PIOJ Reports 0.3 Per Cent Growth for January to March

first_imgPIOJ Reports 0.3 Per Cent Growth for January to MarchJIS News | Presented by: PausePlay% buffered00:0000:00UnmuteMuteDisable captionsEnable captionsSettingsCaptionsDisabledQualityundefinedSpeedNormalCaptionsGo back to previous menuQualityGo back to previous menuSpeedGo back to previous menu0.5×0.75×Normal1.25×1.5×1.75×2×Exit fullscreenEnter fullscreenPlay RelatedPersons Can Apply for Property Tax Relief Story HighlightsJamaica’s economy grew by 0.3 per cent for the first quarter of the year, relative to the corresponding period in 2014, the country’s chief planning agency, the Planning Institute of Jamaica (PIOJ), is reporting.Director General of the PIOJ, Colin Bullock, said the services sector was the main driver of growth for the quarter.He was providing details of the country’s economic performance for the January to March 2015 period, at his Oxford Road offices in Kingston on May 20. Related200 Cataract Patients to Receive Free Eye Surgery FacebookTwitterWhatsAppEmail Jamaica’s economy grew by 0.3 per cent for the first quarter of the year, relative to the corresponding period in 2014, the country’s chief planning agency, the Planning Institute of Jamaica (PIOJ), is reporting.Director General of the PIOJ, Colin Bullock, said the services sector was the main driver of growth for the quarter.He was providing details of the country’s economic performance for the January to March 2015 period, at his Oxford Road offices in Kingston on May 20.“The positive out-turn for the January to March 2015 period largely reflected the impact of the improved global economic environment, particularly on some of the major service industries (Hotels and Restaurants, and Transport, Storage and Communication),” he said.The services industry is estimated to have increased by 0.6 per cent, with six of the eight service sectors recording growth during the review period. The industries registering the largest increases were Hotels and Restaurants (4.0 per cent); Other Services (1.5 per cent); and Transport, Storage and Communication (1.0 per cent).However, the Electricity and Water Supply and Producers of Government Services industries recorded declines of 2.8 per cent and 0.2 per cent, respectively.Highlighting other factors, which contributed to the economy’s growth,Mr. Bullock pointed out that there was an improvement in domestic demand, resulting from the strengthening of both business and consumer confidence levels.In addition, he pointed out that there was an intensification of road rehabilitation and repair works, new road construction and other building construction, including phase one and phase three of the north-south link of Highway 2000; as well as hotel construction and expansion, and construction of new office space to facilitate the expansion of Business Process Outsourcing (BPO) activities.In terms of the Goods Producing Industry, the Construction Industry, which increased by 1.4 per cent, was among those contributing to the growth of the economy.  However, the overall industry contracted by 0.7 per cent, with the Agriculture, Forestry and Fishing and Manufacturing registering declines in real value added during the review quarter.“The performance largely reflected the impact of the late start of the 2014/2015 sugar cane crop season as well as the continued contraction in the manufacturing industry.  The Agriculture, Forestry and Fishing industry contracted by an estimated 0.5 per cent,” the PIOJ Director General explained.Mr. Bullock pointed out that this was due to declines recorded for the traditional export crops, down 11.6 per cent, and post-harvest activities, down 4.8 per cent. However, other agricultural crops grew by 3.5 per cent.“The fall-off in output for traditional export crops reflected mainly lower sugar-cane production, stemming from the late start of the crop year. This was largely attributed to significant upgrading activities at two major factories. This resulted in a21.2 per cent decline in total sugar cane production,” he said.Mr. Bullock revealed that low output was also recorded for banana, which declined 3.8 per cent, and cocoa, down 60.9 per cent, which reflected the lingering impact of drought conditions. Coffee production, however, increased by 12.6 per cent.“The recovery in the other agricultural crops component was due to the impact of more favourable weather conditions on short-term crops. Forty-nine crop groups within this component recorded improvement,” he said.center_img Advertisements RelatedFinance Minister Leads Jamaican Delegation to 45th Annual Meeting of the CDB Photo: Donald DelahayeDirector General of the Planning Institute of Jamaica (PIOJ), Colin Bullock (foreground), addresses the PIOJ’s Quarterly Press Briefing at its Oxford Road offices in Kingston today (May 12). Also pictured is Deputy Director General, Economic Planning and Policy Logistics, PIOJ, Richard Lumsden. PIOJ Reports 0.3 Per Cent Growth for January to March Finance & Public ServiceMay 21, 2015Written by: Alecia Smith-Edwardslast_img read more

Marks Of Years

first_imgI travel in Mumbai local, meeting many young and old people.   From my childhood I never gave importance to age as proof I liked people with the spirit that matched mine and as I grew old I found some friends sharing my views, But lately, the new generation has been hinting at the age and trying to stress on the Mark’s of ageing on face and body. Eventually, this young generation will cross this period of youth and come to the next period which is the so-called “Aunty” or “Uncle” stage, but a person who is good at heart always looks beyond “wrinkles” and “finelines” to the experience of life and the person’s ability and qualities to sympathize empathize with others, the qualities like patience, tolerance, kindness many more.  I want to tell my sister’s who are in their forties that love your wrinkles and fine lines as I love on any of my seniors and on my mother and father.   Do we hate our mother and father or elder sister for their wrinkles? No.  So be carefree about wrinkles.last_img read more

NASCAR TV schedule: Week of March 12-18, 2018

first_imgWhat channels are NASCAR races on this week? We answer that and provide all the weekly NASCAR television listings here in the NASCAR TV schedule.Note: All times are ET.MORE: Get the NBC Sports App |  How to find FS1, FS2 | Get FOX Sports GO | How to find NBCSNMonday, March 123 a.m.: Monster Energy NASCAR Cup Series TicketGuardian 500 (re-air), FS16 p.m.: NASCAR Race Hub, FS16 p.m.: NASCAR America, NBCSNOn MRN:12 p.m.: MRN Motorsports Monday presented by Outback Steakhouse (Hosts: Steve Post, Erin Evernham)Tuesday, March 135 p.m.: NASCAR America, NBCSN7 p.m.: NASCAR Race Hub, FS1On MRN:7 p.m.: NASCAR Live (Host: Mike Bagley)Wednesday, March 145 p.m.: NASCAR America, NBCSN7 p.m.: NASCAR Race Hub, FS1On MRN:Noon: MRN Crew Call presented by Hercules Tires (Hosts: Dion Williams, Sammi Jo Francis)4 p.m.: NASCAR Coast to Coast (Hosts: Kyle Rickey, Hannah Newhouse)Thursday, March 155 p.m.: NASCAR America, NBCSN7 p.m.: NASCAR Race Hub, FS1On MRN:1 p.m.: Throwback Thursday presented by SunocoFriday, March 162:30 p.m.: Monster Energy NASCAR Cup Series practice, FS1, (Canada: TSN GO)3:30 p.m.: NASCAR Xfinity Series practice, FS1, (Canada: TSN GO)4:30 p.m.: NASCAR Race Hub: Weekend Edition, FS15:30 p.m.: NASCAR Xfinity Series final practice, FS1, (Canada: TSN GO)6:30 p.m.: NASCAR Race Hub: Weekend Edition, FS17 p.m.: Monster Energy NASCAR Cup Series qualifying, FS1, (Canada: TSN GO)On MRN:Noon: Inside Line Fantasy Racing Show (Hosts: Tyler Burnett, Robbie Mays)Saturday, March 173:30 a.m.: Monster Energy NASCAR Cup Series qualifying (re-air), FS112:30 p.m.: Monster Energy NASCAR Cup Series practice, FS1, (Canada: TSN2)1:30 p.m.: NASCAR Xfinity Series qualifying, FS1, (Canada: TSN GO)3 p.m.: NASCAR Race Hub: Weekend Edition, FS13:30 p.m.: Monster Energy NASCAR Cup Series final practice, FS1, (Canada: TSN GO)4:30 p.m.: NASCAR RaceDay, FS15 p.m.: NASCAR Xfinity Series race at Auto Club Speedway, FS1, (Canada: TSN3)7:30 p.m.: NASCAR Xfinity Series Post-Race Show, FS1Sunday, March 183:30 a.m.: NASCAR Xfinity Series race at Auto Club Speedway (re-air), FS11:30 p.m.: NASCAR Race Classic: 1998 Daytona 500, FS12 p.m.: NASCAR RaceDay, FS13 p.m.: Monster Energy NASCAR Cup Series Pre-Race Show, FOX3:30 p.m.: Monster Energy NASCAR Cup Series Auto Club 400, FOX, FOX Deportes, (Canada: TSN3)last_img read more