PETROJAM says that after six months of implementation it has made a smooth transition to supplying the very low sulphur heavy fuel oil, which is used in the marine sector. A release from the company stated that on January 1, 2020, the International Maritime Organization (IMO) introduced new regulations to

JAMAICA'S micro financiers are concerned that they are not included in the deliberations on post-COVID-19 economic recovery, including at the level of the task force appointed to make recommendations to the Government. Acting president of the Jamaica Micro Financing Association (JaMFA), Andrew Mais told the Jamaica Observer that his body

Bloomberg is reporting that Western Union has made a takeover offer for MoneyGram, but the deal is yet to be finalized. If  the offer is successful it would join two of  the largest remittance firms in the world. Western Union brought in US$4.4 billion in revenue from its consumer-to-consumer segment in 2019,

RJR Website 8:15 am, Mon June 8, 2020 There has been a sharp dip in Jamaica's Net International Reserves (NIR). The Bank of  Jamaica (BOJ), is reporting that the NIR declined by US$228 million  in May. At the end of  the month the reserves were at a little over US$2.9 billion.

With the latest economic projections revealing significant contractions for gross domestic product (GDP) growth over the next quarters into the fiscal year, Jamaica Manufacturers and Exporters Association (JMEA) President Richard Pandohie said the time has come for policies to be implemented to expand and include the productive sector — touting

Leleika-Dee Barnes (right), channnel and customer marketing director at J Wray & Nephew, presents bar supervisor Nadesha Bassarach of TPS Lounge on Red Hills Road with a bottle of sanitiser, cups, and a bar support box, last Monday. The presentation was made under J Wray & Nephew's $35- million Restart

MONTEGO BAY, St James — At least one key player in the lucrative cannabis industry has come out in strong defence of the Jamaica Government and the Cannabis Licensing Authority (CLA), which have recently been blamed for dragging their feet on export licensing, resulting in companies fleeing the island. A

Jamaica's tourism ministry, working in tandem with industry stakeholders, has crafted a deep and comprehensive plan covering 119 pages to keep visitors and Jamaicans alike safe from COVID-19. Following is the first instalment in a series of excerpts from the document titled 'Resilience: COVID-19 Ministry of Tourism Health and Safety

THE Government's thrust for a national identification system has received support from the head of one of the country's largest financial players. President and chief executive officer of the Sagicor Group Christopher Zacca says a national identification system is important for bringing more Jamaicans into the formal economy through electronic

Having spent $240 million to move over one million pounds of excess produce from farmers since the onset of the COVID-19 pandemic, government is relying on the agriculture sector to help the country break out of the current economic slump. Speaking recently in a virtual forum on the Jamaican economy, Floyd