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Sat, 31 July 2010

The Economy
Opposition flays economic program Print
Written by Owen James   

opposition_flays_economic_program_tn.jpg Jamaica’s opposition spokesman on finance Dr. Omar Davies has flayed the government’s medium-term economic program, which includes several tax packages and a debt exchange program with Jamaican-based financial institutions, both projected to yield about a billion U.S. dollars.

 
Actuaries seek dialogue on debt program Print
Written by Owen James   

actuaries_seek_dialogue_on_debt_program_tn.jpg Actuaries who advise trustees and sponsors of pension funds say while they support the Jamaica Debt Exchange program, JDX, they see an urgent need for dialogue between the architects of the debt exchange and pension funds, which have a total of over 150 billion dollars in assets under management.

 
'Debt exchange will benefit businesses' Print
Written by Owen James   

debt_exchange_will_benefit_businesses_tn.jpg A major debt exchange program between the Jamaican government and the island’s financial sector will see interest rates trending down to an average of twelve and a quarter percent from highs of up to twenty-five percent.

 

 
Benefits of lower interest rates Print
Written by Owen James   

benefits_of_lower_interest_rates_tn.jpg Given the recent strong signals from the Government as it regards lower interest rates, I asked President of the PSOJ, Joseph Matalon what a concerted voluntary reduction in interest rates by the financial sector would mean for the business sector and indeed the average Jamaican.

 
Private Sector willing to help Print
Written by Owen James   

private_sector_willing_to_help_tn.jpg Prime Minister Bruce Golding has emphasized that if Jamaica is to extricate itself from the impact of the global recession interest rates have to be lowered but not by fiat.

 
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BPM unveils 'Personal Pension'

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BPM Financial launched its IRA dubbed 'Personal Pension' on July 13, 2010. It was a natural fit for a company which has been in the retirement-planning business for over fifteen years.


Usain Bolt's retirement strategy.

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Don’t panic, the world’s fastest man Usain Bolt isn’t retiring anytime soon!
However he’s prudently making serious plans for life after athlet [ ... ]


Smart Investment Options

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Janice Robinson-Longmore, Vice-President - Funds Administration at First Global Financial Services discusses the best investment options at this time.


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