IMF staff concludes visit to Jamaica
From Caribbean News Now KINGSTON, Jamaica — An International Monetary Fund (IMF) staff team led by Uma Ramakrishnan visited Kingston from June 11 to 15, 2018, to take stock of progress on Jamaica’s economic reform program supported by the IMF’s…
Bitcoin Exchange, Caricoin, trying to enter Jamaica – discussions with BOJ under way
By McPherse Thompson From Jamaica Gleaner A new player is trying to set up a bitcoin exchange in Jamaica as the first-known operator in the virtual currency space locally, but it needs the approval of the Bank of Jamaica. The central…
Cayman Islands tax haven holds more Japanese money than ever
By SHOHEI MAKIUCHI From The Asahi Shimbun Japanese investments in financial securities in the Cayman Islands, a British overseas territory in the Caribbean Sea known as a major tax haven, have hit a record high, according to the Bank of…
Japan starts negative interest rates to boost economy
From Newsmax (AP) The Bank of Japan on Friday said it will charge lenders that leave too much cash on idle deposit with it, introducing a negative interest rate policy for the first time as it seeks to shore up…