The maximum payout to depositors, in prescribed circumstances pursuant to Section 18 (1) of the Deposit Insurance Act (DIA) was increased from J$600,000.00 to J$1,200,000.00. The increase which is effected through a Ministerial Order has been approved by both Houses of Parliament. The increase will take effect August 31, 2020, after publication in the Gazette. At this threshold, approximately 97...

With the continued increase in the number of COVID-19 cases in St. Thomas, the decision has been taken to put additional communities within the parish under quarantine. The communities are Albion and Seaforth that have seen 13 cases over the last three weeks. Many of the cases are symptomatic, which is a cause for concern and suggests that there may...

Minister of Education, Youth and Information, Hon. Karl Samuda, says a risk assessment of trends in the new coronavirus (COVID-19) cases is being done by health officials to assist in determining whether the proposed phased reopening of schools for the 2020/21 academic year, beginning September 7, should proceed or be delayed. “If the cases continue to spike and it is...

Prime Minister, the Most Hon. Andrew Holness, is calling on candidates involved in the 2020 General Election to conduct their campaign activities free of intimidation and confrontational and violent practices. “It is not necessary in modern Jamaica… . It is something that we should eschew, we should repudiate and we should be on every platform instructing our supporters not to...

The Real Estate Board (REB) is reminding professionals to renew their real estate licence by the August 31 deadline. “Professionals who practise after the August 31 expiration of their licence, without renewal, are, in fact, practising illegally,” Chief Executive Officer of the REB, Sandra Garrick told JIS News. She said that in accordance with regulations, dealers and salesmen are allowed...

Returning Jamaicans and visitors to the island are being reminded to obey the protocols and rules outlined by the Government of Jamaica to prevent the spread of the coronavirus (COVID-19). Up to Wednesday (August 18), Jamaica had recorded 17 new COVID-19 cases, bringing to 1,146, the total number of confirmed positive cases of the virus to date. Six of the...

Tax Administration Jamaica wishes to advise the public that several reports have been received that persons, including some who recently travelled from overseas, who should be in quarantine have been violating the orders and visiting the Tax Offices to conduct business. The Tax Authority, after consultation with the Jamaica Constabulary Force and Ministry of Health and Wellness has implemented a...