(From left) Michael Lake, managing director, Michael Lake & Associates; Dr. Morais Guy, Opposition Spokesman, Housing; Julian Robinson, Member of Parliament for St Andrew South Eastern; Andrew Holness, prime minister; Eric Hosin, president, Guardian Life Limited; Septimus Blake, chief operating officer, National Commercial Bank Limited, and Horace Chang, minister of
KINGSTON, Jamaica — The National Housing Trust (NHT) is to undertake infrastructure upgrading at 49 housing schemes across the island at a cost of more than $2.5 billion. Prime Minister Andrew Holness made the announcement during his contribution to the 2019/20 Budget Debate in the House of Representatives today. Holness
JOHANNESBURG (AP): More than 1,000 people were feared dead in Mozambique four days after a cyclone slammed into the country, submerging entire villages and leaving bodies floating in the floodwaters, the nation’s president said. Cyclone Idai is believed to be the most destructive storm to hit the impoverished southeastern African
Scotiabank Jamaica has set up a $3 billion fund from which it will issue loans to small businesses at a special rate of 9.99 per cent. The bank has also adjusted its loan rate for residential mortgages to 6.99 per cent, which it now touts as the lowest in the
The Government is seeking “competitive” sources of financing to undertake a proposed third infrastructure development initiative to succeed the Major Infrastructure Development Programme (MIDP), which was in its winding-up phase, to significantly improve aspects of Jamaica’s transportation network. In his contribution to the Budget Debate yesterday, Prime Minister Andrew Holness
Prime Minister Andrew Holness yesterday announced plans by the National Housing Trust (NHT) to increase the limit for loans by $1 million, raise the ceiling for construction loans, while reducing interest rates for all contributors. He declared that now was the time for Jamaicans to pursue their dream of home
As we approach the 100th anniversary of the year when women were first admitted to the Institute of Actuaries of the UK, I thought it would be interesting to reflect on some of female pioneers of the profession. The honour of being the first female actuary is usually ascribed to
Behavioural Finance is the study of investor behaviour, which endeavours to understand and explain how investors think, act and why they do what they do. Most investors understand the concept of buying low and selling high. However, because they allow fear, greed and other emotions to influence them, they tend
FOR the first time in its 20-year history, Guardian Life Limited has achieved a consolidated net profit of $6.9 billion. The announcement was made by Eric Hosin, president, Guardian Life, during the company's 19th Annual Awards Ceremony hold on Saturday, March 9, 2019 at the Sunken Gardens, Hope Gardens in
JAMAICA no longer has a McDonald's fast food restaurant, so it is not included in The Economist newspaper's Big Mac Index. It is one of the few places that doesn't have a restaurant from that American chain, and the Big Mac is sold in some 120 countries. But if the
