The Bank of Jamaica (BOJ) has intervened in the foreign exchange market by selling US$50 million to authorized dealers and cambios to offset what it said was the effects of excessive daily volatility in recent weeks. That followed the continued depreciation in the value of the Jamaican dollar against its
There was a 29.7 per cent reduction in murders in Jamaica in the first five weeks of 2019, according to the latest crime figures from the Jamaica Constabulary Force (JCF). The figures show that there were 109 murders between January 1 and February 2. This is compared to 155 for the
JUST over $8 million was paid out last year through Crime Stop, the Private Sector Organisation of Jamaica programme that provides rewards to callers who give information which aids in the State's fight against criminal activity. “During 2018, a total of $8,287,500 was paid out by or through Crime Stop
KINGSTON, Jamaica — The Opposition People's National Party (PNP) is today calling on the Minister of Finance and the Governor of the Bank of Jamaica (BoJ) to immediately address what they say is a “continuing severe shortage of supply of US Dollars which has plagued the local foreign exchange market
Cross-party support as well as the move to create a council to monitor compliance and increase transparency in fiscal matters are among the key drivers that influenced an upgrade in Jamaica's economic performance announced by international ratings agency Fitch yesterday. In what is the island's highest rating in over 1o
In his opening remarks for the 2019 Jamaica Stock Exchange (JSE) Conference, Jamaica “bond king” Gregory Fisher noted that this will be his 14th year as lead sponsor of the Jamaica Stock Exchange conference, a particular honour as it coincided with the JSE's 50th anniversary celebration. Fisher, formerly of Bear
The Financial Services Commission’s (FSC) series of town hall meetings reached Port Maria, St Mary, on Tuesday evening, attracting a larger- than- expected turnout, with residents packing the civic centre for the meeting. “This is the largest turnout I’ve ever seen at any of our town hall meetings, the people
Thinking about buying property? If you have seen some of the unfortunate headlines, tweets and viral videos in recent times about people who have allegedly been defrauded in property transactions, you would agree that great care must be exercised when purchasing property. As the courts and relevant authorities deal with
KINGSTON Freeport Terminal Limited (KFTL) yesterday said it has recorded its “best performance ever”, handling 3,304 moves within 24 hours of operation on the Post-Panamax vessel Cosco Beijing , which arrived at the port on January 24. “This included 1,464 containers being unloaded and another 1,840 containers loaded back onto
The Ministry of Transport and Mining yesterday received five portable breathalysers to boost the campaigns and outreach programmes of its Road Safety Unit. Speaking at the handover ceremony at the ministry’s Maxfield Avenue offices in St Andrew, Transport Minister Robert Montague lamented that while the Road Safety Unit has been
