KINGSTON, Jamaica — The Government is to place major focus on the development of an electric motor vehicle policy, which will create an enabling environment for the use of the technology in the public transportation space. Electric vehicles are believed to be significantly cleaner and safer for the environment than
Philip Armstrong, one of the more senior members of the Sagicor Group executive team, will leave the insurance conglomerate at the end of May, according to a market filing on Tuesday. His departure, set for May 24, comes amid what seems to be a management shuffle at Sagicor Group as
The Statistical Institute of Jamaica (STATIN) is reporting that the country's trade deficit for 2018 amounted to $4.2 billion. That was a 1.8 per cent increase over 2017. STATIN says expenditure on imports amounted to $6 billion which was 10.7 per cent higher than the similar period in 2017. Revenue
1:23 pm, Wed February 27, 2019 Government pensioners are scheduled to receive an increase in the upcoming financial year, following approval by Cabinet. Information Minister Ruel Reid made the announcement Wednesday morning at the Post-Cabinet Press Briefing. He did not outline the level of increase, saying only that the details
The Bank of Jamaica, BOJ, will be reducing the cash reserves that deposit-taking institutions are required to hold against their prescribed liabilities by three percentage points to nine per cent, effective March 1. The move is being made as part of the effort to improve the institutions’ ability to provide
The International Merchandise Trade (IMT) presents the value of goods entering and leaving Jamaica. The Jan-Dec 2018 Interna>onal Merchandise Trade Bulle>n outlines addi>onal informa>on and may be obtained from the Sta>s>cal Ins>tute of Jamaica’s ?ebsite at ???.sta>n@a.gov.@m or from the Ins>tute’s Library at 7 Cecelio Avenue, Aingston 10.International Merchandise
Kingston: February 25, 2019: Jamaica’s trade deficit at the end of the January to December 2018 stood at US$4,246.8 million, 1.8 per cent above the US$4,169.8 million which was recorded for the similar review period in 2017 according to the International Merchandise Trade (IMT) Bulletin released today (February 25,
