Tight monetary policy to continue, says BoJ boss
THE BANK of Jamaica (BoJ) will be continuing its stance of a tight monetary policy and only gradually adjust interest rates when stability in the domestic financial markets has been restored, according to Governor, Derick Latibeaudiere.
US$ indexed bond surpasses expectation
DESPITE THE prevailing tight liquidity in the local financial market, the new US-dollar indexed bond issue has earned the Government US$42.46 million, results that central bank governor Derick Latibeaudiere described as "extra-ordinarily good".
Mixed fortunes for Dyoll Group
DYOLL GROUP, with substantial interests in general insurance posted mixed results in its unaudited accounts for the period ended March 31,2003.
Immigrant population increases ...deportees top list
THE NUMBER of immigrants to Jamaica has been growing over the past three years, but the figure remains significantly lower than locals seeking permanent residence abroad...
Doreen Frankson is new JMA President
THE BOARD of the Jamaica Manufacturers Association (JMA) yesterday elected Doreen Frankson as President of the organisation. She replaces Clarence Clarke, who resigned last week.
Has the private sector impaired its credibility?
THE INITIAL proposal by the Ministry of Finance of a four per cent cess on imports recoverable through income tax payable as a means of raising $3.5 billion from those "who disappear off the income tax radar screen" was a touch of genius.
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