Jamaica is set to tighten oversight of money flows by year end through amendments to the Proceeds to Organised Crime Act and the Terrorist Prevention Act. However, the timeline for the passage of legislation to police microlenders is not as certain. The bill, known as the Microcredit Act, is aimed

Many of the jobs currently being created in the Jamaican economy are comparable to the same low value-added ones produced two decades ago, according to the governor of the Bank of Jamaica, the BOJ. “Thank goodness for them because they are jobs, and the people getting them didn’t have any

WASHINGTON, United States (AFP) — Grinding trade disputes are undermining the global economy, which is set to see its slowest growth in nearly a decade, the new IMF chief said Tuesday. Research shows the impact of the trade conflict is widespread and countries must be ready to respond in unison

As Jamaica steadily advances in its economic reform agenda, Government and policymakers are impelled to not take the gains the country has secured over the last couple of years for granted, but instead use them to continue in building out a path for greater growth and to correct the ills

Amendments to the Proceeds of Crime Act (POCA) to remove the onerous Know Your Customer (KYC) requirements for small businesses opening bank accounts will be tabled in Parliament as soon as this month. Finance Minister Dr Nigel Clarke, who made the announcement yesterday, declared that this should be good news

KINGSTON, Jamaica — The Commonwealth has helped Jamaica secure a grant valued at over $500,000 to assist it towards establishing the first-ever Caribbean green bond. The grant, which was presented to Prime Minister Andrew Holness on October 7, will pay for a 'readiness initiative' involving an analysis of the development

Fifty-five-year-old Janet Scott*, a housekeeper from Old Harbour, St Catherine, has never done a mammogram, although she is fully aware that she is at a higher risk of developing breast cancer, given her family history. Her mother died from the disease when Janet was only 12 years old. “I’m very

For many of us the animals in our lives are our faithful pals who keep us company and love us, no matter what. A man's best friend is undoubtedly his dog, well in Kenny's case — his dogs. This week's Q10 features Kenneth “Kenny” Benjamin, founder and executive chairman of

KINGSTON, Jamaica — Prime Minister Andrew Holness says the Government will place its 19-per cent stake in the Jamaica Public Service Company (JPS) on the Jamaica Stock Exchange (JSE). Holness, who was addressing the Jamaican/Korean Association in Incheon Korea yesterday, did not disclose when the share would be listed. However,