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Growth & Jobs | Mitigating the maladies of medical debt

By |2019-06-25T12:48:31+00:00June 25th, 2019|news|

While many Jamaicans can access free healthcare and prescription drugs at government hospitals and clinics, the long waiting time to get certain surgical procedures done is often a deterrent for some, leaving many to opt to have it done privately. The astronomical costs of these private surgical procedures are a dilemma for many, especially [...]

Sagicor offers pregnant women a chance with new initiative

By |2019-06-24T13:06:31+00:00June 24th, 2019|news|

Sagicor Life Jamaica is set to launch its new framework for accessing maternity benefits, which will allow pregnant women to swipe their health cards for doctors' visits and other related antenatal care services. The company is currently in the process of testing the system changes necessary for implementation on a phased basis, starting next month. Full [...]

BOJ secures deal with Bloomberg for local FX trading on its platform

By |2019-06-24T12:56:39+00:00June 24th, 2019|news|

Senior deputy governor of the Bank of Jamaica, John Robinson. ((Photo: Karl McLarty)) THE Bank of Jamaica (BOJ) has secured a deal with international financial and media services provider, Bloomberg (USA) throuh which local traders can utilise its platform to advertise and trade in both local and United States currencies. The BOJ's Senior Deputy Governor [...]

SEAGA RESTS Thousands bid ‘Papa Eddie’ goodbye

By |2019-06-24T12:53:28+00:00June 24th, 2019|news|

The vigil party guards the flag-draped coffin with the body of former Prime Minister Edward Seaga inside the Cathedral of the Most Holy Trinity before that start of yesterday’s ecumenical service. (Photo: Michael Gordon) Jamaicans from all walks of life filled the streets around the Cathedral of the Most Holy Trinity in Kingston yesterday, watching [...]

UK central bank holds rates amid Brexit, trade uncertainty

By |2019-06-24T12:50:14+00:00June 24th, 2019|news|

The Bank of England kept its main interest rate on hold at 0.75 per cent on Thursday and warned that a combination of Brexit worries and global trade tensions was weighing on growth. All nine members of the Monetary Policy Committee backed the decision to not change rates. There had been some expectations in the [...]

Pandohie elected president of JMEA

By |2019-06-24T12:47:48+00:00June 24th, 2019|news|

Four years into his role as CEO of Seprod Limited and an equal number of years of campaigning to push growth in Jamaica’s agriculture sector, it was a moment of “mixed emotions” for Richard Pandohie, who has been appointed the new president of the Jamaica Manufacturing and Exporters Association (JMEA). “On one hand, I feel [...]

Sagicor Select Fund IPO set for July

By |2019-06-24T12:43:15+00:00June 24th, 2019|news|

Sagicor Investments Jamaica Limited will seek to raise up to $4 billion in an initial public offering of shares in Sagicor Select Funds Limited, a pool of funds that track financial stocks on the Jamaica Stock Exchange. The IPO which opens July 3 and closes July 17 will offer 2.5 billion units to the public [...]

Fed hints at future rate cuts

By |2019-06-24T12:40:29+00:00June 24th, 2019|news|

The United States Federal Reserve left its key interest rate unchanged Wednesday but signalled that it’s prepared to start cutting rates if needed to protect the US economy from trade conflicts and other threats. The Fed kept its benchmark rate – which influences many consumer and business loans – in a range of 2.25 per [...]

Cedric Stephens | Holding distracted pedestrians accountable

By |2019-06-24T12:37:14+00:00June 24th, 2019|news|

QUESTION: Can pedestrians be held liable for causing motor vehicle accidents? I was driving a few days ago in Havendale. There were grass-covered sidewalks on both sides of the roadway. There was a big pothole some distance ahead on the left side of the road. Three pedestrians were walking towards me in the middle of [...]

Oran Hall | How to protect and rebuild your credit

By |2019-06-24T13:01:34+00:00June 24th, 2019|news, Uncategorized|

QUESTION: I lost my job four months ago, and prior to that, I had acquired debt in an attempt to create income-producing assets. Little did I know about managing money! I bit off more than I could chew. Not having a job now, I have only one working asset and a business that’s in [...]

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