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Bankers criticise credit-reporting bill – But see areas for compromise

Jamaica’s bankers say they are anxious for the credit-reporting bill, first mooted 10 years ago and now before a joint select committee of Parliament, to be passed into law this legislative year. Original post: Bankers criticise credit-reporting [...]

Age discrimination in the car-rental market

When renting a car with Hertz at the Norman Manley International Airport in Kingston recently, I was told that I could not insure the car because of my age. I will be 69 this year. I had to take full responsibility for damage and loss. That [...]

Pegasus goes on the market

Plans to divest the Government’s 59.81 per cent majority shares in Pegasus Hotels of Jamaica Limited have moved to the next level, with the Development Bank of Jamaica (DBJ), through its financial adviser Scotia DBG Investments, now inviting [...]

BOJ cuts rates again – As Gov’t renegotiates domestic debt repayment

The Bank of Jamaica cut rates again Thursday, a week behind its last adjustment, in a move designed to bring down the cost of funds for the Government, analysts said, but they also took it as further evidence of a new agreement on interest rate [...]

Treasury pares gains after lacklustre auction

US Treasury prices were giving up some of their gains Tuesday after a lacklustre auction of US$42 billion of two-year notes. Overall demand was weaker than at a similar auction in June, and foreign investors appeared to buying fewer notes…. See [...]
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