In a Bloomberg article by Paula Sambo and Ezra Fieser that appeared on Wednesday afternoon entitled “Jamaica Selling Global Dollar Bonds as It Focuses on Growth”, Sean Newman, a Jamaican money manager at Atlanta-based Invesco, advised that the government was looking to take advantage of low global interest rates, adding,
Wednesday, August 10, 2016 Yesterday morning, the Government of Jamaica announced a tender offer for its 2017 and 2019 Eurobonds, meaning that it would purchase its already existing outstanding bonds for cash. Specifically, the first offer is for the 2017 Eurobond maturing on June 20th, with outstanding principal of US
The first shipment of Natural Gas arrived on Friday, August 5 in Jamaica, marking a significant milestone in the move to diversify Jamaica’s energy sources. Jamaica has received its first shipment of natural gas aboard the Golar Arctic through a partnership agreement between the Jamaica Public Service (JPS) and New
Dublin-based FundSME.ie has opened an office in Kingston, Jamaica, where it has connected with Digicel Business, an arm of international telecoms firm Digicel, to source loans for small businesses. Elon Parkinson, head of public relations for Digicel Jamaica explained on Wednesday that the association was one based on sponsorship of
Sunday, August 07, 2016 SHAW... this is not a new tax haven, but another version of the BPOs Minister of Finance and the Public Service Audley Shaw says that the new international finance servicing bill he tabled in Parliament recently, will facilitate a climate of credibility and efficiency in the
Ian Rowlands who started his insurance career in 1965 with Dyoll Insurance Company and who after serving with several other insurance entities died recently. He retired from VMIC in February 2010 and in that same year he was honored by IAJ. An interview was conducted with him which is contained
Wednesday, July 20, 2016 Chinese company Jiuquan Iron and Steel (Group) Company Ltd (JISCO) and Russian mining company, UC RUSAL yesterday executed the agreement for the transfer of ownership of Alumina Partners of Jamaica (Alpart) which has its bauxite mining and alumina processing plant in Nain, St Elizabeth, to the
Published:Thursday | July 21, 2016 | 12:00 AM Contributed Professor Everard Barton (third right) is all smiles as he receives a cheque in the amount of $1 million to assist the UHWI Renal Foundation in its treatment objectives. Enjoying the moment are (from right) Sabrina Cooper of Sagicor Bank, which
A Jamaica Observer file photo of vehicles involved in a crash. The Opposition People’s National Party is hoping that enforcement of the new Road Traffic Act will help to reduce the number of accidents on the nation’s roads. THERE has been a 10 per cent decrease in the number of
Wednesday, July 13, 2016 | 5:38 PM SSP and Commanding Officer of the Traffic and Highway Division, Calvin Allen (left), in discussion with Director, Island Traffic Authority, Ludlow Powell, during a press conference at the Office of the Police Commissioner in St Andrew. (Photo: JIS) http://www.jamaicaobserver.com/news/Over-200-000-breaches-of-the-Road-Traffic-Act---SSP-Allen KINGSTON, Jamaica (JIS)
