KINGSTON, Jamaica — Prime Minister Andrew Holness says the Port Royal Development project is being pursued in a “very holistic way” with the participation and support of residents, who must own the development. “We cannot displace the people who live in Port Royal; they must become a part of the development,” he said.
KINGSTON, Jamaica — The 2019/20 budget is being increased by approximately $8 billion, according to the supplementary estimates for the fiscal year. The estimates which were tabled by the Minister of Finance and the Public Service, Dr Nigel Clarke, in the House of Representatives today, showed no increase in
The Jamaica dollar closed 2019 at $132.57 versus the US dollar, an annual depreciation of 3.7 per cent. This year-over-year change in the exchange rate was moderate compared to annual depreciation of 2.1 per cent in the previous year and appreciation of 2.8 per cent in 2017. Since the
THE Statistical Institute of Jamaica (STATIN) in its latest labour force survey findings has indicated that the country's unemployment rate continues to trend downwards while female employment increases. The country's chief data processing entity, while presenting its review at a media briefing held at the Knutsford Court Hotel on Friday,
GraceKennedy and the Musson Group have partnered to enter the group health and life insurance market under the name Canopy Insurance Limited. In a statement this afternoon, the company said it is ramping up preparations to begin operations in the second half of this year. The new venture recently received successful
The All Jamaica Consumer Price Index recorded an inflation rate of 0.5 per cent in December 2019, resulting in the calendar year inflation rate of 6.2 per cent, according to the Consumer Price Index (CPI) Bulletin – December 2019. The Statistical Institute of Jamaica (STATIN), which released the figures
KINGSTON, Jamaica — The Government says it is placing priority on ensuring that Jamaica's small businesses will benefit from 20 per cent share of the Government's procurement spend this year. Minister of State in the Ministry of Industry, Commerce, Agriculture and Fisheries Floyd Green, who made the disclosure, noted that
As of January 25, 2020, the process to obtain a Provisional (Learner) Driver's Licence will change. Persons wishing to obtain a “Learner's Licence” will now first have to visit any of the Island Traffic Authority (ITA) Examination Depots to do the multiple choice Road Code Test, as part of the
Shani McGraham-Shirley, patron of Sagicor Sigma Corporate Run addresses Editors and Reporters at Jamaica Observer's Monday Exchange at the newspaper's Beechwood Avenue office yesterday. Numerous individuals at home and abroad now have the opportunity to participate in the Sagicor SIGMA Corporate Run with the introduction of the 'My Sigma Virtual
Strong Howling Winds to Continue to Impact the Caribbean January 11, 2020 Strong Howling Winds to Continue to Impact the CaribbeanDale C.S. Destin | Strong howling winds are expected to continue across much of the Caribbean Basin through Tuesday. These huffing and puffing, big bad wolf winds are causing notable socio-economic
