5:27 pm, Wed July 22, 2020 1. According to a new report from ratings agency, Moody's, the commercial aviation industry will continue to be devastated by the coronavirus pandemic for years to come. Moody's says the ripple effects will likely be felt across the entire global economy. According to the
hurricane of 2020 season 5:51 pm, Wed July 22, 2020 1. Tropical Storm Gonzalo is expected to become the first hurricane of the 2020 Atlantic hurricane season east of the Lesser Antilles, but its forecast once it reaches the Windward Islands this weekend is highly uncertain. Gonzalo is located more
Small businesses in Corporate Jamaica are looking forward to a turnaround in business with the relaxation of COVID-19 restrictions and the periodical opening of the economy. It has been four months since the coronavirus pandemic was confirmed in Jamaica. Since then, the country has been under restrictions and many small
The Jamaica Tourist Board (JTB) is predicting a bumper season for 2021, as bookings return faster than expected. While the JTB expects one million fewer visitors to Jamaica this year, it is reporting that bookings for next year have already increased by one per cent from minus 55 per cent
Employees need tools that allow them to connect across the organisation, leverage intellectual property and gain insight from each other. The digital workplace delivers on these goals by fostering a stronger sense of culture and community within the workplace.While transformation in the workplace began as far back as the agricultural
With the COVID-19 pandemic weighing on the local economy, causing social disruptions and shutdowns across sectors, consumer and business confidence took a knock during the first and second quarters of the year. This was according to the latest findings of the Jamaica Chamber of Commerce (JCC) business and consumer confidence
Scotiabank Group says its insurance business has survived well during the COVID-19 period so far. Senior vice-president for Investment and Insurance, Dr Adrian Stokes disclosed that premium lapses have surprisingly been flat so far this year, given the fallout in the economy from the novel coronavirus crisis. Speaking at a
The Jamaican economy lost $4.5 billion of real value in the March quarter, numbers that capture just the first three weeks of virus-containment measures that were cited as the cause of the decline. Economic output, measured as gross domestic product, or GDP, contracted 2.3 per cent in the period, and
The Noble Group has formed a pact with the Jamaican Government to reorganise the assets and operations of alumina refinery Jamalco into a holding company that will raise equity capital on the stock market. The company, which was unnamed, is expected to list on the Jamaica Stock Exchange, JSE. “Subsequent
ADVISORY COLUMN: PERSONAL FINANCIAL ADVISER QUESTION: Is the pension scheme still the best and safest option for ensuring financial health after retirement? – Douglas FINANCIAL ADVISER: An approved pensioned arrangement is one that is sanctioned by the Government. There are two types – a superannuation fund and a retirement scheme.
