Caribbean leaders interested in adopting Tourism Workers Pension Scheme

ST JAMES, Jamaica – Jamaica’s groundbreaking Tourism Workers Pension Scheme could become a model for other Caribbean countries, following interest shown by some regional leaders in adopting the initiative. Minister of Tourism Edmund Bartlett said that regional heads attending the 41st Caribbean Travel Marketplace, held recently in Barbados, were “very receptive” to the idea, especially […]

Inflation returns to target range at 5.8%

The price of goods and services fell for the month of April 2023, causing the country’s annual inflation rate to settle within the Bank of Jamaica’s target range for the first time in two years. Consumer prices dropped by 0.4 per cent for the month of April 2023, after marginally rising in March, the Statistical […]

Bartlett touts regional insurance for tourism workers

MONTEGO BAY, St James — Minister of Tourism Edmund Bartlett has challenged insurance companies to formulate a comprehensive health plan for the more than one million tourism workers across the region. Speaking at the Caribbean Association of Insurance and Financial Advisors (CARAIFA) Hall of Fame Induction for Maxim Marquez at the Hilton Rose Hall Resort […]

Bartlett projects US$4.5 billion in tourism revenue this year

Bartlett also revealed that he is expecting more than four million visitors to the island this year. “I am proud to tell you tonight that as of yesterday (Saturday, May 14], Jamaica welcomed over 1.5 million visitors in the first four months and two weeks of the year 2023 and earned US$1.6 billion. It puts […]

Never stop investing — a retiree’s journey

News Never stop investing — a retiree’s journey May 14, 2023 12:04 am · Make a comment Let your money always keep working for you by putting systems in place to make money even while you sleep. THE retirement years can be plagued with ups and downs, or it can be a dream come true. […]

Are you ready to go cashless?

JAMAICA’S potential to become a cashless society is determined by an ecosystem requiring all efforts from the Government, businesses and consumers, according to one technology expert. Dushyant Savadia, CEO of the Amber Group — a technology conglomerate and creator of digital payment system Amber Pay — says Jamaica is heading in the right direction, but […]

Sagicor now most valuable company on JSE

SAGICOR Group Jamaica Limited (SGJ) is now the largest company on the Jamaica Stock Exchange (JSE) by market capitalisation as it surpassed NCB Financial Group Limited (NCBFG) at the end of 2022. While Sagicor Group Jamaica’s stock price only rose by 3.45 per cent in 2022, from $55.01 to $56.91 for a market capitalisation of […]

Abka Fitz-Henley, Dana Morris Dixon appointed government senators

Abka Fitz-Henley 1 2 Consequent on the resignation of senators Natalie Campbell-Rodriques and Leslie Campbell, Prime Minister Andrew Holness has written to the Governor General recommending the appointment of Dr Dana Morris Dixon and Abka Fitz-Henley to the Senate, the Office of the Prime Minister said in a press release this evening. The new senators […]

Building an e-commerce website on the cheap

Business Building an e-commerce website on the cheap May 10, 2023 12:02 am 1 comment · Make a comment IN last week’s edition of the Digipreneur, we gave you 10 reasons why your business needs a website. If you have a business in the Caribbean, the only way to get paid online is through having […]