Collusion of the corrupt - Economic forum highlights tax policy differences
Finance Minister Audley Shaw on Thursday hit at Jamaica's corporate bosses, charging publicly that elements within their ranks have contributed to the rank corruption at the ports through collusion with Customs officials gone bad...
Scotiabank gives C&WJ exclusivity
Cable & Wireless Jamaica and Scotiabank Jamaica in a joint statement Tuesday announced a deal worth $400 million that gives C&WJ exclusive rights as the bank's telecommunications provider for the next five years. The deal announced after market close Thursday...
REIT offer extended
The Carlton Savannah REIT has extended its offer of shares in the first real estate initial public offering being attempted in Jamaica's financial market. The placement initially due to close May 30 will remain open to June 13 ...
Market gobbles up JSE preference shares
The Jamaica Stock Exchange redeemable preference share offer has raised $124 million, a near doubling of the actual target. The JSE had hoped to raise $66 million from 33 million shares, or $2 per unit, but instead got subscriptions for 62.15 million units during a two week...
PSOJ ECONOMIC FORUM - Expect growth, but not much, says Davies
Dr Omar Davies has advised Jamaicans, for the medium term, to put aside expectations for double-digit growth rates, suggesting that the best the country can deliver is around three per cent a year. Significantly, the former finance minister's projection was challenged neither...
Eager for forgiveness, but slow to pay
The tax department's amnesty programme that initially waives all penalties and interest on tax arrears has, to date, yielded more than $1.5 billion for the treasury. But, given the tax departments' target of $20 billion under the amnesty programme, the take up to date is well shy...
RBTT Jamaica makes $820m - Trinidad parent reports flat results as tax charges bite
Jamaica's RBTT Bank made TT$70.3 million (J$823m) in after tax profit at year end March 2008, a less than four per cent improvement in a year of strong growth for commercial banking, but a slightly better showing than its Trinidad parent RBTT Financial...
Pinpointing Caribbean growth momentum - The Farrell-Ali spectrum
Caribbean economies such as Jamaica, Barbados and Guyana are expected to post weaker growth over the next two years due to a global slowdown and the effects of higher oil and food prices while the prospect for Trinidad and Tobago is for fairly robust growth...
COMMENTARY - Economic crime and human need to forage
Economic crime and human need to forageBees are fantastic, extraordinarily incredible creatures. Why? At the height of their powers and abundance of wealth, they abandon their riches to another generation to renew their struggle once again....
Protection of Jamaica's patrimony
Perhaps somewhat lost amid the mayhem dominating the news recently were reports on the launch of a project of immense importance to Jamaica. The Geographical Indications Project was launched on May 28 with the signing of a memorandum of understanding...
PM wants deeper analysis from
Prime Minister Bruce Golding has urged the Planning Institute of Jamaica (PIOJ) to broaden the scope of its economic analyses and reports to reflect factors such as external shocks, like the effects of current food shortage worldwide and spiralling oil...
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