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HEADLINES

Preview: The Advent of Credit Bureaux in Jamaica

The interview highlights the advent of credit bureaux in Jamaica and how they are likely to change the business landscape. The Strictly Business Programme highlights the answers to questions such as: Is my credit info safe? Can such information be used against me overseas? How exactly will the credit bureaux system operate in Jamaica? Full interview coming soon.

Successful Business Executive's Possible Solution to Jamaica's Budgetary Problems

Successful business executive, Richard Byles of Sagicor Life Jamaica Limited, addressed the University of Technology (UTECH) Students emphasizing that bold actions need to be taken to fix Jamaica's Budgetary problems. Mr. Byles believes that the country needs to balance between growth and cost-reduction. Cathy Lyn, the Past President of the Caribbean Actuarial Association also addressed pensions and important aspects of personal finance.

Trevaughn Wins Q1 of the Young Investors

The winner of the first quarter of the 2012 edition of the Young Investors stock market competition is Trevaughn Morris who has been consistent throughout the first quarter. Trevaughn made a profit of over $193,349.63. Trevaughn is followed by Shane Hylton, Sherry Perrier and Lloyd Smalling. Shane has made a profit of over $173, 567.33, Sherry - $138, 800.90 and Lloyd Smalling made $35,100 profit.

IMF Says Jamaica Faces Strong Downside Risks

Economic Storm clouds are ahead for Jamaica. An IMF team which visited Jamaica this month for Article Four consultations is warning that the island’s fragile recovery faces strong downside risks. The IMF says the island faces strong downside risks with growth for the upcoming fiscal year projected to remain low.