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ODPEM on standby as Danny strengthens

By |2018-08-17T06:55:29+00:00August 24th, 2015|news|

Saturday, August 22, 2015 HURRICANE Danny is not a threat to Jamaica at the time, but the country's Office of Disaster Preparedness and Emergency Management (ODPEM), in collaboration with the Meteorological Service, was not taking anything for granted and is on standby as the weather system drew nearer to the Windward Islands last night. "The [...]

Anika Gray – Making health insurance mandatory

By |2018-08-17T06:55:29+00:00August 24th, 2015|news|

Published:Sunday | August 23, 2015 For many years, Rosie would complain of joint pains but she never visited the doctor. She worked all her life braiding the hair of white tourists in Ocho Rios. She recently had to stop working because the joint pains in her hands and knees had become excruciatingly painful. She finally [...]

Woman arrested for involvement in health insurance scam

By |2018-08-17T06:55:29+00:00August 24th, 2015|news|

From RJR Website 12:40 pm, Thu August 20, 2015 A woman accused of  being involved in a health insurance scam has been arrested by the police. Twenty-five-year-old Dian Brown, a factory worker of  Central Village, Spanish Town, St. Catherine was on Wednesday charged with breaches of  the Larceny Act. According to the police, from August [...]

TROPICAL STORM DANNY

By |2015-08-24T17:52:38+00:00August 24th, 2015|news, Uncategorized|

Tropical storm Danny, the first named storm of the 2015 Atlantic hurricane season, continues to develop about halfway between Africa and the Lesser Antilles.         Danny is forecast to reach hurricane strength by Thursday.         The computer model forecast shows that it may not reach near the eastern Caribbean Sea until early next week. [...]

News Release – Consumer Price Index – July 2015

By |2018-08-17T06:55:30+00:00August 24th, 2015|Press Releases|

August 17, 2015 The Statistical Institute of Jamaica (STATIN), reports that for July 2015 the All Jamaica ‘All Divisions’ Consumer Price Index was 227.2 indicating an increase of 0.9 per cent. The index for the heaviest weighted division, ‘Food and Non-Alcoholic Beverages’ recorded the highest movement for the month, 2.2 per cent. Contributing mainly to [...]

Press Release – Quarterly Gross Domestic Product (GDP)

By |2015-08-19T16:38:31+00:00August 19th, 2015|Press Releases|

July 1, 2014 The Jamaican economy grew by 1.6 per cent in the first quarter of 2014 when compared to the similar quarter of 2013. This performance resulted from increased output levels in both the Goods Producing industries of 5.5 per cent and Services industries of 0.3 per cent. For the fiscal year 2013/2014 the [...]

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General Accident reports significant drop in half-year profit

By |2015-08-19T16:31:15+00:00August 19th, 2015|news|

From RJR Website General Accident has reported that its profit in first half of this year was $27 million. That was well below the performance of the first six months of 2014, when General Accident reported $187 million in profit. According to General Accident, the largest factor behind the disappointing result was its claim experience. [...]

BANK OF JAMAICA PRESS RELEASE AUGUST 17, 2015

By |2015-08-19T16:25:55+00:00August 19th, 2015|Press Releases|

17 August 2015   Bank of Jamaica Reduces Benchmark Interest Rate Bank of Jamaica announces that with effect from 18 August 2015, the rate offered on its benchmark 30-day Certificate of Deposit will be reduced to 5.25 per cent from 5.50 per cent. Macroeconomic vulnerabilities continue to be reduced in the context of the strong [...]

Used-car group makes submissions today

By |2015-08-19T16:17:36+00:00August 19th, 2015|news|

Lynvalle Hamilton TODAY, the Jamaica Used Car Dealers' Association (JUCDA) is expected to submit concerns and recommendations to Anthony Hylton, the Minister of Industry, Investment and Commerce, on certain aspects of the revised Motor Vehicle Import Policy. The policy came into effect in April 2014. According to JUCDA president Lynvalle Hamilton, the situation was discussed [...]

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Strategies for investing in bonds

By |2015-08-19T16:11:29+00:00August 19th, 2015|Financial Planning|

SHANGHAI, China — Investors monitor screens showing stock market movements at a brokerage house in Shanghai on Thursday. (PHOTO: AFP) AN investor's decision to buy a particular bond or series of bonds is typically dependent on an assessment of one's investment goal, time horizon and the amount of risk that one is willing to take. [...]

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