Jamaica recorded the ninth-highest 12-month rise in cost of living in the region at June this year, according to data from a regional United Nations economic body. The inflation rate, at 10.9 per cent over the 12 months to June, ranks ninth among 33 nations in the Latin America
VM targets big pensions market Share Published:Friday | September 9, 2022 | 12:08 AM With some 815 private pension plans covering only a fraction of Jamaica’s 1.2 million workforce, the deal inked Tuesday by VM Pensions and the Jamaica Manufacturers and Exporters Association, JMEA, for a private pension plan covering
Business Sagicor Financial credit ratings under review BY DAVID ROSE Observer business writer davidr@jamaicaobserver.com Sep 07, 2022 12:18 am · Sagicor FInancial Company's head office at the Cecil F De Caires Building in St Michael, Barbados. Sagicor Financial Company Limited (SFC) and its subsidiaries have had their credit ratings put
THE Bank of Jamaica (BOJ), in its new remittance report, indicates that for the January to July 2022 period remittance inflows to Jamaica amounted to US$1,959.4 million. Inflows are expected to track pass the US$2-billion mark in the August report pending. Visitors travelling with cash instead of using remittance channels
Monday, August 22, 2022 marked the first anniversary of the fire at the alumina processing plant Jamalco, an event described as one of the worst disasters in the company's 63-year history. Jamalco mines bauxite and refines it into alumina which is exported from its Rocky Point port in Clarendon. It
With just 12 per cent of the working population having a pension and/or retirement scheme, Minister of Industry, Investment and Commerce Senator Aubyn Hill has encouraged VM Pensions Management Limited to go after the remaining market share. The minister was speaking at the launch of the Jamaica Manufacturers and Exporters
It takes money to make money and the more you have the more negotiating power your money gives you. So if you have $100,000 how can you reap billionaire benefits? Simply pool your money with other investors so the volume of funds can purchase assets at reduced prices and give
Published:Tuesday | September 6, 2022 | 12:06 AM Previous Next Kenyon Hemans A home that was flooded as a result of heavy rains associated with Tropical Storm Elsa in Old Harbour, St Catherine, last year. 1 2 WITH THE month of September being the peak of the Atlantic hurricane
Growth & Jobs | Students sharpen financial literacy skills at summer camp Share Published:Tuesday | September 6, 2022 | 12:06 AM PreviousNext Contributed Gillian Hyde (centre), deputy managing director, JN Bank; and Jerome Harriot (right), member service representative at JN Bank, explain to Dejario Dickson how to use the
