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Minister of Finance and the Public Service, Hon. Fayval Williams, opens the 2025/26 Budget Debate in the House of Representatives on Tuesday (March 11).

GCT Exemption Threshold for MSMEs Increased to $15 Million

The Government has announced an increase in the General Consumption Tax (GCT) exemption threshold from $10 million to $15 million for micro, small and medium-sized enterprises (MSMEs). Minister of Finance and the Public Service, Hon. Fayval Williams, in opening the...

Minister of Labour and Social Security, Hon. Pearnel Charles Jr. (right), speaks with Hurricane Beryl relief cheque beneficiary Lorna Langley (left) while holding her grandson Nickao Beech. Occasion was the cheque handover ceremony at the St. Gabriel's Anglican Church in May Pen, Clarendon, on March 11.

PHOTOS: Hurricane Beryl Cheque Presentation, Clarendon

Minister of Foreign Affairs and Foreign Trade, Senator the Hon. Kamina Johnson Smith (second right) and Ambassador of Peru to Jamaica, Mario López Chavarri (left) listen as muralist Michael Elliot (right) highlights features of the mural ‘Meet me in the mountains of Peru’. The artwork was unveiled at the Kingston Art district, downtown Kingston on March 11.

PHOTOS: Unveiling of Mural ‘Meet Me in the Mountains of Peru’

Gov’t Set to Roll Out Public Sector Pay-for-Performance System in 2025/26

Representatives of tourism entities and local manufacturers and suppliers participate in the annual speed networking event, hosted by the Tourism Linkages Network at the Montego Bay Convention Centre in St. James.

140 Suppliers and 20 Tourism Entities Gear Up for Annual Speed Networking Event on March 13

Minister of Finance and the Public Service, Hon. Fayval Williams, emphasises a point while delivering the opening 2025/26 Budget Debate presentation in the House of Representatives on Tuesday (March 11).

1 year ago BudgetDevelopmentFinance & Public Service

Gov’t Moves to Update Income Tax Relief Act for Large-Scale Projects and Pioneer Industries

The Government is in the process of repealing and updating the Income Tax Relief (Large-Scale Projects and Pioneer Industries) Act to, “ensure that it is fit for purpose” according to Minister of Finance and the Public Service, Hon. Fayval Williams. The revamped legislation is expected to offer a range of tax benefits to large-scale investors. Minister Williams, who was delivering...

The Minister of Culture, Gender, Entertainment and Sport, the Honourable Olivia Grange (centre) in a race on the new running track at the National Stadium with (from left) Tim Jordan and Doug Stone both of Rekortan; the former world 100 metres record holder Asafa Powell; and Grand Slam Track Venue Director, Don Lockerbie.

1 year ago Press ReleaseSport

Grange: Resurfacing of Running Track at National Stadium Completed

The Minister of the Culture, Gender, Entertainment and Sport, the Honourable Olivia Grange, has congratulated all members of the team who participated in the resurfacing of the running track at the National Stadium. The Minister lauded the team of local and overseas workers as she toured the facility on Wednesday. Minister Grange said the resurfacing work has been completed ahead...

Minister of Finance and the Public Service, Hon. Fayval Williams, delivers the opening 2025/26 Budget Debate presentation in the House of Representatives on Tuesday (March 11).

1 year ago BudgetCommerceFinance & Public ServiceIndustryInvestment

Jamaica Stock Exchange to Establish Micro Market

The Government has accepted a proposal from the Jamaica Stock Exchange (JSE) to establish a Micro Market. The JSE Micro Market will meet the needs of micro, small and medium-size enterprises (MSMEs) in the $10 million to $50 million participating equity capital bracket. This was announced by Minister of Finance and the Public Service, Hon. Fayval Williams, while opening the...

President of Caribbean Maritime University (CMU), Professor Andrew Spencer (left) and President of the University of Technology (UTech), Dr. Kevin Brown (second right), sign a Memorandum of Understanding (MOU) to foster closer collaboration between the institutions, at the CMU campus at Palisadoes Park in Kingston on Tuesday (March 11). Witnessing the signing are UTech Registrar, Marion Brown (second left) and CMU Deputy Registrar, Tesha Walker Brown.

1 year ago EducationYouth

CMU and UTECH Sign MOU

The Caribbean Maritime University (CMU) has signed a Memorandum of Understanding with the University of Technology, Jamaica (UTech) that will provide for the development of academic and educational cooperation and promote relations and mutual understanding between the institutions. CMU President, Professor Andrew Spencer and President of UTech, Dr. Kevin Brown, affixed their signatures to the agreement at the CMU’s main...

Senior Rural Agricultural Development Authority (RADA) Livestock Specialist, Maxine Brown.

1 year ago Agriculture

RADA Encourages Farmers to Plan for Drought During Periods of Rain

The Rural Agricultural Development Authority (RADA) is urging farmers to maximise on periods of rainfall as part of drought management efforts. Livestock Specialist with RADA, Maxine Brown, said that drought planning is ideal during periods of rainfall. “I find a lot of persons plan for drought, in the drought, and we have to always remember that we need to plan...

1 year ago EducationFinance & Public ServiceOffice of the Prime Minister

CHASE Awards 4,909 Scholarships Since 2003

The Culture, Health, Arts, Sports and Education (CHASE) Fund, since its inception in 2003, has awarded 4,909 scholarships, valued at $829 million, to more than 2,000 early-childhood-education practitioners and leaders pursuing undergraduate and graduate degree programmes. Focus areas include early-childhood education, special education, literacy and numeracy, curriculum development, educational leadership and educational administration, at tertiary institutions locally and overseas. Minister...

1 year ago BudgetFinance & Public Service

Microinsurance Legislation Heading to Parliament in Fiscal Year 2025/26

Legislation aimed at facilitating the establishment of microinsurance for low-income earners will be introduced to Parliament during fiscal year 2025/26. This was disclosed by Minister of Finance and the Public Service, Hon. Fayval Williams, during her maiden 2025/26 Budget Debate presentation in the House of Representatives on Tuesday (March 11). She stated that an insurance company, in providing an estimate,...