The search is on for a new governor for the Bank of Jamaica. The new governor will replace Brian Wynter whose contract is due to come to an end in November. In a statement issued Wednesday afternoon, Finance Minister Dr Nigel Clarke said in 2017 Wynter was asked to extend

Sandals Resorts International (SRI) continues to make a concerted effort to support and buy from the Jamaican farming industry and local manufacturing sector. Jamaica's leading hotel group spends over $500 million a year which equates to 5.4 million pounds of produce for its hotels. Speaking at a luncheon in Montego

Forty years ago, the thought of buying a stock index fund was ridiculed. Why would anyone be satisfied with an investment that promised nothing more than the same return as the market? Later this year, however, US stock index funds may, for the first time, control more in assets than

Consumers continued to show confidence in the economy as the fourth quarter of 2018 saw the index increasing to 175.5 points compared with 156 at the start of the year and 148 during the corresponding period in 2017. This was largely attributed to their anticipation of jobs being created,

Hendrickson, who is in the process of redeveloping the former Wyndham hotel at 77 Knutsford Boulevard, is weighing the development of the tower on adjoining land currently in use as a parking lot. That high-rise would eclipse the country’s current tallest structure, The Jamaica Pegasus hotel, which Hendrickson also

Heart Foundation of Jamaica (HFJ) analysis showing that more than three-quarters of clients have abnormal blood pressure and that nearly 70 per cent are overweight has prompted the organisation to ramp up its sensitisation programmes in the lead-up to the commemoration of Heart Month in February. Speaking at the launch

Minister of Finance and the Public Service Dr Nigel Clarke says that a “plethora” of small- and medium-sized businesses will benefit from an allocation of $1.5 billion included in the supplementary estimates for 2018/19 for bills owed to them by government ministries, departments and agencies (MDAs). Dr Clarke told the

WASHINGTON, United States (AFP) — Here are the International Monetary Fund's latest economic growth projections for 2019 and 2020, published Monday in the quarterly update to the World Economic Outlook (WEO) . The table shows the GDP growth forecasts in percentages, with revisions from the October WEO forecast in parentheses.

PARIS (AP) — France’s data privacy watchdog fined Google 50 million euros or US$57 million on Monday, the first penalty for a U.S. tech giant under new European data privacy rules that took effect last year. The National Data Protection Commission said it fined the U.S. internet giant for “lack of

The world economy absorbed more bad news Monday The International Monetary Fund (IMF) cut its growth forecast for 2019. And China, the world’s second-biggest economy, said it had slowed to its weakest pace since 1990. The IMF cut its estimate for global growth this year to 3.5 per cent, from