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Acting Managing Director of the Jamaica Mortgage Bank (JMB), Milverton Reynolds is predicting that the 2006/07 financial year will be a very profitable one for the JMB. "We really expect that 2006/07 is going to be a very good year for the bank in terms of our financing of residential construction. We're actually projecting total commitments of $3.7 billion financing...

The year 2005 was indeed an eventful one, filled with the hopes and expectations of creating a buoyant and dynamic labour force capable of rising to the challenges of regional integration and global competitiveness. The start of this New Year must therefore be used to commit to furthering this process even as we must reflect on past expectations, achievements and...

President of the Jamaica Manufacturer's Association (JMA), Doreen Frankson has said that Caribbean countries must be cognizant of the changes in the international marketplace and that the region's negotiating machinery, which is tougher today than it was a few years ago, must continue to put forward the Caribbean agenda. She was speaking at the seventh annual Regional Manufacturer's Association meeting,...

The Jamaica Urban Transit Company (JUTC) is encouraging disabled persons to acquire their specially designed identification cards in order to benefit from the concessionary fare available to them. Disabled persons, school children and the elderly pay a concessionary fare of $15. However Jackie Darwood, Manager of Depot Operations at the JUTC informed JIS News that since not all disabilities were...

The Consumer Affairs Commission (CAC) is appealing to parents to practise comparative shopping, to get the best deals for back-to-school. Dorothy Campbell, Education, Information and Communications Specialist at the Commission, tells JIS News, that the CAC was aware that there were still a number of shoppers awaiting salary payments or remittances from abroad, to complete their back-to-school shopping, and has...

President of Ghana, H.E. John Agyekum Kufuor, is looking forward to Alcoa's investment in a bauxite plant in his country, having observed operations at the Jamalco plant in Clarendon yesterday (July 12). President of Ghana, His Excellency John Kufuor (centre) aboard the Clarendon Express, a tour train that will operate along Jamalco's existing railway line, allowing visitors to get a...

'More Time' an overseas calling card service, has become the newest addition to Jamaica's information, communications and telecommunications market. Through the service, which was launched today by local card company, Cards Jamaica, consumers will be able to purchase calling cards in denominations of $100 for 15 minutes talk time; $200 for 30 minutes; and $400 to talk for one hour,...

Tuesday, March 15 will be observed as World Consumer Rights Day, and to mark the occasion, the Consumer Affairs Commission (CAC) will be staging a discussion forum at the Jamaica Conference Centre, downtown Kingston. The event will be held under the theme: 'The Consumer Protection Act/CARICOM Single Market and Economy. Empowering Jamaicans to Meet the Dynamic of a Changing Market.'...

Two months after the Government reassumed control of the national airline the new interim management team is working assiduously to ensure that the fortunes of the carrier are turned around and returned to viability. Executive Chairman of Air Jamaica, Dr. Vincent Lawrence made the disclosure at a press conference at the airline's Harbour Street offices, where he outlined the company's...

The Trelawny Chamber of Commerce and Industry has embarked on an initiative to promote unity among citizens in the parish. Dubbed 'Reach out and Touch', the initiative will be officially launched with an all-day street party at Water Square in Falmouth on Sunday, November 7. The event will showcase the wares of large and small businesses in the parish, including...

Commerce, Science and Technology Minister, Phillip Paulwell has said that the new Telecommunications Policy recently approved by Cabinet will seek to establish a single regulatory agency for the telecommunications sector and assist in achieving universal access across Jamaica. The decision to have a single regulator, said Minister Paulwell, was thought best for the industry, as it was "unfair to have...

The Fair Trading Commission (FTC) has said that out of 1,100 cases investigated last year, 583 were resolved. Reporting on the performance of the FTC, at a media breakfast at the Knutsford Court Hotel today (September 8), Executive Director, Barbara Lee said that of the cases investigated last year, 602 related to complaints received that year. In relation to other...