Let’s do the reverse of FATCA for Jamaica – Halsall

KINGSTON, Jamaica - Myrtle Halsall, senior deputy governor of the Bank of Jamaica, is suggesting that, as a countermove, Jamaica could initiate steps to get financial information on nationals living in the United States (US) in much the same way the US authorities are seeking to do with its Foreign ...
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FATCA looms: Auditors need to place it on their radar

KINGSTON, Jamaica - During an enlightening presentation to internal auditors at a recent meeting of the Institute of Internal Auditors (Jamaica chapter) by Mr George Roper, Scotiabank's, vice-president for compliance, the cold, hard facts of FATCA were expounded. FATCA is the Foreign Account Ta...
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Randle to get honorary doctorate from UWI

KINGSTON, Jamaica - BUSINESSMAN AND publisher Ian Randle is to receive an honorary doctorate from the University of the West Indies (UWI). He is to be conferred at the annual graduation exercise on the St Augustine campus of the university in Trinidad and Tobago in October of this year. A pioneer i...
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EDITORIAL: This challenging children problem for Jamaica govt

BRIDGETOWN, Barbados - VARIOUS MEMBER STATES of the Caribbean Community (CARICOM) face social, economic and political challenges at this time. It could, however, be quite disturbing to learn that Jamaica is not alone in having the very serious problem of thousands of its children living without birt...
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EDITORIAL - Mr Obama should be careful in Syria

KINGSTON, Jamaica - Barack Obama, the American president, is a history buff who likes to bone up on the policies and strategies of his predecessors. As he moves to concretise his decision to provide arms to Syrian rebels, Mr Obama should probably reflect on a country called Afghanistan, where he is...
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JLP wants named of former opposition legislator cleared

KINGSTON, Jamaica, CMC – The Jamaica Labour Party (JLP) says it still wants the name and reputation of its former parliamentarian, Joseph Hibbert, cleared even though he died of a massive heart attack over the weekend. Hibbert, 65, an engineer, died at hospital. In 2009 he resigned as junior ...
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FATCA: Will it harm our economy?

KINGSTON, Jamaica - It now seems that our money is going to be controlled once more by external governments and their regulations. There will be instituted in our banking regulations a requirement for some additional information on clients' funds, and their source of funds, especially if they ha...
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Sugar losing grip on Europe

KINGSTON, Jamaica - It is quite possible that in less than a decade from now, raw Caribbean sugar will cease to enter the European market. If as seems likely this happens, it will bring to an end not just the preferential arrangements that Africa, Caribbean and Pacific (ACP) sugar producers have enj...
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No need for a trade war between Jamaica and Trinidad and Tobago

KINGSTON, Jamaica – The state of the Jamaican economy and the increasing hostility to trade with Trinidad and Tobago by Jamaican manufacturers are matters that should concern all of the other 13 member countries of the Caribbean Community and Common Market (CARICOM). It may be that in some for...
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