Christmas in November 2016

By |2016-09-29T09:33:16+00:00September 29th, 2016|Press Releases|

The annual IAJ Christmas in November all inclusive Extravaganza will take place at the Guardian Life Sports Club on Saturday November 19 commencing at 8:00 p.m.  This highly anticipated function is usually well supported by the entire insurance industry and this year every effort is being made to improve on the already high standard that [...]

Lack of competition in banking sector concerns IMF

By |2016-09-29T09:20:00+00:00September 29th, 2016|news|

The IMF in Washington DC, United States Citing a lack of competition in the Jamaican banking sector, the International Monetary Fund (IMF) is calling for the creation of a body to oversee the implementation of measures to improve credit access. “Given the high market concentration of the banking sector in Jamaica, a thorough assessment should [...]

TAJ’s Positive Collections Trend Continues in August

By |2016-09-29T09:12:59+00:00September 29th, 2016|Press Releases|

September 16, 2016 Tax Administration Jamaica (TAJ) is advising that preliminary figures indicate that for the month of August the net collections target was exceeded, as the Revenue Authority was able to collect $19.6B, 2.3% over the $19.2B target. This performance continues the trend which was set in the first quarter of this financial year [...]

Motorcycle safety workshop leaves Negril bikers revved up

By |2016-09-29T08:54:35+00:00September 29th, 2016|news|

NEGRIL, Westmoreland — Biking stakeholders are applauding the second staging of the Back to Basics (B2B) motorcycle Safety Workshop staged in Westmoreland last week. “Right now, this workshop is the best thing that has ever happened here for us. I’ve never seen riders from around here come together to do anything like this,” said Jevan [...]

Clinton Chisholm | Combating crime: diagnosis and prognosis

By |2018-08-17T06:55:16+00:00September 29th, 2016|news|

"Here in Jamaica, there is just not enough honesty regarding the guns that have been here since the 1970s and 1980s. Furthermore, I am tired of the grand narratives about missing fathers when, in many of the hotspots, the young 'shottas' were well coached by their fathers who passed on their trade to them. Many [...]

Devaluation hurts manufacturing and impoverishes the people — Mahfood

By |2016-09-29T08:43:34+00:00September 29th, 2016|news|

William Mahfood, chairman of Wisynco, poses with his preferred flagship brand — Wata. (Photo: Bryan Cummings) Continual devaluation of the Jamaican dollar against hard currencies such as the US dollar hurts Jamaican exports and impoverishes the people, according to William Mahfood, former president of the Private Sector Organisation of Jamaica (PSOJ) and chairman of Wisynco, [...]

Inflation down to 2.1% for July

By |2018-08-17T06:55:16+00:00September 29th, 2016|news|

On track to match inflation in trading partners — BOJ BY AVIA COLLINDER Business reporter collindera@jamaicaobserver.com Inflation for the September 2016 quarter is projected to accelerate due to stronger domestic demand conditions, but the Bank of Jamaica (BOJ) is expressing confidence that core inflation, towards fiscal year end, will remain moderately low. The bank has [...]

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