The Supreme Court has refused to grant an injunction barring the Jamaica Stock Exchange Limited (JSE) from convening a disciplinary hearing against its chief regulatory officer, Wentworth Graham, pending the outcome of proceedings at the Industrial...
Jamaica's primary balance for fiscal year ended March 2017 has over-performed by $12.8 billion to come in just shy of $140 billion, the Economic Programme Oversight Committee (EPOC) reported on Friday.That represents about 7.7 per cent of gross...
The Jamaican dollar hit another psychological mark at $130 to the United States currency a week ago, but there does not appear to be any heightened concern...
The Government will be giving up about US$14.6 million, which equates to nearly $1.9 billion annually, as a result of its decision to grant exemptions on the bauxite levy as part of a tax regime overhaul for extractive industries...
The Bank of Jamaica (BOJ) will be fully transitioning its policy rate from the 30-day certificate of deposit to the overnight rate by the end of June as part of the...
The Court of Appeal has denied an application by Gorstew Limited to challenge a Full Court ruling barring a judicial review of the acquittal of three former executives in the billion-dollar ATL pension fund case, dealing another setback to the...
The Inter-American Development Bank (IDB) said it would consider financing projects for waste to energy in Jamaica, but cautioned that the cost of doing so would have to be around US$0.12 per kilowatt hour for it to make sense to consumers."We could...
The Supreme Court has reserved its decision until May 16 on whether to grant an injunction barring the Jamaica Stock Exchange Limited (JSE) from convening a disciplinary hearing against its chief regulatory officer, Wentworth Graham, pending the...
Chief Regulatory Officer Wentworth Graham has filed a claim against the Jamaica Stock Exchange (JSE) and its managing director, Marlene Street Forrest, alleging breach of his employment contract, following efforts to suspend him from the job....
Bank of Jamaica (BOJ) said it is still consulting with foreign exchange dealers as well as the International Monetary Fund (IMF) on the formulation of rules that will...
Jamaica's principal agents for MoneyGram International have indicated that it is too early to comment on the likely local impact of the proposed acquisition of the money-transfer outfit, which...
Caribbean Cement Company said maintenanceto improve efficiency and consistent packaging of the company's products as a result of equipment upgrading required in the packaging area will be undertaken over the Easter weekend.Hardware merchants and...
Celebration Jamaica missed its last revised and aspirational deadline in January to launch its casino resort project, but now, the finance ministry is saying the development is likely to get under way in two to three months.The situation with...
A study conducted by the Fair Trading Commission (FTC) to assess the structure and characteristics of the micro-finance industry has now been completed and...
The blueprint for a new consumer agency tasked with protecting banking and financial consumers is now being developed by a triad that includes the central bank.But it is yet to be determined whether the new creation will operate as a stand-alone...
Jamaica's commercial banking regulations that impact access to financing are to undergo a review, with recommended measures to be adopted by midyear.The terms of reference for the study were developed by a team from the Bank of Jamaica led by...
Eight months into the 30-year concession agreement for the Kingston Container Terminal (KCT), Auditor General Pamela Monroe Ellis has assessed that the public-private partnership (PPP) contains only minimal contingent liability to the Jamaican...
Some of Jamaica's main corned beef distributors said they will keep inventories in quarantine pending the findings of an investigation the Government has launched into the quality of the product packaged and imported from Brazil.The Government has...
The Ministry of Finance has assured Auditor General Pamela Monroe Ellis that there will be no change to the taxation regime for the bauxite sector for fiscal year 2017-18....
The Jamaican economy expanded by 1.3 per cent during the quarter to December 2016, the eighth consecutive period of growth, reflecting higher output for both the services...
