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The Bank of Jamaica's (BoJ) Gross International Reserves (GIR) at end of June 2010 amounted to over US$2. 5 billion, representing nearly 20 weeks of projected goods and services imports relative to the international benchmark of 12 weeks. The stock of Net International Reserve (NIR) at the end of that period was just under US$1. 8 billion, higher than the...

The assets of the National Insurance Fund (NIF) were valued at $62 billion at the end of July this year, an increase of 17 per cent over the $53 billion recorded in July of 2009. This was announced by Senior Director of Investments at the NIF, Audrey Deer-Williams, at a JIS 'Think Tank', on August 19. The Senior Director assured...

Global Links, a United States based charitable organisation out of Pittsburg, Pennsylvania, has donated over US$7 million in medical equipment to hospitals in Jamaica since 1989, to assist in improving healthcare delivery. Chairman of Global Links Board of Directors, Dr. Margaret Larkins-Pettigrew. According to Chairman of Global Links Board of Directors, Dr. Margaret Larkins-Pettigrew, some of the island's hospitals that...

Minister of Transport and Works, Hon. Michael Henry, says that the new completion date for the $1.3 billion Bogue Road project will be October 30. The project has been hampered by 'unforeseen' challenges, which has plunged it into cost overruns as well as delays, resulting in three missed completion deadlines. Addressing members of the Montego Bay Chamber of Commerce and...

The Planning Institute of Jamaica (PIOJ) is partnership with the Inter-American Development Bank (IDB) to stage a two-day National Workshop on Disaster Risk Indicators for Jamaica, from Monday, August 23, to Tuesday, August 24, at its head office in Kingston. According to the Director of Sustainable Development & Regional Planning at the PIOJ, Claire Bernard, the workshop is geared to...

Director General of the Planning Institute of Jamaica (PIOJ), Dr. Gladstone Hutchinson says the Vision 2030 Jamaica National Development Plan incorporates many steps, to ensure that it is a viable option for the country. "It incorporates lessons learned from the errors of previous plans and all the best practices regionally and globally, and is flexible and responsive," the PIOJ Head...

Parliamentary Secretary in the Ministry of Youth, Sports and Culture, Senator Warren Newby, has called on Jamaican youths to reach within their own resolve and become self-reliant in their transformation. "I want to encourage our young people to reject negativism and use their creative abilities to shape the Jamaica in which they want to live; to end this mission of...

Residents of Tredegar Park, St. Catherine, who have been traumatised by last week's attack on the community, were provided with counselling and therapy sessions at the Tredegar Park Seventh-Day Adventist Church Thursday (August 19). Senior Social Worker with the Peace Management Initiative (PMI), Berthlyn Plummer, speaking with JIS News about the social intervention that took place in Tredegar Park, St....

Minister of Transport and Works, Hon Michael Henry, broke ground for a US65 million project, aimed at rehabilitating the Palisadoes coastline and improving the roadway which connects Port Royal to Kingston, on Friday (August 20). The Palisadoes Shoreline Rehabilitation and Protection Project is being undertaken by the China Harbour Engineering Company (CHEC), through a loan from the China Eximbank, and...

New traffic arrangements will come into effect along the Portmore leg of Highway 2000 in St. Catherine, on August 27, in a bid to ease congestion during the morning and evening peak hours. Operations and Maintenance Manager at Jamaica Infrastructure Operator Limited (JIO), Desmond Levy, explained that it is proposed to open the three Kingston-bound lanes on weekday mornings, between...

Technical Manager of the National Road Operating and Constructing Company Limited (NROCC), Desmond Martin, says Phase I of corrective works being effected on the eastbound carriageway of the Portmore leg of Highway 2000, in St. Catherine, is on target for completion by August 31. The works, which commenced in May, are being undertaken by Highway 2000 developers, French firm, Bouygues,...

The Independent United Order of Solomon (IUOS), in Canada, has launched a medical scholarship tenable at the University of the West Indies (UWI), in memory of the late Prime Minister, the Most Hon. Michael Manley. This announcement was made recently at an event held at the Toronto offices of the Consulate General of Jamaica, and attended by Mr. Manley's daughter,...