Tag: investment


Facebook Pledges Billion Dollar Investment In The News Industry

In a report recently, Facebook has pledged to invest at least $1 billion in the news industry over the next three years. The announcement came on the back of Australia’s government move to force tech platforms to pay for third party news content. Media companies have complained for years that they are not fairly compensated for articles and other content […]


Jamaica’s Tourism Projects Still On Tract

According to the Minister of Tourism, Edmund Bartlett, 90 percent of planned investments set for the tourism industry is still on stream, despite the effects of the COVID-19 pandemic. The Minister made his remarks while speaking at the official opening of the $253-million rehabilitated Guava Ridge to Content Gap road in East Rural St. Andrew. Mr. Bartlett said increasing hotel […]


New Year’s Tax Resolutions You Should Have In Mind For 2019

The 2018 tax overhaul impacted significant modifications to the code, such as limiting the deduction for state and local taxes, culminating in an ultimate expansion of tax credit even for children under the age of 17. Employers and pension payers lower their withholding for 2019, allowing taxpayers to get the benefits of lower rates instantly. But in as much as […]


Jamaica’s Tourism Market Increases Nearly 300,000 Monthly

Jamaica is set to construct an additional 6,000 hotel rooms starting next year January, according to Tourism Minister, Hon. Edmund Bartlett. Mr. Bartlett posited the view that different stakeholders stand to benefit, and moreover, the new venture will help to boost the economy. “The industry is growing. The demand is expanding. At 4.3 million visitors, our market has increased by […]

BUSINESS Commerce Social media

JAMPRO Targets Top-10 Ranking For Jamaica in Doing Business Report

The Jamaica Promotions Corporation (JAMPRO) is on a mission to get Jamaica to top-10 ranking in the World Bank’s Doing Business Report (DBR). The agency’s President, Diane Edwards, said that plans are in place for a ‘Getting to Top 10 DBR’ initiative, which is designed to identify and implement impactful reforms for Jamaica. “If we reach that goal … it […]


Are Millennials Stock Investment Shy?

Despite coming of age in the era of technology and rapid change, research has shown that millennials are not aggressive in staking an interest in the stock market. Sixty-one percent of millennials say that they are afraid of taking that first step in parting with their money in stock. This is shocking given the bull market run experienced over the […]