Jamaica, Guyana and Trinidad & Tobago. Fifty years after its inception, the proposed objectives of the Caribbean Community (Caricom) largely remains a pipe dream marred by a failure to deliver on much of the intended outcomes, stakeholders across the region have asserted. Speaking in different interviews with the Jamaica Observer this week, several heads of […]
— Jamaican manufacturers faced rising costs at the height of the COVID-19 pandemic. — Some say they were unable to pass on the rising costs and suffered reduced margins as a result. — However, of six companies analysed by the Jamaica Observer, two showed better margins while two fared worse and two showed no change […]
Business Lynk targets transport sector …to onboard new merchants BY JOSIMAR SCOTT Senior reporter josimars@jamaicaobserver.com Jul 07, 2023 12:00 am · Make a comment Lynk has onboarded three new petrol service stations to its merchant platform, LynkBiz. MOBILE wallet provider Lynk has onboarded three gasoline service stations to its merchant platform, LynkBiz, as part of […]
IAJ PAYS TRIBUTE TO THE LATE INSURANCE PROFESSIONAL HAROLD WONG. CLICK ON LINK BELOW TRIBUTE TO HAROLKD WONG FOR IAJ WEBSITE
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FINANCIAL Action Task Force (FATF) President T. Raja Kumar has reiterated a plea for Jamaica to close the gaps in its action plan to avoid a possible move to the dreaded “black” list, which would mean serious implications for the country in carrying out international transactions. Kumar’s comment comes following the three-day plenary meeting in […]
The Holness administration appears confident that it will meet a new deadline of October 2023 to bring Jamaica’s anti-money laundering and countering of the financing of terrorism (AML/CFT) regime up to international standards and avoid being blacklisted. The assurance comes from Finance Minister Dr Nigel Clarke following Friday’s latest warning from the Financial Action Task […]
GROS ISLET, St Lucia — President of the Caribbean Development Bank (CDB) Dr Gene Leon yesterday called on countries across the region to forge greater partnerships in order to fast-track their holistic and sustainable development as individual territories. In his remarks on Tuesday during the opening ceremony of the regional bank’s 53rd annual general meeting, […]
Minister of Health and Wellness Dr Christopher Tufton has thrown his weight behind the call for external financing and capacity building assistance to small island developing states (SIDS) to address the escalating challenge of non-communicable diseases (NCDs) and mental health. “The current realities affecting SIDS are such that it requires scaled-up financial resources for the […]
The Ministry of Labour and Social Security has announced that along with increases to pension benefits, which became effective on April 1, 2023, three other benefits under the National Insurance Scheme (NIS) have also been increased. Employment injury benefits have been increased from $3,200 to $4,200 per week, with effect from April 1, 2023. The […]
