THE Consumer Affairs Commission (CAC) has been identified as the body which will be responsible for dealing with complaints against microcredit institutions, under a new Microcredit Bill, tabled in the House of Representatives on Tuesday. According to the Bill, the CAC will become the body responsible for not only accepting
PROGRAMME director for the National Identification System (NIDS) Warren Vernon says that biometric data for the national identification database will be encrypted to prevent unauthorised access. “Your fingerprint and facial image will be encrypted, so that a regular person just can't access it like that unless you have the resources
Insurance giant, Sagicor Group Jamaica, SGJ, is set to stanch multibillion-dollar losses on its investment hotel portfolio of 20 million shares in international hotel chain Playa Hotels and Resorts, held through several of its associated companies Sagicor Real Estate X Fund and Jamziv MoBay Jamaica Portfolio Limited. Sagicor announced this
These are the Jamaican Insurance Industry's 2019 Statistics which forms a part of the IAJ 2020 Yearbook. CLICK ON THE LINK THAT FOLLOWS THIS: 2020 YEARBOOK STATISTICS updated DEC 30 PART 2
A lot has been said about the late Gordon “Butch” Stewart, and his impact on entrepreneurship and the general development of Jamaica. In my eyes (as I have said in the past), he has had a more positive impact on promoting Jamaica than any prime minister, just like Bob Marley.
Published:Wednesday | January 6, 2021 | 12:15 AMNeville Graham/Business Reporter January 2020 would have opened with some amount of optimism about the Jamaican economy. At that time, the economy would have completed 19 consecutive quarters of growth before registering a flat three months to December 2019, as the country’s economic
Published:Wednesday | January 6, 2021 | 12:08 AMSteven Jackson/Senior Business Reporter Previous Next 1 2 It’s been a slippery slide for the local stock market over the past two years and the pandemic has made matters that much worse. From the best performing exchange in the world in 2018 repeating
There will be more changes to Jamaica's banking system in 2021, as the Bank of Jamaica (BOJ) imposes stronger capital and liquidity requirements to make it more resilient to economic and financial shocks. In a 148-page consultation paper released to the wider financial sector on its proposals for the implementation
THE Statistical Institute of Jamaica (STATIN) has reported that the economy declined by 10.7 per cent during the third quarter of 2020 when compared to the same quarter in the previous year. “This was due to declines in both the services and goods-producing industries of 13.1 per cent and 3.5
Kingston, Jamaica; Jamaica Reach to Recovery (JRR), the support arm of the Jamaica Cancer Society (JCS), was presented with a cheque for JMD$1,000,000 from the Insurance Company of the West Indies (ICWI) on Friday, October 23, 2020 at their Head Office in Kingston Jamaica. ICWI has been a long standing
