|500-unit parking garage coming to New Kingston - LOJ announces project; opens Winchester Business Centre
Insurance and financial conglomerate, Life of Jamaica (LoJ), says it plans to construct a unique multi-level parkingfacility on Dumfries Road in New Kingston following on the success of its residential and commercial real-estate development in the heart of Half-Way Tree.
Pressure on the dollar - Jamaican Central Bank intervenes again and again
Pressured by high broker demand and excess Jamaican dollars in the system, the Bank of Jamaica (BoJ) intervened in the local foreign-exchange market Tuesday to reduce the pressure on the local currency, selling to its dealers at $68.52 for resale to end users at $68.57.
Repricing of risk inevitable - May already be happening
In last week's Vantage Point, I argued that Jamaica needs to pay close attention to any change in international credit conditions as a repricing of risk in international credit markets is overdue. I reiterated this point at a speech I gave on Jamaica's economic outlook for Guardian Asset Management on Wednesday ...
Claudette Crooks takes charge at MoneyMasters - New securities dealer enters market
With well-known accountant Donald Patterson as its chairman and respected financial analyst Claudette Crooks as managing director, a new securities dealer, MoneyMasters Limited, has entered the market.
'Strangled byregulation' - Corporate issues, private-placement markets underdeveloped, says JSDA
Securities dealer Keith Duncan is charging that an overly cautious financial system is stifling the corporate bonds market, while elsewhere, the business is exploding, pushing companies into more friendly jurisdictions to raise capital.
Yes, there are implications for the Caribbean in new EU Treaty
One of the more bizarre experiences of the last week was being asked by the Breakfast Club to participate in a discussion about the new European treaty. (Jessop)