QUESTION: When I just started working, I was motivated by your columns to get my finances in order. It has been three years since I first wrote you and a lot has changed. I finished paying my student loan, switched my pension savings from one pension fund manager to another,
Natalie Haynes, deputy governor of the Bank of Jamaica (BOJ), telling reporters and editors at the Jamaica Observer Monday Exchange that the central bank has a 60-business day turnover time to process cambio licence applications. (Photo: Joseph Wellington) The Bank of Jamaica (BOJ) has put the brakes on reducing the
AMANDA MONTAGUE Earlier this year the Minister of Industry, Commerce, Agriculture and Fisheries Audley Shaw called for increased integration of Airbnb operations into community tourism offerings. Prime Minister Andrew Holness stated that there is scope for greater expansion of Airbnb services in Jamaica, from which hosts in Kingston and St
With its primary mandate being that of ensuring the professional development of the financial services sector and training for the business industry, the Jamaica Institute of Financial Services (JIFS), an entity which has been around for over 40 years, continues to make significant strides in getting professionals certified. The name
There is growing concerns within the financial sector over the large volumes of hard currency being shipped from Jamaica — upwards of $50 million monthly — which cannot adequately be justified. This legitimises the de-risking concerns being exhibited towards Jamaica by foreign banks, which are refusing to hold US cash
WASHINGTON, United States — United Kingdom Foreign Secretary Dominic Raab (left) and U.S. Secretary of State Mike Pompeo (right), shake hands during a joint press event at the State Department on August 7, 2019 in Washington, DC. (Photo: AFP) WASHINGTON, United States (AFP) — The top US and British diplomats
The Jamaican economy is becoming more sophiscated and no longer needs to be picking winning industries for stimulus packages to grow national production. That's the word from Internationl Monetary Fund (IMF) representative to Jamaica, Dr Constant Lonkeng Ngouana, who explained that this sophiscation is manifesting itself in a number of
Statistical Institute of Jamaica expects to update the inflation basket in a year’s time from the results of the last household expenditure survey, or HES, says senior statistician Hope Perkins. The survey, which provides information on the goods and services purchased by private households, was conducted from February 2017 to
Minister without Portfolio in the Ministry of Economic Growth and Job Creation, Senator Pearnel Charles Jr, moves the Pensions (Superannuation Funds and Retirement Schemes) (Investment) (Amendment) Regulations, 2019 in the Upper House on Friday KINGSTON, Jamaica — Regulatory amendments, aimed at strengthening the legislative framework to safeguard the assets of
Fund managers will soon have a wider pool of assets to pick from when investing pension savings, following the adoption of amendments to pension regulations by Parliament on July 23. The regulations still have to be approved by the Senate, but industry representatives are already cheering the initial passage in
