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-3% growth forecast for global economy this year

Gita Gopinath, Economic Counsellor and Director of the IMF’s Research Department, said in a blog post that following the global…

  • | Business, International

Scotiabank Old Harbour among nine branches to temporarily close

The braches, which include Christiana, Cross Roads, Hagley Park, Ironshore, Oxford Road, Port Maria, St Ann’s Bay and the University of…

  • | Featured, Top News, News, Business

Factories Corporation of Jamaica offers stimulus to clients impacted by COVID-19

FCJ recognises that majority of its clients in the Manufacturing and Distribution sectors will experience disruption in their operations as…

  • | News, Business

JN Group establishes member welfare fund to ease burden of COVID-19

The Hon. Earl Jarrett, chief executive officer of The Jamaica National Group, made the announcement of the Fund while addressing a ‘JN…

  • | Business

BOJ announces measures to maintain order in financial system

Governor, Richard Byles, who noted that Jamaica’s financial system remains sound, said the interventions are aimed at ensuring adequate…

  • | Business

Gov’t ready to suspend fiscal law to stimulate economy amid COVID-19 crisis

“I want to assure the people of Jamaica that should things take a turn for the worse, beyond what we currently envisage and beyond all…

  • | News, Business

IMF chief expects global economy to recover 2021

Over the last few months the world economy has caused global markets to plummet dramatically, as a result of the coronavirus pandemic.

  • | Top News, News, Business

Extended income tax filing deadline nears

The tax authority is encouraging self-employed persons, employed persons with other sources of income, partnerships, companies and other…

  • | Top News, News, Business

Reduced interest rates on all new and existing loans

This will benefit some 8,000 new mortgagors annually, and some 100,000 existing mortgagors.

Prime Minister, the Most Hon. Andrew…

  • | Top News, News, Business

Coronavirus Economic Planning: Hoping for the best, prepared for the worst

Similarly, countries hit by a sudden and unexpected public health emergency—as coronavirus is proving to be—can see their…

  • | Business, Commentary

Search for skin allergy solution leads female architect to second career

It was her mother’s search for a solution to an apparent allergic reaction to regular soaps that would result in Ms. Morris creating…

  • | News, Business

US$1 billion St Ann resort to create 10,000 permanent jobs

The project is being executed by Karisma Hotels and Resorts on a 226-acre property that will add approximately 4,700 new rooms in the tourism…

  • | News, Business

Liberty Global extends partnership with Netflix

The partnership follows Liberty Global’s commitment to leverage its next-generation gigabit speed broadband networks to provide its…

  • | Business, International

VIDEO: This is how Downtown, Kingston will look in the future

But in recent years those plans are gradually being manifested with the construction of mini skyscrapers by Digicel, GraceKennedy and the…

  • | Featured, Top News, Business

Female developer spearheads construction of affordable housing solutions

She was able to achieve this with the assistance of the Jamaica Mortgage Bank (JMB), an agency of the Ministry of Economic Growth and Job…

  • | News, Business

eCoal | Jamaican engineer from Old Harbour creates sargassum charcoal

But with the world now moving away from coal, one Jamaican engineer has found a new way to create a modern version of the burning fuel, one…

  • | Featured, Top News, News, Business