The Jamaica Hotel and Tourist Association (JHTA) is projecting an average 65 per cent occupancy for the 2021 winter tourist season. This would be similar to 2019, which was the best winter tourist season in recent times. According the just re-elected JHTA president Clifton Reader, tourism is rebounding amid the COVID-19 pandemic but there is no time for complacency. […]
Apart from the convenience, there are advantages to using credit cards. People who pay in full and on time may consider that they do get free short-term credit. Users of some cards may benefit from discounts from some providers of goods and services and frequent-flyer miles may be earned for international travel in some cases. […]
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Prime Minister Andrew Holness (second left, seated), signs the contract for the enactment of the Montego Bay Perimeter Road Project on November 24 in a ceremony held at Jamaica House. Other signatories pictured from left (seated) are Permanent Secretary in the Ministry of Economic Growth and Job Creation Audrey Sewell; General Manager, China Harbour Engineering […]
1 comment Following an estimated 6.3 per cent real value added in gross domestic product (GDP) output from the local economy during July-September, the Planning Institute of Jamaica (PIOJ) has projected further growth over subsequent quarters and the remainder of the fiscal year. Speaking at a quarterly media briefing held virtually yesterday, Dr Wayne Henry, […]
Jamaica Customs Agency (JCA) has said that amid some downturns brought on by the novel coronavirus pandemic, trade volumes have increased by 126 per cent relative to the pre-pandemic era and have been positively impacting revenue streams. According to Earl Stewart Jr, director of planning and research at the JCA, some of the areas accounting […]
With inflation pushing consumer prices higher and the novel coronavirus pandemic creating uncertainty among shoppers, retail sales ahead of the Yuletide season are lagging, with expectations for a soft Christmas shopping season which normally accounts for roughly a quarter of annual sales for most businesses. President of the Private Sector Organisation of Jamaica (PSOJ) MSME […]
Concerns have been expressed that pension funds are fuelling what could become a real estate bubble, as many of the properties they own are empty. However, industry participants say the funds are benefiting as properties improve in value even without rental income. Sanya Goffe, attorney-at-law and president of the Pension Funds Association of Jamaica, told […]
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AddThis Sharing Buttons Share to Print Share to FacebookShare to TwitterShare to EmailShare to More KINGSTON, Jamaica— Minister of Housing, Urban Renewal, Environment and Climate Change, Pearnel Charles Jr, says that the Government is working with private developers to provide affordable and environmentally friendly housing solutions for Jamaicans. “We are supporting and partnering with private […]
