Time value of money is the foundation of finance

By |2018-12-30T10:02:46+00:00December 30th, 2018|news|

The local currency deposits into the financial institutions are approximately $933 billion. Out of that amount, the leading commercial banks, National Commercial Bank and Scotiabank Jamaica Limited, account for over $500 billion. The typical Jamaican worker lodges his/her money into a regular savings account, paying between 0.6 per cent to 1.70 per cent depending on [...]

Dominica leads economic growth for the CARIBBEAN

By |2018-12-30T09:55:54+00:00December 30th, 2018|news|

SANTIAGO, Chile (CMC) — The Economic Commission for Latin America and the Caribbean (ECLAC) is predicting that Caribbean economies will grow 2.1 per cent in 2019 even as it acknowledged an international scenario marked by what it describes as “greater uncertainty”. ECLAC also projected that the region will end 2018 with average growth of 1.2 [...]

Jamaicans warned about giving out financial information during Christmas Season

By |2018-12-30T09:47:40+00:00December 30th, 2018|news|

KINGSTON, Jamaica (CMC) — The Head of the Cyber Incidence Response Team (CIRT) Dr Moniphia Hewling, is urging Jamaicans to be extra careful in protecting their personal and financial information during this festive season. She said that, generally, during this time of the year there is an increase in cybercrime globally, as persons do more [...]


By |2018-12-27T12:32:42+00:00December 27th, 2018|Consumer Information|

IAJ was a booth holder at the JDIC Public  Forum and Finance Fair held on November 17, 2018 at Devon House East Lawn.  The event was well attended and several institutions also had booths with interesting and  informative materials at the  occasion.  The IAJ Booth was well attended with numerous persons asking questions about the [...]

Road safety tips from the police

By |2018-12-26T16:05:53+00:00December 26th, 2018|news|

KINGSTON, Jamaica - As the Yuletide season reaches its peak, the police are urging members of the public to be mindful of road safety practices. Chief among these is to always have a designated driver, as the tendency during the merriment of the season is to consume alcohol. Besides being illegal in most instances, the [...]


By |2018-12-26T08:57:36+00:00December 26th, 2018|Corporate Social Responsibility|

The Insurance Association of Jamaica (IAJ) held its usual Annual Christmas Treat for children of the Chin Loy Basic School in Western Kingston.  Orville Johnson, OJ, Executive Director of IAJ interacts with some students of the school while Principal of the school  Veronica Sewell-Morgan looks on.

Make it a social Xmas

By |2018-12-26T08:40:26+00:00December 26th, 2018|news|

At the recent close-out Ceremony of the Social Enterprise Boost Initiative (SEBI) held at the Terra Nova Hotel in Kingston, Chairman of the JN Foundation Parris Lyew-Ayee encouraged Jamaicans to support the social enterprise sector during the Christmas season by purchasing authentic Jamaican made gifts. “I encourage everyone to support our social enterprises by 'buying [...]

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