Claro backs cell phone tracking plan; Digicel, LIME in wait-and-see mode

Local telecomS firms are all awaiting the Government's next move to pass laws required to give teeth to its plan for a system of mandatory registration of subscriber information (MSRI) in Jamaica, but already, one company, Claro, is throwing its unconditional support behind the move, even as its competitors, Digicel and LIME, adopt a more a cautious tone.

From finance to design and decor

Anishka Clarke has exchanged a career as a financial adviser for that of interior design, swapping cold numbers for what appears to be the warmer, more exciting world of colour and form.

NCB increases fees to offset expenses

Following through on a plan to offset loss of other income and rising operational costs, National Commercial Bank (NCB) has increased transaction fees across the board by up to 100 per cent, with no distinction made for business conducted in-branch or through electronic channels.

Deepwater oil-drilling implications for the Caribbean

When the oil rig the Deepwater Horizon sank in flames on April 20, few could have imagined that three weeks later, the well would continue to spew crude oil into the Gulf of Mexico and threaten the coastal economies of the southern United States and their reputations as holiday destinations.

Scotia Insurance appoints new GM

Hugh Reid has been appointed general manager of Scotia Jamaica Life Insurance Company (SJLIC), filling a vacancy created last October by the promotion of Jacqueline Sharp to chief financial officer of the Scotia Group.

Delinquencies rise at COK

COK Sodality Cooperative Credit Union is reporting abnormal growth in delinquent loans to levels that now pose a threat to the agency's financial health.

Haunted by the burnout of VCI General

Question: I was involved in a motor accident about 10 years ago.

Churches on the lookout for M&A targets

Churches Cooperative Credit Union Limited (CCCU) is positioning to snap up smaller competing agencies which are expected to become merger or acquisition targets, as new central bank rules are implemented...

New DBJ energy line open to SMEs - Maximum J$15m per borrower

Despite the poor take-up of its previous energy line of credit, the Development Bank of Jamaica (DBJ) is ready to roll out $500 million in loan funding under the DBJ/PetroCaribe Small and Medium Enterprises (SME) Energy Fund to...

From inside the markets

Apart from heavy trading in blue-chip stocks, NCBJ, 63 million units, and JBG, 11 million units on Tuesday and Wednesday, respectively, trading activity continued to be low-key.

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