Scotiabank Jamaica in mid-October 2009,
announced another reduction in interest rates – this time a sixty-two-and
–a-half basis-point cut in the base rate used for commercial credit.
The reduction scheduled to become effective
November one, 2009
brings Scotiabank’s base rate to 19.87 percent – the lowest in the commercial
banking sector.
Scotiabank Jamaica on October 12, 2009 launched a
five-hundred-million-dollar pool of low-cost funds geared at stimulating growth
in the productive sector.
Despite the impact of the global recession
on Jamaica,
business and consumer confidence generally stabilized in the third quarter of
the calendar year 2009, but the island is still in the grip of crippling
negative global economic trends.
In this recessionary period, consumers have to become savvier in terms of budgeting and even the type of appliances they purchase. Owen James visited the 42 year old, Jamaican owned service company, [ ... ]
Undoubtedly there are various costs associated with
death. However, few know that death taxes fall in that category. Estate Planning
Consultant, Denise Henry James, elaborates on the type and amoun [ ... ]
Managing Director Prime Asset Management Limited, Rezworth
Burchenson, takes time out to review the benefits of having an Individual
Retirement Account.