Kingston, Jamaica: The Private Sector Organisation of Jamaica (PSOJ) is seeing signs of improvement in the economy and fiscal accounts, as a result of the current economic and fiscal reform programme. Our monthly monitoring has shown improvements in the fiscal balances, current account balance, business confidence, and inflation and interest
KINGSTON, Jamaica — The Meteorological (Met) Service of Jamaica says at 4:00 am the centre of Tropical storm Ida was located near Latitude 14.4 degrees north and Longitude 38.5 degrees west or about 1565 km west of the Cape Verde Islands. Ida is moving towards the northwest near 17 km/h
July 1, 2014 The Jamaican economy grew by 1.6 per cent in the first quarter of 2014 when compared to the similar quarter of 2013. This performance resulted from increased output levels in both the Goods Producing industries of 5.5 per cent and Services industries of 0.3 per cent. For
Published:Sunday | September 13, 2015 Some used-car dealers are trying to get around the extended warranty terms stipulated under the year-old Revised Motor Vehicle Import Policy by striking side deals with customers who are being asked to accept a shorter coverage period. Portfolio minister Anthony Hylton was unaware of the
Richard Byles, the co-chairman of the Economic Programme Oversight Committee (EPOC), is encouraging more Jamaican businesses to get involved in the tourism industry, suggesting that it has the potential to spur economic growth. His suggestion was made against the background of the Statistical Institute of Jamaica reporting just 0.4 per
The Economic Programme Oversight Committee (EPOC) has indicated that two months into the current quarter the government is exceeding some of its budgeted targets. EPOC said at the end of August, the Net International Reserves had already surpassed the target for the entire September quarter at US$2.56 billion compared with the
Sunday, September 13, 2015 Kevin Richards (left), vice-president of sales and marketing, speaks with Dr Bert van Selm at the Sterling Asset Management briefing. Jamaica is on a positive economic track under the current International Monetary Fund programme, according to Dr Bert van Selm, the International Monetary Fund (IMF) Resident
The Office of the Prime Minister has issued a Request for Proposal (RFP) from insurance providers and brokers to provide insurance services for the Jamaican Athletes Insurance Plan (JAIP). The RFP, which was first issued on August 11, is inviting eligible entities to submit their tenders by September 10. Minister
The definitions in this glossary are developed by the NAIC Research and Actuarial Department staff based on various insurance references. These definitions represent a common or general use of the term. Some words and/or phrases may be defined differently by other entities, or used in a context such that the
Published:Sunday | August 30, 2015 Bert van Selm Two weeks ago, an IMF team visited Jamaica to conduct discussions on the ninth review of the four-year Extended Fund Facility with the International Monetary Fund. In meetings with the Jamaican authorities, private sector, academics, and civil society, the team discussed recent
