By |2017-10-31T14:10:09+00:00October 31st, 2017|news|

The Insurance Association of Jamaica and The Jamaica Association of insurance and Financial Advisors Congratulate Earl Moore, O.D.,JP. Earl Moore, OD, JP, receiving The Order of Distinction in the Rank of Officer Class from His Excellency The Governor-General, the Most Honourable Sir Patrick Linton Allen ON, GCMG, CD, KStJ,   effective August 6, 2017, in recognition [...]

Central Bank policy update and the impact on your investments

By |2018-08-17T06:54:44+00:00October 31st, 2017|news|

In this article, we take a look at the recent policy shifts by the European Central Bank, the Federal Reserve and the Bank of Jamaica as well as the implications for your investment decisions. Recent improvements in developed economies suggest that investors should watch their emerging market investments carefully. Rising interest rates in the [...]

CariCRIS gives NCBFG top nod

By |2018-08-17T06:54:44+00:00October 31st, 2017|news|

The Caribbean Information and Credit Rating Services Limited (CariCRIS) has assigned NCB Financial Group Ltd (NCBFG) an initial rating of 'jmAAA' with a stable outlook. The Caribbean-based rating agency gives an objective assessment of an entity's creditworthiness relative to that of other debt-issuing entities. It provides ratings at both the regional and national levels. On [...]

Innovate, Improve, Excel

By |2017-10-31T13:33:50+00:00October 31st, 2017|news|

Managing Director of the Jamaica Social Investment Fund (JSIF), Omar Sweeney (right) presents Claudette Garrick with a trophy for being the Top Performing Female, at the graduation ceremony for participants in the Alternative Livelihood Skills Development programme held at the Chinese Benevolent Association of Jamaica on Old Hope Road on October 26, 2017. (Photo: JIS) [...]

Association proposed for Airbnb operators

By |2018-08-17T06:54:44+00:00October 28th, 2017|news|

FINAL year law student at the University of Technology Jamaica, Kurt Patterson plans on establishing an association to represent local air bed and breakfast (Airbnb) operators by January. Patterson is one of the growing number of Jamaicans using the international online marketplace and hospitality service, Airbnb, to earn foreign exchange. Today, Airbnb lists hundreds [...]

Number of billionaires worldwide jumps 10% — study

By |2018-08-17T06:54:44+00:00October 28th, 2017|news|

GENEVA, Switzerland (AFP) — The number of billionaires worldwide rose above 1,500 last year, a 10 per cent jump from 2015, due largely to a surge in Asia, Swiss banking giant UBS and auditors PwC said yesterday. In an annual report, UBS and PwC said that last year marked the first time it recorded [...]

Ticket amnesty ends Tuesday

By |2017-10-27T13:43:10+00:00October 27th, 2017|news|

WITH the Traffic Ticket Amnesty set to end on Tuesday, motorists are being advised to make use of the time that is left to complete the process. The three-month amnesty, which was instituted on August 2, affects tickets issued between September 1, 2010 and July 31, 2017. “Motorists need to understand that their record will [...]

BOJ buying less foreign exchange from cambios and authorised dealers

By |2018-08-17T06:54:44+00:00October 27th, 2017|news|

The Bank of Jamaica has announced that effective Wednesday it has reduced the amount that authorised dealers and cambios are required to sell to the central bank from their daily purchases of foreign exchange.   According to the BOJ, for both authorised dealers (ADs) and cambios, the amount required to be sold to the [...]

Insurance firm Munich Re to suffer loss due to recent hurricanes

By |2018-08-17T06:54:44+00:00October 27th, 2017|news|

From RJR Website One of the world's biggest insurance firms has said it will take a loss in the third quarter because of hurricanes Harvey, Irma and Maria.   Munich Re expects the hurricanes that ravaged parts of the US and the Caribbean to cost it US$3.6 billion owing to major loss expenditure.   The [...]

Heineken chairman optimistic about Jamaica

By |2018-08-17T06:54:44+00:00October 27th, 2017|news|

Prime Minister Andrew Holness (second right) with Hans Wijers (second left), chairman of the supervisory board of Heineken N V; Ricardo Nuncio (left), managing director, Red Stripe; and Eugene Ubalijoro, managing director of Heineken's Caribbean and Americas Export region at the Office of the Prime Minister on Tuesday, October 17. The group discussed Red Stripe's [...]

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