Category: Business

scotiabank-photo

Scotia Reviewing Dormant Fees

Another of the country’s major commercial banks has relented in the fight against fees they charge on so-called dormant accounts. Scotiabank today announced that...

BOJ HQ

Shaw Slashes BOJ Lending Rates

Finance Minister, Audley Shaw, has announced new lending rates to the Bank of Jamaica. He says this should translate into lower loan rates from commercial banks to...

scotiabank-photo

Scotia Moving Nearly 100 Jobs to T&T

President of the Bustamante Industrial Trade Union, Senator Kavan Gayle, says he’s sought support from trade unions in the region following plans by Scotia Bank to...

CIBCFIRSTCARIBBEAN LOGO_FC_2C_RGB_2013_09_05_10_45_46

CIBC Suspends Dormant Account Charges Immediately

Another commercial bank is suspending dormant account charges effective immediately. CIBC FirstCaribbean International Bank made the announced this morning in a...

gas-prices

New Fuel Prices Take Effect

Petrojam has announced increases in fuel prices to take effect today. A litre of of E10-87 gasoline will be sold for $104.20 per litre. A litre of E10-90 will be sold...

bank account dormant

NCB Suspends Charges on Dormant Local & Foreign Currency Accounts

The National Commercial Bank has suspended charges applied to dormant local and foreign currency accounts effective immediately. It says the decision follows a review of...

small-business-loans

DBJ & World Bank Boosting Support to MSMEs

Micro, Small and Medium Enterprises, MSMEs, are set to benefit from a USD$46-million investment following a move by the Development Bank of Jamaica and the World Bank to...

PROVEN-Wealth-logo

Proven Shareholders to Receive Divident Payment Today

Proven Investments Limited preference shareholders will today receive a dividend payment of 10-cents per share. It stems from a reported 123.1-percent increase in net...

Trinidad-Cement-Limited

Trading of TCL Shares Suspended

Trading of Trinidad Cement Limited’s (TCL) shares on the Jamaica Stock Exchange (JSE) will be suspended after close of business today. Earlier this month, TCL had...

income-tax

JCC President Calls for Overhaul of Tax System

President of the Jamaica Chamber of Commerce (JCC) Larry Watson has called for a complete overhaul of the Jamaican tax system. Mr. Watson says he’s not satisfied...