HE Bank of Jamaica (BOJ) has announced an eight-point pre-emptive monetary strategy to assure financial institutions and the public that there will be adequate access to both Jamaican dollar and foreign currency liquidity in wake of the escalating COVID-19 pandemic. BOJ Governor Richard Byles, who announced the measures in a
The International Monetary Fund (IMF) is reporting that negative growth is not an unlikely scenario this year amid the covid 19 pandemic. The multilateral agency says the world economic slowdown and disruption in supply chains, the decline in commodity prices, the contraction in tourism and the sharp tightening of global
US President Donald Trump and the Senate have agreed a massive economic relief package worth more than $1.8 trillion. The package includes money to bail out industries that have been affected by the coronavirus crisis. It reportedly includes payments of $1,200 to most American adults and aid to help small
The closure of some hotels and restrictions on opening time for markets due to the COVID-19 crisis have started to have a ripple effect on farmers. Several farmers from southern St. Elizabeth say they are experiencing losses as vendors are purchasing less. The farmers from communities such as Newell, Flagaman
Tokyo Olympics postponed to 2021 Loop Sports Created : 24 March 2020 Coronavirus The Olympic Rings are displayed at the entrance of the IOC, International Olympic Committee headquarters during the coronavirus disease (COVID-19) outbreak in Lausanne, Switzerland, Tuesday, March 24, 2020. (Jean-Christophe Bott/Keystone via AP). AddThis Sharing Buttons Share to
Minister of Finance and the Public Service, Dr Nigel Clarke says Jamaica is in for a negative economic shock. Commenting on the trajectory of the coronavirus (COVID-19) globally and the start of community spread locally and measures aimed at containing the virus, Clarke said: "We need to be prepared for
9:05 am, Thu March 26, 2020 Airbnb Incorporated yesterday held a phone meeting with bankers to discuss extending a US$1- billion debt facility as the home rental start-up grapples with a slowdown due to the coronavirus. Several Jamaican property owners have listings on the Airbnb platform. According to a Reuters
Candle in the Dark, a Manchester-based charity that provides for the homeless and mentally-challenged, received financial support from Sagicor Life Jamaica during an awards ceremony by the company’s Mandeville branch recently. The Mandeville branch handed over a cheque valued at $50,000 to the charity at the ceremony, held the Moreland
says Clarke Loop News Created : 25 March 2020 Coronavirus Minister of Finance and the Public Service Dr Nigel Clarke AddThis Sharing Buttons Share to Facebook Share to TwitterShare to LinkedInShare to WhatsAppShare to MessengerShare to EmailShare to TelegramShare to More Minister of Finance and the Public Service, Dr Nigel
Guardian Life Limited and the Guardian Group Foundation have made a much-needed contribution to the Jamaican health sector with the donation of a ventilator valued at $4.3 million, to the Victoria Jubilee Neo-Natal Ward and by extension, the Kingston Public Hospital; this as the nation grapples with the coronavirus
