Archive for the ‘Features’ Category

Starting a business in Jamaica

By deshoda • Feb 17th, 2008 • Category: Business, Features

Are you interested in starting a business in Jamaica? Maybe you are just moving down there, and would like a steady income, or perhaps you are just looking to retire and set up a small shop to keep you occupied. Setting up a private LLC, or Limited Liability Company can be done fairly cheap, and […]

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Cash Plus account closed

By nix_b • Feb 3rd, 2008 • Category: Articles, Features

On Friday, February 1, 2008 Justice Marva McIntosh ruled that Cash Plus was in breach of its contract with NCB by failing to provide “vital information” and as such granted NCB permission to close Cash Plus’s accounts with the bank.Cash Plus earlier in the month (January 24ths) had “cried uncle” […]

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Cash Plus remains an NCB customer

By deshoda • Jan 18th, 2008 • Category: Features

The Carlos Hill-led Cash Plus Ltd. will continue to be a customer of the National Commercial Bank (NCB) as the Court of Appeal yesterday ordered that nine of 26 accounts must not be closed.
An injunction, in relation to the nine accounts, is to remain in force until the matter returns to the Supreme Court on […]

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Cash Plus gets stay of execution

By deshoda • Jan 17th, 2008 • Category: Features

Alternative investment scheme Cash Plus Ltd. yesterday got a stay of execution of the cease-and-desist orders which the Financial Services Commission (FSC) had issued last month.
The investment club, however, is not satisfied with the strict conditions which were imposed with the stay.
Justice Patrick Brooks, in granting the stay of execution, ordered that Cash Plus should […]

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Government walks fine line - Cabinet throws support behind FSC - Leaves room for legal operation of investment schemes in Jamaica

By deshoda • Jan 9th, 2008 • Category: Features

Cabinet has thrown its support behind the Financial Services Commission (FSC) after examining the controversial treatment of investment schemes.
However, Don Wehby, Minister without Portfolio in the Ministry of Finance and the Public Service, yesterday left room for amendments to law which could pave the way for such schemes to operate legally and flourish.
Minister Wehby said […]

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Higgins Warner flouts court order to repay investor

By deshoda • Jan 9th, 2008 • Category: Features

Operator of Higgins Warner investment club, Emile Max Higgins, has reportedly failed to comply with a Supreme Court order to repay US$42,000 (approximately J$2.7 million), plus interest in the sum of J$14.8 million, to a local investor.
The judgment was granted by the civil division of the court on October 24, 2007, to Kingston businessman Aldbury […]

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Olint Judgment

By Legal Guy • Jan 1st, 2008 • Category: Features

Here is a soft copy of the Olint Judgment for your viewing. Just click and download
Olint Judgment

Related PostsOlintYou get on average 10 % per month, like stocks, it’s a high risk investment. But only two other orga…Olint, LewFam lose to FSCForeign exchange trading clubs Olint Corporation Ltd and LewFam Investments on Monday lost their bat…F1 […]

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Interview No. 1

By deshoda • Dec 15th, 2007 • Category: Features, Podcast

An interview with member of public, Mark Duncan who is a masters student in economics. The interview is mainly about the investment clubs in Jamaica in general and recent headlines….enjoy.
Related PostsInterview No. 1An interview with member of public, Mark Duncan who is a masters student in economics. The interview…Interview with Dennis Chung on NationwideInterview with […]

 
icon for podpress  Interview No. 1: Play Now | Play in Popup | Download
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Cash Plus Christmas Bonanza

By news • Nov 29th, 2007 • Category: Features, Investment

Refer 5 People and receive a weekend at Hillshire Montego Bay
Refer 10 People and receive a motorcycle
Refer 20 people and get a car down payment
Refer 40 people and get a home down payment.
For more information contact 876-620-4506 (cash plus customer care)
Members Only

Related PostsNotice from WorldwiseFrom The Chairman’s Desk

Dear Partners,

As a valued business
Partner of World Wise […]

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Tax on Investments

By news • Nov 11th, 2007 • Category: Features, News

This is a public notice from the Tax Administration of Jamaica Published in the Arts section of the Sunday Gleaner dated: November 11, 2007.
Under section 5(1) subsection (b) of the Income Tax Act, ANNUAL SUMS earned. including interest, are subject to income tax. The public is advised that income tax is due on any interest […]

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