Category: Business

‘Don’t Fear Inflation Targeting’, says Paraguayan Central Bank Governor

President of Paraguay’s Central Bank, Dr. Carlos Fernandez Valdovinos, says Jamaicans should not be afraid of inflation targeting. Inflation targeting is a...

More Fiscal Discipline & Surpluses to Come

Acting Principal Director in the Fiscal Policy Management Branch, of the Finance Ministry, Trevor Anderson, says Jamaicans can expect more fiscal discipline and...

VMBS Boss Urges Govt to Partner with Developers to Make Housing Cheaper

President and CEO of Victoria Mutual Group, Courtney Campbell, says the government should consider partnering with property developers to find cheaper housing solutions...

New Tax Cuts Expected to Deliver Big Savings to Prospective Home Owners

Jamaicans looking to buy a $10-million house will save nearly $200,000 as a result of the government’s new tax cuts. In his budget presentation last week, Finance...

Jamaica Broilers Reports $14bn in Revenues

The Jamaica Broilers Group is reporting revenues of more than $14-billion in its just-released unaudited financial results for the quarter ended January 26, 2019. This...

Primary Surplus Target under IMF Agreement Lowered to 6.5%

The government in agreement with the International Monetary Fund, IMF, has reduced the Primary Surplus target from 7 percent to 6.5 percent. Finance Minister, Dr. Nigel...

Shaw Lauds Local Cannabis Company for Multi-Million Dollar Investment

Industry Minister Audley Shaw is lauding Jamaican-owned Cannabis company, Jacana, for making a multi-million dollar investment in the industry and being the first local...

Finance Minister Tables Bill to Improve Micro-Financing

A bill to improve access to financing and increase regulation of the micro-financing sector has been approved in the House of Representatives. The bill was tabled and...

BOJ Scouting New Executive Director of Financial Markets

The Bank of Jamaica is advertising for a new position of Executive Director of Financial Markets. They’ve also promoted two new Deputy Governors, following the...

Experts Optimistic About BOJ Move to Slash Rates

Financial Analyst, Dennis Chung says the move by the Bank of Jamaica, BOJ, to lower its interest rates should create greater demand and lending in the economy. The...