A raft of new stimulus incentives for the tourism sector, which is trying to make up for lost ground from the COVID-19 pandemic, is being rolled out by the Government. This new stimulus package is in addition to the $1.2 billion which the Government announced for the sector at the
THE Jamaica Deposit Insurance Corporation (JDIC) recently said that the build-up of funds secured to provide protection for the depositors of financial institutions under the deposit insurance scheme now totals approximately $26 billion. Chief executive officer (CEO) of JDIC, Antoinette McKain said the fund, which has been built up
Have you ever been physically ill? Had car troubles or been in an accident? Experienced leaky pipes or electrical issues in your home? If so, did you just sit back and hope these issues would disappear on their own, or did you call in the doctor, car mechanic, plumber or
WASHINGTON (AP) — Americans' household wealth rebounded last quarter to a record high as the stock market quickly recovered from a pandemic-induced plunge in March. But the gains flowed mainly to the most affluent households even as tens of millions of people endured job losses and shrunken incomes. The
naugural Community Heroes Awards initiative. President and CEO of Sagicor Group Jamaica, Christopher Zacca said the awards are intended to give back to people in the communities where the group operates, while celebrating everyday heroes who go above and beyond to help others. “Now more than ever, with the global
Published:Sunday | September 20, 2020 | 6:33 AMNeville Graham - Business Reporter File Managing Director of IronRock Insurance Company Limited Evan Thwaites. General Insurance company IronRock is still a young buck in a market that it entered as a start-up over four years ago with a tech strategy for insurance
The Bank of Jamaica’s current estimates of the fallout in foreign exchange inflows for the 2020/21 fiscal year are in a best-case scenario US$800 million and a worst-case scenario US$1.4 billion. The BOJ says it has already compensated for a large part of the foreign exchange deficit. The central bank provided roughly US$700
7:40 pm, Thu September 10, 2020 1. Amazon is hiring 33,000 new employees. The e-commerce firm says the job vacancies are in corporate and technology, with pay for many positions rising into six figures. On average, the jobs will offer a total annual compensation of $150,000, including salary and stock
11:31 pm, Fri September 11, 2020 1. Health Minister Dr. Christopher Tufton - (Photo by JIS/Rudranath Fraser) 00:00 01:29 Dr. Christopher Tufton Health Minister Dr. Christopher Tufton has said a decision will be made on the use of rapid COVID-19 tests, following a meeting with health experts next week. He
A first ever in Jamaica is taking place next month when the Jamaica Co-operative Credit Union League (JCCUL) rolls out it debit Mastercard to credit union members. JCCUL's Chief Executive Officer Robin Levy, who made the announcement in an interview with the Jamaica Observer's Caribbean Business Report (CBR), disclosed
