Unregulated companies and self-employed individuals engaged in a trade, vocation or profession are now entitled to claim a non-refundable Employment Tax Credit (ETC) when computing their net income tax liability....
National Commercial Bank Jamaica Limited (NCBJ) announced yesterday that it has launched a new credit card insurance product in collaboration with NCB Insurance Company (NCBIC).The bank said it is offering insurance coverage on outstanding credit-card...
Chief executive officer of the Companies Office of Jamaica and Registrar of Companies, Judith Ramlogan, said the fees for using the Security in Personal Property registry, which began operations yesterday, will not be prohibitive....
With 20 of 32 of Jamaica's Business Process Outsourcing (BPO) companies located in Montego Bay, St James, members of the industry said the city's appeal is connected not just its status as a tourist resort...
AAMM Co-operative Credit Union recently spent $1m to renovate the Albert Street Basic School, located in the inner-city community of Franklyn Town, Kingston...
PROVEN Wealth Limited's President & CEO Chorvelle Johnson and branch manager for Mandeville, Natalie Shim, presented a new refrigerator to the Spaldings Primary School recently. Johnson, a past student of the school...
The cash-strapped regional airline, LIAT, says it should be regarded as an essential service and warned that disruption to its services could endanger life and jeopardise Caribbean economies."Typically,...
A high-level steering committee has been established to provide oversight in the setting up of a Trust arrangement to mitigate the risks to securities dealers retail repurchase clients.The Trust will hold the underlying securities on behalf of clients...
Amendments to the Bank of Jamaica (BOJ) Act to strengthen the governance and autonomy of the monetary authority are currently being considered and a Cabinet decision on the way forward is envisaged by May 2014.That is part of the key recommendations...
The Florida, United States-based logistics management and package delivery company, Aeropost, has partnered with a Polish company to invest more than J$150 million in a new parcel locker system in Jamaica.However, the partnership in the parcel locker...
The Bank of Jamaica (BOJ) said that as part of the effort to facilitate the introduction of collective investment schemes (CIS) in 2014, it is lifting the limit on investments in foreign currency securities, which currently applies to securities dealers...
When Latvia adopts the euro on January 1, it will bring with it a banking sector that is swelling with suspicious money from Russia and the east - just as the currency bloc is trying to clamp down on such havens.It was just nine months ago...
The Couples Resort group which owns prime beachfront property at Harmony Hall, Trelawny, has placed on the market 40 acres of land adjacent the planned Harmony Cove project, which is among contenders for integrated resort development designation ...
Proven Wealth Limited, brokers for Knutsford Express Services Limited, said the company's initial public offering, which opened and closed last Friday, was fully subscribed.The company, which operates the Knutsford Express transportation service from...
The Eastern Caribbean Civil Aviation Authority has launched an investigation into the circumstances under which a Virgin Airways aircraft was substantially damaged while landing at the Hewanorra International Airport last week....
As debate continues over the state of economic relations between Jamaica and Trinidad and Tobago, at least one Jamaican company is making inroads there with the assistance of Trinidadian manufacturers.Centralised Strategic Services...
The stock market was unstoppable in 2013. A US government shutdown, fear of a default, the threat of military action in Syria, big budget cuts, and a European country looking for a bailout - any number of events might have derailed the stock market. But they didn't....
The average amount of electricity consumed in US homes has fallen to levels last seen more than a decade ago, back when the smartest device in people's pockets was a PalmPilot and anyone talking about a tablet was probably an archaeologist ...
Wells Fargo says it has made a $591 million deal with Fannie Mae to settle obligations related to loans that went bad after the housing bubble burst. The deal announced Monday covers loans made through 2008...
Barbados' Finance and Economic Affairs minister, Chris Sinckler, says the proposals outlined by the National Union of Public Workers (NUPW) to save the jobs of public servants do not go far enough....
In a low job market, uneducated, unskilled youths who reside in stigmatised communities, such as Denham Town, Rose Town, Trench Town, August Town, Cave Valley, New Haven and Waterhouse, have little chance of finding employment and often...
The RISE Life Management Services has been further strengthened following the recent signing of a funding agreement with the Jamaica National Building Society Foundation......
