"Rising interest rates and a stronger dollar could push companies into insolvency and banks and governments could become infected," the head of the International Monetary Fund, Christine Lagarde warned. FRANKFURT --Global economic growth will be "disappointing and patchy" in 2016, the head of the International Monetary Fund, Christine Lagarde, wrote
Wednesday, December 30, 2015 The International Monetary Fund (IMF) headquarters in Washington. (Photo: AFP) Developing countries, including those in the Caribbean, will face an uncertain global economic situation in 2016, based on the weakening of the global economy during this year. A new study by the International Monetary Fund
Wednesday, December 30, 2015 JOHNSON... the Government should step up its divestment of assets While hailing “the strong leadership of the economic reform programme by Minister of Finance” Peter Phillips, executive director of the Insurance Association of Jamaica Orville Johnson is adamant that Government needs to do more to achieve
Tuesday, December 29, 2015 KINGSTON, Jamaica – The Transport Operators Development Sustainable Services (TODSS) and the Jamaica Association of Transport Owners and Operators (JATOO) are calling on Justice Minister Mark Golding to consider granting a national amnesty for people with outstanding traffic tickets. In a press release Tuesday, the transport
Sunday, December 27, 2015 In an article entitled ‘It’s Jammin: Jamaica’s tiny stock market conquers the world in 2015’, Bloomberg reported that the JSE surged more than 80 per cent in 2015 as a result of foreign acquisitions, stronger investor safeguards and a rebounding economy. It added that 29 of
Wednesday, December 16, 2015 A view of the Melia Braco Village property in Trelawny SENIOR director of investments of the National Insurance Fund (NIF) Audrey Deer-Williams indicated this week that the NIF which lost some $6 billion in the national debt exchange (NDX) of 2013 is firmly back in growth
Wednesday, December 16, 2015 Minister of Finance and Planning Dr Peter Phillips Minister of Finance and Planning Dr Peter Phillips, has tabled in Parliament the Pensions (Public Service) Act which seeks to give effect to the proposals for reforming the public sector pension scheme.According to the Bill’s Memorandum of Objects
Contractor General Dirk Harrison THE joint select committee (JSC) of Parliament, which has reviewed the Integrity Commission Bill, has rejected a proposal from the Office of the Contractor General (OCG) to bar “politically exposed persons” (PEPs) from becoming members of the commission. The committee, in its report to Parliament tabled
Thursday, December 17, 2015 | KINGSTON, Jamaica (JIS) – Insurance companies Guardian Life and Allied Insurance Brokers have been selected as the providers of group health, life and personal accident insurance for more than 1,000 of the nation’s athletes who represent the country in various sporting disciplines. This follows Cabinet’s
Published:Thursday | December 17, 2015 Cabinet has approved the Government's athletes insurance plan to provide group health, as well as life and personal accident insurance, for more than 1,000 athletes across all sports. Information Minister Sandrea Falconer made the announcement during yesterday's Jamaica House press briefing. "Cabinet has approved the
