Jamaica is far advancing its regulatory and monitoring regime for the proliferation of fifth generation (5G) mobile technology services in Jamaica. Already the regulator of mobile technology in Jamaica, the Spectrum Management Authority (SMA), is laying the groundwork for the onset of 5G services locally. 5G is expected to increase
Amid rising cybercrimes and sophisticated digital attacks on companies globally, a British Caribbean Insurance Company (BCIC) executive has said that the underwriting company is in the process of adding cyber insurance as a new line to its already extensive list of products. Lori-Ann Glasgow, general manager of marketing at
Jamaicans infected with COVID-19 will soon have access to the antiviral drug Remdesivir which has proven to shorten the recovery time for some patients. The Ministry of Health and Wellness has indicated that it will be procuring supplies of the drug through the National Health Fund to treat COVID-19 patients
The freshly released Bank of Jamaica (BOJ) report for remittances for the month of July 2020 indicates that inflows continue to climb year over year. January to July 2020 remittance inflows totalled US$1555.1 million, central bank data shows. This compares to US$1371.8 million registered in the comparative January to July
President of the Jamaica Chamber of Commerce (JCC) Lloyd Distant Jr says responses to the fallout from the COVID-19 pandemic for those operating in the informal economy cannot separate the health and economic impact and to this end must include a multi-track strategy that combines a couple lines of action.
Nestlé Jamaica Limited has introduced a new line of roast and ground coffee as well as roasted whole beans to the local market under a partnership with boutique roasters Stoneleigh Coffee. According to the Switzerland-based company, which is celebrating its 80th year of operations in Jamaica, the Nescafé Jamaican Roast
Amid the global scare of markets collapsing due to significant fallout from the novel coronavirus pandemic, some financial advisors have cited US dollar (USD) bond investments as better avenues for preserving wealth during these unprecedented times. Speaking on Monday (October 12) in a Sterling Asset Management webinar aimed at addressing
The executive secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), Alicia Bárcena, says that the private sector – and chambers of commerce in particular – will play a key role in the economic recovery of the region from the coronavirus (COVID-19) crisis. In her remarks
The significant potential of Jamaica's legalised medical marijuana and hemp industry is resulting in a foreign invasion, as another overseas company has entered the fray in getting provisional licences to do business here. US-based provider of hemp consumable product lines, CBD Unlimited, has received provisional approval for two licences from
4:43 pm, Tue October 13, 2020 1. 00:00 00:31 Courtney Allen, Senior Director in the Sector Analysis Department at the Central Bank The Bank of Jamaica says the new basket of goods used to measure inflation will provide a better picture of monthly movement in consumer prices. Data will be
