The Statistical Institute of Jamaica (STATIN) has emphasised that the headline indicator used to assess the performance of the Jamaican economy in its gross domestic product (GDP) report is the year-over-year growth rate — that is the reference quarter with the same quarter of the previous year. STATIN made
Ethics are a set of principles dealing with what is good and bad, and concerns moral duty and obligation. Those moral principles apply not just to personal lives, but also to business and, topically perhaps, to politics. In business there are three main types of ethics: • deontological (ie duty-based)
The International Monetary Fund (IMF) is maintaining its prediction for the country to achieve a 2.25 per cent growth to gross domestic product (GDP) within the medium term — a position reiterated following the Statistical Institute's (STATIN) latest report which noted a 0.6 per cent growth for the third quarter
THE Jamaica Observer can confirm that the Government has agreed to an exciting deal involving the growing of bamboo in Trelawny on the former Long Pond Sugar Estate. The paper can also report that the Government through the Sugar Company of Jamaica Holdings (SCJH), is about to sign a long-term
VICE-CHAIRMAN of the National Road Safety Council (NRSC) Dr Lucien Jones says significant improvements have been made to the road traffic ticketing system, including gaps that caused the system to reflect thousands of outstanding tickets. “When you get a ticket, you pay at the tax office and that information is
A Puerto Rican flag is seen in the rubble as store owners and family help remove supplies from Ely Mer Mar hardware store, which partially collapsed after an earthquake struck Guanica, Puerto Rico, yesterday. A 6.4-magnitude earthquake struck Puerto Rico before dawn yesterday, killing one man, injuring others and collapsing
Jamaica has been listed among the 20 best places to visit in 2020. And it's been a great day for The Rock as CNN Travel editors also named GoldenEye and Negril's Rockhouse Hotel & Spa as the top two resorts on the island. No, this is not a PR piece on GoldenEye or
A popular tourist rock formation in Puerto Rico has collapsed after a strong earthquake shook the island, damaging homes and causing power cuts. The stone arch, known as Punta Ventana, was destroyed on Monday, when the earthquake hit. The 5.8-magnitude quake struck at a depth of 6km (3.7 miles), off
FOR many of us, a sound financial plan includes having savings, solid investments, an emergency fund, and being on top of our finances and the management of it. One crucial aspect that we often forget is life insurance. If a life insurance policy is not a part of your current
LONDON, United Kingdom (AFP) — World oil prices jumped on Friday after the US killed a top Iranian general, fanning fresh fears of conflict in the crude-rich Middle East, with Tehran warning of “severe” retaliation. The head of Iran's Quds Force, Qasem Soleimani, was killed in an attack on Baghdad's
