The plan to make the Financial Investigations Division (FID), which is currently part of the Ministry of Finance & the Public Service, into a department with greater budgetary and human resources capacity and autonomy is critical to giving the agency the operational leeway in expanding investigations that may involve other
CHICAGO, United States — Traders monitor offers in the S&P options pit at the Cboe Global Markets exchange shortly after the Federal Reserve announced it was raising interest rates on September 26, 2018. The Fed agreed to increase the federal funds rate a quarter percentage point, to a range of
Minister of Labour and Social Security Shahine Robinson (2nd left) shares a photo op with Caribbean Community of Retired Persons (CCRP) awardees — (from third left) educator, author and theatre practitioner, Dr Jean Small; founder and chairman of Cari-Med Limited and philanthropist, Glen Christian; founder of the Committee for the
Small investors have never excited financial firms enough to target them as a group. They just don't deliver the same margins as the business generated from large institutions and high net worth clients. But boutique investment firm MoneyMasters Limited has decided to build products targeted at this underserved market -
When shareholders of Sterling Investments Limited convene on Monday, October 8, to vote on the second stock split in three years, the operators of the company expect the outcome to set the stage for a strategic shift by the boutique firm. The vote in favour of the five-for-one split would
QUESTION: I have a problem getting credit because of a long-time bad credit I just recently settled with the bank. I took a loan in 2007 and I was offered a credit card as well - my wife and I. There was a medical problem in my family, and I
Mayberry Jamaica Equities Limited, MJE, which holds minority positions in listed companies, has raised $2.2 billion in cash to make new investments in stocks. MJE remains bullish on the local stock market, and expects its gains to outperform the cost of funds borrowed. "MJE just raised $2.2 billion this week.
The thrill of getting approved for your first credit card might wear off - at least a little - when you see the news punctuating that congratulatory message: Your new credit limit is lower than you expected. So the mental math begins. Can you shop for groceries for a full
QUESTION: A lot of road construction is now taking place. Most of it is happening in Kingston, St Andrew, and St Catherine. Reports suggest that more projects are planned for other areas. These activities are said to be disrupting the flow of traffic, having negative impacts on some businesses, and
ROSE HALL, At James — Jamaica is set to add more than 7,500 new hotel rooms over the next two years, Tourism Minister Edmund Bartlett told journalists at a Jamaica Product Exchange (JAPEX) media update breakfast held at Jewel Grande Montego Bay Resort & Spa in St James on Monday.
