The Senate, on Friday, January 15, passed the Insurance (Amendment) Act, 2015, which is intended to strengthen the legislative framework governing Jamaica’s insurance industry. The Bill, which was piloted by Justice Minister, Senator the Hon. Mark Golding, aims to streamline and harmonize the procedures for hearings, appeals, and unclaimed

Tuesday, January 05, 2016 The Government’s planned reform of the public sector pension scheme will obviously encounter resistance from its employees. In fact, a few of the bargaining units have already voiced concern about the measure. However, the leaders of the unions representing State employees should bear in mind that

Friday, January 08, 2016 SHANGHAI, China... People walk along a pedestrian bridge with a screen showing stock market movements in Shanghai yesterday. C Global financial markets are off to a rocky start this year, with the Chinese stock market being halted as it hit its circuit breaker down limit of

Published:Friday | January 8, 2016 Persons will soon require a driver’s licence to drive motorcycles on the nation’s roads. WITH THE carnage on the nation's roadways spilling over into 2016, Dr Morais Guy, minister without portfolio in the transport ministry, is pushing lawmakers in the Upper House to swiftly pass

Thursday, January 07, 2016 MONTEGO BAY, St James —President of the Montego Bay Chamber of Commerce and Industry (MBCCI) Gloria Henry says the strong economic gains that characterised the Montego Bay economy in 2015 is expected to be further strengthened this year. “Montego Bay continues to be the fastest developing

Published:Wednesday | January 6, 2016 The World Bank has cut its forecast for global growth this year given weakness in the developing world. The aid agency expects the world economy to expand 2.9 per cent in 2016, down from its June forecast of 3.3 per cent but up from 2.4

Published:Thursday | January 7, 2016 ermaine Barnaby/Photographer Karleen Black, scientific officer in the Earthquake Unit speaks to Noel Arscott (second right) Minister of Local Government and Community Development; Argentina ambassador Ariel Fernandez (right) who partnered with Jamaica to create a national volunteers' programme and Major Clive Davis (left) director general

Published:Wednesday | January 6, 2016 The Government is to table a revised budget by the end of this month that will see $8.6 billion cut from the original budget approved at the start of the current fiscal year.  Leader of Government Business in the House of Representatives, Phillip Paulwell, told

Friday, January 01, 2016 On a micro level, vendors in downtown Kingston say sales have been flagging As was expected, 2015 was a turning point for the economy and the fiscal accounts. In 2015 the Jamaican economy started to see the benefits of the economic reform programme (ERP) and ended