As local farmers complain of having excess produce and a lack of market for their produce, they are being encouraged to take advantage of neighbouring Caricom markets as several of these regional counterparts rely heavily on imports. In a number of recent reports local farmers have bemoaned the fact that
Having reviewed the Bank of Jamaica (BOJ) 2019 Financial Stability Report, the Financial System Stability Committee (FSSC) has indicated that the data and analysis presented showed that Jamaica's financial system remains sound and stable. The report assessed developments in the financial system and the associated systemic risks since the September
THE Realtors Association of Jamaica (RAJ) has, for the time being, been holding up to the COVID-19 invasion, but there are fears among the leadership that things could get really bad soon. “We are sending off a letter to the Government with some points that we would like to have
KINGSTON, Jamaica — The Private Sector Organisation of Jamaica today announced that, in light of the current COVID-19 pandemic presently affecting Jamaica, it is launching and spearheading a private, public and social sector partnership geared towards mobilizing and distributing resources towards the protection and welfare of the citizens of Jamaica.
WASHINGTON, DC, Uniyted States (CMC) — The Inter-American Development Bank (IDB) and IDB Invest say they have agreed with governments on the priority areas for deploying the financial and technical resources being made available to borrowing member countries and companies to address the crisis created by COVID-19, the disease caused
Finance Minister Dr Nigel Clarke says members of the informal sector stand to benefit from financial grants to cushion the impact of the novel coronavirus disease (COVID-19). This includes bar operators, hairdressers, taxi operators, barbers, and market vendors. “We recognised that there are people in Jamaica that are informally employed…
With the coronavirus (COVID-19) outbreak already bringing considerable suffering and major economic disruptions across the world, there is the view that only swift and decisive actions by governments and their nationals will help countries overcome the disease and its associated economic impacts. Since the outbreak of the virus in January
Many of us who have been through the 2008 financial crisis are looking back at our coping strategies diuring that difficult time and are thinking of how we can apply them again today. And for those who have joined the profession since that other black swan event, here are some
THE Caribbean's popular all-inclusive resort chain, Sandals and Beaches Resorts, has announced the temporary closure of its hotels in response to the impacts of the novel coronavirus disease (COVID-19). Citing travel restrictions, flight cancellations and the current global health crisis among some of its reasons for temporary shutdown of operations,
President of the Jamaica Manufacturers and Exporters Association (JMEA) Richard Pandohie has urged farmers and the wider agricultural sector to become more engaged in using technology in their farming practices — this he said could alleviate much of the plight farmers now face. Due to the recent temporary closure of
