Category: Business

BPO Sector to Create 25k Jobs by Next Fiscal Year – Holness

Prime Minister, Andrew Holness, says 25,000 jobs will be created in the Business Process Outsourcing, BPO, sector by the start of the next fiscal year. He says the BPO...

Indonesian Delegation Exploring Economic Opportunities in Jamaica

A delegation from Indonesia is in Jamaica to explore opportunities for joint projects in a number of areas. These include security and immigration, tourism and craft...

Jamaica Records 6.9% Bump in Stopover Arrivals

Prime Minister, Andrew Holness, says Jamaica’s tourism sector has recorded a 6.9% increase in stopover arrivals for the first eight months of the year when...

Digicel Jamaica Steps Up Efforts to Bring Relief Aid to Dominica

Telecommunications company, Digicel Jamaica Limited, says it’s intensifying efforts to bring food and other relief to the people of Dominica. The country’s...

Time to Discuss Farmers’ Insurance, says Wehby

A government Senator, Don Wehby, says it’s time for Jamaica to re-open the conversation about providing insurance to farmers. Senator Wehby says agriculture is too...

Scotiabank’s Anya Schnoor Secures Major Promotion

Jamaican, Anya Schnoor, has been promoted to Executive Vice-President for retail payments, deposits and unsecured lending for Canadian banking. Ms. Schnoor is currently...

45% of JPS Energy to Come from LNG by 2019

The Jamaica Public Service (JPS) says that by June 2019, 45-percent of the energy it supplies to the country will come from cheaper, cleaner liquefied natural gas (LNG)....

Phasing Out of Small Coins Should Have Negligible Inflationary Impact

The Bank of Jamaica (BOJ) says the decision to stop producing 1, 10, and 15 cent coins should have very little impact on inflation. This, as it says losses on one side...

Samsung Galaxy Note 8 Clocks Record Numbers

Samsung Electronics America, Inc. announced that more people in the U.S. have purchased the Galaxy Note8 than previous Samsung Note phones during the same time period....

Gas Prices Down $1.78

Gas prices are down $1.78 at the pumps today. Petrojam says this reflects a decrease in US Gulf Coast gasoline prices, as more refineries have restarted operations...