Assistant Manager for Pension Administration at JN Fund Managers Limited, Roxanne Wizzart, says that there are many benefits from contributing to a pension plan including providing the contributor with a regular income upon retirement. She noted that there are many senior citizens, who are working longer because they do not have a pension plan. “The pension plan allows you to...

Head of the European Union (EU) Delegation to Jamaica, Ambassador Marianne Van Steen, says Jamaica’s results-based approach to achieving the United Nations 2030 Sustainable Development Goals (SDGs) aligns with that of the EU. The EU implements the use of a results framework that tracks their contribution to the progress of partner countries towards achieving the SDGs. Addressing the EU-GOJ virtual...

The Urban Development Corporation (UDC) will advance work on a number of major projects in the new fiscal year. As contained in the 2021/22 Public Bodies Estimates of Revenue and Expenditure, the entity will continue to work with architects, consultants and other stakeholders to complete schematic designs of the new Parliament Building structure. “Consultancy and design works will also continue...

The Port Authority of Jamaica (PAJ) will continue work on ongoing priority developmental projects geared towards stimulating economic growth as well as enhancing service offerings at Jamaica’s ports and port facilities. This is contained in the 2021/22 Public Bodies Estimates of Revenue and Expenditure that was tabled in the House of Representatives by Finance and the Public Service Minister, Dr....

The recent announcement by Prime Minister, the Most Hon. Andrew Holness, of planned infrastructural development for Montego Bay, St. James, is being greeted by stakeholders in the tourism capital as “a massive step” in the right direction. From taxi operators to restaurants, duty-free and villa owners, the consensus is that Montego Bay badly needs the infrastructural upgrade, notably the bypass...

The Development Bank of Jamaica (DBJ) is to disburse $8.49 billion in loans, during the 2021/22 fiscal year. As stated in the Public Bodies Estimates of Revenue and Expenditure for the year ending March 2022, the sum is inclusive of US$16.91 million, up from US$10.25 million in 2020/21. The DBJ will also seek to provide financial and non-financial products to...

The Real Estate Board and the Commission of Strata Corporations are requesting that its customers make all payments online, considering the coronavirus pandemic and the current government-issued ‘Work from Home’ Order. “Online payments can be made by bank transfer, direct deposit or online bill payment. However, the Board is recommending the use of its Client Portal for the payment of...