FSC busy canceling and terminating licences


The Financial Services Commission (FSC) cancelled and terminated the licences of some 280 entities involved in the insurance, securities and private pensions business, while approving 560 new registrants to the market for the 2006/2007

Budget must be adjusted


 Finance and the Public Service Minister, Audley Shaw, and his team, which includes Senator Don Wehby, will now be forced to slash the budget because of the deepening of the sub-prime mortgage crisis and its deleterious impact on th

Scotiabank awards GSAT scholarships


Contributing to education while inspiring children to strive for excellence, Scotiabank Jamaica Foundation held its annual scholarship awards recently, at the Terra Nova Hotel.

The ninth staging of the event was held under the them

Inflation cantering


The country’s inflation rate is now cantering at 30 per cent point to point — July 2007 to July 2008 — and climbing on the back of galloping food and energy prices.

Data released by the Statistical Institute of Jamaica (Stat