Data released by the Nethersole Place based central bank indicate that the total loan portfolio of the country’s six commercial banks stood at 38 per cent of their total assets or 38 cents in loans for every dollar of assets, asRead More »
An international software company has placed Jamaica among a list of five other countries which it is now looking at as a possible location to establish a top-of-the-line information technology (IT) centre. Representatives of the companRead More »
Don Wehby, minister without portfolio in the Ministry of Finance, is calling on the Caribbean Development Bank (CDB) to help countries in the region manage their debt burdens.
Speaking at the bank’s 38th annual general meeting iRead More »
Columbia University’s Professor Jagdish Bhagwati, who is widely reputed to be the archdeacon of globalisation, described the concept as the social, economic, political, technological and cultural integration of the world. Simply,Read More »
Environmental non-government organisations (NGOs) and interests are calling on the government to demonstrate the political will to actually implement solid policies related to environmental protection and management and ensure that theyRead More »
The island’s six commercial banks whose loan to assets ratio is a mere 38 per cent, could be in for some stiff competition if the Keith Duncan, Donna Duncan Scott and Dr. Noel Lyon-led Jamaica Money Market Brokers Group Limited (JMMB)Read More »
Finance and the Public Service Minister, Audley Shaw, is calling upon the members of corporate Jamaica to pay up their outstanding taxes.
Speaking at the Private Sector Organisation of Jamaica (PSOJ)/Citibank annual economicRead More »
National Commercial Bank has launched an initiative, the first of its kind to recognize and celebrate Small and Medium Size Enterprises (SME) in Jamaica.
Dubbed the “NCB Nation Builders Awards”, it will be unlike most otRead More »
The Inter-American Development Bank (IDB) will be providing a US$1.6 million facility to the Government of Jamaica (GoJ), to help improve the efficiency levels of the public sector, which currently employs some 90,000 people at a projectRead More »
The World Bank and the International Monetary Fund (IMF) have promised to help low-income and developing countries deal with the social and economic crises caused by galloping food and energy prices. This is because both institutions recRead More »