Jamaica ready for hurricane season – McKenzie

2020-05-30T23:34:37+00:00

Minister of Local Government and Community Development, Desmond McKenzie, says that all is in place for the Atlantic Hurricane Season, which starts on June 1. “As the Minister with responsibility for disaster preparedness, I want to assure the country that all the resources that will be required to ensure that

Jamaica ready for hurricane season – McKenzie2020-05-30T23:34:37+00:00

How to survive and thrive financially amid the pandemic

2020-05-29T13:41:30+00:00

Marian Ross, vice-president of trading & investment at Sterling Asset Management, is pictured making a delivery to the Golden Age Home on Monday. It includes much-needed sanitation supplies and adult diapers as well as novels, puzzles and games for the residents from Sterling Asset Management and their clients. The emergence

How to survive and thrive financially amid the pandemic2020-05-29T13:41:30+00:00

COVID-19 tramples economic growth for April-June quarter

2020-05-29T13:35:55+00:00

HENRY... For April-June 2020, growth prospects for the economy are generally negative based on the anticipated impact of the COVID-19 pandemic, which led to a fall in demand for goods and services, amidst the full roll out of measures to contain the spread of the virus. The Planning Institute of

COVID-19 tramples economic growth for April-June quarter2020-05-29T13:35:55+00:00

CAB regards EU’s decision to ‘blacklist’ as unwarranted

2020-05-29T13:31:40+00:00

HE Caribbean Association of Banks (CAB) has described the recent decision taken by the European Union (EU) to blacklist some Caribbean countries as unanticipated and unwarranted. In a release yesterday, the regional entity which represents over 56 banks and financial institutions in the Caribbean said that the EU's decision warrants

CAB regards EU’s decision to ‘blacklist’ as unwarranted2020-05-29T13:31:40+00:00

PIOJ reports GDP contraction for remainder of this year

2020-05-29T13:27:31+00:00

The Planning Institute of Jamaica (PIOJ) said that in light of the novel coronavirus pandemic it has estimated a gross domestic product (GDP) projection of 0.1 per cent — down from the 0.6 per cent forecast previously held for this fiscal year. Speaking on Wednesday at a quarterly briefing to

PIOJ reports GDP contraction for remainder of this year2020-05-29T13:27:31+00:00

Financial sector to buckle under higher non-performing loans (NPL) because of COVID-19

2020-05-29T13:24:30+00:00

EARLY projections indicate that the financial sector is expected to buckle under higher non-performing loans, as the haemorrhaging from COVID-19 is expected to escalate. The projections done by the international auditing and management firm of KPMG, under the heading 'Credit Risk Implications of COVID-19 Crisis', estimate that non-performing loans could

Financial sector to buckle under higher non-performing loans (NPL) because of COVID-192020-05-29T13:24:30+00:00

No coverage for businesses impacted by COVID-19, says IAJ

2020-05-29T13:19:38+00:00

Insurance Association of Jamaica (IAJ) President Vernon James says while industry players empathise with businesses that have been impacted by the current health crisis, business interruption insurance clauses do not cover losses due to viruses such as COVID-19. “This risk was never priced into the premiums charged and is excluded

No coverage for businesses impacted by COVID-19, says IAJ2020-05-29T13:19:38+00:00

JEF says most members not ready for June 1 return of employees

2020-05-29T13:15:36+00:00

The Jamaica Employers Federation (JEF) says feedback received from its members indicate that most will not be ready with preparations for the June 1 return of employees to the workplace. Businesses are expected to operate within the guidelines of physical distancing and infection prevention and control amid the continued COVID-19

JEF says most members not ready for June 1 return of employees2020-05-29T13:15:36+00:00

Businesses urged to focus on queue management in light of physical distancing rules

2020-05-29T13:05:13+00:00

Local entrepreneurs are being encouraged to place more focus on queue management. This in an effort to address the issues of overcrowding and physical distancing in business places as they continue to deal with the impact of COVID-19 on their operations. The recommendation comes from Roshaine Gunter, Industrial Engineer at

Businesses urged to focus on queue management in light of physical distancing rules2020-05-29T13:05:13+00:00
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