Home/2020/March

JAMPRO developing new measures to bolster economic growth, says Wehby

By |2020-03-31T13:20:57+00:00March 31st, 2020|news|

Chairman of JAMPRO, Senator Don Wehby, says the agency is developing new measures to bolster growth in the Jamaican economy. He is anticipating a trend towards buying local, more health-conscious consumption, rising e-commerce and expanding digital and online solutions. In a statement, Mr. Wehby said JAMPRO would provide increased support to the agri-business sector to [...]

10 vessels sitting in Port Antonio harbour

By |2020-03-31T13:16:43+00:00March 31st, 2020|news|

PORT ANTONIO, Portland — The West Harbour in this town is now home to 10 vessels with a combined 28 passengers whom the local authorities have refused landing in keeping with the Government's travel restrictions in the wake of the novel coronavirus disease (COVID-19) outbreak here. The vessels came into the harbour after Prime Minister [...]

Farmers expect they’ll lose millions

By |2020-03-31T13:13:02+00:00March 31st, 2020|news|

FARMERS in Walkerswood, St Ann, are expecting to lose millions in the coming weeks as the novel coronavirus disease (COVID-19) hits markets for their produce. Measures to arrest the infectious disease outbreak have forced the Government to close the country's borders to incoming passengers, effectively crippling the group's main market — hotels. Fifteen-year veteran and [...]

Age is not the only risk for severe coronavirus disease

By |2020-03-31T13:10:19+00:00March 31st, 2020|news|

WASHINGTON (AP) — Older people remain most at risk of dying as the new coronavirus continues its rampage around the globe, but they're far from the only ones vulnerable. One of many mysteries: Men seem to be faring worse than women. And as cases skyrocket in the U.S. and Europe, it's becoming more clear that [...]

Gov’t providing financial support for informal workers

By |2020-03-31T13:07:51+00:00March 31st, 2020|news|

Market vendors, taxi operators, barbers and hairdressers, among others in the informal sector who are hard hit by the coronavirus (COVID-19), are to benefit from financial support. Minister of Finance and the Public Service, Dr. Nigel Clarke, said the Government is working on a programme that will provide financial assistance for persons who may not [...]

Coronavirus and your investments Part 2

By |2020-03-31T13:00:27+00:00March 31st, 2020|news|

ASKING RIDGE, United States — In this image provided by Jay Woods, woods, a designated market maker with IMC and NYSE floor governor, who normally works on the New York Stock Exchange trading floor, works in his home office in Basking Ridge, New Jersey, on Thursday. (Photo: AFP) Is this the bottom of the market? [...]

Farming hit by COVID-19

By |2020-03-31T12:57:35+00:00March 31st, 2020|news|

As the impact of the novel coronavirus disease (COVID-19) pandemic is felt across the country, small farmers — especially those who supply produce to the now-dormant tourism sector — are among those most affected. With the temporary closure of hotels, many of these farmers now have no market for their goods and are suffering losses. [...]

COVID-19’s impact and possible solutions

By |2020-03-27T15:12:06+00:00March 27th, 2020|news|

The novel coronavirus has been wreaking havoc throughout the world, and projections are that what is to come will be even more dire than what we are experiencing today. Covid-19 has an impact on both the social and economic framework, in a very extreme way, with the immediate impact being that people don't get to [...]

Proactive measures being considered by Ministry of Finance

By |2020-03-27T15:09:20+00:00March 27th, 2020|news|

IN efforts to prepare for the impact of the coronavirus (COVID-19) pandemic on the economy, Minister of Finance Dr Nigel Clarke says his ministry and the Bank of Jamaica have developed a proactive approach in the method of scenario analyses. Scenario analysis, which is one of the main forms of projection, does not try to [...]

Photo Gallery

Go to Top