Co-Chairman, Economic Programme Oversight Committee, Richard Byles, is urging members of the private sector to increase their investment in the country as part of efforts to boost the economy. He noted that this is crucial as the Government is contracting expenditure and borrowing less as part of its agreement under the US$932.3 million four-year Extended Fund Facility (EFF) with the...

The Board and Staff of JAMPRO join a grateful and proud nation in thanking God for the talent and victory of Tessanne Chin. Tessanne Chin’s triumph in being selected as “The Voice” for 2013 is an exceptional international achievement that throws into extremely sharp focus the almost limitless dividends that investing in the Creative Industries can pay in the national...

Chairman of the Insurance Company of the West Indies (ICWI) Group, Hon. Dennis Lalor, O. J., is urging the private sector to do more to assist the Government in pushing the economy forward. Mr. Lalor was the guest speaker at the Private Sector Organization of Jamaica (PSOJ) annual members’ Christmas luncheon, held at the Jamaica Pegasus Hotel on December 11. He...

Government is targeting the build-out of approximately one million square feet of space over the next three to five years, in an effort to attain its goal of doubling the size of the business process outsourcing (BPO) sector in Jamaica. This was revealed by Industry, Investment and Commerce Minister, Hon. Anthony Hylton recently, while speaking at the grand inauguration of...

Prime Minister, the Most Hon. Portia Simpson Miller, has welcomed Sutherland Global Services to Jamaica’s shores, noting that the investment by the United States-based company is a bold declaration that the country is ready for business on a global scale. Speaking at the grand inauguration of the business process outsourcing (BPO) company on December 4, held at its location on...

A Bill aimed at facilitating easier access to loans for businesses was passed Tuesday, December 3, in the House of Representatives. The Security Interest in Personal Property Act (SIIP), which is a requirement under the agreement between the Government of Jamaica and the International Monetary Fund (IMF), was passed with 84 amendments. In piloting the legislation, Minister of Industry, Investment...

Minister of State in the Ministry of Industry, Investment and Commerce, Hon. Sharon Ffolkes Abrahams has lauded the Jamaica Public Service Company (JPSCo) for opening its E-store at the Bay West Centre in Montego Bay. The JPSCo E-store sells a wide assortment of energy saving/conservation devices to assist customers with understanding and manage their energy usage. Speaking at the official opening...