“Guyana is a real opportunity,” according to Keith Duncan, co-chair of the Economic Programme Oversight Committee (EPOC). With the discovery of oil, the International Monetary Fund (IMF) expects Guyana to grow by some 86 per cent this year. “Jamaican businesses need to figure out how we can expand our reach
The Insurance Company of the West Indies (ICWI), in continuing to strengthen its position as a true regional player, has recently opened its ninth operation in Dominica. The entity, which was officially launched last month at The Old Mill Cultural Centre in the capital Roseau, will add to the productivity
Online shopping in the Caribbean is being made easier through a strategic partnership between WiPay, a technology solutions company and e-commerce outfit,and CaribShopper. The partnership brings together e-commerce and a digital payment platform to transact commerce internationally, at the click of button. While details of the partnership are not known,
NASSAU, Bahamas, (CMC) —The International Monetary Fund (IMF) says it is prepared to provide The Bahamas with US$200 million at “low cost and without policy conditionality” as it expressed confidence that the country would be able to rebuild a “stronger and more resilient economy”. This after the destruction caused by
Property owners should prepare for an increase in insurance rates of 10 to 15 percent this year, states Insurance Association of Jamaica (IAJ) executive director, Orville Johnson. Mr. Johnson says that this pending rise in property insurance premiums is due to increasingly destructive Atlantic hurricane seasons in recent years. He
Property owners are being told to brace for an increase in insurance rates of 10 to 15 per cent this year. Orville Johnson, Executive Director of the Insurance Association of Jamaica, has said this is due to increasingly destructive Atlantic hurricane seasons in recent years. Johnson said factors such as
Dennis Cohen, Chief Financial Officer of the NCB Financial Group Dennis Cohen, Chief Financial Officer of the NCB Financial Group, has said the entity is now ranked as the largest financial conglomerate in the Caribbean. "Our group reported net profits of $30.7 billion, with $29.6 billion attributable to our shareholders,
In his address to the 15th Regional Jamaica Stock Exchange Investments and Capital Market Conference on January 23rd, 2020, Finance Minister Dr Nigel Clarke noted that this was only the second time that Jamaica had successfully completed an Imternatinional Monetary Fund (IMF) programme in 57 years. He rightly argued that
National Commercial Bank (NCB) Group is reporting that its acquisition of majority shares in regional insurance giant, Guardian Life Holdings (GHL), is already reaping benefits with operating profits climbing by 105 per cent for the just ended quarter to $9.9 billion. This represents the highest quarterly performance to date. Operating
NEW YORK, United States — Traders work on the floor of the New York Stock Exchange (NYSE) on January 29, 2020 in New York City. Markets moved little as the Federal Reserve left its benchmark interest rate unchanged on Wednesday. (Photo: AFP) 2019 dispelled three huge misconceptions about investing: •
