Growth & Jobs | Youth empowered by FSC programme

Companies all over the world develop products and services that are targeted at young people who can recall their teen years and the gadgets, food, movies and merchandise that were specifically created for their age cohort. As with every fad, it takes money to acquire these products and services, and regardless of their age, young […]

General Accident receives ‘Good Creditworthiness’ from CariCRIS

General Accident Insurance Company Jamaica (GENAC) has recevied a “Good Creditworthiness” rating from the Caribbean Information and Credit Rating Services (CariCRIS). GENAC has been assigned initial issuer/corporate credit ratings effective December 16, 2021.   Additionally, CariCRIS has assigned a stable outlook on GENAC with the expectation that the company will continue to be profitable and […]

Remittance boost

A continued upswing in remittance inflows is accredited to a growth of 9.8 per cent in inflows via remittance companies aided by an increase in inflows via other remittances of 3.0 per cent for the month of October. Remittance inflows for the month of October amount to US$277.9 million, an increase of 10.2 per cent […]

More countries adopt ECCB digital currency

The Eastern Caribbean Central Bank (ECCB) expanded its central bank digital currency (CBDC), DCash, to two more nations of the Commonwealth: Dominica and Montserrat, making it seven out of the eight-member union which are now listed as participants. The Eastern Caribbean dollar (EC$) is used by the members of the Organisation of Eastern Caribbean States […]

Gas prices ease

Mixed movements in the prices of petroleum products in the US Gulf Coast during the past week will result in Jamaican consumers getting an ease from record gas prices this week, but the price of diesel will increase. As of today, a litre of gasoline will be sold for $0.25 less.   The price of […]

Insurance policy puzzle

Time is running out and frustration is building for the family of Taneka Gardner, the woman whose throat was slashed during a sacrificial ceremony at Pathways International Kingdom Restoration church last October as her insurance claim process drags on. Septimus Gardner told The Gleaner that the family has been unable to get closure because his […]

IAJ NE3WS BULLETIN – JULY TO DECEMBER 2021

IAJ NEWS BULLETIN covering the period JULY to DECEMBER 2021 contains many interesting happenings in the Jamaican Industry as well as Greetings from the Heads of the Member Companies.  Very interesting and informative reading. NEWS BULLETIN UPDATED THURSDAY, DECEM,BER 9A

Tourism workers’ pension scheme to start January 1

Bartlett: The thinking behind the pension scheme was to ensure that the workers of our industry can have an opportunity to look forward to a future that will secure them and their families. Tourism Minister Edmund Bartlett says the delayed pension scheme for tourism workers will be introduced on January 1. Legislation for the scheme […]

Driving Simulator Installed At Swallowfield Examination Depot

A driving simulator, valued at $5.4 million, has been installed at the Swallowfield Examination Depot in St. Andrew. The equipment, acquired by the Transport Authority (TA), and was officially handed over to the Island Traffic Authority (ITA) on Tuesday (Dec.7), will aid in developing the competence of learner drivers, thereby enhancing safety on the roadways. […]

Omicron unravels travel industry’s plans for a comeback

AP A man walks through a deserted part of Johannesburg’s OR Tambo International Airport, South Africa, on Monday, November 29. As countries shut their doors to foreign tourists or reimpose restrictions because of the new Omicron variant of the coronavirus, tourism that was just finding its footing again could face another major pandemic slowdown. Tourism […]