Many fixed income investments have a predefined maturity date. When making the investment, the date is stated in the contract and known by the investor. There are also some investments which may have embedded clauses to allow the issuer of the investment to repay investors early. This is known as

Although the pandemic has caused upheavals and hardship around the world, it has fallen particularly hard on low- and middle-income countries (LMICs). Vaccine availability has been far more limited in LMICs than in rich countries, and the refrigeration facilities needed to store the most effective vaccines are severely limited. In

Government Senator Don Wehby on Friday assured the nation that he would undertake personal oversight of the long-promised unemployment insurance scheme, to ensure that it becomes a reality. His comments come more than a year and half after Finance Minister Nigel Clarke announced that the Planning Institute of Jamaica

Adrian Stokes will remain in the financial sector following his exit from Scotia Group Jamaica, SGJ, a month from now, but the strategist is not saying what his next role would entail. “It is a move I consider to be of long-term strategic value. I will remain in the financial

THE island's two largest commercial banks have announced new and increased fees that will take effect between January and March 2022, including automated teller machines (ATMs) charges and other fees, drawing the ire of St Catherine Southern Member of Parliament Fitz Jackson. Since the start of 2022, NCB has introduced

Even as consumers battle price inflationary pressures while the economy recovers from the novel coronavirus pandemic, Jamaica Broilers Group Limited (JBG) has announced that a 10 per cent price increase will be applied at the end of January. “It's incredible what's happening, and it's so aggressive that it's not funny,”

The Bank of Jamaica (BOJ) remains firm that its digital currency will be for domestic use only. In an update provided to the Jamaica Observer, it said it is also not considering interoperability with any other CBDC or usable on any other digital wallet apart from deposit-taking institutions and payment

The Inter-American Institute for Cooperation on Agriculture (IICA) has called upon states to offer increased collaboration in advancing key efforts to transform the sustainability of agri-food systems across hemispheres. At a recent ceremony to install Manuel Otera, who was re-elected to serve for a second-consecutive term as director general of

The Development Finance Institute Canada (DFIC) Inc, operating under the FinDev Canada brand, recently announced a US$20-million loan to JMMB Bank (Jamaica) Limited. The loan is intended to support Jamaica's small and medium-sized enterprises (SMEs) seeking capital to assist them in the creation and retention of jobs and to scale

ARIBBEAN economist Marla Dukharan is criticising the global minimum tax as another door for discrimination. Dukharan in the Caribbean Monthly Economic Report argued that while the United States, European Union and Organisation for Economic Co-operation and Development (OECD) convinced 136 countries (except Nigeria, Kenya, Pakiston and Sri Lanka) to agree