Having secured majority interest in insurance conglomerate, Guardian Holdings Limited (GHL), Jamaican/Canadian billionaire Michael Lee-Chin is mooting offering shares in the company to staff, particular to sales staff, as part of an impromptu deal struck on Monday. The deal was struck as Lee-Chin addressed a Guardian Life Special Sales Force

Don Anderson, managing director of Market Research Services, presents the 2019 Third-Quarter Business and Consumer Confidence Indices at the Courtyard by Marriott on Tuesday (October 15). (Photos: Garfield Robinson) The level of confidence in the economy by both businesses and consumers has declined in the third quarter of 2019, though

MONTEGO BAY, St James — Opposition spokesperson on science and technology Julian Robinson says while adopting 5G mobile networks is imminent, it comes with a number of risks. He is therefore urging Jamaica to look into the risks associated with the new technology as it mulls its adoption. The fifth

BRUSSELS, Belgium (AFP) — Britain and the European Union reached a last-ditch Brexit deal on Thursday, just hours before an EU summit that is expected to give it a seal of approval. But Prime Minister Boris Johnson will still have to take the accord to a sceptical British parliament for

In this August 6, 2019, file photo, a woman walks by a money exchange shop decorated with different countries currency banknotes at Central, a business district in Hong Kong. (AP Photo/Kin Cheung, File) WASHINGTON (AP) — The International Monetary Fund is further downgrading its outlook for the world economy, predicting

This 2011 photo provided on Monday October 14, 2019 by the National Scientifc Research Center, CRNS, shows Esther Duflo, who was awarded the 2019 Nobel Prize in economics along with Abhijit Banerjee and Michael Kremer Monday , October 14, 2019, for pioneering new ways to alleviate global poverty. Two researchers

Goran K Hansson, Secretary General of the Royal Swedish Academy of Sciences (center) and academy members Peter Fredriksson (left) and Jakob Svensson announce the winners of the 2019 Nobel Prize in Economics during a news conference at the Royal Swedish Academy of Sciences in Stockholm, Sweden, Monday, October 14, 2019.

Lloyd Parchment, the co-chairman of the Anti-Fraud Committee of the Jamaica Bankers Association, says fraudulent activities have emerged as an area of major concern in the island in recent years. “A lot of persons might not realise that fraud is one of the few growth industries in Jamaica right now,”

Finance and Public Service Minister Dr Nigel Clarke leaves for Washington this weekend to among other things attempt to do what his predecessor, Audley Shaw was unable to do, which is to get the American banking community to relax their de-risking concerns on Jamaica. Dr Clarke will be attending the

The measures mandated by the Financial Action Task Force, FATF, and its regional arm, while meant to keep constrain illicit financing of terrorists and other schemes, is now putting undue burden on non-profit operations that could drive then into the ground. The addition of non-profits to the list of entities