Sagicor Group Jamaica senior vice-president, general counsel & corporate secretary, Janice Grant Taffe (1st row, centre), along with Minister of State in the Ministry of Education Floyd Green (1st row, right) and Damion Crawford (1st row, left), keynote speaker at the Sagicor Foundation Scholarship Awards ceremony, share in a
The Bank of Jamaica is seen at left and large bank Scotiabank Jamaica is to the right. The central bank says non-performing loans are declining due to the impact of the nascent credit bureau system. Jamaica's central bank is reporting an annual average decline in new on-performing loans, or NPLs,
CORPUS CHRISTI, Texas (AP) — Tropical Storm Harvey intensified Thursday into a hurricane that forecasters said would be the first major storm to hit Texas in 12 years. Sustained winds reached 80 mph (129 kph) more than a day before landfall was expected late Friday between Port O'Connor and
The Bank of Jamaica (BOJ) said that effective August 25 the rate offered on overnight placements with the Bank, the policy interest rate, will be reduced to 3.50 per cent from 3.75 per cent. The adjustment to the policy rate reflects the Bank’s assessment that inflation will be within
Lana Forbes, vice president for sales, products and branding at CUNA Caribbean Insurance Jamaica, speaks with Michael Fisher, general manager of Paymaster Jamaica, at the signing of a partnership agreement between their companies, at CUNA Caribbeans offices at the CWJ Building, 51 Half Way Tree Road, Kingston on Thursday,
HOW IS THE ECONOMY? According to STATIN, inflation for the month of April 2017 was approximately 0.3 per cent, and it fell further to 0.1 per cent in May but displayed a clear structural shock, spiking to 0.7 per cent in June and 0.6 per cent in July. This
MMB Merchant Bank is now a licensed commercial bank operating as JMMB Bank (Jamaica) Ltd. The group's entry into the commercial banking sector became official on Monday, making it the eighth commercial bank operating on the island. It also marks a significant milestone for JMMB, which is celebrating its
Chief Executive Officer of the Real Estate Board/The Commission of Strata Corporations (REB/CSC) Sandra Watson Garrick, speaking at a recent JIS 'Think Tank'. (Photo: JIS) LEGISLATION is in the works for the Real Estate Board/Commission of Strata Corporations (REB/CSC) to be given the responsibility for gated complexes. Speaking at a
President of Guardian Life Limited, Eric Hosin (left), offers words of encouragement to recipients of Guardian Life Limited's Grade Six Achievement Test (GSAT) Top Girl and Boy scholarships, Grace-Lee Bolt (second left) and Alex Gray (second right), during a ceremony held today (August 23) at the company's head office on
Interest rates on bank loans still too high - Wynter McPherse Thompson Assistant Editor - Business The Bank of Jamaica, BOJ, says that while interest rates on bank loans have been decreasing, they are still too high and this has affected businesses which cannot generate a return above the levels
