Managing Director of Wigton Wind Farm, Earl Barrett, is imploring the government not to grant any more licenses for fossil fuel plants until all renewable energy options are exhausted. Fossil fuels include oil and natural gas. Jamaica has been turning more to natural...
Kalilah Reynolds reports Managing Director of Wigton Wind Farm, Earl Barrett, says the company is actively pursuing potential projects to expand both locally and in the region. Mr. Barrett was speaking yesterday at the company’s first Annual General Meeting since...
Our Business and Finance Editor, Kalilah Reynolds, reports. Business and Consumer Confidence continues to decline. CEO of Market Research Services Limited, Don Anderson, presented the findings of the Jamaica Chamber of Commerce’s latest survey this morning. According...
The government will have to significantly tighten its belt in the next two years, in order to pay for the current COVID-related spending and meet its debt targets. According to Deputy Financial Secretary, Dian Black, the primary surplus target will have to be raised...
Kalilah Reynolds reports. _______________________________________________________________________________________________________ Chief Technical Director of the Financial Investigations Division, FID, Selvin Hay, says convicted ponzi schemer, David Smith, could still...
Some clothing items made in Jamaica and other Caribbean countries will continue to get preferential duty-free access to the United States. US President Donald Trump signed an extension to the Caribbean Basin Economic Recovery Act over the weekend. The Caribbean Basin...
Kalilah Reynolds reports. _______________________________________________________________________________________ CEO and Managing Director of Island Grill, Thalia Lyn, says her company lost as much as 68-percent of their sales at the start of lockdown and curfew...
Kalilah Reynolds reports. _______________________________________________________________________________________________ The government needs to collect more tax revenues, or run the risk of missing the country’s economic targets, such as reducing debt. That’s...
Our Business and Finance Editor, Kalilah Reynolds reports. ______________________________________________________________________________________ The worst quarterly decline in Jamaica’s history! The Statistical Institute of Jamaica, STATIN, has released data showing...
President of the Caribbean Development Bank, CDB, Dr. Warren Smith, is urging Caribbean states to ramp up exports. He stresses that this will make countries in the region more resilient to economic shocks. Dr. Smith says the public and private sectors must both play a...