Michael Fraser is new LICA president

President and chief executive officer of Island Life Insurance Company, Michael Fraser, has been elected president of the Life Insurance Companies Association of Jamaica (LICA) for the next two-year term. Mr. Fraser, who succeeds Orville Johnson, was...

Digicel loses top executive
Digicel's director of operations, Keith Smith has left the company he joined only a year ago, to set up his own consultancy firm. A statement from the company which recently launched its mobile network in Jamaica, said that Digicel will be Mr. Smith's...

BNS reduces lending rates

Interest rates have continued to trend down with the announcement last week that the Bank of Nova Scotia (BNS) Jamaica has reduced its prime lending rate by 200 basis points, effective May 1. A release from BNS said the latest interest rates reduction..