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Public sector pension reform an urgent matter – PM Holness

2017-07-19T17:18:04+00:00

Prime Minister Andrew Holness Prime Minister Andrew Holness has declared that urgency must be placed on settling the issue of public sector pension reform. Acknowledging concerns expressed by trade unions relating to the five per cent increase in contributions by workers, Mr. Holness noted on Saturday that failure to

Public sector pension reform an urgent matter – PM Holness2017-07-19T17:18:04+00:00

Briefing | Income inequality bad for economic growth

2017-07-19T13:19:40+00:00

Never neglect the household   Any country that has managed to transition itself from developing to developed in this hostile global geopolitical environment has done so by providing the platform to facilitate a balanced distribution of resources and support to firms as well as to households via the government.

Briefing | Income inequality bad for economic growth2017-07-19T13:19:40+00:00

All NHT first-time applicants can now get $5.5-million loan

2017-07-18T15:16:47+00:00

ALL first-time applicants for mortgages from the National Housing Trust (NHT) should now be able to access the full loan ceiling of $5.5 million, regardless of the age of the homes they are purchasing. Effective yesterday, the policy changes to the NHT's individual loan limit will enable eligible contributors to

All NHT first-time applicants can now get $5.5-million loan2017-07-18T15:16:47+00:00

Forex bank account holders face headwinds

2017-07-18T15:12:04+00:00

Local banks are saying that new charges levied on US-dollar accountholders are related to higher costs associated with transporting and shipping the currency overseas. As supplies of foreign currency build up in bank vaults, new fees on deposits above set thresholds have been imposed on savers. Account holders are

Forex bank account holders face headwinds2017-07-18T15:12:04+00:00

IDB launches Orange Economy on the Caribbean

2017-07-18T15:08:08+00:00

WASHINGTON, United States (CMC) — Highlighting the contributions of creative talent to social and economic progress, the Inter-American Development Bank (IDB) has launched the e-book, Orange Economy: Innovations you may not know were from Latin America and the Caribbean . The IDB said it uses the term “orange economy”

IDB launches Orange Economy on the Caribbean2017-07-18T15:08:08+00:00

Motor losses a drag on general insurers

2017-07-17T12:05:55+00:00

While life insurers are befitting from the change in reserve requirements, leading to higher investment income, general insurers saw a fall off in earnings for the quarter ended March, according to data from the Financial Services Commission (FSC). There are 10 general insurance companies in operation, overseeing assets of $72

Motor losses a drag on general insurers2017-07-17T12:05:55+00:00

Top JSE stocks more than double in value at half-year

2017-07-12T15:13:35+00:00

Investors more than doubled their money in nine top stocks over six months, according to data from the Jamaica Stock Exchange (JSE). Jamaica's equity market also ranked 11 among roughly 92 globally in markets tracked by Bloomberg. Half-year data on Jamaican stocks showed Pulse leading the pack in gains. Nine

Top JSE stocks more than double in value at half-year2017-07-12T15:13:35+00:00

Crime chills business confidence

2017-07-12T15:08:43+00:00

Don Anderson, managing director of Market Research Services Limited. Half of all firms see crime as the top problem facing the nation, according to the latest survey of business and consumer confidence released on Tuesday. It comes amid a surge in murders and a clampdown on communities by the

Crime chills business confidence2017-07-12T15:08:43+00:00
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