2024-11-24 - الأحد
Housing Bank Recognizes Several Female Traffic Sergeants on International Women's Day The Housing Bank Launches its “Fast Track” Financing Service for Small and Medium Enterprises Announcing the Khalifa International Award for Date Palm and Agricultural Innovation Winners’ names World Aquatics reveals exciting Egypt Aquatics Festival for May 2023 Embassy of Pakistan, Amman, Jordan Observes Arab Bank Brings Apple Pay to Customers “ The Housing Bank Group’s Net Profit for 2022 Increased by 20.2% over Previous Year, Recommending a Cash Dividend of 25% of the Share Nominal Value “ ARAB BANK GROUP REPORTS NET PROFITS OF $544.3 MILLION FOR 2022, 25% CASH DIVIDENDS LIFESTYLE BRAND CORE NAMED TITLE SPONSOR OF THE FORMULA E 2023 CORE DIRIYAH E-PRIX Jordanian Phosphate and the Omani Investment Authority are discussing joint cooperation The king discusses by telephone with the Sultan of Oman bilateral relations A royal will approving an amendment to Dr. Al-Khasawneh's government Sponsored by the President of the Jordan and Amman Chambers of Industry Crown Prince receives Egypt president upon arrival in Jordan The President of the University of Jordan, Dr. Nazir Obeidat, decided to cancel the university's sixtieth anniversary party, in mourning for the souls of the martyrs of Public Security. The Armed Forces mourn the martyrdom of three employees of the Public Security Directorate The Public Security Directorate announced the martyrdom of Colonel Abdel-Razzaq Abdel-Hafez Al-Dalabeh, Deputy Police Director of Ma'an Governorate The Public Security Directorate announced the martyrdom of Colonel Abdel-Razzaq Abdel-Hafez Al-Dalabeh, Deputy Police Director of Ma'an Governorate Attempt to smuggle 200k Captagon tablets, 2.5 kg crystal meth foiled The Moroccan national team meets its French counterpart in the World Cup semi-finals tonight

Restaurants, sweet shops call for facilitations, extended window for paying mounting dues

Restaurants, sweet shops call for facilitations, extended window for paying mounting dues
Nayrouz News Agency : The Jordan Association for Restaurants and Sweets Shops Owners on Tuesday called on the government to adopt measures that would protect the sector from further losses during the COVID-19 crisis.

"Restaurant owners have already suffered from the long closure period and they just started to stand on their feet, but are now faced with financial obligations such as piled-up utility bills and returned cheques,” association President Omar Awad told The Jordan Times.

Usually, shop owners pay suppliers with post-dated cheques and many of the cheques have bounced because "there is not enough balance in their bank accounts because of the forced work stoppage”, Awad explained.

The Central Bank of Jordan gave restaurant owners a 60-day grace period for bounced cheques but this is "not enough” since the establishments opened recently, and they still do not have enough cash to meet their financial obligations, take loans or obtain chequebooks, he said.

The same goes for Social Security Corporation (SSC) employee payments, Awad added.

"The SSC should be more cooperative with restaurant owners by further delaying establishments’ payments to their employees,” Awad said.

"The whole idea is to protect the sector owners and employees who were hit hard by the lockdown and to ensure that they will not suffer from financial constraints or legal actions,” Awad added.

Following the government’s decision in mid-March to introduce strict preventive measures to combat the spread of the novel coronavirus, economists and unionists warned that many sectors would be impacted and that it could result in a large-scale regression if not a complete economic halt effected by the new rules.

They called on the government to grant a grace period for all economic sectors to pay their financial dues, including sales, loans and income taxes and social security.

مدينة عمان