Local suppliers now quoting in US dollars
A number of local suppliers of goods and services have began quoting their prices as well as customers' bills in United States dollars as a direct consequence of the rapid depreciation of the local currency, especially during the past four months.

Why is voluntary tax compliance so difficult?
ONE OF the objectives of the 2003-2004 budget presented by the Minister of Finance, Dr. Omar Davies, is to bring the informal sector into the Government's tax net.

RBTT Jamaica records big profits
RBTT Bank Jamaica Limited has recorded a net profit of $724.9 million, including exceptional items of $124 million for the financial year ended March 2003.

The crisis is now here, Mr Davies
IT WAS intended to pull local dollars off the market; that it managed to do. It was also intended to stem the decline in the exchange rate, on that score it failed miserably.

A look at those new tax measures
THE PROVISIONAL Collection of Tax (Cess on Imports) Order, 2003 and the Provisional Collection of Tax (Income Tax) Order, 2003 were signed on April 30, 2003, and Gazetted, dated May 1, 2003.

Citibank to drop its retail business
CITIBANK NA is divesting itself of its retail business to refocus fully on its core strength, corporate banking, again.

Women at the helm of management - Scotiabank Jamaica shatters the glass ceiling
Scotiabank Jamaica shatters the glass ceiling WITH THE recent completion of major restructuring of its head office operations and the announcement of a new executive and senior management team...

Jamaica's oil bill set to soar
THE GOVERNMENT has not yet determined just how much it will have to shell out to pay the country's oil bill for this year, but the Ministry of Commerce, Science and Technology has conservatively estimated it could again soar above the US$600 million mark.