Jamaica is projected to generate US3.7 billion in tourism earnings for 2019. The sector earned US$3.3 billion and had 4.3 million visitors last year. Tourism Minister Edmund Bartlett says for the last four quarters, the sector has led in terms of gross domestic product (GDP) contribution. He added that the
The Development Bank of Jamaica (DBJ) is to lend $5 billion to micro, small and medium-sized enterprises (MSMEs) over the next 12 months. Minister of Finance Dr. Nigel Clarke said the loans will be facilitated under the Government's revamped Credit Enhancement Facility (CEF). The CEF, which is financed by the
The Rent Restriction Act, which was passed over seventy-five years ago and last amended in the year 1985, is the primary legislation used by many to govern the relationship between landlords and their tenants. Given the age of the Act, many are of the view that it is in dire
The Jamaica Promotions Corporation (Jampro) is reporting that 16,540 new jobs were created in the 2018-2019 fiscal year within the fields of energy and information technology-enabled services (outsourcing), film, animation and music. Senator Don Wehby chairman of Jampro made the comments while announcing Jampro's achievements for the 2018-2019 fiscal year,
NEW YORK, United States — Chef Jose Andres (left) and Santa Clause pose for pictures on the floor at the closing bell of the Dow Industrial Average, at the New York Stock Exchange on December 5, 2019 in New York ( The dawn of low interest rates has made it
STEM for Growth Taskforce: (L-R) Dr Glen Christian, chairman of the Cari-Med Group; Gary “Butch” Hendrickson, chairman and CEO of National Baking Company; Dr Ashburn Pinnock, president of The Mico University College; Dr Albert Benjamin, dean of the Faculty of Science and Technology at The Mico University College; and Marlon
NCB Capital Markets Limited (NCBCM) capped off a successful year, receiving two significant awards at the 15th Best Practices Awards held by the Jamaica Stock Exchange (JSE) on Wednesday, December 4, 2019. The awards recognised outstanding performance in 2018. The brokerage house copped the top award for revenue generation and
MONTEGO BAY, St James — Finance Minister Dr Nigel Clarke is upbeat that Jamaica, which has enjoyed international fame in the music and sporting arenas, is now becoming world renown for its economic performance. “It is a good thing that Jamaica has been known, over many decades, for the prowess
Sagicor Life Jamaica is now offering ordinary life insurance coverage to persons living with the human immunodeficiency virus (HIV). The company is offering policies of up to $10 million to HIV positive applicants who are fully compliant with their treatment regime. Persons with HIV were only able to access
MINISTER of Industry, Commerce, Agriculture and Fisheries Audley Shaw says that the Government is eyeing a possible US$100 - million grant from the People's Republic of China to help rebuild the infrastructure of the local coffee industry. 'We are looking at a grant of US$100 million to build out the
