Bank of Jamaica (BOJ), during the period July 16, 2020 to August 14, 2020, issued an expression of interest (EOI) inviting technology providers to submit proposals to support testing a central bank digital currency (CBDC) solution in BOJ's Fintech Regulatory Sandbox. The requirement, inter alia, was for the CBDC solution
Scotia Group Jamaica, SGJ, the second-largest banking conglomerate, reported $2.8 billion in net profit for the July 2021 third quarter, or nearly double last year’s levels, but still down by one-third over 2019 pre-pandemic levels. “Recovery is imminent,” said SGJ President and CEO Audrey Tugwell-Henry at a press briefing held
China’s import and export growth accelerated in August despite disruptions due to the spread of the coronavirus’ delta variant. Exports rose 25.6 per cent over a year earlier to US$294.3 billion, up from July’s 18.9 per cent growth, customs data showed Tuesday. Imports rose 33.1 per cent to US$236 billion,
Private sector stakeholders are warning that there could be more layoffs on the horizon if the Government's no-movement days continue. Former president of the Jamaica Chamber of Commerce (JCC) Larry Watson said retailers are feeling the pinch now more than ever with only two and a half days to secure
Jamaica's E-commerce National Delivery Solution (ENDS) launched upgraded software on August 11, 2021 re-registered old and added new applicants resulting in over 471 businesses being registered and 341 getting approval, the company reported on September 8. Businesses now include restaurants, vendors, supermarkets, cafés, beverage providers, cooking gas companies, pharmacies, health-care
AddThis Sharing Buttons Share to Print Share to FacebookShare to TwitterShare to EmailShare to More 2 AS the group continues to rationalise itself from a conglomerate of companies to investment portfolio management, Massy Holdings Limited has announced the sale of its Massy United Insurance Limited (MUI) subsidiary to Bermuda-based Coralisle
REMOTE working, work-from-home, or WAH (work-at-home) arrangements implemented as part of efforts to contain the spread of the novel coronavirus disease could lead to reconfigurations of leased commercial space for some time to come. Michael Neita, chief executive officer (CEO), Victoria Mutual Property Services Limited (VMPS), told the Jamaica Observer
JAMAICA Producers (JP) Group recently expanded into the European juice market following its acquisition of a 50 per cent interest in CoBeverage Lab, S.L. (CBL), a fresh juice manufacturer based in Barcelona, Spain. Through its acquisition of CBL, which serves a wide range of customers in southern Europe, JP is
CHICAGO, United States (AP) – United Airlines says that more than half its employees who weren't vaccinated last month have gotten their shots since the company announced that vaccines would be required. The airline's 67,000 US-based employees face a September 27 deadline for getting vaccinated. United said yesterday, however, that
AFTER LOSING two loved ones to COVID-19 this year, Monica Robotham is on a mission to ensure that she encourages and mobilises as many people as possible to get vaccinated against the virus. Three members of Robotham’s family were among the hundreds of persons who came out to get vaccinated
