Christmas loan specials from microfinance institutions are still being rolled out this year, but borrowers, especially those seeking personal credit, should expect less than half of the value of specials that were trending last year. Small businesses can snatch a deal, but must be prepared to put up assets as
Businessman Keith Duncan has been re-elected president of the Private Sector Organisation of Jamaica (PSOJ) to serve for a second term. Duncan, the chief executive officer of the JMMB Group, was elected unopposed on Thursday at a PSOJ council meeting in St Andrew. PSOJ executive President - Keith Duncan Vice-presidents - Jackie Sharp, Jeffrey Hall,
A survey conducted by Mastercard and Americas Market Intelligence (AMI) in 13 countries across the Latin America and the Caribbean (LAC) region, including Jamaica, shows how consumer habits have changed, how the demand for financial services has increased, and how companies will have to adapt to the novel digital ecosystem
MINISTER of Finance and the Public Service Dr Nigel Clarke yesterday tabled three Bills in Parliament which, he said, are critical to the country's economic recovery in light of the novel coronavirus pandemic. However, he warned that, while the Government is actively pursuing a framework for economic recovery, much of
The financial landscape is getting increasingly complex, so financial literacy is becoming more important as a core skill for participating in society. It is evident that many young people, including the well-educated, are not equipped to manage their financial affairs well. Training children at an early age to make effective
Sagicor Real Estate X Fund has sold its remaining Jewel resort at a loss to a related entity, Sagicor Pooled Investment Fund Limited, which is managed by Sagicor Life Jamaica Limited The transaction, which took place on September 22, was recently disclosed in third-quarter filings by X Fund in
FLORIDA, United States — It was clear before the 2020 Atlantic hurricane season started that it was going to be busy. Six months later, we're looking back at a trail of broken records, and the storms may still not be over even though the season officially ended on November 30.
There was a decline in Jamaica's imports and exports for January to August 2020 when compared to the similar period in 2019 as released today by the Statistical Institute of Jamaica (STATIN). Expenditure on imports for January to August 2020 amounted to US$3,024.0 million, a decline of 30.5 per cent
Despite the uncertainties caused by COVID-19, Jamaicans overseas are sending home more money to their loved ones, evidenced by the latest Bank of Jamaica (BOJ) Remittances Bulletin. The Bulletin for September 2020 showed a 30 per cent jump in remittances for the last six months reporting period (April-September), as net
The Bank of Jamaica (BOJ) is confident of having Jamaica removed from the international watchlist of countries with weak Anti-Money Laundering (AML) and Counter-Financing of Terrorism (CFT) regime based on the work being carried out by the bank. BOJ Deputy Governor Maureen Simms pointed out that the central bank has
