MIAMI, United States (AFP) — The tourism industry in the Caribbean region attracted almost one million fewer visitors after hurricanes Irma and Maria hit last year, costing it over $700 million, according to an industry study released Monday. "The hurricane season resulted in an estimated (loss) in 2017 of 826,100
Peter Levy, president of the Insurance Association of Jamaica (IAJ), has said that he was unaware of insurance companies increasing car premiums for disabled drivers. Opposition Senator Floyd Morris made the claim in his contribution to the debate on the Road Traffic Bill in the Senate on Friday, which was
Minister of Education, Youth and Information, Senator Ruel Reid, speaking at the opening of the inaugural Higher Education Summit on Thursday, May 10 at the Jamaica Pegasus Hotel in New Kingston. KINGSTON, Jamaica — With the view that higher education is important to the development of the country, the Government
The Government will be entertaining several overseas experts on fiscal discipline next month as it consolidates efforts to establish a national fiscal council. Minister of Finance and the Public Service Dr Nigel Clarke made the announcement yesterday morning at the Jamaica Pegasus hotel in New Kingston as he revealed plans
Russian President Vladimir Putin (right) shakes hands with Saudi Arabia's Defense Minister Prince Mohammed Bin Salman. The world economy consumes approximately 97 million barrels per day (mbpd) of various types of crude oil. The Organization of the Petroleum Exporting Countries (OPEC), with 14 member countries, collectively produces on average 31
The Development Bank of Jamaica (DBJ) has been on a drive to get entrepreneurs to access its services as part of its mandate to help grow the economy. As part of this thrust, it has been setting up lending facilities to lower the cost of capital, and has hosted numerous
PORT-AU-PRINCE, Haiti — View of the entrance of the Oxfam offices in the commune of Petion Ville, in Port-au-Prince, Haiti, on February 13, 2018. (Photo: AFP) Some people carry themselves well, thinking through their decisions and responding to and respecting the emotions of those around them. As easy as this
Sagicor Life Jamaica yesterday announced that changes in the administration of its swipe machine system could result in clients spending more out of their pockets for each doctor visit. In an emailed notice to clients yesterday, Sagicor reasoned that it has been receiving feedback from clients and their members over
A delegation of five university start-up teams, representing both The University of the West Indies (UWI) and Northern Caribbean University, will participate in the International Business Model Competition (IBMC) in Utah, USA, later this week. This will be the first time that this many teams from Jamaica will feature in
May 15 has been set as the date for the Trinidad and Tobago Securities and Exchange Commission (TTSEC) to begin hearing a claim that the bid by NCB Financial Group to acquire Guardian Holdings breached Trinidad's securities laws. The TTSEC launched an investigation into the takeover bid in February following a
