Friday, June 03, 2016 | 7:14 PM KINGSTON, Jamaica (JIS) – Disasters such as hurricanes, tropical storms and depressions, and floods over the last 15 years have cost the Government and people of Jamaica more than $4 billion. Deputy Director General of the Office of Disaster Preparedness and Emergency Management
Thursday, June 02, 2016 | 7:37 PM KINGSTON, Jamaica – Leading global provider of network infrastructure software solutions for communications, Alepo, has announced a partnership to support plans by new mobile spectrum company, Caricel, to bring 4G LTE service to Jamaica. Alepo, announced Tuesday that it will partner with US-based
Published:Friday | June 3, 2016 The Realtors Association of Jamaica (RAJ) is already pressing for transfer tax and stamp duty to be rolled back as soon as bailout agreement with the International Monetary Fund (IMF) comes to an end next year. Transfer tax now stands at five per cent and stamp
Friday, June 03, 2016 Deputy Director General of the Planning Institute of Jamaica (PIOJ), Colin Bullock, reckons that Jamaica could be moving away from its “twilight of uncertainty and unpredictable fluctuations”. His reasoning was based on economic growth of roughly 0.9 per cent over the January to March quarter led
Fiscal Monitoring Table FY 2016/17 April 2016 Fiscal Numbers
MINISTER of Finance and the Public Service Audley Shaw says the Bank of Jamaica will continue to closely monitor the issues which led to the most recent devaluation of the Jamaican dollar. “My information is that all the foreign exchange that is required is now available. The Bank of Jamaica
Published:Friday | May 27, 2016 A bond offer from a top American bank, Goldman Sachs, has proven disruptive to Jamaica's foreign exchange market in recent weeks, forcing the Bank of Jamaica to call on its reserves in order to stop the local currency from falling too far and too fast.
IMF concerned about financial sector management, BOJ strategy BY AVIA COLLINDER Business reporter collindera@jamaicaobserver.com (From left) Minister of state Rudyard Spencer, minister of state Fayval Williams, Finance Minister Audley Shaw, IMF mission chief for Jamaica Uma Ramakrishnan, IMF resident representative in Jamaica Bert van Selm and BOJ Governor Brian Wynter
Wednesday, June 01, 2016 WEHBY... we are in the process of applying to operate branches across the Eastern Caribbean Targeting primarily the motor vehicle market, GK Insurance (GKI) — a subsidiary of the GraceKennedy group — has introduced a “design your own coverage” plan combined with online purchase. Group CEO
Sunday, May 29, 2016 Finance Minister Audley Shaw (left) with IMF Mission Chief for Jamaica Uma Ramakrishnan at the Ministry of Finance last week.Photo: JIS The International Monetary Fund (IMF) is placing some blame on the island’s banking sector for poor levels of growth within the island. At the same
