Category: Business

PSOJ Welcomes Planned Tabling Of New NIDS Bill

The Private Sector Organization of Jamaica, PSOJ, is welcoming the announcement of the tabling of a new National Identification bill by the end of this fiscal year....

BOJ To Implement New Foreign Exchange Trading Platform in 2020

Bank of Jamaica, BOJ, Governor, Richard Byles, says plans are in place to implement a new foreign exchange trading platform in 2020. He says the platform will be tested...

New Non-stop Flight Between Montego Bay, JFK

Tourism Minister Edmund Bartlett and US Ambassador to Jamaica, Donald Tapia yesterday welcomed a new daily non-stop American Airlines service between New York’s...

Jamaican Dollar Slide: Currency Rebound Started with Manufacturers Intervention

President of the Jamaica Manufacturers and Exporters Association, JMEA, Richard Pandohie, says a request to the Bank of Jamaica, BOJ, for more funds to be made available...

PIOJ Says Employment Drove 0.3% Growth in 3rd Quarter

The Planning Institute of Jamaica, PIOJ, is projecting that the economy grew by 0.3% between July and September. The actual numbers will be presented by STATIN at a...

Unacceptable That FINSAC Report Still Not Completed – Samuda

Government Senator Matthew Samuda says is not acceptable that the report into the Financial Sector Adjustment Company, FINSAC debacle which took place in the 1990s under...

Several Multi-million USD Dollar Transactions Blamed For Sliding Local Currency

Several multi-million US dollar transactions over the past year have been putting pressure on the local currency, which is now trading at a record low. Bank of Jamaica...

Marriott Int’l Brings Their First All-Inclusive Luxury Resort To Jamaica

Marriott International is readying to open its first all-inclusive luxury resort in Jamaica. They’re partnering with the Amaterra Jamaica Group, led by Keith and...

Dollar Drops To Unprecedented Low Rate, Trading At $142 to $US1

The Jamaican dollar has now passed the 142-dollars to 1 to US mark. It lost another 27 cents against the US, to open this morning selling at an average 142-dollars...

Jamaica Regains Top Spot As Financial Capital of the Caribbean – Keith Collister

Jamaica is regaining its place as the financial center of the Caribbean. That’s according to financial analyst and commentator, Keith Collister. He says the island...