The Government has committed to reducing stamp duties and transfer taxes on land transactions. Transfer tax is a payment to the Commissioner of Stamp Duty at the rate of five per cent of the sale price or value for which the property is transferred. Minister without Portfolio in the Ministry of Economic Growth and Job Creation, Hon. Dr. Horace Chang,...

Jamaica and Cuba have pledged to identify ways to deepen collaboration and exchanges in trade, tourism, climate change, disaster mitigation, culture and education. This was disclosed by Prime Minister, the Most Hon. Andrew Holness, in a statement to the House of Representatives on Tuesday, June 7. Providing details on the Association of Caribbean States Summit held in Cuba on June...

Forty teachers, who have contributed significantly to the development of education in Jamaica, will be honoured with the Prime Minister’s Medal of Appreciation. Prime Minister, the Most Hon. Andrew Holness, will make the presentations during a ceremony scheduled for Thursday, June 23 on the lawns of Jamaica House, commencing at 6:30 p.m. Governor-General, His Excellency the Most Hon. Sir Patrick...

The Jamaica Defence Force (JDF) welcomed 199 new soldiers to its ranks at a ‘passing out’ parade at the Moneague Training Camp in St. Ann on June 4,  with Minister of National Security, Hon. Robert Montague reminding them of their duty to give their best in service to the country and their fellow citizens. The recruits, who make up Intake...

The Petroleum Corporation of Jamaica (PCJ) is assuring Jamaicans that seismic surveys for oil will not cause any disruptions to the environment. These activities, which are being undertaken by exploration company Tullow Jamaica, involve the use of sound waves to conduct imaging below the surface of the ocean. “The sound waves are like speakers, basically, which do some shaking. However,...

Minister of Industry, Commerce, Agriculture and Fisheries, Hon. Karl Samuda, says the Government has no intention of abandoning the local sugar industry. Addressing a ceremony in Savanna-la-Mar, Westmoreland, on June 4 to relaunch the parish’s Chamber of Commerce and Industry, the Minister said that abandoning the sugar industry would be a retrograde step, and would negatively impact thousands of workers...

Minister of Industry, Commerce, Agriculture and Fisheries, Hon. Karl Samuda, says the Government is focused on expanding the agricultural sector in order to reduce food imports and grow the economy. “In setting our goals for growth and prosperity, we recognise we can never really grow and be the masters of our own destiny unless we can expand on those things...