Your news in a nutshell
- Fun in the Son line-up to save souls
- Increase in work permits not significant – Min of Labour
- Petrojam scandal continues
- $5,200 limit to high school registration packages
- BOJ reduces policy rate
- Brewing blue with Starbucks
Fun in the Son Gospel Fest is more than just a free and entertaining show where Christians can have a good time. In fact, the popular summer event is more of an avenue for sinners to find repentance than for those who already know Christ, according to founder of the event Tommy Cowan. See full story on The Gleaner’s website.
Labour and Social Security Minister Shahine Robinson is maintaining that the Government is committed to ensuring that priority is given to Jamaicans within the local labour force. The commitment comes after her ministry refused only 15 of the 5,717 applications it received for work permits last year. See full story on The Gleaner’s website.
Chairman of Marathon Insurance Brokers (MIB) Richard Burgher has dismissed the “defence offered by Petrojam” through its parent ministry for extending an insurance contract for two years at a cost of $420 million more than available on the market. MIB responded to a tender put out by Petrojam inviting a provider for insurance services to staff. See full story on The Gleaner’s website.
The Ministry of Education has directed that the cost of registration packages for secondary-level students should be kept between $1,000 and $5,200. School administrators are advised to adhere to the directive, which is in keeping with the funding guidelines for public schools. Under the arrangement, the Government is absorbing the costs for core operations at the secondary level, while parents will continue to make contributions to school development and sports. See full story on The Gleaner’s website.
Bank of Jamaica (BOJ) has lower the policy rate by 50 basis points to 2.00 per cent effective today in light of lower than expected inflation. The policy rate refers to the interest rate offered on overnight placements with the central bank. The BOJ notes that in March, April and May 2018 inflation fell below the lower end of its target of 4.0 per cent to 6.0 per cent. See full story on The Gleaner’s website.
Mimosas, sangrias and frappes. That was a taste of the sipping offerings at the highly anticipated grand opening of Starbucks in St Andrew last Sunday afternoon. The Liguanea launch saw sponsors and socialites coming out in fabulous apparel to the uniquely chic oasis, created on the outskirts of the cafÈ. See full story on The Gleaner’s website.