Government to explore special mortgages for teachers
Jamaica Observer

ST JAMES, Jamaica (JIS) — Minister of Education, Youth and Information, Senator Ruel Reid, says the Government will be looking at housing solutions for teachers with special mortgages, as a means of curbing migration...

Hundreds of trained teachers in basic and infant schools — Reid
Jamaica Observer

ST JAMES, Jamaica (JIS) – Minister of Education, Youth and Information, Senator Ruel Reid, says almost 800 trained teachers have been engaged in the basic- and infant-school departments to improve the quality of...

Forex: J$127.31 to one US dollar
Jamaica Observer

KINGSTON, Jamaica — The US dollar on Thursday, August 25, ended trading at J$127.31, up by six cents, according to the Bank of Jamaica’s daily foreign exchange trading summary. Local News Thu, 25 Aug 2016...

Musson's Paul Scott new PSOJ president
Jamaica Observer

KINGSTON, Jamaica — Chairman, CEO and principal shareholder of the Musson Group of Companies, Paul B Scott, was today elected the 18th president of the Private Sector Organization of Jamaica (PSOJ). Local News Thu,...

22.8% reduction in 6 categories of serious crimes — PIOJ
Jamaica Observer

KINGSTON, Jamaica (JIS) — The Planning Institute of Jamaica (PIOJ) is reporting a 22.8 per cent reduction in six of the seven categories of serious and violent crimes committed between January and June 2016, compared...

Proposed toll rates for North-South Highway not final rates — Henry
Jamaica Observer

KINGSTON, Jamaica — Minister of Transport and Mining, Lester ‘Mike’ Henry, is this afternoon setting the record straight on the application for new toll rates from the operators of the North-South Highway....

KSAC condemns killing of 2-y-o, ongoing violence in West Kingston
Jamaica Observer

KINGSTON, Jamaica — The Kingston and St Andrew Corporation (KSAC) today expressed concern about the flare-up of violence in sections of West Kingston, which recently claimed the life of two-year-old Demario White....

CAC urges parents to prioritise when buying textbooks
Jamaica Observer

KINGSTON, Jamaica (JIS) — The Consumer Affairs Commission (CAC) is urging parents to prioritise when purchasing textbooks for the new school year. Local News Thu, 25 Aug 2016 18:55:33 GMT KSAC condemns killing of...

Zika may persist in vaginal tract — study
Jamaica Observer

MIAMI, United States (AFP) — Zika may replicate in the vagina for several days after infection, researchers said Thursday after using lab mice to study sexual transmission of the virus blamed for serious birth...

Rain from storm causes rivers to surge in Dominican Republic 
Jamaica Observer

MIAMI (AP) — Rivers surged across a large section of the Dominican Republic on Thursday as a broad area of low pressure headed east to the Turks and Caicos Islands and the Bahamas, officials said. Local News Thu, 25...

Guyana Gov't offers public sector workers salary increase
Jamaica Observer

GEORGETOWN, Guyana (CMC) – Public sector workers earning less than GUY$99,000 (One Guyana dollar = US$0.04 cents) per month, have been offered a salary increase of 10 per cent. Local News Thu, 25 Aug 2016 14:46:52...

Hart urges gov’t not to ignore social infrastructure in US$40-m port expansion
Jamaica Observer

Prominent Montego Bay businessman Mark Hart is urging Government to ensure that the US$40 million project to improve the Montego Bay Port goes hand in hand concurrently with social infrastructural developments. Observer...

Shaw dismisses Phillips’ fears about 13th IMF test
Jamaica Observer

MINISTER of Finance and the Public Service Audley Shaw has described as “wild, mischievous and without substance”, the Opposition’s questioning whether the country has done enough to pass the latest...

Bank, realtor executives arrested, charged with fraud
Dominican Today

Santo Domingo.- National District prosecutor Yeni Berenice

¿Habla Español? JMMB’s new real estate fund could be for you
Jamaica Observer

Jamaican investors with an interest in the new US dollar real estate fund established by the JMMB group in the Dominican Republic — when it becomes open to them — will need a minimum $127,000 (US$1000) to invest...

Risk, loss and portfolio objectives
Jamaica Observer

We all want the best possible returns on our investments. Not only that, we also want so see those returns quickly and to be reassured by those giving us financial advice that we will only gain and not incur any losses....

Bell Lewis rings in new role with GraceKennedy
Jamaica Observer

Klao Bell Lewis has returned to Jamaica to become head of Corporate Communications at GraceKennedy, taking on the role on Monday this week. She will report to Don Wehby, Group Chief Executive Officer of GraceKennedy....

Cayman Authority mandates exclusive reporting officers for remittance companies
Jamaica Observer

GraceKennedy group whose subsidiary GraceKennedy Money Services (GKMS) operates branches of Western Union in the British Overseas Territory of the Cayman Islands is seeking an individual familiar with Cayman law to fill...

Drafting bottleneck: BOJ awaits new regulations for credit union oversight
Jamaica Observer

Bank of Jamaica (BOJ) officials have confirmed that they are still awaiting the return of revised and new regulations which will provide the basis on which the central bank will initiate oversight of the 34-member credit...

Hugh Reid to leave Scotia Jamaica Life Insurance Company
Jamaica Observer

With the pending resignation of the current president of its insurance arm, Scotia Jamaica Life Insurance Company Limited (SJLIC), Scotia Group is on the hunt for a fresh leadership for the subsidiary. Local Business Wed,...

Fine Spanish wines now distributed in Jamaica
Jamaica Observer

Bahia Principe is now the first resort in Jamaica to serve the Castillo de Damiel line of fine Spanish wines to its guests. Local Business Wed, 24 Aug 2016 00:00:00 GMT Hugh Reid to leave Scotia Jamaica Life Insurance...

Outameni is back on the sale block
Jamaica Observer

One year after its first invited bids for the purchase of the Orange Grove estate in Trelawny, better known as Outmeni, the National Housing Trust (NHT) is again inviting applications for either the purchase or lease of...

Blue Power to increase soap production
Jamaica Observer

Dhiru Tanna, Chairman of Blue Power Ltd reported this week that profit for the company doubled in its first quarter ended July, noting that the results reflect improved margins in both the lumber and soap divisions, lower...

Agreement reached for completion of Baha Mar project
Jamaica Observer

NASSAU, Bahamas (CMC) – An agreement has been reached between the government and the Export Import (EXIM) Bank of China for the completion of the multi-billion dollar Baha Mar tourism project. Local Business Wed, 24...

Firms wait to list on Junior Market of Jamaica Stock Exchange
Jamaica Observer

Gary Peart, CEO of Mayberry Investments Ltd, indicated yesterday that the company has “several” firms waiting for listing on the Junior Market of the Jamaica Stock Exchange (JSE). However, the prospectus for...

Dolphin Cove has big plans for Prospect Outback Adventure
Jamaica Observer

Dolphin Cove will be relaunching its Ocho Rios venue, Prospect Outback Adventure, as an all-inclusive theme park in a bid to increase tourist interest in the destination. Local Business Wed, 24 Aug 2016 00:00:00 GMT Firms...

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