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3 10, 2017

Overseas Headlines – October 03, 2017

2017-10-03T14:17:32-05:00

Europe: EU to reform sales tax, end appeal of low-rate states in blow to Amazon The European Commission will propose on Wednesday changes to the way sales taxes are levied in the European Union with the aim of tackling fraud and curbing firms’ excessive tax-planning, a move that could hit U.S. online retailer Amazon (AMZN.O).

2 10, 2017

SIJL:Special Advisory

2017-10-02T19:18:22-05:00

Scotia Investments Jamaica Limited (SIJL) has advised that the Supreme Court of Jamaica has approved and sanctioned the Scheme of Arrangement pursuant to which stock units in the Company (other than those held by Scotia Group Jamaica Limited) will be cancelled in consideration for cash payments J$38.00 per stock unit (payable to stockholders in Jamaica

2 10, 2017

KEY: Special Advisory

2017-10-02T19:17:58-05:00

Key Insurance Company Limited (KEY) has advised that Natalia Gobin-Gunter, Executive Board Chairman and Kala Abrahams, Executive Director, have resigned from the positions Deputy Managing Director and Purchasing/Web Operations Manager respectively effective September 30, 2017.  Natalia Gobin-Gunter and Kala Abrahams will continue to execute their duties as non-executive directors.

2 10, 2017

Jamaican economy contracts 0.1% for the second quarter of 2017

2017-10-02T15:48:43-05:00

The Jamaican economy recorded a 0.1% contraction for the second quarter of 2017 compared to the corresponding quarter of 2016 as indicated by the Statistical Institute of Jamaica (STATIN). The decline was attributed to a 3.3% decrease in the Goods Producing industries as the Agriculture, Forestry and Fishing and Mining and Quarrying industries declined. In

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