Category: Business

digicel-with-turbines-2

Digicel Cutting 25% of Jobs Globally

Telecommunications giant, Digicel, is cutting staff by 25-percent, globally. The company made the announcement this morning, as part of what it says is its Global...

Brian-Wynter-2-640x425

‘No More Govt Crowding Out of Private Sector’; Wynter

Bank of Jamaica Governor, BOJ, Brian Wynter has declared that the era of government crowding out private sector investment has come to an end. Mr. Wynter was speaking at...

startupJamaica

CIBC & Ten Habitat Team Up to Support Start-Ups

CIBC First Caribbean has partnered with a non-profit organization, Ten Habitat to support local and regional start-up businesses. First Caribbean says it will be...

BOJ HQ

Central Bank Announces Additional Measures to Keep JMD Stable

The Bank of Jamaica, BOJ, is taking additional steps to keep the Jamaican dollar stable. The BOJ announced today that they’ll stop paying interest to commercial...

andrew-holness-at-imf-announcement

Holness Optimistic New Royal DeCameron will Boost Tourism Growth

Prime Minister Andrew Holness says he expects the newly opened Royal DeCameron resort to better enable the government to meet its growth target for the sector. The...

General-Accident-1

18 Consecutive Years Premium Growth at General Accident

Managing Director at General Accident Insurance, Sharon Donaldson says the company is reporting its 18th consecutive year of premium growth for the period ended December...

Dennis_Chung

Chung Questions Govt’s Projections for Direct Taxation Revenue

The government is projecting to collect more money from direct taxes in the upcoming 2017-2018 fiscal year, than for 2016-2017. That’s according to Chief Executive...

key insurance

Key Insurance Reports $136m Q4 2016 Loss

Key Insurance Company is reporting a net loss of $136-million for the quarter ended December 2016. This is almost triple the $45-million loss reported for the same...

Economy Data

Jamaica Trailblazer in National Economic Data Publication

Jamaica now has a one-stop publication for essential data on the economy. The Bank of Jamaica, BOJ, yesterday launched the National Summary Data Page. It will be posted...

gas-up

Gas Prices Up

Petrol prices are set to increase at the pumps today. Petrojam says the price of 87 and 90 octane gasoline has increased by $0.97 per litre. The price of Automotive...