OVER 2,000 residents of Fellowship, Portland, are expected to benefit from the installation of a comprehensive early flood warning system to assist the community in managing potential flood-related disasters. The equipment was received at a handover ceremony last Thursday at the Fellowship Baptist Church. The community is vulnerable to flooding
Wages in the US grew at their fastest pace for nine years last month. The US Labor Department said wages grew at an annual rate of 3.1 per cent in October, accelerating from a rate of 2.8 per cent the month before. The economy also added 250,000 jobs last month,
JAMPRO President Diane Edwards says Jamaica will have to improve its pace in implementing business reforms in order to rise to the Top 10 ranking in the Doing Business Report. The JAMPRO President made the comment in response to the newly published 2019 Doing Business Report, which has ranked Jamaica
The Jamaica Employer's Federation (JEF), while welcoming the increase in the employment rate, says the focus should now be on whether it can be accelerated. Data from the Statistical Institute of Jamaica show that 20,000 new jobs have been created in the country since the start of the year. That
The “Service Workers and Shop and Market Sales’ industry group accounted for the highest number of persons employed – 290,700 as at July 2018. According to the Statistical Institute of Jamaica (STATIN) labour force survey for the month, the figure is 13,600 more than the 277,100 persons recorded for July
The recent and persistent hysteria about Chinese investment requires some clarification. First, Chinese flows into Jamaica are of two kinds: (a) loans to the Government to finance infrastructure development and construction carried out by Chinese companies, for example China Harbour; and (b) direct foreign investment such as the takeover of
Sprint star, Ambassador Dr Shelly-Ann Fraser-Pryce has been booked to deliver the keynote address at the 28th Annual Conference of the Caribbean Actuarial Association (CAA) under the theme 'Running the Risk'. The Jamaican Olympic sprint legend, turned, among other things, businesswoman and philanthropist, will join a host of distinguished speakers
September 2018 marked the 10th anniversary of the collapse of the investment bank, Lehman Brothers, which is seen as the start of the Great Recession. Apart from the huge loss of wealth, jobs and housing by ordinary people in many developed economies, the recession had a truly profound global impact
The Airbnb community in Jamaica featured 3,700 active hosts on the company's platform, according to Leila Suwwan of the Airbnb Latin America unit. That's 600 more than the numbers in December when the platform registered 3,100 active hosts and 5,900 active listings. The Jamaican government has been trying to keep
KINGSTON, Jamaica -- Finance Minister, Dr Nigel Clarke, says 90 per cent of Jamaica's outstanding debt to the Export-Import Bank of China will be repaid in 10 years. Dr Clarke said that 99 per cent of the loans secured from China on behalf of Jamaica are at fixed interest rates
