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China Communications to build regional headquarters in Kingston

By |2018-08-17T06:55:21+00:00March 29th, 2016|news|

Sunday, March 27, 2016 China Communications Construction Company (CCCC) will begin the construction of its regional headquarters in New Kingston later this year, signalling its confidence in Jamaica and its intent to remain in the region and to continue to invest in the country, according to a recent JIS news release. Vice-President of CCCC, Ziyu [...]

Public-sector workers should contribute to their own pension

By |2016-03-29T00:16:14+00:00March 29th, 2016|news|

Published:Monday | March 28, 2016 The issue of the public-sector workers contributing to their own pension has indeed become a moot point. This has taken on increased significance against the background of an International Monetary Fund (IMF) agreement geared towards reducing public-sector debt relative to Jamaica's gross domestic product. This is part of an overall [...]

National Commercial Bank targets UK-based SMEs

By |2018-08-17T06:55:21+00:00March 29th, 2016|news|

Published:Sunday | March 27 National Commercial Bank Jamaica Limited shareholder Orette Staple (forefront) appears to ponder aspects of the bank’s annual report, drawing the attention of other shareholders during the annual general meeting at the Spanish Court Hotel in New Kingston last Thursday. National Commercial Bank Jamaica (NCB) revealed that it recently started targeting small [...]

Is it possible to change from joint tenants to tenants-in-common?

By |2018-08-17T06:55:21+00:00March 29th, 2016|news|

Published:Sunday | March 27, 2016 QUESTION:My cousin and I bought a piece of land as joint tenants. We decided that we would build separate houses and agreed which part each would get from the beginning. I have almost completed my house and she is in the process of building hers. Can I write a will [...]

Tax Enforcement Action intensifies in Kingston & Mandeville

By |2018-08-17T06:55:21+00:00March 25th, 2016|news|

Tax Administration Jamaica (TAJ) continues to intensify its enforcement action against delinquent taxpayers through its Special Enforcement Team (SET), as it conducted operations in both the Kingston and Mandeville areas recently which resulted in the recovery of approximately $2M in outstanding taxes. A joint operation between SET and the Kingston Detection and Courts office forced [...]

GraceKennedy begins soft road show as it targets global listing

By |2016-03-25T01:18:41+00:00March 25th, 2016|news|

Wednesday, March 23, 2016 WEHBY... there is strong potential for some Grace products to crossover from the ethnic category to mainstream WHILE its aim to list on one or several of the exchanges in the world’s largest finance centres has shifted to a medium-term objective, GraceKennedy Ltd indicates that it is working on sensitising the [...]

Key Insurance seeks to raise $119 million by IPO

By |2018-08-17T06:55:21+00:00March 24th, 2016|news|

Thursday, March 24, 2016 Natalia Gobin, deputy managing director at Key Insurance Some days before Junior market incentives are due to expire on April 1, another company is going public with an offer of shares, in a bid to beat the clock. General insurance provider Key Insurance Limited is offering for sale at $2.27 per [...]

Medical doctor charged with fraud gets bail extended

By |2016-03-23T20:27:04+00:00March 23rd, 2016|news|

12:53 pm, Wed March 23, 2016 St Elizabeth based medical practitioner, Dr. Alvin Grant, who is charged with fraud, had his bail extended when he appeared in court on Monday. Dr. Grant, who is accused of defrauding Guardian Life Insurance of more than five million dollars in a medical insurance scam, is to return to [...]

Oil is aiding growth – PIOJ

By |2016-03-23T12:36:59+00:00March 23rd, 2016|news|

Wednesday, March 23, 2016 The PIOJ on Oxford Road in New Kingston The Planning Institute of Jamaica (PIOJ) said Monday that the fall in oil prices year over year is having a positive impact on the economy. This, despite weak growth figures which continue to waver below one per cent of GDP. “…Lower oil prices [...]

Government to table $83-billion carry on budget

By |2018-08-17T06:55:21+00:00March 23rd, 2016|news|

KINGSTON, Jamaica (JIS) — A carry on budget of $83 billion will be tabled in the House of Representatives at its next sitting on Tuesday, March 29. This was disclosed by Minister of Education, Youth and Information, Senator Ruel Reid at today’s post-Cabinet press briefing, held at the Office of the Prime Minister (OPM), in [...]

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