The Jamaica Manufacturers and Exporters Association (JMEA) says based on the growing need for more exports across the Caribbean, the productive sector stands ready to supply outside markets and replace imports where necessary. According to JMEA President Richard Pandohie, with the decline in domestic demand as a result of the
KINGSTON, Jamaica — Tourism Minister, Edmund Bartlett says the reopening of the sector is crucial to assisting the over 350,000 industry workers who have been negatively impacted by the COVID-19 pandemic. He also noted that many tourism enterprises are at severe economic risk due to the global health crisis. Speaking
On Monday, insurance and financial services conglomerate Sagicor, formerly Life of Jamaica (LOJ) Limited, celebrated 50 years of operation — marking a significant milestone as a company which has had to undergo several transformative changes — much of which paved the way for its success today. Pioneered by R Danny
LAST year, IDB regional Caribbean head Therese Turner- Jones took six Caribbean ministers of information on a trip with her to visit the Baltic nation of Estonia. Even smaller than Jamaica at 1.3 million people, and with no natural resources other than forests, Estonia has become a technological powerhouse over
PLANNING their recovery from the current situation is an activity that organisations need to focus on. The situation will, however, remain fluid for many months to come and any planning needs to reflect the attendant degree of uncertainty. Resumption planning needs to embrace both the medium- (post-lockdown) and longer-term (increased
AS of June 1, 2020, the Government's general “work from home” COVID-19 order expired and has been replaced with what has been coined a “work smart, work safe” order. The Prime Minister (PM) has also urged that employees should be allowed to work from wherever they can be most effective,
Global tourism is facing an unprecedented challenge from the novel coronavirus pandemic. According to the World Economic Forum close to 90 per cent of the world’s population now lives in countries with travel restrictions; an estimated 25 million aviation jobs and 100 million travel and tourism jobs are at risk,
Despite the disruption to business activity caused by the novel coronavirus pandemic, the manufacturing and distribution sector had a relatively better March quarter than others did. In fact eight listed companies in the sector recorded an increase in earnings during the period with five experiencing contractions while only two reported
The Sagicor Group says it has used the COVID-19 crisis to ramp up its innovations in the insurance and banking sectors, and continues to participate in stimulating the economy, while protecting its staff and clients. President and Chief Executive Officer (CEO) Christopher Zacca says the company moved swiftly to implement
ON Monday, financial conglomerate Sagicor Group Jamaica Limited announced that it will begin to pay dividends to shareholders holding one per cent or less of issued shares, as at April 24, 2020, on June 11 following approval from the Bank of Jamaica (BOJ). Sagicor had postponed its previously declared interim
