JAMPRO to meet performance criteria

JAMAICA'S INVESTMENT and export promotions agency, JAMPRO, will not become an executive agency in name, but will operate along the same guidelines as those government agencies which have been so designated. That is because Jampro is considered as the...

Will claims settlements ever enter the E-Age?

Question: When the new Act comes into operation insurance companies will have 60 days in which to settle claims. This seems like a very long time. My experience is that insurers are not in the habit of paying claims promptly. Is my information correct?...

Interest on Government notes due
IT HAS been brought to the attention of the Ministry of Finance and Planning that local investors have not been credited with interest on the Government of Jamaica's US$225 million, 12.75 per cent Notes due 2007. Interest was due on March 1, 2001.

Grace Kennedy acquires TDB

GRACE, KENNEDY & Company Ltd., was yesterday given approval by the Minister of Finance, Dr. Omar Davies to acquire the 51 per cent shareholding in Trafalgar Commercial Bank (TDB) hitherto held by TDB. This announcement was by Grace, Kennedy's...