World Bank says remittances grew significantly in the Caribbean in 2017

By |2018-04-26T07:06:37+00:00April 26th, 2018|news|

WASHINGTON, Apr 24, CMC – The World Bank says remittance flows into Latin America and the Caribbean grew 8.7 per cent in 2017, reaching another record high of nearly US$80 billion. The Washington-based financial institution said the main factors for the increase were stronger growth in the United States and tighter enforcement of US immigration rules, [...]

Growth & Jobs | Professionals urged to plan prudently for retirement

By |2018-08-17T06:54:24+00:00April 25th, 2018|news|

Get advice from licensed and credible financial advisers to assist with making the right investment decisions. Sharon Smith, senior manager at JN Bank with responsibility for the JN Individual Retirement Scheme (JNRS), is urging professionals to prudently manage their money to ensure they are prepared for retirement. "Proper money management practices are an essential part [...]

Mayberry’s Peart says infrastructure in place for more growth

By |2018-04-25T11:01:47+00:00April 25th, 2018|news|

Chief Executive Officer (CEO) of Mayberry Investments Ltd (MIL) Gary Peart says that with the infrastructural support provided by the Jamaica Stock Exchange (JSE), and investment companies like Mayberry, hundreds more local businesses should be lining up to be listed on the local stock exchange. “The Jamaica Stock Exchange is changing people's lives. It is [...]

IVIS to detect vehicle insurance status in real-time

By |2018-08-17T06:54:24+00:00April 25th, 2018|news|

It will soon be easier for the authorities to detect motor vehicles being driven in Jamaica without insurance coverage. The Insurance Association of Jamaica (IAJ) has announced that an Insured Vehicle Information System (IVIS) will be operational by the second quarter of this year.   It is a database of all the insured vehicles in [...]

Service station disaster

By |2018-04-21T21:47:33+00:00April 21st, 2018|news|

This motorist, who gave his name only as Randal, looks at the damage to his car, one of three crushed by a billboard at the Texaco service station at the intersection of Half-Way-Tree and Oxford roads in Kingston yesterday. (Photos: Naphtali Junior) Three people escaped injury yesterday when a massive advertising billboard fell on three [...]


By |2018-08-17T06:54:25+00:00April 21st, 2018|news|

KINGSTON, JAMAICA (April 19, 2018) —During Wednesday’s AGM of the Insurance Association of Jamaica (IAJ), members elected BCIC’s GM Peter Levy to take over the position of President, effective immediately. Levy replaces outgoing President, Eric Hosin, President of Guardian Life who served for two years. Under the IAJ’s Constitution the Presidency is rotated every two [...]

IDB’s Retirement Savings Laboratory a good initiative

By |2018-04-21T14:12:40+00:00April 21st, 2018|news|

The Retirement Savings Laboratory launched by the Inter-American Development Bank (IDB) is a worthy initiative that should be embraced by all governments in the jurisdictions to which it applies. According to the IDB, this project is designed to increase the number of people saving for retirement in Latin America and the Caribbean. The bank estimates [...]

Appleton’s Joy blend wins ‘Rum of the Year 2017’

By |2018-04-21T14:09:04+00:00April 21st, 2018|news|

With rums being produced from a vast range of source regions from Trinidad to Cuba, having a special blend developed right here in Jamaica is indeed an international honour. And with global rum prices ranging from US$70 to an eye-watering US$2,400 per bottle, the distinction of winning a global taste test can have serious and [...]

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