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Data from the Statistical Institute of Jamaica (STATIN) show that the number of women securing employment is gradually increasing. According to STATIN’s October 2021 Labour Force Survey, of the 76,600 additional persons gaining jobs to expand the employed labour force by 6.6 per cent to 1,234,800 last year, women accounted for 43,700. This out-turn represents […]
Many Jamaicans have crossed over into 2022 with high personal debt, with much of their burden exacerbated by the past 22 months of the pandemic. Household debt, according to the Bank of Jamaica in its Financial Stability Report 2020, increased 3.4 per cent in 2020 alone, while the ratio of household debt to disposable income […]
KINGSTON, Jamaica – Stakeholders in the local tourism industry have given their support to recommendations made by the World Health Organisation [WHO] calling on nations to lift travel bans and mandatory vaccination for entry into countries. The WHO, in a statement on Friday, reasoned that closed borders failed to contain the highly transmissible omicron coronavirus […]
Double amputee Cara Moore now has plans to expand her fledgling chicken-rearing business to a 500-bird capacity enterprise that she started after losing her legs to diabetes in 2016 and 2020. The 36-year-old graduate of the College of Agriculture, Science and Education, who is a single mother of two boys, aged 14 and 10, and […]
Many fixed income investments have a predefined maturity date. When making the investment, the date is stated in the contract and known by the investor. There are also some investments which may have embedded clauses to allow the issuer of the investment to repay investors early. This is known as a “call feature”. The details […]
Although the pandemic has caused upheavals and hardship around the world, it has fallen particularly hard on low- and middle-income countries (LMICs). Vaccine availability has been far more limited in LMICs than in rich countries, and the refrigeration facilities needed to store the most effective vaccines are severely limited. In many LMICs, healthcare workers are […]
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Adrian Stokes will remain in the financial sector following his exit from Scotia Group Jamaica, SGJ, a month from now, but the strategist is not saying what his next role would entail. “It is a move I consider to be of long-term strategic value. I will remain in the financial industry,” he said. In the […]
THE island’s two largest commercial banks have announced new and increased fees that will take effect between January and March 2022, including automated teller machines (ATMs) charges and other fees, drawing the ire of St Catherine Southern Member of Parliament Fitz Jackson. Since the start of 2022, NCB has introduced a charge to customers withdrawing […]
