The number of tourists flocking to Jamaica’s sun-drenched beaches soared nearly 100 per cent in the first three months of the year, causing long queues and hours-long waits for arriving passengers at the island’s main airport. Tourism Minister Edmund Bartlett told The Associated Press that the problem stemmed from a shortage of airport staff to […]
The executor of an estate is the person named in the last will and testament of the deceased entrusted to carry out the wishes of the deceased as specified in their will. The executor of an estate is charged with the duty to faithfully administer the estate according to law and to act in the […]
THERE IS always something happening on the stock exchange. The market is soft, but perhaps because of it, to some extent, some listed companies are buying back their shares from investors, and it seems more positive than negative. The GraceKennedy Group announced last month its intention to implement a share buyback scheme, intending to drive […]
Don Wehby CANOPY INSURANCE Limited aims to make its first profit in 2023 following its $2.7 billion revenue haul last year. It would represent a milestone for the health and life insurance start-up that began booking revenue in 2018. The entity continues to.. https://jamaica-gleaner.com/article/business/20230423/canopy-makes-27-billion-revenue-path-profit#.ZEZxQkiNsFs.mailto
fixed-income securities such as bonds to protect their investments. This is because bonds are considered safer investment options that provides stable returns, especially during a recession. In this article we will explore why bonds perform well during a recession and the factors that contribute to their success. fixed-income securities such as bonds to protect their […]
ESTIMAT3ED MAGNITUDE 5.4 EARTHQUAKE, APRIL 15, 2023
JAMAICA’S trade deficit touched a record US$5.4 billion over the first 11 months of 2022 as the Russia-Ukraine war, which sent oil and gas prices spiralling last year, pushed up the cost of fuel imports into the country to almost double that from the prior year. The Statistical Institute of Jamaica (Statin) in its latest […]
THE Bank of Jamaica (BOJ) has indicated that credit unions will finally fall within the ambits of its regulation when the supervision structure for the nation’s financial sector is transitioned from sector-by-sector regulation to a “twin peaks” regulation model. The transition towards a twin peaks supervisory model for the financial sector is set to end […]
For the first time in almost a decade, meteorologists at Colorado State University (CSU) in the United States are predicting a relatively quiet Atlantic hurricane season this year. But they are cautioning that “there is more uncertainty than normal with this outlook”. Research scientist Philip Klotzbach and his team at CSU predict 13 named storms, […]
Aubyn Hill. (Photo: Joseph Wellington) Minister of Industry, Investment and Commerce Aubyn Hill is calling on Jamaican employers to pay their employees better as part of efforts to stem the migration of skilled labour and to attract and keep workers to avert a crisis that is threatening continued economic growth. “If you’re not paying the […]
