Financial analyst Dennis Chung has responded to the central bank's letter to the editor last week in which it explained the rationale for amending the Bank of Jamaica Act (BOJA). Deputy Governor Natalie Haynes, in responding to Chung's column published in the Sunday Observer on October 18, 2020, had explained that the idea for amending [...]
Key Insurance Company shareholders have given the green light to the financially strapped company's planned rights issue to raise much-needed capital. In the last 18 months, Key Insurance finances have gone into the red with some reprieve in the last quarter, where strategic and operational changes implemented by the new management resulted in a significant [...]
While almost all commodity prices have recovered in the third quarter of 2020 following steep declines earlier in the year due to the COVID-19 pandemic, energy prices — despite some recovery — are expected to stabilise below pre-pandemic levels until at least 2022, the World Bank has said. Energy prices suffered the most among [...]
Scotiabank Jamaica yesterday announced that it will be closing its Black River and Old Harbour branches as part of several changes to its branch network which it said will better align its organisational structure with current revenues as well as the shift in customer preferences. The operations of the Black River and Old Harbour branches [...]
Before entering the arena of finance, which eventually culminated with her appointment as CEO of Sagicor Bank Jamaica (SBJ), Chorvelle Johnson Cunningham's career began in a classroom at Kingston Technical High School, where she taught business to upper school students. Nearly two decades later, the formidable author has built up a stellar résumé between Scotia [...]
Key Insurance has touted digitisation and the boosting of operational efficiencies as major parts of its continuous turnaround strategy to improve revenues. At its annual general meeting (AGM) last week, the company disclosed that plans were far advanced for a November roll-out of a digital platform aimed at providing improved service to customers.  “The [...]
Frequently asked questions from General Accident. https://www.genac.com/faq/
Some FAQs from ICWI https://icwi.com/jamaica/faqs/
PIOJ - Quarterly Press Briefing - Script_FINAL
5:42 pm, Thu October 15, 2020 1.                                                                                                                                                                                                                                                                                                                                                                                                                         Poverty rates in the US are rising, as government aid winds down despite ongoing economic distress caused by the pandemic. University researchers have said almost eight million Americans - many of them children and minorities - have fallen into poverty since May. Last week, nearly 900,000 people [...]
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