Consumers continued to show confidence in the economy as the fourth quarter of 2018 saw the index increasing to 175.5 points compared with 156 at the start of the year and 148 during the corresponding period in 2017. This was largely attributed to their anticipation of jobs being created,
Hendrickson, who is in the process of redeveloping the former Wyndham hotel at 77 Knutsford Boulevard, is weighing the development of the tower on adjoining land currently in use as a parking lot. That high-rise would eclipse the country’s current tallest structure, The Jamaica Pegasus hotel, which Hendrickson also
Heart Foundation of Jamaica (HFJ) analysis showing that more than three-quarters of clients have abnormal blood pressure and that nearly 70 per cent are overweight has prompted the organisation to ramp up its sensitisation programmes in the lead-up to the commemoration of Heart Month in February. Speaking at the launch
Minister of Finance and the Public Service Dr Nigel Clarke says that a “plethora” of small- and medium-sized businesses will benefit from an allocation of $1.5 billion included in the supplementary estimates for 2018/19 for bills owed to them by government ministries, departments and agencies (MDAs). Dr Clarke told the
WASHINGTON, United States (AFP) — Here are the International Monetary Fund's latest economic growth projections for 2019 and 2020, published Monday in the quarterly update to the World Economic Outlook (WEO) . The table shows the GDP growth forecasts in percentages, with revisions from the October WEO forecast in parentheses.
PARIS (AP) — France’s data privacy watchdog fined Google 50 million euros or US$57 million on Monday, the first penalty for a U.S. tech giant under new European data privacy rules that took effect last year. The National Data Protection Commission said it fined the U.S. internet giant for “lack of
The world economy absorbed more bad news Monday The International Monetary Fund (IMF) cut its growth forecast for 2019. And China, the world’s second-biggest economy, said it had slowed to its weakest pace since 1990. The IMF cut its estimate for global growth this year to 3.5 per cent, from
Prime Minister Andrew Holness has signalled his administration's intention of tapping the Caribbean Development Bank (CDB) for competitive loan offerings to expand the country's creaking water-supply system. "Just recently, president of the CDB, Warren Smith, informed me that there are funds at that bank - very low-cost funds - which
The Ministry of Finance and the Public Service has now moved to develop a new compensation structure in the public sector, having requested expressions of interest from firms for a consultant to review pay and allowances. It says that expertise is needed to restructure compensation, "taking into account the current
From the discussions at Wednesday's meeting of Parliament's Public Administration and Appropriations Committee (PAAC), it is clear that much work is needed to ensure the effectiveness of the new Road Traffic Act when it is implemented in April. We share the concern raised at the meeting that synchronisation of the
