Amazon Inc gives Jamaican producers the green light
myiaj_admin2021-07-14T14:04:11+00:00After years of lobbying, e-commerce company Amazon has added Jamaica to its list of countries accepted for seller registration. This means that Jamaican producers can sign up directly on the Amazon platform to sell their products using Jamaican credentials. “Before if you wanted to sell on Amazon you would
Remittances exceed US$1 billion in first four months of 2021
myiaj_admin2021-07-14T13:59:35+00:00For the first months of 2021, remittance inflows into Jamaica exceeded the US$1-billion mark. Net remittance inflows of US$1012.7 million increased by 52.6 per cent or US$349.1 million relative to the previous corresponding period. For the month of April, the Bank of Jamaica (BOJ) reports that net remittance inflows of
Economy could take two years to recover from coronavirus pandemic — BOJ senior deputy governor
myiaj_admin2021-07-13T17:04:52+00:00Jamaica's economic recovery from the novel coronavirus pandemic induced contraction could take up to two years, the Bank of Jamaica (BOJ) said. Dr Wayne Robinson, the senior deputy governor at the BOJ, however, said the recovery “will depend on how we manage the COVID-19 crisis and the roll-out of
Traditional ganja farmers left waiting, while formal medicinal ganja players reap rewards
myiaj_admin2021-07-13T16:57:00+00:00Traditional ganja farmers are crying foul play after the Alternative Development (AD) Project which was designed to include them in the formal medicinal ganja industry was put on pause. The AD Project, which was announced in July 2019, was touted as the vehicle which the Government would use to transition
Digital currency will be for local use only, should speed financial inclusion — BOJ
myiaj_admin2021-07-13T16:52:15+00:00The Bank of Jamaica (BOJ) is indicating that its mission to deepen financial inclusion since the launch of a related campaign in 2017 has partially succeeded, but has significant areas of failure which are being addressed partially through financial education and improved products. The central bank notes that one of
Financial independence
myiaj_admin2021-07-13T16:36:35+00:00The idea of financial independence (FI) can be different for many people. For some, the idea of FI is one of having enough income to cover your expenses for the rest of your life without having to be employed. For others it may be saving and investing so as not
PSVI collating employee data ahead of Gov’t vaccine plan’s phase two
myiaj_admin2021-07-13T16:31:41+00:00The Private Sector Vaccine Initiative, PVSI, now has some 200 companies signed up, its primary spokesman, Peter Melhado, said this week, with expectations that more will join as the national vaccine programme, NVP, run by the Jamaican Government... To access this article in full please login or register today https://jamaica-gleaner.com/article/business/20210709/psvi-collating-employee-data-ahead-govt-vaccine-plans-phase-two
Francis Wade | Shifting to online methods of reaching target customers
myiaj_admin2021-07-13T16:25:38+00:00Too many executives are unaware of game-changing ways their markets are shifting. Their post-COVID audience of prospects and customers now expect more than message blasts. Instead, they require your company to become better attuned to their unmet... To access this article in full please login or register today https://jamaica-gleaner.com/article/business/20210711/francis-wade-shifting-online-methods-reaching-target-customers
Oran Hall | Devote time to financial planning
myiaj_admin2021-07-13T16:20:23+00:00Financial planning is becoming increasingly important because of the fast-changing nature of the environment in which we live and must operate. People are living longer. Employers are changing their approach to the provision of retirement benefits for their employees. Financial products are becoming more complex. Regulatory changes are affecting how