After years of pleading with commercial banks to lower their interest rates on loans to small, micro and medium-sized enterprises (SMEs), Finance Minister Audley Shaw last Wednesday declared that he had started the ball rolling to get those financial institutions to fall in line. After signing a US$20-million (J$2.56 billion)
Audley Shaw, Minister of Finance and the Public Service, and Julie Katzman, executive vice-president of the Inter-American Development Bank (IDB), seem quite pleased as they exchange documents following Wednesday’s signing of a US$20-million (J$2.56 billion) credit enhancement programme for the micro, small and medium enterprises between the Government of Jamaica
Julie Katzman, executive vice-president of the Inter American Development Bank, says Jamaica has done an outstanding job of taking action to "right the economic ship" which she said was a precondition for any kind of strong economic growth. Katzman argued that it is difficult for any economy to grow when
JN General Insurance Company Limited has snagged the National Housing Trust account, covering the peril insurance component of the mortgage loans issued by the agency. NHT mortgagors are required to pay for life and peril insurance, but those expenses are bundled into their mortgage payments. NHT pays the premiums directly
A home flattened by Hurricane Irma lies in a pile in Nagua, Dominican Republic. ANGUILLA One death was reported in the British territory of Anguilla, which also suffered extensive damage to the airport, hospitals, and shelters. Ninety per cent of the roads are impassible, according to the
Co-chairman of EPOC Keith Duncan. – File The Economic Programme Oversight Committee (EPOC) is encouraging the government to keep capital expenditure in line with the budget for the remainder of fiscal year 2017/2018, given its importance as a main driver of economic growth. Expenditure for the first four months of
A man surveys the wreckage on his property after the passing of Hurricane Irma in St John's, Antigua and Barbuda, yesterday. 1 2 3 4 5 6 7 Even as it watches closely, Jamaica is assessing the level of assistance it can offer to islands across the Caribbean region
People recover broken parts of the dock after the passing of Hurricane Irma, in St John's, Antigua and Barbuda, on Wednesday. - AP SAN JUAN, Puerto Rico (AP): Nearly every building on the island of Barbuda was damaged when the eye of Hurricane Irma passed almost directly overhead early Wednesday
PERKINS… described as a stalwart at the bank and within the Sagicor Group DONOVAN Perkins, president & CEO of Sagicor Bank Jamaica, will be leaving the bank on September 30. President and CEO of the Sagicor Group Christopher Zacca, who made the announcement yesterday, said Perkins has been a stalwart
Sagicor's Brand Experience and Special Projects Manager Alysia Moulton White shares the stage with little Morganne Brown while she serenades her follow campers. SAGICOR Summer Camp had their banquet – Soirée de Paris on August 30 at the Sagicor Life head office auditorium in New Kingston. It is the penultimate
