The International Monetary Fund (IMF) has revised its forecast for Jamaica's economic recovery, now saying it expects growth to reach 4.6 per cent this year. The figure, which was released in the World Economic Outlook yesterday, is up from the 1.5 per cent expansion the IMF forecast in April and

Despite making significant progress in strengthening Jamaica's anti-money laundering/counter-financing of terrorism (AML/CFT) framework, Minister of Finance Dr Nigel Clarke says the court proceedings between the Jamaican Bar Association and the Government will delay the country from leaving international money-laundering lists. “… Because it is before the court I don't want

As oil prices on the global market climb to seven-year highs, managing director of Petrojam Winston Watson is warning Jamaicans that further price hikes could be on the horizon. “OPEC (Organization of the Petroleum Exporting Countries) did not increase their production the way people expected so that drove up

AddThis Sharing Buttons Share to Print Share to FacebookShare to TwitterShare to EmailShare to More 1 MANDEVILLE, Manchester — Scores of farmers across Jamaica are reeling from rising prices for fertiliser, crop seedlings, and seeds, which have significantly hiked their production costs. President of the Jamaica Agricultural Society (JAS) Lenworth

FOLLOWING the August 2020 judgement over disputed matters between liquidators and shareholders of Trinidad and Tobago-based CL Financial, a company which was once the largest financial conglomerate in the Caribbean, property belonging to the company is now being placed on the market for sale. Liquidators, having clearly determined the totality

WIPAY Jamaica is bringing in more digital money options, with the latest option being an untransferable, unique QR code identifier embedded with digital fiat (digital money). WiPay, the Caribbean's leading fintech company, has unveiled this new digital payment option with the launch of its WiCare Digitial Grant Initiative in partnership

Today we are inviting you to test your level of creativity by finding new ways to live within your means and save more. Here are a few tips from us. 1. Kill pride and laziness and make a budget. As boring as it appears, planning what to spend your money

Global insurance broker Arthur J Gallagher & Company recently acquired Briat Insurance Limited, another brokerage firm based in Grand Cayman. Though the details of the transaction were not disclosed, Gallagher, in pushing its aggressive mergers and acquisitions (M&A) strategy, said that the latest acquisition aligns well with its mission of

As we continue our review of the Jamaica Stock Exchange (JSE's) Junior Market over the last decade, we asked the leading players behind the companies listed to share their reasons for listing and the benefits derived so far. Below are details about the most recent performance of two JSE-listed companies.