With over $7.9 billion in net profit recorded for its 2019 financial year and a 15 per cent increase over 2018, Guardian Life Limited last Saturday announced its highest profit in its 20-year history at the company's annual awards, held at Jamaica Pegasus hotel in New Kingston. During his opening
Several businesses were shut down and scores of employees evacuated when the Tao restaurant on Knutsford Boulevard in New Kingston went up in flames following an explosion yesterday morning. When the Jamaica Observer visited the scene, debris was scattered across the street and the police had cordoned off Trinidad Terrace
The Government yesterday announced new tax-reduction measures in the House of Representatives expected to cost the Administration $18 billion in 2020/21. Minister of Finance and the Public Service Dr Nigel Clarke, who made the announcement as he opened the 2020/21 Budget Debate, said the budget is strategically focused on moving
SINGAPORE (AP) — The International Air Transport Association (IATA) says the virus outbreak that began in China could cost airlines as much as $113 billion in lost revenue due to the collapse of air travel. Representatives of the airline industry group said Thursday after a working meeting in Singapore that
Ladies and gentlemen of the press, Representatives of the Ministry of Health and Wellness, Other stakeholders. Good afternoon. Thank you for joining us this afternoon for what is an important development with the Coronavirus Disease 2019 (COVID-19). Jamaica today confirmed its first imported case of Coronavirus Disease 2019 (COVID-19) here
Guardian Life Limited is reporting that it recorded $7.9 billion in net profit last year, a 15% increase over 2018. This represented the company's highest profit in its 20 year history. President of Guardian Life Limited Eric Hosin says Net Premium Income of $13.8 billion, excluding deposits invested in the
A worker cleans the signage of a fast food restaurant as businesses slowly restart in Beijing, yesterday. As China's coronavirus cases and death steadily falls, authorities are trying to restart its businesses and factories after a virtual shutdown which has had a ripple effect affecting the global economy. WASHINGTON, DC,
The Mandeville-based husband and wife team of Valerie and Alvin Dixon partnered in the publishing of Valerie's tale, which includes their shared experience of what she describes as “the FINSAC debacle”. They are seen here at Eden Gardens Wellness Resort and Spa, where the book was launched in the presence
THE Portmore, St Catherine-based Sunshine City Chamber of Commerce has called for a reduction in some taxes, as Government prepares to deliver its annual budget this week. It wants: 1. A reduction of personal income tax from 25 per cent to 20 per cent; 2. A reduction of corporate income
THE United States Government has advised its citizens to avoid cruises as the novel coronavirus continues to spread. “US citizens, particularly travellers with underlying health conditions, should not travel by cruise ship,” the State Department said in a statement posted to its website, yesterday. “CDC (Centre for Disease Control and
