Entire closure of Jamaica’s tourism industry due to COVID-19
Tourism Minister Edmund Bartlett is admitting that the entire tourism industry in Jamaica is facing imminent closure given the travel restrictions on many of its source markets as well as local containment and restriction protocols…
NHT Relief – Sweetener For New Borrowers, 100,000 Mortgagors To Benefit From Rate Cut
With the COVID-19 pandemic turning its screws on the Jamaican economy, Prime Minister Andrew Holness yesterday announced a stimulus package to reduce interest rates by one percentage point to new National Housing Trust (NHT) borrowers while offering existing mortgagors a 0.5 per cent rate cut…