Marlene Street-Forrest, Marlene Street Forrest, former general manager of the Jamaica Stock Exchange (JSE), has become the first managing director following her appointment by the board. In her new role she will remain responsible for the strategic direction of the JSE, but with more executive power. The JSE, she

HENRY... visited the Alpart/JISCO plant last Thursday (Photo: JIS) More than 500 jobs have been added to the workforce at Alpart/JISCO Alumina Refinery in Nain, St Elizabeth, and the number is expected to climb to over 700 by the time the plant reopens on June 20, according to the

Central Gardens now open at Dunn's River Falls. KINGSTON, Jamaica (JIS) — Chairman of the National Cruise Council (NCC), Michael Belnavis, says upgrading of the Dunn’s River Falls attraction in Ocho Rios will further boost Jamaica’s growing cruise sector. Belnavis said that Jamaica was already on course to becoming the

As has been the practice for some decades by successive government administrations, development funding is sought from overseas rather than creating sufficient local economic traction to enable us to build those things that reflect our achievements and aspirations. The country ends up selling off its resources and placing the

s outlined in the National Financial Inclusion Strategy (NFIS), Jamaica has the highest proportion of formally banked adults among middle-income countries in Latin America and the Caribbean (LAC), but relatively low rates of account use compared to their regional counterparts. Savings in the formal sector and pension penetration is

Brian Wynter, governor of the Bank of Jamaica Giving itself a mere three years to achieve its target of almost 100 per cent financial inclusion in Jamaica, the government on Wednesday launched its National Financial Inclusion Strategy (NFIS). Included are the goals to increase education around personal finance management, increase

Shaw: Where persons may have some difficulties in adjusting to the new rates, there are established mechanisms to assess the burden and provide some relief. The Finance Minister Audley Shaw has again sought to defend the adjustments in the property tax structure saying mechanisms are in place for people

SHENYANG, China — Bags of Huishan milk sit on a shelf in a grocery store in Shenyang in northeastern China’s Liaoning province. China Huishan Dairy Holdings Co, a Chinese dairy company, whose stock plunged last week, wiping billions off its market value, denied rumours yesterday of forged invoices and misappropriated funds,

Opposition Spokesman on Finance Dr Peter Phillips says the Government should correct what he calls the deficiencies in its proposed public sector pension legislation. The House of Representatives this afternoon continued debate on the related bills. Among other things, it is being proposed that public sector workers contribute five

Prime Minister Andrew Holness is maintaining that the Government has to act now to implement pension reform in the interest of the Jamaica’s financial growth. Holness, speaking in the parliamentary debate on the new pension bills today, stressed that the current pension system is fiscally unsustainable adding that the cost