The Bank of Jamaica (BOJ), following a recent meeting with the representatives of financial holding company designates (FHC) and deposit taking institutions (DTIs), has agreed to the resumption of dividend declarations and distributions from these entities. Prior to this, the central bank had authorised the suspension of dividend payment from

As the local economy continues to recover from the fallout caused by the novel coronavirus pandemic, the tourism sector, which is one of the most severely affected, is now finalising plans to homeport a cruise vessel from the Norwegian Cruise Line company ahead of the resumption of cruise activities slated

KINGSTON, Jamaica — Business sector leaders say the E-commerce National Delivery System (ENDS) can potentially assist in revolutionising economic activity in Jamaica, by facilitating the transition of more informal operators into the formal sector. ENDS is a partnership between the Government and the Private Sector Organisation of Jamaica (PSOJ). The

WASHINGTON, United States (AP) — The rollout of COVID-19 vaccines and vast sums of government aid will accelerate global economic growth to a record high this year in a powerful rebound from the pandemic recession, the International Monetary Fund says in its latest forecasts. The 190-country lending agency said Tuesday

WASHINGTON, United States (AFP) — The IMF's top economist on Tuesday said the fund has long supported a global minimum corporate tax, after US Treasury Secretary Janet Yellen called on G20 countries to adopt one. "We are very much in favour of a global minimum corporate tax," International Monetary Fund

QUESTION: I got a 100% financed loan to purchase a new car in 2014. Several months afterwards, I lost my job and the vehicle was repossessed. A few weeks ago I got a letter from a collection agency that I owed more than the money that I borrowed and that

INVESTING is critical to wealth creation, as it's usually more difficult to amass a large net worth with just regular savings. However, the financial marketplace in Jamaica is filled with many investment choices and sometimes it might be difficult to decide where to invest your money.   Before making any

Sagicor Group Jamaica has signalled its support of the Government's intention to launch a digital currency which is expected to bolster the local economy. Speaking last week at the first in a series of Sagicor Investments educational investor briefings dubbed 'Money Talks', Christopher Zacca, president and CEO of Sagicor Group

WASHINGTON (AP) — The head of the 190-nation International Monetary Fund says prospects for global growth have brightened since January, helped by a $1.9 trillion United States rescue package. But she warns that uneven progress in fighting the pandemic could jeopardise the economic gains. IMF Managing Director Kristalina Georgieva said