Clarke points to improvements in Jamaica’s economy

2019-02-15T19:21:36+00:00

In a well-received address to the annual Jamaica Securities Dealers Association Breakfast Forum on February 13, 2019, Minister of Finance and the Public Service Dr Nigel Clarke started by noting that “it was the first time this century” that Jamaica had a debt to GDP ratio below 100 per cent,

Clarke points to improvements in Jamaica’s economy2019-02-15T19:21:36+00:00

Record number registered for Sagicor Sigma Corporate Run

2019-02-15T19:16:16+00:00

Sagicor reported yesterday that a record number of participants have registered for this year's Sigma Corporate Run, scheduled for this Sunday in New Kingston. The 21st staging of the run, which has a target of raising $52 million for three beneficiaries, has surpassed its 2019 target of 25,000 participants, as

Record number registered for Sagicor Sigma Corporate Run2019-02-15T19:16:16+00:00

IronRock misses targets but optimistic after turnaround in 2018

2019-02-15T19:12:21+00:00

For the financial year ending December 2018, IronRock Insurance – the newest entrant in a market of nine operating companies – generated a profit of $811,000. By itself that number would be unimpressive. But within its proper context – it marks a turnaround of a large loss of nearly $48

IronRock misses targets but optimistic after turnaround in 20182019-02-15T19:12:21+00:00

Big boost for crime fight – Billions more to beef up police, army; $1b for cop cars, $3.7b for aircraft

2019-02-15T19:09:16+00:00

The Jamaican Government will be ramping up its fight against crime, rolling out new legislation geared at giving the security forces greater powers and allocating $9.2 billion more to the Ministry of National Security than fiscal year 2018-19. The Government is projecting to spend approximately $803.2 billion in fiscal year

Big boost for crime fight – Billions more to beef up police, army; $1b for cop cars, $3.7b for aircraft2019-02-15T19:09:16+00:00

Gov’t sets sights on growth, squatting, reforming JCF

2019-02-15T19:05:07+00:00

The Andrew Holness administration has signalled that the enactment of new legislation to fight crime, increasing the capacity of the Jamaican economy to produce goods and services, and seeking to understand the extent of the squatter problem are among the issues that will get priority attention in the new fiscal

Gov’t sets sights on growth, squatting, reforming JCF2019-02-15T19:05:07+00:00

Gov’t tables $803.2 billion Budget, 34 cents out of every dollar to pay debt

2019-02-15T19:00:58+00:00

The government is projecting that it will spend $803.2 billion to finance the affairs of the country for the new fiscal year. This includes $731.12 billion for recurrent or house-keeping expenses and $72.11 billion for capital expenses. Capital expenses are for new projects like the construction of roads, schools and

Gov’t tables $803.2 billion Budget, 34 cents out of every dollar to pay debt2019-02-15T19:00:58+00:00

IMF official outlines positives of debt reduction

2019-02-14T17:25:28+00:00

INTERNATIONAL Monetary Fund (IMF) representative to Jamaica, Dr Constant Lonkeng Ngouana, says that as Jamaica's debt is reduced, more money will become available to invest for the development of the country. Speaking at a meeting of the Rotary Club of Kingston East and Port Royal at Eden Gardens Wellness and

IMF official outlines positives of debt reduction2019-02-14T17:25:28+00:00

Ganja farmers could face insurance hurdles

2019-02-13T17:38:52+00:00

Local farmers seeking to operate large ganja farms as the country’s push towards developing a medical marijuana industry picks up momentum could find run into a brick wall try to insure their enterprises, according to Peter Levy, president of the Insurance Association of Jamaica. Levy said that as a matter

Ganja farmers could face insurance hurdles2019-02-13T17:38:52+00:00

BCIC gives free tracking devices to 100 customers

2019-02-13T17:34:54+00:00

From left: Peter Levy, BCIC managing director, Davee Williamson, BCIC marketing associate; and Robert Montague, minister of transport and mining, at the BCIC conference In a conference for key stakeholders in the transport sector held at the Jamaica Conference centre on last week, British Caribbean Insurance Company (BCIC) offered 100

BCIC gives free tracking devices to 100 customers2019-02-13T17:34:54+00:00

Pension regulations offer more scope for private equity, foreign investments

2019-02-13T17:31:13+00:00

Newly tabled pension regulations give fund managers more room to invest in a wider range of foreign assets, but leave unresolved the limits on foreign investments set separately by the Financial Services Commission, FSC, and the Bank of Jamaica, BOJ. FSC guidelines allow for 20 per cent, or four times

Pension regulations offer more scope for private equity, foreign investments2019-02-13T17:31:13+00:00
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