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Parliament clears final hurdle to new Road Traffic Act

2018-12-09T00:39:06+00:00

KINGSTON, Jamaica β€” Leader of Government Business in the Senate, Kamina Johnson Smith, said today that the framework to be introduced under the provisions of the new Road Traffic Act (RTA) will reduce the opportunity for human error and corruption to interrupt enforcement. β€œThe facilitation of disorder without accountability must

Parliament clears final hurdle to new Road Traffic Act2018-12-09T00:39:06+00:00

Alignvest places Sagicor regional heads on three-year contracts

2018-12-08T15:28:03+00:00

Alignvest Acquisition II Corporation, the Canadian entity seeking to acquire Sagicor Financial Corporation, has negotiated initial three-year contracts with the country heads in Barbados, Jamaica and the United States, with an automatic one-year renewal for successive periods. The base pay of the three executives combined will be US$1.58 million per

Alignvest places Sagicor regional heads on three-year contracts2018-12-08T15:28:03+00:00

‘Share dinner with a less fortunate child Christmas Day,’ former PM Golding urges

2018-12-08T15:21:17+00:00

MONTEGO BAY, St James β€” Former Prime Minister Bruce Golding has made a rallying cry to a group of Montegonians to follow his footsteps and open their doors to at least one child from a children's home for Christmas dinner this year. Speaking at the Montego Bay Mayor's Charity Ball,

‘Share dinner with a less fortunate child Christmas Day,’ former PM Golding urges2018-12-08T15:21:17+00:00

Sagicor supports Island Child Style

2018-12-08T15:15:10+00:00

MORE than 80 children walked the runway at the Island Style Child fashion show on Saturday, November 24 at the Jamaica Pegasus hotel. The brainchild of B3 Parenting CEO Michelle Gordon, the next generation of the region's models graced the stage in fine style to much applause. Demonstrating their bold,

Sagicor supports Island Child Style2018-12-08T15:15:10+00:00

Construction costs limit ability to provide more housing, says NHT

2018-12-08T15:10:50+00:00

National Housing Trust (NHT) Managing Director Martin Miller says while there is an impression that the agency is cash-rich, it continues to be constrained by construction costs as it tries to provide Jamaicans with housing solutions. Currently, the demand for housing is 19,000 annually, but the NHT has only been

Construction costs limit ability to provide more housing, says NHT2018-12-08T15:10:50+00:00

Traffic Bill debate for Senate today

2018-12-08T15:06:39+00:00

THE Senate is likely to pass the new Road Traffic Act today, ending several years of delay in repealing the existing 80-year-old act which governs usage of Jamaica's roadways. The Bill, which has been through a number of changes since 2015, was passed by the House of Representatives on November

Traffic Bill debate for Senate today2018-12-08T15:06:39+00:00

Caricom commission monitoring Scotiabank’s sale of Caribbean assets

2018-12-08T15:02:22+00:00

Caricom's Competition Commission, which monitors business activity in the Caricom Single Market and Economy (CSME), says it has taken note of the recent announcement by the Bank of Nova Scotia (β€œScotiabank”) of its intention to sell banking assets in nine English-and Dutch-speaking countries in the region. In a release issued

Caricom commission monitoring Scotiabank’s sale of Caribbean assets2018-12-08T15:02:22+00:00

Jan Keil | Jamaica needs co-operative banks

2018-12-08T14:57:49+00:00

Last week, I provided evidence of a lack of competition in the Jamaican banking sector. As one possible remedy, I praised the issuance of a commercial banking licence to Jamaican National, JN, and recommended the issuance of another licence to Victoria Mutual Building Society, VMBS. Both of these institutions are

Jan Keil | Jamaica needs co-operative banks2018-12-08T14:57:49+00:00

Scotia Group reports small uptick in annual profit

2018-12-08T14:53:50+00:00

Banking conglomerate Scotia Group Jamaica Limited recorded a soft fourth quarter, but still closed the year with marginally higher profit of $12.8 billion. Those results were just 2.6 per cent better than last year, when Jamaica's number two bank made $12.4 billion. Earnings per share for the full year totalled

Scotia Group reports small uptick in annual profit2018-12-08T14:53:50+00:00
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