Are you a PEP?

By |2015-04-28T14:40:06+00:00April 28th, 2015|news|

Tuesday, April 28, 2015 At times I wonder how many of us citizens are aware of a concept which categorises certain people as Politically Exposed Persons (PEPs). PEPs are not necessarily public officials, but many public officials are PEPs. The term PEP has come to even have a legal connotation and, certainly in the case [...]

30 per cent of Jamaicans have no bank account

By |2018-08-17T06:55:36+00:00April 26th, 2015|news|

Friday, April 24, 2015 MONTEGO BAY, St James — With more than 30 per cent of Jamaicans said to be "unbanked", chairman of the Financial Services Commission (FSC), Colin Bullock, is calling for greater financial inclusion for all citizens as a key ingredient in fostering growth and national development. Financial inclusion refers to access to [...]

Debt relief for Jamaica will not happen overnight

By |2015-04-26T15:29:12+00:00April 26th, 2015|news|

CHRISTOPHER BURNS  Sunday, April 26, 2015 Jamaica's appetite for debt has been years in the making. The accumulation of debt followed a period in the late 1970s when global oil prices, triggered largely by geopolitical events, forced the country to seek and rely on multilateral funding. However, acceleration of the country's debt stock started in [...]

Jamaican tax levels higher than developing peers’ — study

By |2015-04-26T15:24:31+00:00April 26th, 2015|news|

BY STEVEN JACKSON Business reporter jacksons@jamaicaobserver.com.  Sunday, April 26, 2015 JAMAICA'S taxation levels are higher than most of its developing nation peers, according to a new study by UHY, an international accountancy network   It comes on the heels of another multi-billion dollar tax package set to balance the books of the Government.  The island, however, [...]

Car owner seeks refund from Victoria Mutual Insurance Company

By |2015-04-26T15:18:52+00:00April 26th, 2015|news|

With Claudienne Edwards  Sunday, April 26, 2015 Dear Claudienne On May 5, 2008, I renewed my motor vehicle insurance with Victoria Mutual Insurance Company (VMIC) for one year. The renewal fee of $49,787.77 was paid to VMIC through Zenith Insurance Brokers Limited. From May to September I was receiving only cover notes despite my protests, [...]

GK set to earn half its revenues overseas

By |2015-04-26T15:14:01+00:00April 26th, 2015|news|

BY STEVEN JACKSON Business reporter jacksons@jamaicaobserver.com  Wednesday, April 22, 2015 THE international expansion of the GraceKennedy (GK) group puts it on an imminent path to earn half of its revenues outside the island with one-third of its staff based overseas. GK now earns 43 per cent of total revenue outside Jamaica compared to 36 per [...]

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Sagicor increases sponsorship of Primary Championships

By |2018-08-17T06:55:36+00:00April 26th, 2015|news|

Thursday, April 23, 2015 Doran Dixon (left), president of JTA, accepts the symbolic cheque from Latoya Mayhew-Kerr (centre), vice-president, Employee Benefits Administrator at Sagicor Group Jamaica, and Renee Graham, brand manager, Sagicor Life, at the launch of the JTA/Sagicor National Primary Schools Athletics Championships at the JTA’s headquarters on Church Street yesterday. (PHOTO: GARFIELD ROBINSON) [...]

Pensions at risk for 80 million people in Latin America, Caribbean

By |2015-04-26T15:03:22+00:00April 26th, 2015|news|

Monday, April 20, 2015 | 6:33 PM WASHINGTON, United States (CMC) – Financial experts and policy makers have warned Caribbean countries that in the absence of reforms, members of the growing middle class may be vulnerable to poverty in their old age. The experts were discussing Monday the future of pensions in Latin America and the [...]

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By |2018-08-17T06:55:37+00:00April 26th, 2015|news|

Published:Friday | April 17, 2015Christopher Serju The Port Authority of Jamaica unveiled four Super Post-Panamax ship-to-shore gantry cranes at Kingston Container Terminal in 2005. A TOP executive of the consortium which signed a 30-year concession deal for the development, expansion and operation of the Kingston Container Terminal has cited the port's strategic location as a [...]

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