Jamaica’s financial market development mostly ahead of BRICs


Jamaica Observer: “Jamaica’s financial market development mostly ahead of BRICs”

JAMAICA has outperformed three of the world’s most promising economies on financial market development according to findings from the latest Global Competitiveness Report published by the World Economic Forum (WEF). The Global Competitiveness Index (GCI) ranks Jamaica at 46 out of 139 countries in financial market development in the 2010/2011 report.

Japan central bank keeps key interest rate steady


Jamaica Observer: “Japan central bank keeps key interest rate steady”

TOKYO, Japan — JAPAN’S central bank voted to keep interest rates near zero, holding off on further measures to tackle a strong yen that is undermining the country’s fragile economic recovery.


Jamaica Observer: “US will protect OLINT investors money”

THE Association of Concerned OLINT Members says the United States Government has assured them that their investments will be returned to them if OLINT’s head David Smith is convicted.

Preference shares – a viable fixed income alternative?


Jamaica Observer: “Preference shares – a viable fixed income alternative?”

What are preference shares?
Preference shares are a form of equity which represent a senior tier of ownership in a company. The structure of preference shares is usually determined by the issuing entities. They are always senior to common shares but subordinate to the debt of the company.