JMD undergoing yearly check-up for bloatedness - IMF assessing whether Jamaican currency still overvalued

The International Monetary Fund (IMF) is doing another assessment of the Jamaican dollar to determine whether it is still overvalued and the degree to which it should be adjusted to boost competitiveness....

New $200m residence for US ambassador - Businessman gives up dream home for American diplomat

Realtor Deborah Cumming said Friday that she has concluded a deal that was one year in the making to procure a residence - built to specifications - for the new United States (US) ambassador to Jamaica who is expected...

Elephant gets larger, grows workforce fivefold

The Elephant Group which moved into a larger operating space at the end of March says it has grown its workforce from 80 to 400 employees.The business process outsourcing firm says it has landed new contracts in its first year of operation."We have...

IMF weighs options to quota reform

The International Monetary Fund (IMF) is urging the United States Congress to ratify quota and governance reforms, agreed four years ago, to further strengthen the representation of emerging economies ...

Sampars teams with Sam's Caribbean on online grocery sales

Sam's Caribbean Marketplace, a United States-based company, has partnered with Jamaican grocery distributor Sampars Cash & Carry to deliver groceries to Jamaicans purchased online by relatives overseas.The service is...

Inhouse accounts inexplicably scarce

Director of Elections Orrett Fisher writes on behalf of the Electoral Commission of Jamaica (ECJ), which is under the chairmanship of Dorothy Pine McLarty, to say the ECJ has not produced any audited accounts since it commenced operations in December 2006.

Solar company asks banks to finance renewables

David Pijuan Mota, business development manager for solar engineering company Sofos Jamaica Limited, is encouraging local banks to get into the financing of solar installations, stating that the financial institutions could be earning income currently...

Lloyds investors threaten to boycott offerings over FCA's bungled briefing

By Martin Arnold and Sam Fleming - Investors who bought Lloyds Banking Group shares from the government last month are threatening to boycott future offerings by the Treasury after they were burnt by a bungled regulatory announcement that prompted...

E-cigarettes face same rules as tobacco under WHO proposals

By Duncan Robinson in London and Shannon Bond in New York - Electronic cigarette users are set to be banished to the pavement alongside their tobacco-smoking cousins - and face similar hefty prices - if the World Health Organisation (WHO) pushes...

Yellen signals more aggressive stance toward banks

The United States Federal Reserve may be about to turn more aggressive in its regulation of the financial system.Fed Chair Janet Yellen suggested Tuesday that current regulatory rules might not be enough...

Margaritaville companies list on the JSE

Two Jamaican-owned foreign companies, Margaritaville Turks Limited (MTL) and its parent Margaritaville Caribbean Limited, have listed on the Jamaica Stock Exchange (JSE)....

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