In consultation with the Ministry of Industry, Commerce, Agriculture and Fisheries, the Cannabis Licensing Authority (CLA) has established guidelines that will now enable the online sale of medical cannabis to qualified patients and the subsequent pickup of products at licensed retail facilities. According to the CLA, the established interim measures

AS community bars and taverns across the country reopen, a coalition of beverage companies have joined forces to pump over $28 million in financial support towards reviving and providing a wide range of resources needed for the sector to recover. The project, dubbed For our Bars: For Jamaica/Fi Di Bar

The International Monetary Fund (IMF) has said that the funds approved last week under its rapid financing instrument (RFI) serves mainly as a contingency funding mechanism which is to be used by the country in cushioning the economic fallouts of the COVID-19 pandemic. Last Friday the IMF's executive board approved

Sagicor Group will not be closing any of its branches like some of its competitors, in spite of taking a $700-million hit in the March quarter due to the COVID-19 pandemic. This announcement follows news of the temporary closure of some branches of Scotiabank and National Commercial Bank. Scotiabank last

The Bank of Jamaica (BOJ) is reporting that it has reduced the cash reserve requirements for deposit-taking institutions (DTIs) by two percentage points. The move which became effective on Friday will see the cash reserves of both domestic and foreign currency being reduced. Reserve requirements are the amount of monies

So, you bought your investment-grade bond in 2016 when bonds were going for cheap … say at 100. You planned to sell at 115 and make a tidy capital gain of 15 per cent (NB: if you bought 200,000 face value of the bond, this would translate to $30,000 gain).

Despite the accelerated use of existing and new technologies and tools as COVID-19 forces the world to work remotely, some retailers are confident that brick and mortar will still be standing after the threat of the disease has receded. Anthony Pearson, managing director of Lloyd's Department Store in Montego Bay,

As economies remain under lockdown and movement restricted as a result of COVID-19, there has been the growing need for more digital payment technology to access services. The Bank of Jamaica (BOJ) has however said that only a few companies are currently authorised to provide some type of digital payment