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
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
A Joint Select Committee of Parliament is to deliberate on the Credit Reporting Act of 2008, which was tabled in the House of Representatives recently by Minister of Finance and the Public Service, Audley Shaw.
The Bill seeks to pr
Jamaica has dropped one place to 63 in the latest ranking in the Doing Business Report 2009 published by the World Bank.
The drop came in spite of recent measures by the one-year-old Bruce Golding-led administration to improve adm
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
The Caribbean Cement Company Limited says it well prepared to meet the increase in demand, which is expected to flow from the rehabilitation work made necessary by tropical storm Gustav.
Speaking in an interview last week, A
The 16-month old Caribbean Catastrophe Risk Insurance Facility (CCRIF), the world’s first and only multi-nation catastrophe risk fund, was adjudged the Reinsurance Initiative of the Year, at the 2008 Review Worldwide Reinsurance
Tourism Minister Edmund Bartlett is projecting that the tourism sector will employ an additional 58,000 workers over the next 10 years.
This, he said, is based on the level and rate of infrastructural development and expansion, cur
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
The William ‘Bill’ Clarke-led Bank of Nova Scotia Jamaica Limited will be pumping some $400 million into the small business sector in order to boost employment and economic growth next year. The Small business sector currently employ