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Stocks and sterling pounded again, UK downgraded

By |2018-08-17T06:55:16+00:00June 28th, 2016|news|

Published:Tuesday | June 28, 2016 United States stocks indices were sharply lower Monday as investors grappled with the fallout of Britain's vote to leave the European Union. The British pound, which last week plunged to its lowest level since 1985, continued to fall as traders expected the British economy would take a hit. "When you [...]

Sagicor Pitching to Women

By |2018-08-17T06:55:16+00:00June 27th, 2016|news|

Mark Chisholm, executive vice president of Sagicor Life Jamaica. Insurance provider Sagicor Life Jamaica is making a pitch to women through revamped insurance products befitting their lifestyles, partly in acknowledgment of their more dominant role as heads of households. It helps that they are more inclined to pay their bills. Mark Chisholm, executive vice-president in [...]

Government says public bodies not contributing enough to GDP

By |2018-08-17T06:55:16+00:00June 27th, 2016|news|

WILLIAMS... we inherited a mountain of domestic arrears Minister of state in the Ministry of Finance and the Public Service, Fayval Williams, says that the Government believes that the public enterprises should be held accountable for achieving returns on the $1.1 trillion in assets that they collective own. She said that the Government supports mechanisms [...]

The UK’s EU referendum: All you need to know

By |2016-06-27T13:40:17+00:00June 27th, 2016|news|

24 June 2016 From the section EU Referendum This article is designed to be an easy-to-understand guide now that the UK has voted to leave the European Union. What has happened? A referendum - a vote in which everyone (or nearly everyone) of voting age can take part - was held on Thursday 23 June, [...]

Life insurance companies get room to tweak product price — Hosin

By |2018-08-17T06:55:16+00:00June 27th, 2016|news|

Sunday, June 26, 2016 Eric Hosin, new president of the Insurance Association of Jamaica (IAJ) and head of Guardian Life Limited, is positing that continued, enhanced profitability for the life sector could flow from reduced tax charges on insurance providers. The seven companies registered locally reported an average 60 per cent increase in net income [...]

IAJ HEALTH FAIR 2015

By |2018-08-17T06:55:16+00:00June 27th, 2016|Healthy Lifestyle|

The Insurance Association of Jamaica staged a successful health fair at the Holy Cross Church in Halfway Tree on the 3rd of October.  Despite the rainy conditions, many supporters braved the inclement weather in support of the initiative which was broadcast by Mello FM. The ‘Boogie Man’ renowned radio personality ‘Barry G’ led the proceedings [...]

IMF praises Jamaica’s economic programmes, growth

By |2018-08-17T06:55:16+00:00June 23rd, 2016|news|

Thursday, June 23, 2016 THE International Monetary Fund (IMF) says after several decades of low growth and rising public debt, Jamaica has made significant progress in restoring economic stability due mainly to strong policies and programme ownership. The Washington-based financial institution said the Government’s reform programme, supported by a four-year IMF loan approved in 2013, [...]

Hotel projects valued at US$550m set for roll out

By |2016-06-23T13:48:49+00:00June 23rd, 2016|news|

Published:Wednesday | June 22, 2016 | 12:00 AMSteven Jackson More than US$550 million of investments in hotel projects are rolling out this year and the next, according to the annual market filing by the Ministry of Finance released this week. The spend spanning 10 projects does not incorporate the casino resort developments initially projected to [...]

Former High Commissioner to UK urges diaspora to vote to remain in EU

By |2018-08-17T06:55:19+00:00June 23rd, 2016|news|

Published:Thursday | June 23, 2016 | 12:00 AM Ambassador Burchell Whiteman, a former high commissioner of Jamaica to the United Kingdom (UK), has urged Jamaican immigrants in Britain to vote for that country to remain in the European Union (EU). Britons will today decide, in a referendum popularly referred to as Brexit, whether Britain should [...]

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