In the second part of this series we explain the critical differences between blockchain and cryptocurrencies. Blockchain is an extremely secure, immutable and almost incorruptible robust distributed ledger that records virtually any value transaction. Believe it or not, blockchain started life back in the early nineties. It later gained full

Tourist arrivals to the Caribbean fell by 65.5 per cent in 2020, according to the Caribbean Tourism Organization, CTO, but the group is forecasting a turnaround this year. In a statement released on Monday, the CTO said the impact of COVID-19 on the travel and tourism industry was particularly

There’s something missing from a new wave of bars opening around the world – alcohol. Aimed at the growing number of people exploring sobriety, the bars pour adult drinks like craft cocktails without the booze. At 0 per cent Non-Alcohol Experience, a futuristic bar in Tokyo, patrons can sip a

Opposition Leader Mark Golding yesterday accused the Government of a “tight embrace with fiscal conservatism” in its proposed 2021/22 expenditure budget. Golding, who was making his maiden contribution to the budget debate as leader of the Opposition since his elevation to the leadership of the People's National Party (PNP) last

IronRock insurance company through the introduction of telematics insurance in the country yesterday launch its pay as you drive (PAYD) initiative aimed at refunding up to 25 per cent of annual premiums to customers as a reward for good driving. “PAYD is a motor policy that is actually designed to

Despite 20 consecutive years of continued higher net profits being broken due to COVID-19, Christopher Zacca, president and chief executive officer (CEO) of Sagicor Group, has pointed to a stronger 2021 for Sagicor Group Jamaica (SJ) which recorded a 12 per cent decline in its net profit attributable to shareholders

Insurance business holds firm as pandemic breaks 20-year growth streak It’s been a decade since the Jamaica operation for Sagicor last saw net earnings this low, within the $4-billion range, but the rout is unlikely to be repeated this year; the group having already stripped itself of the hotel holdings

The Jamaica Chamber of Commerce (JCC) yesterday applauded a number of measures in the 2021-22 budget announced by Finance Minister Dr Nigel Clarke last week Tuesday, but urged the Government to adopt bolder initiatives to generate economic activity and increase gross domestic product (GDP). Describing Clarke's presentation as a “comprehensive

Guardian Life Fisheries and Agricultural Multi-Advantage (FAMA) Plan is now a reality, thanks to a collaboration between Guardian Life Limited and the Ministry of Agriculture and Fisheries. Here, representatives of both entities review the proposal which will see the island's over 200,000 registered farmers and 26,000 fisherfolk accessing benefits such

All great relationships begin with trust and understanding. This applies in both personal and professional situations. Choosing a financial advisor for investment guidance should also adhere to this principle. The investor/advisor relationship should be one where the investor trusts the expertise and integrity of the advisor and the advisor should