'High-risk' tax cheats targeted - Deeper scrutiny for company directors, doctors, lawyers and contractors
Tax consultant and attorney-at-law Ethlyn Norton-Coke has warned that businesses, including company directors and senior executives, will be more closely tracked by the authorities in a move to bell tax evaders. Norton-Coke said the Tax Administration and Assessment...
Hilton Kingston sold ... again - Delroy Howell takes over as chairman
Delroy Howell's Cayman firm First Financial Caribbean, parent company for local Quik Cash Sun Money Transfer, has paid about J$3.5 billion equivalent to acquire the Hilton Kingston hotel property, the new owner indicated Tuesday. But Howell would not reveal a definite price...
S&P maintains Jamaica's 'B' rating - But less optimistic than Shaw about economic growth
Citing the government's commitment to fiscal discipline, debt reduction and economic growth, Standard and Poor's yesterday maintained its 'B' credit rating of Jamaica's debt. But even as the rating agency declared the island's outlook to be stable and it appeared broadly...
Flow to build new customer centre - Commissions US$80m undersea fibre-optic cable
Flow Jamaica, having commissioned its new undersea fibre-optic cable to provide connectivity at greater speed, now says it is pressing ahead with plans to develop a US$15-million ($1.7-billion) call centre in Portmore. The call centre is to be staffed by 400 to 500...
Jamaica Trade and Invest (JTI) on a foreign mission - To set up six offices in two years
Jamaica Trade and Invest (JTI) is to set up six new offices overseas, over two years, including Brazil, India and China, where government sees promise for the emergence of new investments. The agency is also targeting foreign direct investment flows of $20 billion...
Jamaicans remitting more money from the US
Remittance inflows from the United States to Jamaica grew almost 12 per cent for the first quarter of the fiscal year, so far defying expectations that private cross-border money flows would have taken a cue from the sluggish US economy and hit a downturn....
CCFG to build regional alliance
Ryland Campbell's Capital and Credit Financial Group Limited (CCFG) needs equity to expand, and will be tapping the market for $1 billion to $1.5 billion. CCFG plans to raise the funds through a placement of preference shares. The group last week listed...
Campbell to head First Global holding company
Courtney Campbell, who recently resigned as vice-president for retail business at National Commercial Bank, is heading to the GraceKennedy group to a holding company established by conglomerate for First Global financial services assets, Grace's CEO,...
ON YOUR OWN - Tips for aspiring entrepreneurs
THERE ARE many, who strive to get a job and climb up the career ladder. Then there are some, who are bitten by the 'bug', as entrepreneurship is often referred to. Those who have chosen the latter say this route is exciting, as well as full of challenges...
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