Following its 65 per cent acquisition of Key Insurance, GraceKennedy (GK) Group CEO Don Wehby has indicated that the top priority is to turn around the insurance company from its current loss-making status to a sustainably profitable company. Wehby advised that a team, headed by GraceKennedy Financial Group Chief Operating
The Jamaica Business Development Corporation (JBDC) has said that it will be seeking to maintain its support and communication with the micro, small and medium –sized enterprises during the onslaught of the coronavirus disease (COVID-19) on the island. Chief executive officer (CEO) of the JBDC, Valerie Veira said that while
MANCHESTER, Jamaica — President of the Jamaica Association for the Resettlement of Returning Residents, Percival LaTouche, has labelled the Government's restriction on the elderly in a bid to fight the novel coronavirus (COVID-19) outbreak as absurd. “I hear the prime minister say on Monday that after age 75 you must
Prime Minister Andrew Holness says special provisions have been made in the government’s COVID-19 stimulus package to provide financial assistance to Jamaicans 75 and older who must now remain indoors. The order restricting the movement of these persons took effect today. Under the order, these individuals may only leave
As the number of confirmed cases of the novel coronavirus disease (COVID-19) increases in Jamaica, private sector organisations have committed to assisting the Government with the resources needed to effectively manage the cases. Private Sector Organisation of Jamaica (PSOJ) members across various industries have now joined forces and committed to
Sagicor Financial Limited has committed to donating US$1 million in the fight against the pandemic of the novel coronavirus disease in Jamaica and the wider Caribbean. In a release on Friday the entity said that as the region's leading insurance provider they have taken this step in a bid to
he World Bank has approved US$70 million in budget support financing to Jamaica to support the country's reform programme and efforts to strengthen and accelerate recent gains in fiscal consolidation and sustainable growth. The multilateral lending agency on Thursday approved the first Economic Resilience Development Policy Loan (ERDPL I),
People walk upon arrival at the Malpensa airport of Milan, Italy, Sunday, March 22, 2020. For most people, the new coronavirus causes only mild or moderate symptoms. For some it can cause more severe illness, especially in older adults and people with existing health problems. WASHINGTON DC, USA (AP)
Fears are running high due to the rising COVID-19 pandemic. It is expected that this will continue to have an impact on the mindset of investors, and thus, impact markets as is currently being seen on local and international markets. However, the negative impacts on the market will only happen
Eight days ago, Jamaica confirmed its first COVID-19 case. This was inevitable as the world has been dealing with the virus since mid- November, when the first case was reported in China. It has taken some three months to get to Jamaica, and during that time it is obvious that
