MONTEGO BAY, St James — Sandals International Resorts (SRI) revealed last week that the major slice of agricultural produce consumed by guests at Sandals properties in Jamaica, is grown locally. “Of the 5.4 million pounds of produce, including fruits and vegetables that all of our resorts (in Jamaica) consume annually, five million, or 90 per [...]
Speaking at the annual shareholders' tour of the Cement Company factory in Rockfort, Peter Donkersloot, general manager, shared the good news that his company is doing well, yet also shared his confusion as to why the official statistics do not reflect growth in the construction sector. “In terms of growth, our sales are up by [...]
KINGSTON, Jamaica — The House of Representatives this afternoon approved the new national minimum wage (NMW) of $7,000 per 40-hour work-week for the lowest paid workers. The new rate, which becomes effective on Emancipation Day, August 1, will increase the old rate of $6,200, which has been in effect since 2016. The minimum rate paid [...]
Playa Hotels & Resorts Limited expects to recoup its investment in the Jewel Grande and Hilton Rose Hall resort properties acquired under a deal with Sagicor Group Jamaica, in less than five years. The disclosure was limited to those two properties - both based in Montego Bay - and Playa is refusing to say why, [...]
JN Life Insurance Company is now offering health insurance coverage for policyholders visiting the Caribbean and United States, under different arrangements. The plan will utilise the Aetna network for medical services for Jamaicans while in the United States, but will operate on an open network within Caribbean markets, with no limitations on medical providers, according [...]
Insurance Company of the West Indies (ICWI) yesterday announced that it has distributed more than 300 water bottles to its staff to utilise, instead of disposable plastic cups, at water fountains in its 13 branches islandwide. The move, the company explained, forms part of its contribution to reducing the use of single-use plastics as the [...]
MOODY'S Investors Services has maintained its B3 rating for Jamaica, but has shifted its outlook on the country from stable to positive, the ratings agency announced last Friday. The international ratings agency said the key drivers for the improvement were ongoing fiscal consolidation which, if sustained, supports continued reduction in Government debt burden, as well [...]
Jamaica needs to place more attention on creating a disaster-resilient built environment in a push to lessen the impact of natural disasters, according to Craig Fugate, former director of the United States Federal Emergency Management Agency (FEMA). "We're not going to build resiliency overnight, but as we build new constructions, we need to factor in [...]
National Housing Trust, NHT, has released new information on the gender, income and age of buyers which shows that more Jamaicans aged 30 years and below are securing mortgages and that women are buying more homes than men, in general. The data supplied covered four fiscal years - periods ending March 2015 to March 2018 [...]
There are 24 hours in a day, yet we do not seem to have enough time to accomplish all that we set out to achieve, creating a constant need to multitask. While juggling many activities may be necessary in some circumstances, it is a definite no-no for others. "It's never, ever OK to multi-task while [...]
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