Administrators of the Lynk digital payment wallet are assuring that the platform has built-in mechanisms to protect users from fraud and theft. The wallet, an app that can be downloaded on mobile devices, facilitates transactions involving the Bank of Jamaica’s (BOJ) Central Bank Digital Currency (CBDC) – ‘JAM-DEX’. Chief Product Officer for Lynk, John Matthew Sinclair, told JIS News that...

Caribbean Information and Credit Rating Services Limited (CariCRIS) has reaffirmed the assigned Issuer/Corporate Credit Ratings at CariBBB+ (Foreign Currency Rating) and CariA- (Local Currency Rating) on the regional scale and jmAA (Local Currency Rating) and jmAA- (Foreign Currency Rating) on the Jamaica national scale to the US$5 million notional debt issue of the Development Bank of Jamaica. In a release...

Director General, Statistical Institute of Jamaica (STATIN), Carol Coy, presents a gift to Ambassador of the People’s Republic of China to Jamaica, His Excellency Chen Daojiang during a courtesy call paid on her at the offices of the Statistical Institute of Jamaica on September 14.

Persons using special payment wallets to acquire Central Bank Digital Currency (CBDC) locally, are being assured that the process is easy. Digital payment wallets are the platforms being used for transactions involving the Bank of Jamaica’s (BOJ) CBDC - ‘JAM-DEX’. National Commercial Bank (NCB) has facilitated the provision of the sole digital wallet introduced so far – Lynk. Chief Product...

Tariq Alli, a citizen of Trinidad and Tobago, has been appointed by the Inter-American Development Bank (IDB) as General Manager of the Caribbean Country Department and IDB Country Representative for Jamaica as of September 1st, 2022. Mr. Alli has over 20 years of experience in corporate finance spanning debt capital markets, deal origination, syndication, and structuring. He previously held several...

Two students pursuing studies in medicine and nursing at the University of the West Indies (UWI) have received scholarships valued $2 million from the V. Mansukhani Foundation to offset their tuition. The students are 23-year-old Gavieal Gordon, who received $1.5 million to continue on her journey towards becoming a cardiothoracic surgeon, while 21-year-old Zoe Hitchins has been awarded $500,000 to...

Tax Administration Jamaica (TAJ) is reminding business persons that their 3rd quarter Estimated Corporate Income Tax and Self-employed Statutory Payments are due on Thursday, September 15, 2022. Additionally, Employer’s Monthly Statutory Payroll Deductions (S01) for the month of August are due on September 14. These include: • Statutory Deductions (S01) for August • Estimated Corporate Income Tax (3rd quarter) •...

Monday, September 12 is Census Day, and it will serve as the reference point for the data being collected during Jamaica’s 15th Population and Housing Census over the ensuing three months. The census is a count of the country’s population and provides social and demographic data, details of the housing stock, information at the community level, and on hard-to-count individuals...

The Jamaica Customer Service Association (JaCSA) is inviting 5,000 participants from across the globe, to join its free 2022 National Customer Service Week and Excellence Conference. It will be held virtually from October 4 to 5, as part of activities marking National Customer Service Week, from October 2 to 8. The conference aims to promote customer service excellence within the...