he life, health and well-being of domestic animals, particularly cats and dogs, can now benefit from insurance protection following the roll-out of Guardian General Insurance Limited's Pet Guard policy in the local market. Introduced during the last quarter of 2022, Pet Guard offered as a rider or policy provision can
Tax Administration Jamaica is advising that several forms have been revised during this filing period in keeping with feedback from stakeholders and international best practices. Additionally, the revised Income Tax Returns captures more information, as well as provides more convenience and efficient use for the taxpayer. Taxpayers are reminded to
Summary of Monetary Policy Discussion and Decision - February 2023 At its meeting on 16 and 17 February 2023, the Monetary Policy Committee (MPC) unanimously decided to increase by one percentage point (pp) the domestic and the foreign currency Cash Reserve Requirements (CRRs) applicable to deposit-taking institutions (DTIs), effective 01
Life insurance can be a springboard to generational wealth because it provides coverage against major illnesses and can be used to protect a family’s income in the event of the death of a breadwinner, explains Othneil Blagrove, senior manager for sales and marketing at JN Life Insurance Company. The insurance
THE Bank of Jamaica announced Monday that it will hold its policy interest rate at 7 per cent for at least the next six weeks on continuing signs that inflationary pressure is easing. Yet, a central bank frustrated that a year of rate hikes has done little to convince
The Agriculture and Fisheries Ministry is on a mission to revolutionise the sector through efficiency and sustainability and change the way Jamaicans view and approach farming. Against this background, the ministry’s latest investment, through the Rural Agricultural Development Authority (RADA), includes the procurement of two agri-spray drones to provide much-needed
The Jamaican economy grew by 3.4 per cent in the October to December quarter of 2022 compared to the last quarter of 2021, according to preliminary estimates released today by the Planning Institute of Jamaica (PIOJ). PIOJ director general Dr Wayne Henry said industries returning to surpassing pre-COVID levels and
Shaun Cameron (second right, standing), general manager, Coconut Industry Board, addressing stakeholders at the Coconut Growers' Association in August 2022. (Photo: Karl Mclarty) FACED with the ever-present threat of the lethal yellowing and bud rot diseases which have depleted the coconut stock in Jamaica, the Coconut Industry Board (CIB) is
JAMAICANS are being urged to consider a prenuptial agreement as a financial safety net in light of climbing divorce rates. In 2021 figures from the Court Administration Division revealed that 4,381 divorces were filed. That's a 18.7 per cent jump from 3,689 the previous year. There are many factors that
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