Uptick in the number of persons using Lynk for remittances
Written by Super User
There is an uptick in the number of persons utilising remittance services provided through the digital payment wallet – Lynk.
Businessman Richard Pandohie has been appointed to the Board of Directors of Bank of Jamaica.
Hundreds of small business operators on board with JAM-DEX
Written by Super User
The Bank of Jamaica (BOJ) is reporting that hundreds of small-business operators have registered with its digital currency, ‘JAM-DEX’, while a pilot project involving Government payment was successfully done.
Jamaica Promotions Corporation (Jampro) participated in the UK's first Transatlantic Trade Fair for Tech Services - CrossConnect Forum for the first time on Wednesday.
Fitch Revises Jamaica's Outlook to Positive; Affirms at 'B+'
Written by Super User
Fitch Ratings has revised the Rating Outlook on Jamaica's Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) to Positive from Stable and affirmed the IDRs at 'B+'.
Finance minister opens 2023/24 Budget Debate today
Written by Super User
All eyes will be on Gordon House today when the Minister of Finance and the Public Service Dr Nigel Clarke opens the Budget Debate for the 2023/24 fiscal year.
Hill's ganja importation argument goes up in smoke - Local industry players livid
Written by Super User
News that the Cannabis Licensing Authority (CLA) has permitted a company with majority Jamaican ownership to import 140 kilograms of cannabis (308.647 pounds) for research purposes has been met with widespread scepticism by players in the industry.
IMF approves US$1.7 billion in funding for Jamaica
Written by Super User
The executive board of the International Monetary Fund (IMF) has approved US$1.73 billion in funding for Jamaica under its precautionary and liquidity line arrangement (PLL) and resilience and sustainability facility (RSF).
$460M! Biggest Super Lotto Jackpot in over 10 years up for grabs
Written by Super User
The Super Lotto jackpot prize is now at a whopping $460 million, the highest it has been since the $467 million jackpot in October 2010, Supreme Ventures Limited has announced.
Jamaican economy continues to show strong growth - BOJ
Written by Super User
Jamaica’s economy continues to show strong growth, with the 5.9 per cent out-turn for the July to September 2022 quarter being higher than the Bank of Jamaica (BOJ) projection.
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HISTORIC: Clarke tables trillion-dollar budget
Written by Super User
Minister of Finance and the Public Service, Dr Nigel Clarke on Tuesday tabled a trillion-dollar budget in the House of Representatives, the first in Jamaica’s history.
No room in upcoming budgets for salary increases due this year, says Clarke
Written by Super User
Finance Minister Dr Nigel Clarke has repeated his warning to public sector workers who are yet to accept the Government’s wage offer that there will be no room in the upcoming budget to make the payments.
FosRich goes after $2 billion solar market via microfinancing deals
Written by Super User
Lighting and electrical products distribution company FosRich has inked deals with two microfinancing companies to grab its share of the $2 billion market for solar electrical products.
BOJ insists on stringent internal auditing for all financial entities
Written by Super User
Governor of Bank of Jamaica (BOJ), Richard Byles, says the central bank will continue to insist on the existence of strong, capable and well-resourced internal audit functions in all financial institutions that the bank regulates.