THE pride in R Danny Williams' voice is unmistakable as he reflects on the birth of Life of Jamaica (LOJ) 50 years ago. The process, he reveals, was guided by a zeal to create a truly Jamaican financial sector. “In 1970 when Life of Jamaica started, we had a very,
The World Trade Organization (WTO) has said international trade is set to drop “precipitously” in the first half of 2020 as coronavirus wreaks havoc on global supply chains and consumer demand. The WTO’s gauge of the health of global trade fell to 87.6, its lowest reading since the goods trade
Government Senator Donald Wehby wants the proposed independent Fiscal Council to be established “as quickly as possible”. Senator Wehby made the call during the debate on the amendments to the Financial Administration and Audit Act (FAAA) in the Senate last Friday. They amendments are aimed at, among other things, giving
FINANCIAL services conglomerate Sagicor Group Jamaica is looking to spread its tentacles further into the Americas as it eyes “continued” growth 50 years after breaking ground in the health and insurance industry. With Sagicor being the number one ranked insurance company locally; number two in investment banking and three in
Jamaica's homicide rate is at an alarming level, with murders being recorded on the island at nearly eight times the global average. For the purpose of statistics, the murder rate is the number of murders per 100,000 people within a country. According to data compiled by World Population review, Jamaica
Minister of Local Government and Community Development, Desmond McKenzie, says that all is in place for the Atlantic Hurricane Season, which starts on June 1. “As the Minister with responsibility for disaster preparedness, I want to assure the country that all the resources that will be required to ensure that
Marian Ross, vice-president of trading & investment at Sterling Asset Management, is pictured making a delivery to the Golden Age Home on Monday. It includes much-needed sanitation supplies and adult diapers as well as novels, puzzles and games for the residents from Sterling Asset Management and their clients. The emergence
HENRY... For April-June 2020, growth prospects for the economy are generally negative based on the anticipated impact of the COVID-19 pandemic, which led to a fall in demand for goods and services, amidst the full roll out of measures to contain the spread of the virus. The Planning Institute of
HE Caribbean Association of Banks (CAB) has described the recent decision taken by the European Union (EU) to blacklist some Caribbean countries as unanticipated and unwarranted. In a release yesterday, the regional entity which represents over 56 banks and financial institutions in the Caribbean said that the EU's decision warrants
