The Bank of Jamaica (BOJ) notes a consistent increase in the monthly point-to-point inflation rate as of October 2022, which now stands at 9.9 per cent.
Jamaican conglomerates Jamaica Producers Group Limited (JP) and PanJam Investment Limited (PanJam) have announced that they will merge their operations.
Read more: PanJam and Jamaica Producers announce multi-billion dollar merger
Fontana Pharmacy in collaboration with Mattel Inc. has released UNO Jamaica, the classic card game with a Jamaican twist. Available starting today, the card game will be sold exclusively at Fontana Pharmacy and fontanapharmacy.com.
Read more: Fontana Pharmacy releases UNO Jamaica playing cards
The Bank of Jamaica (BOJ), today, announced an increase in the policy interest rate by 50 basis points (bps) to 7 per cent. The current decision has resulted in a cumulative increase in the policy rate since October 2021 of 650 bps
Read more: BOJ hikes interest rate to 7%, prepared to pause further increases
The Ministry of Finance and the Public Service (MOFPS) has reached agreement with a number of major public sector trade unions, including a majority of the unions in the Jamaica Confederation of Trade Unions, on the new, restructured public sector compensation system.
Read more: Major unions sign new public sector compensation agreement