Telecommunication providers Digicel and Verge Communications want the proposed reduction in fixed termination rates implemented as soon as possible, suggesting that it would unduly benefit Cable...
A Jamaican court has granted judgment to the 3M Company, one of the largest publicly traded companies on the New York Stock Exchange, preventing a Mexican-based outfit from using its trademark.The Court of Appeal decision sets aside the judgment of...
A new UNDP report, which puts Jamaica's per capita income at US$8,350, finds that 406,000 of its citizens live either near or in extreme poverty.Of that number, 14,000...
The concession agree-ent for the operation of Kingston Container Terminal (KCT) is not publicly available and the Port Authority of Jamaica is yet to say...
Despite recent spikes in the cost of several food items in shops and supermarkets, the central bank says there were no inflation jitters and it remained...
The Bank of Jamaica (BOJ) will today be undertaking a pilot of its foreign exchange auction system-branded B-FXITT, in preparation for its full roll out scheduled for next month-end.Under the new system of weekly auctions, authorised dealers and...
The declining competitiveness of the Caribbean tourism model means that the Jamaica government should look to diversify from the all-inclusive model into new types, World Bank lead economist Phillip Schuler has suggested. At the same time,...
Jamaica's appeal court has massively upsized the award to a Bahamian pilot who had his plane confiscated by the State over unsubstantiated allegations of drug running, capping his two-decade fight for redress.The court effectively increased a lower...
Maureen Simms, deputy governor of the Bank of Jamaica (BOJ), said the central bank is now ready to implement agent banking services and deposit-taking institutions can now apply to the central bank for permits."The relevant persons in the industry,...
Providers of automated teller machines, ATMS, to Jamaica’s banks will be rolling out additional anti-fraud software to further increase the defence against fraudsters who have also stepped up their game in installing deep-insert skimmers at...
If the state-owned National Water Commission (NWC) seeks to compete with private sector firms in the commercial operation of bottled water locally, it could possibly create distortions in the market, according to the Private Sector Organisation of...
The Jamaican economy having remained flat for the January to March 2017 quarter, the Planning Institute of Jamaica (PIOJ) is banking on the resumption of alumina production at Alumina Partners of Jamaica (Alpart) in St Elizabeth to contribute the...
Among Jamaica-born women living in the United States, 50 per cent have at least a college education, evidencing the significant brain drain, especially among that gender from Jamaica.Nearly a third of all women with at least a college education in...
The Jamaica Broilers Group said Conley Salmon, who was its vice-president for marketing, feeds and agricultural supplies has been appointed President of the Jamaica operations, effective May 1. Dave Fairman was also appointed president of the group...
Private-sector credit grew at an annual rate of nearly 31 per cent at the end of February, doubling the pace set in December, according to new Bank of Jamaica (BOJ) data.Much of the expansion resulted from a new entrant to the commercial banking...
