The National People’s Cooperative Bank of Jamaica (NPCB) is reporting that the value of its assets increased to $4.39 billion during 2013, a 14 per cent increase on the $3.85 billion recorded in 2012. Additionally, members’ net savings and deposits grew from $2.24 billion to $2.58 billion during the period, representing a 15 per cent increase. General Manager, Curtis Barnett,...

Minister of Industry, Investment and Commerce, Hon. Anthony Hylton, says he will shortly be recommending that Cabinet removes the ban on the importation of damaged vehicles. The Minister, who was contributing to the 2014/15 Sectoral Debate in the House of Representatives on May 21, said there are opportunities in the trade and reconditioning of damaged vehicles, as a part of...

St. William Grant Park, located in the centre of downtown Kingston, will be the focus this Labour Day (May 23) for the Kingston and St. Andrew Corporation (KSAC). Acting Town Clerk at the KSAC, Andrene McLaren, told JIS News that the park was chosen based on its position in the city and the demand by businesses and citizens to use...

Jamaica Promotions Corporations (JAMPRO) is collaborating with the Tourism Enhancement Fund (TEF), and other stakeholders to create a concept, which will allow the development and packaging of specific projects, with most of the necessary approvals in place, before the investor makes a decision to invest. This measure is part of Government’s endeavour, to make the process of investing, easier. Minister...

Minister of Industry Investment and Commerce, Hon. Anthony Hylton says the Caymanas Special Economic Zone is expected to attract large-scale investments in specific value added industries. “It is also expected, that the Caymanas Special Economic Zone will serve as a model for the development of future special economic zones across the country, in keeping with the Government of Jamaica’s growth...

Twenty-six youngsters from juvenile correctional centres across the island are now sitting Caribbean Examinations Council (CXC) examinations, as the Government improves the educational programmes of these institutions. Commissioner of Corrections, Jevene Bent, who made the disclosure, said several improvements have been made to enhance the quality of education offered within the island’s four juvenile institutions. She was responding to questions...

The Ministry of Labour and Social Security has begun training its officers in preparation for the passing of the Flexi Work legislation that is expected to be debated in parliament in August this year. Last week the Ministry began the first in a series of sensitisation sessions at its North Street offices. Addressing the workers, Labour Minister, Hon. Derrick Kellier...