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Digicel Ja to pump $30b into digital deployment

By |2021-07-23T15:20:17+00:00July 23rd, 2021|news|

Declaring that Digicel is back, CEO of the telecom’s Jamaica operations, Jabbor Kayumov, says the company will be investing US$200 million, or nearly $31 billion, to accelerate the build-out of infrastructure and deployment of new technology over... To access this article in full please login or register today https://jamaica-gleaner.com/article/business/20210723/digicel-ja-pump-30b-digital-deployment

Ministry, GK collab on insurance for farmers, fishers

By |2021-07-22T14:31:37+00:00July 22nd, 2021|news|

Minister of Agriculture and Fisheries Floyd Green (right) peruses an application form with Jordon Tait, assistant general manager of GK Insurance, at the launch of GK Weather Protect, a crop insurance policy developed specifically for farmers and fishers. The launch was held at the ministry’s Hope Gardens offices on Tuesday. GK Insurance has come to [...]

Digicel to create 200 new jobs with Finance Shared Service Centre

By |2021-07-22T01:36:28+00:00July 22nd, 2021|news|

AS part of its commitment to Caribbean regional development, Digicel Group announced that it has begun an evaluation process of selecting a single Caribbean market in which to base its Finance Shared Service Centre. With Digicel's outsourced financial services function currently operating out of Chennai in India, the decision to insource the function will leverage [...]

Air fare gone sky high

By |2021-07-22T01:32:38+00:00July 22nd, 2021|news|

As vaccination rates increase across the world more people are packing their bags and heading to the airports. Already, international airlines are reporting a surge in passengers travelling for leisure. This is a signal that although the novel coronavirus pandemic is still ongoing, things are slowly getting back to normal. But it also means that [...]

Consumer, business confidence re-emerging

By |2021-07-22T01:28:27+00:00July 22nd, 2021|news|

Consumers and businesses were more confident about economic prospects in the second quarter of 2021 when compared to the prior quarter, but optimism among both groups still lags pre-pandemic levels. The business confidence index increased to 130.8 points in June, compared to 115.2 points in March 2021 and 115.4 points in June 2020. Consumer confidence [...]

Pensions industry expansion can aid economic growth

By |2021-07-20T13:55:30+00:00July 20th, 2021|news|

IT is felt in some sectors that growth of the pensions industry can contribute to overall economic growth and that the lagging pace of pensions growth in Jamaica is doing the reverse. Sanya Goffe, chairperson of the Pension Industry Association of Jamaica (PIAJ), says though the private pensions industry has been growing, coverage levels are [...]

Transport operators warned to lock in pensions early

By |2021-07-20T10:10:08+00:00July 20th, 2021|news|

Egeton Newman, president of the Transport Operators Development Sustainable Services, addresses stakeholders during a business and investment seminar held at Half-Way Tree Primary School on Sunday. Also in photo are Andrea Moore, chairperson of the Blue Ribbon First Responders Training and Certification Programme for Kingston and St Andrew, and Conroy Rose, CEO of Victoria Mutual [...]

Marathon shores up Jamaica’s Olympic effort with $12-million support

By |2021-07-15T12:56:15+00:00July 15th, 2021|news|

Marathon Insurance Brokers (MIB) has shored up Jamaica's Olympic effort with a multimillion-dollar sponsorship deal ahead of the Tokyo Games in two weeks. Having sponsored the Jamaican Olympic team to the London Games in 2012 and Rio de Janeiro in 2016, the insurance brokerage remains firm in its continued support of the nation's athletes on [...]

US consumer prices surge in June by the most since 2008

By |2021-07-15T12:52:39+00:00July 15th, 2021|news|

Prices for consumers in the United States jumped in June by the most in 13 years, evidence that a swift rebound in spending has run up against widespread supply shortages that have escalated the costs of many goods and services. Tuesday’s report from the US Labor Department showed that consumer prices in June rose 0.9 [...]

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