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The Bank of Jamaica Act is to be amended by December this year, to establish the legal framework to support its responsibility for overall financial system stability. Making the disclosure at Tuesday's (January 19) sitting of the House of Representatives, Minister of Finance and the Public Service, Hon. Audley Shaw, said that the move will support efforts by the Government...

All is in place for the 14th staging of the Jamaica Jazz and Blues Festival from January 28 to 30, which, for the first time this year, will be held at the Greenfield Stadium in Trelawny. Executive Producer of the festival, Walter Elmore, told JIS News that with the start of the festival just days away, preparations are well advanced....

The Government is pursuing private sector partnership to construct a new public morgue in Kingston, Minister of National Security, Senator the Hon. Dwight Nelson, disclosed on Friday (January 22). Speaking in the State of the Nation Debate in the Senate, Senator Nelson said that plans for the facility, projected to cost some $426 million, have already been approved by the...

Britain's new High Commissioner to Jamaica, His Excellency Howard Drake has praised Jamaica for its quick and positive response to the Haitian earthquake crisis. During his courtesy call on Prime Minister the Hon. Bruce Golding at Jamaica House in Kingston this morning, (Jan 22) Mr. Drake said Britain was also committed to playing its part in providing much needed medical...

Minister of State in the Office of the Prime Minister, Shahine Robinson, has called on all Parliamentarians to use the $20 million earmarked for them in the 2009-2010 Constituency Development Fund (CDF) as a way to uplift the Jamaican people. Participating in the debate on the economy in Parliament earlier this week , Minister Robinson said, "As leaders we need...

Although last year the Jamaica Constabulary Force (JCF) made significant strides in arresting and prosecuting corrupt members, Assistant Commissioner in charge of Anti-corruption, ACP Justin Felice, says that theforce is moving towards a more preventative style of eradicating corruption. In an interview with JIS News on Wednesday (January 20), ACP Felice asserted that the force does not measure success by...

The Registrar General's Department (RGD), is slated to roll out its new state of the art Voice Over Internet Protocol (VOIP) telephone system at its head office, Twickenham Park, St. Catherine, early February, Chief Executive Officer (CEO), Dr. Patricia Holness, has disclosed. Speaking at a JIS Think Tank session at the Half -Way Tree Road head office of the Jamaica...

Senior Director in the Debt Management Unit of the Ministry of Finance and the Public Service, Pamella McLaren, has said that pension funds and insurance companies should be receptive to the new Jamaica Debt Exchange initiative. "I expect the pension funds and insurance companies, in particular, will be very receptive to these new bonds. You spoke we listened," she declared...

Over 100 persons were presented with their land titles, under the Land Administration and Management Programme (LAMP), during a ceremony at the Linstead Baptist Church, St. Catherine on Thursday (January 21). Board Chairman of LAMP, Wayne Chen, noted that although having a land title is an integral part of the Jamaican dream, almost half of Jamaican land owners did not...

Governor-General, His Excellency the Most Hon. Sir Patrick Allen, has said that for Jamaica to reach its full potential, immediate attention must be given to the now faltering areas of education, family, youth and community development. "I can see clearly that if these concerns are not addressed immediately, they will severely compromise our ability to develop as a nation," he...

The House of Representatives on Tuesday (January 19) passed legislation to make it compulsory to convert Government securities into a dematerialised security or electronic format. Minister of Finance and the Public Service, Hon. Audley Shaw, who piloted the Bill, explained that the move will provide for "the speedy settlement and trading of securities, and result in cost-savings and risk mitigation...

President of the Caribbean Graduate School of Theology, Dr. Lascelles G. Newman, says if the country is to experience a turn around it is critical for all Jamaicans to stop playing the blame game, and instead, seek to unite in working to return the nation to its former glory. "Jamaica is no longer at a cross roads but is going...