Kalilah Reynolds, Author at Nationwide 90FM: Recent Episodes
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Managing Director of Wigton Wind Farm, Earl Barrett, is imploring the government not to grant any more licenses for fossil fuel plants until all renewable energy options are exhausted. Fossil fuels include oil and natural gas. Jamaica has been turning more to natural gas in recent times. He adds that Wigton sees major opportunities for […]
The post Wigton Urges Gov’t Not to Grant More Licenses for Fossil Fuel Plants appeared first on Nationwide 90FM.
Managing Director of Wigton Wind Farm, Earl Barrett, says the company is actively pursuing potential projects to expand both locally and in the region. Mr. Barrett was speaking yesterday at the company’s first Annual General Meeting since listing on the Jamaica Stock Exchange last year. According to Barrett, the COVID-19 pandemic has delayed their expansion […]
The post Wigton Wind Farm Looking to Expand Locally & Regionally appeared first on Nationwide 90FM.
Business and Consumer Confidence continues to decline. CEO of Market Research Services Limited, Don Anderson, presented the findings of the Jamaica Chamber of Commerce’s latest survey this morning. According to Mr. Anderson, 65-per cent of consumers think the economy will get worse over the next twelve months. Mr. Anderson says there’s been a similar fall-off […]
The post LISTEN: New Survey Shows Business and Consumer Confidence Continues to Decline appeared first on Nationwide 90FM.
The government will have to significantly tighten its belt in the next two years, in order to pay for the current COVID-related spending and meet its debt targets. According to Deputy Financial Secretary, Dian Black, the primary surplus target will have to be raised as high as 8.3% in 2022/23, to get the country back […]
The post Government Will Have To ‘Tighten Its Belt’ To Pay COVID-19 Spending Bill appeared first on Nationwide 90FM.
Kalilah Reynolds reports. _______________________________________________________________________________________________________ Chief Technical Director of the Financial Investigations Division, FID, Selvin Hay, says convicted ponzi schemer, David Smith, could still be prosecuted in Jamaica. Smith, who ran the Olint ponzi scheme, was released from prison in the Turks and Caicos Islands last week, after serving a ten-year sentence. Thousands of Jamaicans also […]
The post Convicted Ponzi Schemer David Smith – Who Ran Olint – Could Still be Prosecuted in Jamaica – FID appeared first on Nationwide 90FM.
Some clothing items made in Jamaica and other Caribbean countries will continue to get preferential duty-free access to the United States. US President Donald Trump signed an extension to the Caribbean Basin Economic Recovery Act over the weekend. The Caribbean Basin Trade Partnership Act, CBTPA, which is a part of the larger act, expired on […]
The post US Extends CBERA Agreement Allowing Some Duty-Free Exports from Jamaica appeared first on Nationwide 90FM.
Kalilah Reynolds reports. _______________________________________________________________________________________ CEO and Managing Director of Island Grill, Thalia Lyn, says her company lost as much as 68-percent of their sales at the start of lockdown and curfew measures earlier this year. She’s joining an increasing number of business leaders calling on the government to ease the curfew restrictions, and focus instead […]
The post Island Grill Joins Chorus of Calls For Relaxation of COVID-19 Curfew Restrictions appeared first on Nationwide 90FM.
Kalilah Reynolds reports. _______________________________________________________________________________________________ The government needs to collect more tax revenues, or run the risk of missing the country’s economic targets, such as reducing debt. That’s according to Chairman of the Economic Programme Oversight Committee, EPOC, Keith Duncan. Mr. Duncan was the guest speaker at a meeting of the Rotary Club of St. Andrew […]
The post Increase Tax Revenues Or Run The Risk of Missing Economic Targets – EPOC appeared first on Nationwide 90FM.
Our Business and Finance Editor, Kalilah Reynolds reports. ______________________________________________________________________________________ The worst quarterly decline in Jamaica’s history! The Statistical Institute of Jamaica, STATIN, has released data showing the economy contracted by 18 percent for the second quarter of 2020, between April and June. This means Jamaica is officially in a recession. The decline is driven primarily […]
The post Jamaica in Recession: April-June Quarter Worst in History appeared first on Nationwide 90FM.
President of the Caribbean Development Bank, CDB, Dr. Warren Smith, is urging Caribbean states to ramp up exports. He stresses that this will make countries in the region more resilient to economic shocks. Dr. Smith says the public and private sectors must both play a role in diversifying the economy. Meanwhile, the outgoing CDB President […]
The post CDB Boss Urges Caribbean States to Ramp Up Exports appeared first on Nationwide 90FM.