DEBRA Cumming, CEO of Century 21 Heave-Ho Properties Limited, a real estate company, shares that 2021 was a year in which AirBnB, the short-stay vacation experience which allows property owners to profit from vacation rentals, “did fairly well due to the fact that many hotels were closed and many people coming into the country who […]
TOURISM Minister Edmund Bartlett, as usual, is sounding a positive outlook on the prospects for the continued rebound of Jamaica’s tourism sector, despite the instability created by the war in the Ukraine. Coming out of a retreat hosted by the ministry in Montego Bay on the weekend to examine the recently tabled supplementary estimates, Bartlett […]
Contributed It’s all eyes and ears focused on Guardian Life Limited’s Vice President, Individual Life Sales, Oneil Clarke (right), as he motivates a cohort of eight Jamaican rising stars in athletics and weightlifting. In rapt attention (from left) are athletes Anthony Carpenter and Malik James-King, Andrea Hardware (third left), president & CEO of the implementing […]
File Don Wehby, chairman of Key Insurance Company Limited. 1 2 Key Insurance Company swung from losses to profit for the first time in four years, clearing its accumulated debt in the process. The general insurance company also achieved record revenue of $1.9 billion, from which it generated earnings of $152 million and flipped the […]
EIGHTEEN credit unions have negotiated a deal with Guardian Life that will see their members provided with additional life, health and other insurance benefits in a new, customised package. Self-employed credit union members who were previously unable to access group health insurance benefits will now have access via monthly premiums of the level usually linked […]
A CNN report on Tuesday asserts that Russia is already paying the price for its action in the Ukraine. The report highlights that Russian stocks plunged and the ruble slid closer to a record low on Tuesday as investors reacted to the decision by Vladimir Putin, Russia’s president, to order troops into Moscow-backed separatists areas […]
BANK of Jamaica (BOJ) Governor Richard Byles is seeking to calm fears about the recent slide in the Jamaican dollar, highlighting that the depreciation so far this year is much slower than the comparative period last year. Pointing out that as at February 16, the exchange rate was J$157.42 to US$1, Byles explained that this […]
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Real estate and infrastructural development financier MoneyMasters Limited has called for g overnment to pump greater levels of investment in the development of public infrastructure across the island, which it says could help to drive increased economic activities across cities. President of MoneyMasters Claudette Crooks, speaking at a quarterly investment forum held by the company […]
JAMAICA continues to do fairly well in getting foreign investors to set up shop in the island. According to the 2021 Investment Climate Statements, Jamaica received US$665 million in foreign direct investment (FDI) in 2019 (latest available data), a US$110-million drop over the previous year. Despite the decline, data from the 2020 UNCTAD World Investment […]
