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Wednesday, September 28, 2016

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Customs predicts surplus of $8 billion for 2016/17
The Jamaica Customs Agency (JCA) is anticipating revenue of roughly $202 billion, or $8 billion above the target set by the Ministry of Finance for its 2016/2017 financial year. As the Government becomes increasingly reliant on the agency to increase revenue collections in aiding the rece ...
Chin says Pfizer case injunction set back Lasco’s growth by 500%
Chairman of Lasco Affiliated Companies, Lascelles Chin, says that an injunction granted to global pharmaceutical giant, Pfizer, by the local Supreme Court in 2005 cost his company a 500 per cent growth projection. “The injunction did really significant damage to Lasco. We would have been 5 ...
Lack of competition in banking sector concerns IMF
Citing a lack of competition in the Jamaican banking sector, the International Monetary Fund (IMF) is calling for the creation of a body to oversee the implementation of measures to improve credit access. “Given the high market concentration of the banking sector in Jamaica, a thorough asses ...


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