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Offshore financial centres could become casualties of global meltdown

Jamaica’s plan to develop and market Kingston as an offshore financial centre may have a serious challenge in getting off the ground because of the impact of the current global meltdown, as well as America’s yawning budget and curren

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Forex market underpinnings sound – Keith Senior

Fears undermining stability in Jamaica ’s foreign currency market in October and November are misplaced, says JN Fund Managers head Keith Senior.

Between September and October the local currency lost approximately 5 per cent of i

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Thumbs up for stimulus package

 Most of the country’s private sector leaders gave the thumbs up to the Prime Minister’s stimulus package, but warned the technocrats against trying to frustrate the measures which become effective on January 1, 2009.

Oma

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Thumbs up for stimulus package

 Most of the country’s private sector leaders gave the thumbs up to the Prime Minister’s stimulus package, but warned the technocrats against trying to frustrate the measures which become effective on January 1, 2009.

Oma

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EXIM bank struggling with credit squeeze

The National Export-Import Bank (Exim) has been struggling to cope with the sudden reduction in credit cycles from 180 days to 40 days in some instances, as its overseas correspondent banks come under pressure.

Speaking in an inte

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EXIM bank struggling with credit squeeze

The National Export-Import Bank (Exim) has been struggling to cope with the sudden reduction in credit cycles from 180 days to 40 days in some instances, as its overseas correspondent banks come under pressure.

Speaking in an inte

Read More »

Agricultural sector wants $500m refinancing facility

 The agricultural sector wants at least $500 million to help farmers refinance its operations and maintain employment, as the credit squeeze tightens.

Speaking in an interview last week, Senator, Norman Grant, president of the

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Agricultural sector wants $500m refinancing facility

 The agricultural sector wants at least $500 million to help farmers refinance its operations and maintain employment, as the credit squeeze tightens.

Speaking in an interview last week, Senator, Norman Grant, president of the

Read More »

Forex market underpinnings sound – Keith Senior

Fears undermining stability in Jamaica ’s foreign currency market in October and November are misplaced, says JN Fund Managers head Keith Senior.

Between September and October the local currency lost approximately 5 per cent of i

Read More »

Credit card as capital for your small business

 The largest market for business credit cards is said to be small businesspersons. This makes sense, as the small business sector is the driving engine of the Jamaican economy and creates a great majority of new jobs in the country.

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