BOJ cuts repo rates - again
THE BANK of Jamaica (BoJ) has lowered interest rates on its longer term reverse repurchase instruments for the second time in two weeks, again citing continued stability in the foreign exchange market as well as an increase in tourism receipts.
No GCT on life insurance premiums
THERE WILL be no General Consumption Tax (GCT) imposed on the premiums of life insurance, a reverse of the proposal that was put forward in the budget debates earlier this year, by Dr. Omar Davies, Minister of Finance.
Lottery Company share offer halted
THE JAMAICA Lottery Company (JLC) has postponed its decision to make a public offer and list its shares on the Jamaica Stock Exchange (JSE) this month because of what it says is uncertainty in the local financial market.
Financial sector balks at call for IAS 39 compliance
THE FINANCIAL services industry said Jamaica does not have a credible mechanism to value financial instruments and therefore it would be premature to apply International Accounting Standards (IAS)...
First Global opens Montego Bay branch
FIRST GLOBAL Bank, a wholly-owned subsidiary of Grace, Kennedy & Company, which began operations in January 2001 with one branch in New Kingston, has begun to expand with the opening of a second branch on Montego Bay's Gloucester Avenue .
Seeking shelter from dangerous men and nature
Question: I am an ex-Cuban citizen. I arrived here two months ago. Can you tell me about the different types of insurance that are necessary for me as a private citizen living in Jamaica? I would also like to know about the different kinds of taxes.
Agriculture - drop the boards
IT IS generally accepted that for economic growth and development to take place in Jamaica, the tourism sector and the agricultural sector will have to play dominant roles.
Opportunities in distribution and trade
WITH AN abundance of talent and natural assets what we now need to do is mould this into a vision to guide our sustainable economic and social development and prosperity.
The catch with free software
AFTER THE recent Linux forum at the PCJ Auditorium, folks came up and asked me, 'What's the catch?'...
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