BOJ confident of Jamaica being removed from Anti-Money Laundering (AML) and Counter-Financing of Terrorism watchlist

2020-11-26T20:29:19+00:00

The Bank of Jamaica (BOJ) is confident of having Jamaica removed from the international watchlist of countries with weak Anti-Money Laundering (AML) and Counter-Financing of Terrorism (CFT) regime based on the work being carried out by the bank. BOJ Deputy Governor Maureen Simms pointed out that the central bank has

BOJ confident of Jamaica being removed from Anti-Money Laundering (AML) and Counter-Financing of Terrorism watchlist2020-11-26T20:29:19+00:00

US economy grew 33.1% in Q3

2020-11-26T20:26:10+00:00

WASHINGTON, DC, United States (AP) — The second of three estimates on United States growth for the July to September quarter was unchanged at a record pace of 33.1 per cent. But a resurgence in the novel coronavirus is expected to slow growth sharply in the current quarter with some

US economy grew 33.1% in Q32020-11-26T20:26:10+00:00

Cannabis stocks surge as US election opens new markets

2020-11-26T20:22:51+00:00

LOS ANGELES (AP) — Cannabis stocks are flying high after voters in New Jersey, Arizona and three other states cleared the way for expanding legal sales of marijuana. Shares in some of the biggest cannabis companies, including Aurora Cannabis, Canopy Growth and Cresco Labs, are up between 24 per cent

Cannabis stocks surge as US election opens new markets2020-11-26T20:22:51+00:00

Agriculture modernisation project to be included in public sector investment programme

2020-11-26T20:17:59+00:00

KINGSTON, Jamaica— Cabinet has given approval for the US$25-million Modernisation of the Agriculture Sector Programme (MASP) to be included in the public sector investment programme. The initiative is a five-year project that will be executed by the Ministry of Agriculture and Fisheries and financed by a US$25-million loan from the

Agriculture modernisation project to be included in public sector investment programme2020-11-26T20:17:59+00:00

Consumers told to brace for higher fruit, vegetable prices as Christmas approaches

2020-11-26T20:14:54+00:00

Severe weather conditions over the past month along with challenges from the COVID-19 pandemic has caused vegetable prices across Jamaica to rise by an average 50 per cent in one week, November 14 to 21. Xavier Charvis, marketing officer at Rural Agricultural Development Authority, RADA, is advising consumers to brace

Consumers told to brace for higher fruit, vegetable prices as Christmas approaches2020-11-26T20:14:54+00:00

COVID-19 antigen testing being piloted at nine public health facilities

2020-11-26T20:11:24+00:00

The Ministry of Health and Wellness has commenced the pilot of antigen testing for the coronavirus (COVID-19) at nine public health facilities islandwide. The month-long exercise, which got under way on Monday, is being conducted at the Kingston Public Hospital, Bustamante Hospital for Children, and Comprehensive Health Centre in the

COVID-19 antigen testing being piloted at nine public health facilities2020-11-26T20:11:24+00:00

BOJ warns of worsening labour market conditions

2020-11-26T20:07:16+00:00

increase within the range of 13.0 per cent to 15.0 per cent, which is much higher than the 9.0 per cent recorded over the past year. The BOJ said the worsening unemployment condition is predicated on the adverse impact of the novel coronavirus. The BOJ's projections are contained in its

BOJ warns of worsening labour market conditions2020-11-26T20:07:16+00:00

Falling travel helps push remittances higher

2020-11-26T20:03:16+00:00

Remittance flows to Jamaica have risen nearly 40 per cent in the September quarter, a spike that is being attributed in part to changing travel patterns, as well as crisis support since the pandemic, according to Bank of Jamaica Governor Richard Byles. With fewer persons flying into Jamaica, persons who

Falling travel helps push remittances higher2020-11-26T20:03:16+00:00

PIOJ: Job recovery forecast at four times the pace of last crisis – Economy contracts by another 11% in Q3

2020-11-23T06:56:37+00:00

Job losses arising from the COVID-19 fallout are worse than the previous crisis in 2008, but recovery should happen four times as fast, according to Planning Institute of Jamaica, PIOJ, Director General Dr Wayne Henry. That’s due to the improved macroeconomy, he said, while addressing his quarterly briefing held online.

PIOJ: Job recovery forecast at four times the pace of last crisis – Economy contracts by another 11% in Q32020-11-23T06:56:37+00:00
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