Proposed amendments to BOJ Act need further discussion, says Chung

2020-10-28T14:12:43+00:00

Financial analyst Dennis Chung has responded to the central bank's letter to the editor last week in which it explained the rationale for amending the Bank of Jamaica Act (BOJA). Deputy Governor Natalie Haynes, in responding to Chung's column published in the Sunday Observer on October 18, 2020, had explained

Proposed amendments to BOJ Act need further discussion, says Chung2020-10-28T14:12:43+00:00

Way cleared for Key Insurance rights issue

2020-10-28T14:08:53+00:00

Key Insurance Company shareholders have given the green light to the financially strapped company's planned rights issue to raise much-needed capital. In the last 18 months, Key Insurance finances have gone into the red with some reprieve in the last quarter, where strategic and operational changes implemented by the new

Way cleared for Key Insurance rights issue2020-10-28T14:08:53+00:00

Lower oil demand likely to persist beyond 2021 – World Bank study

2020-10-28T13:54:04+00:00

While almost all commodity prices have recovered in the third quarter of 2020 following steep declines earlier in the year due to the COVID-19 pandemic, energy prices — despite some recovery — are expected to stabilise below pre-pandemic levels until at least 2022, the World Bank has said. Energy

Lower oil demand likely to persist beyond 2021 – World Bank study2020-10-28T13:54:04+00:00

Two branches to close as Scotia aligns organisational structure

2020-10-28T13:49:33+00:00

Scotiabank Jamaica yesterday announced that it will be closing its Black River and Old Harbour branches as part of several changes to its branch network which it said will better align its organisational structure with current revenues as well as the shift in customer preferences. The operations of the Black

Two branches to close as Scotia aligns organisational structure2020-10-28T13:49:33+00:00

Chorvelle Johnson Cunningham: Teacher-turned-leading banker

2020-10-28T13:36:41+00:00

Before entering the arena of finance, which eventually culminated with her appointment as CEO of Sagicor Bank Jamaica (SBJ), Chorvelle Johnson Cunningham's career began in a classroom at Kingston Technical High School, where she taught business to upper school students. Nearly two decades later, the formidable author has built up

Chorvelle Johnson Cunningham: Teacher-turned-leading banker2020-10-28T13:36:41+00:00

Key Insurance engages digital strategy to grow revenues

2020-10-28T13:31:55+00:00

Key Insurance has touted digitisation and the boosting of operational efficiencies as major parts of its continuous turnaround strategy to improve revenues. At its annual general meeting (AGM) last week, the company disclosed that plans were far advanced for a November roll-out of a digital platform aimed at providing improved

Key Insurance engages digital strategy to grow revenues2020-10-28T13:31:55+00:00

US poverty rate rising as government aid winds dow

2020-10-21T21:52:12+00:00

5:42 pm, Thu October 15, 2020 1.                                                                                                                                                                                                                                                                                                                                                                                                                          Poverty rates in the US are rising, as government aid winds down despite ongoing economic distress caused by the pandemic. University researchers have said almost eight million Americans - many of them children and minorities - have fallen into poverty since May.

US poverty rate rising as government aid winds dow2020-10-21T21:52:12+00:00
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