Banks tighten credit card lending
To limit exposure to the bad-loan losses in the current economic climate, commercial banks reined in their credit-card lending, the result of which has been a major slowdown in the sector that limited growth to...
Rationalising accidental death insurance
Question: In 2003, I bought a life policy at age 62. It included accidental death and dismemberment (AD&D). The basic sum assured was $500,000.
BNS launches automatic bill-payment system, To sell software to merchants
Bank of Nova Scotia Jamaica Limited (BNS) on Thursday launched proprietary software requiring merchants to pay for a revised service that allows them to automatically deduct payment from their customers who are credit-card...
Ethanol blend safe, says Watson
Petrojam Limited will need to produce or source a total of 70 million litres of ethanol annually to supply the demand of Jamaica's gasolene market, says general manager Winston Watson.Ethanol is being promoted globally as a substitute for the...
Making the right decision on windfall investments
QUESTION: I was made redundant in June 2009. I was employed in the bauxite-alumina sector. I am now seeking some advice on my way forward with the money that I was given and some to come.
Sagicor Life buys another 33% of Pan Caribbean, Deal interest in Pan Caribbean to 85%
Sagicor Life Jamaica Limited (SLJ) has increased its stake in Pan Caribbean Financial Services to 85 per cent, buying the additional 33 per cent from parent Sagicor Financial Corporation (SFC).
UWI now offering degree in electronic engineering
The Mona campus of the University of the West Indies (UWI) is now offering an undergraduate degree in electronic engineering, which the school says will provide graduates...
UK, Caribbean relations 'taxed' by air passenger duty, Defining moment for historic allies
Let me make no apology for revisiting the issue of air passenger duty (APD), the British tax measure that continues to divide the Caribbean and the United Kingdom.
From inside the markets
Buoyed by the earlier releases of a slew of positive corporate earnings results, the stock market posted positive gains this week.All Market indicators advanced.