Dr Blondel Crosdale (left), consultant neonatologist at the University Hospital of the West Indies, explains the use of the oxygen concentrator machine to Serika Sterling (centre), founder of The Preemie Foundation of Jamaica, and Mischa McLeod Hines, vice-president, Capital Markets, Sagicor Investments Jamaica, following the handover of one machine to
GIVEN PROJECTED shifts in the frequency and scale of climate-related events, the call has come for a proper consideration of early warning systems as pivotal to adaptation for Jamaica and other small island developing states (SIDS). “Early warning systems are an important part of ‘climate services’, which globally has
Wayne Archibald, a Kittitian and executive director of solar company Green Solutions International (GSI), is advocating that island governments and other funding agencies collaborate to fund workforce development programmes for the recruitment, training and provision of economic development opportunities to people from the lower socio-economic strata and women in the
IN the wake of last week's announcement by Jamaica Broilers that it will hike the price of chicken meat by 10 per cent, Agriculture Minister Pearnel Charles Jr has announced that the Government is considering a temporary suspension of the common external tariff (CET) and additional stamp duties (ASD) on
The National Housing Trust (NHT) tabled its annual report for the fiscal year ended March 2021 in Parliament, disclosing a two-third reduction in net profit. The net result for the financial year was $6.9 billion, approximately one-third of the $18.62 billion reported in 2020 and also less than the $23.75
The Jamaican dollar continues its slide against the American dollar in 2021, declining by approximately $10.74 or 7.44 per cent relative to the $144.41 reported as at December 2020. In addition, the Jamaican dollar depreciated by as much as $1.16 in December 2021 to close the month at an average
As digital assets and digital currencies become more prevalent across the globe, NCB Capital Markets Ltd said it is preparing to offer those products and services to Jamaican investors as well. Speaking at a recent Jamaica Observer Business Forum, executives from NCB Capital Markets said the company is keeping a
The International Monetary Fund, IMF, is downgrading its forecast for the world economy this year, citing the spread of COVID-19’s omicron variant, higher energy prices, an uptick in inflation and a deteriorating outlook for the world’s two biggest economies – the United States and China. The 190-country lending agency now
JMMB Bank has struck a US$20-million loan agreement with Development Finance Institute Canada, or FinDev, the first in a series of funding initiatives the bank will embark on this year to grow loans to entrepreneurs operating small and medium-sized businesses. The rate at which JMMB Bank will on-lend the funds
KINGSTON, Jamaica— More young Jamaicans are being trained and certified as youth famers through the Jamaica 4-H Clubs, in partnership with HEART/NSTA Trust. Executive Director, Jamaica 4-H Clubs, Dr Ronald Blake, said the programme was developed to meet the growing demand for certification by youth farmers. “The Jamaica 4-H Clubs
