BOJ transitions to overnight policy interest rate

Wednesday, June, 28 2017    

Bank of Jamaica (BOJ) yesterday announced that, effective 01 July 2017, its policy rate will be the interest rate that it pays on overnight deposits held by deposit-taking institutions at Bank of Jamaica. Read More

Seprod welcomes 25 graduates for internship programme

Wednesday, June, 28 2017    

The Seprod Board, led by Chairman PB Scott, approved an annual internship programme which will see manufacturing entities within the Seprod Group hiring young Jamaican graduates from local and overseas educational institutions for one year. Read More

10 things the best sales executives do

Herman Alvaranga | Wednesday, June, 28 2017    

One of the joys of conducting a sales masterclass workshop is that it is usually attended by sales executives who already have considerable selling skills and are focused on being the best that they can be. Read More

BOJ test-runs FX auction system

Wednesday, June, 28 2017    

The Bank of Jamaica (BOJ) has commenced a pilot exercise to sell foreign exchange (FX) to authorised dealers and eligible cambios via a competitive bidding process as it seeks to smooth excessive volatility in the currency market. Read More

Listing agreements: Exclusive, non-exclusive and something in-between

WITH GABRIELLE GRANT | Wednesday, June, 28 2017    

With the recent reduction in mortgage rates, Jamaica has seen a pick-up in its real estate market, with many people now looking to buy or sell properties. Read More

Great Barrier Reef a US$42 billion asset 'too big to fail' — study

Wednesday, June, 28 2017    

SYDNEY, Australia (AFP) — Australia's under-pressure Great Barrier Reef is an asset worth Aus$56 billion (US$42 billion), and as an ecosystem and economic driver is “too big to fail”, a study said Monday. Read More

Coal on the rise in China, US, India after major 2016 drop

Wednesday, June, 28 2017    

BEIJING, China (AP) — The world's biggest coal users — China, the United States and India — have boosted coal mining in 2017 in an abrupt departure from last year's record global decline for the heavily polluting fuel and a setback to efforts to rein in climate change... Read More

Golden cash machine marks ATM's 50th birthday

Wednesday, June, 28 2017    

LONDON, United Kingdom (AFP) — The automated teller machine (ATM) marked its 50th anniversary yesterday, with a British bank decorating the site of the world's first cashpoint in gold to mark the occasion. Read More

Google hit with record 2.4 bn euro EU fine

Wednesday, June, 28 2017    

BRUSSELS, Belgium (AFP) — The EU hit Google with a record 2.4-billion euro fine yesterday for illegally favouring its shopping service in search results, in a fresh assault on US firms that risks the wrath of President Donald Trump. Read More

Samsung to sell off refurbished Galaxy Note 7s — reports

Wednesday, June, 28 2017    

SEOUL, South Korea (AFP0 — The world's biggest smartphone maker, Samsung will next week start reselling refurbished Galaxy Note 7 devices after a humiliating recall over exploding batteries last year, news reports said yesterday. Read More

Russian billionaire buys Holland & Barrett

Wednesday, June, 28 2017    

LONDON, United Kingdom (AFP) — Russian billionaire Mikhail Fridman has bought British health food retailer Holland & Barrett for 1.8 billion (US$2.3 billion), his investment fund said on Monday. Read More



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