Fri | May 26, 2017

Stories by McPherse Thompson

Published:Friday | May 26, 2017 | 5:00 AMMcPherse Thompson

A Supreme Court judge is recommending that lawmakers revisit public service regulations to ensure government employees are given a hearing...

Published:Wednesday | May 24, 2017 | 5:00 AMMcPherse Thompson

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...

Published:Wednesday | May 24, 2017 | 5:00 AMMcPherse Thompson

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...

Published:Sunday | May 21, 2017 | 5:00 AMMcPherse Thompson

The Supreme Court has refused to grant an injunction barring the Jamaica Stock Exchange Limited (JSE) from convening a disciplinary hearing against its chief regulatory officer, Wentworth Graham, pending the outcome of proceedings at the Industrial...

Published:Sunday | May 21, 2017 | 5:00 AMMcPherse Thompson

Jamaica's primary balance for fiscal year ended March 2017 has over-performed by $12.8 billion to come in just shy of $140 billion, the Economic Programme Oversight Committee (EPOC) reported on Friday.That represents about 7.7 per cent of gross...

Published:Friday | May 19, 2017 | 5:00 AMMcPherse Thompson

The Jamaican dollar hit another psychological mark at $130 to the United States currency a week ago, but there does not appear to be any heightened concern...

Published:Friday | May 19, 2017 | 5:00 AMMcPherse Thompson

The decision to divert revenues from the Tourism Enhancement Fund (TEF) into the government's main account is part of a new structural...

Published:Friday | May 12, 2017 | 5:15 AMMcPherse Thompson

The Government will be giving up about US$14.6 million, which equates to nearly $1.9 billion annually, as a result of its decision to grant exemptions on the bauxite levy as part of a tax regime overhaul for extractive industries...

Published:Friday | May 12, 2017 | 5:13 AMMcPherse Thompson

The Bank of Jamaica (BOJ) will be fully transitioning its policy rate from the 30-day certificate of deposit to the overnight rate by the end of June as part of the...

Published:Wednesday | May 10, 2017 | 5:00 AMMcPherse Thompson

The Inter-American Development Bank (IDB) said it would consider financing projects for waste to energy in Jamaica, but cautioned that the cost of doing so would have to be around US$0.12 per kilowatt hour for it to make sense to consumers."We could...

Published:Wednesday | May 10, 2017 | 5:00 AMMcPherse Thompson

The Court of Appeal has denied an application by Gorstew Limited to challenge a Full Court ruling barring a judicial review of the acquittal of three former executives in the billion-dollar ATL pension fund case, dealing another setback to the...

Published:Sunday | May 7, 2017 | 5:00 AMMcPherse Thompson

The Supreme Court has reserved its decision until May 16 on whether to grant an injunction barring the Jamaica Stock Exchange Limited (JSE) from convening a disciplinary hearing against its chief regulatory officer, Wentworth Graham, pending the...

Published:Wednesday | May 3, 2017 | 5:00 AMMcPherse Thompson

Chief Regulatory Officer Wentworth Graham has filed a claim against the Jamaica Stock Exchange (JSE) and its managing director, Marlene Street Forrest, alleging breach of his employment contract, following efforts to suspend him from the job....

Published:Friday | April 28, 2017 | 4:00 AMMcPherse Thompson

The Supreme Court has rendered null and void a claim filed by Asset Recovery Agency which was seeking to restrain...

Published:Thursday | April 13, 2017 | 4:00 AMMcPherse Thompson

Bank of Jamaica (BOJ) said it is still consulting with foreign exchange dealers as well as the International Monetary Fund (IMF) on the formulation of rules that will...

Published:Thursday | April 13, 2017 | 4:00 AMMcPherse Thompson

Jamaica's principal agents for MoneyGram International have indicated that it is too early to comment on the likely local impact of the proposed acquisition of the money-transfer outfit, which...

Published:Wednesday | April 12, 2017 | 4:00 AMMcPherse Thompson

Caribbean Cement Company said maintenanceto improve efficiency and consistent packaging of the company's products as a result of equipment upgrading required in the packaging area will be undertaken over the Easter weekend.Hardware merchants and...

Published:Sunday | April 9, 2017 | 4:00 AMMcPherse Thompson

Celebration Jamaica missed its last revised and aspirational deadline in January to launch its casino resort project, but now, the finance ministry is saying the development is likely to get under way in two to three months.The situation with...

Published:Friday | April 7, 2017 | 4:00 AMMcPherse Thompson

A study conducted by the Fair Trading Commission (FTC) to assess the structure and characteristics of the micro-finance industry has now been completed and...

Published:Wednesday | April 5, 2017 | 4:00 AMMcPherse Thompson

The blueprint for a new consumer agency tasked with protecting banking and financial consumers is now being developed by a triad that includes the central bank.But it is yet to be determined whether the new creation will operate as a stand-alone...

Published:Friday | March 31, 2017 | 3:00 AMMcPherse Thompson

Minister of Finance and the Public Service Audley Shaw has exhorted ministries, departments and agencies engaged in the development of the...

Published:Wednesday | March 29, 2017 | 3:00 AMMcPherse Thompson

Jamaica's commercial banking regulations that impact access to financing are to undergo a review, with recommended measures to be adopted by midyear.The terms of reference for the study were developed by a team from the Bank of Jamaica led by...

Published:Friday | March 24, 2017 | 3:00 AMMcPherse Thompson

The fine against car dealership Crichton Automotive Limited for selling a 2005 car as a 2007 model was chopped nearly in half, but the Court of...

Published:Wednesday | March 22, 2017 | 3:00 AMMcPherse Thompson

Some of Jamaica's main corned beef distributors said they will keep inventories in quarantine pending the findings of an investigation the Government has launched into the quality of the product packaged and imported from Brazil.The Government has...

Published:Wednesday | March 22, 2017 | 3:00 AMMcPherse Thompson

Eight months into the 30-year concession agreement for the Kingston Container Terminal (KCT), Auditor General Pamela Monroe Ellis has assessed that the public-private partnership (PPP) contains only minimal contingent liability to the Jamaican...

Pages

Subscribe to McPherse Thompson