HE world is changing rapidly and dramatically due to the coronavirus pandemic. We're having to adapt how we live day to day, including how we study and work. Whether you're seeking employment or looking to progress in your career, it has become a tougher recruitment environment as economies around the
Since the first positive case of COVID-19 was confirmed in Jamaica in March 2020, it is incontrovertible that the local business community has been significantly impacted by the epidemic. An examination of the varying sectors of the business community may reveal that, for some, business has never been better, but
Sagicor Bank is close to brokering a deal with the Government for using its My Cash prepaid card for the distribution of PATH and CARE benefit payments. Already, Sagicor has gotten the green light from the Bank of Jamaica, which has given a “no-objection” for use of the prepaid card
THIRTY-SIX per cent of public sector workers surveyed recently believe that they will not be granted a wage increase this year because of the economic strain and reduced financial resources brought on by the COVID-19 crisis. At the same time, seven per cent expect a minimal percentage increase, seven per
KINGSTON, Jamaica – The Private Sector Organisation of Jamaica (PSOJ) is calling for a clear road map for the safe and sustainable reopening of the Jamaican economy. Noting that it recognises that Jamaica is not alone in grappling with the challenges faced in determining when and how to open its
BEFORE the COVID-19 pandemic the small, middle-income developing economies of the Caribbean had been slowly but steadily emerging from their prolonged debt crisis. Now, thanks to COVID-19, their existing debt situation will worsen dramatically. Reduced tax revenue and foreign exchange earnings, plus increased expenditure on public health and on the
MANDEVILLE, Manchester — President of the Manchester Chamber of Commerce Kenisha Dwyer-Powell and her predecessor Garfield Green have added their voices to those urging entrepreneurs to find new ways of operating in order for businesses to survive the COVID-19 pandemic. Dwyer-Powell told the Jamaica Observer by telephone last Friday that
WASHINGTON (Reuters) - Millions more Americans sought unemployment benefits last week, suggesting layoffs broadened from consumer-facing industries to other segments of the economy and could remain elevated even as many parts of the country start to reopen. The deepening economic crisis triggered by nationwide lockdowns to slow the spread of
General Accident Insurance Company has launched a new combined business insurance policy for small and medium-sized businesses. The company says Future 360 Combined Insurance Package is a cover policy specific to the new operational models being rapidly developed during the COVID-19 pandemic. The package includes coverage for property damage to
