In a bid to increase transparency and ensure Jamaica is safe for doing business, the Common Reporting Standard (CRS) is to be introduced locally, in keeping with global standards on tax compliance. Aimed at combatting tax evasion, the CRS is an information standard for the automatic exchange of information regarding financial accounts between tax authorities globally, which the Organisation for Economic Co-operation...

The Planning Institute of Jamaica (PIOJ) is reporting growth in construction and agriculture, forestry and fishing during the July to September 2020 quarter. The entity’s Director General, Dr. Wayne Henry, said that construction increased by an estimated five per cent, while agriculture grew by approximately two per cent. He said that the growth of the subsectors is despite a 3.6...

The Jamaica Business Development Corporation (JBDC) says it is committed to facilitating micro, small and medium-sized enterprises (MSMEs) to develop sustainable business models. Speaking to JIS News, Chief Executive Officer (CEO) of the JBDC, Valerie Veira, noted that the organisation is focused on providing MSMEs with the tools to respond to the changing economic climate that their industry is operating...

The Statistical Institute of Jamaica (STATIN) is making it easier for Jamaicans to access the data it publishes. Speaking at a recent JIS Think Tank, Director General at STATIN, Carol Coy said that the agency’s publications are no longer for sale and can be accessed by everyone. “We have stopped selling our publications. They are free on the website…in what...

The new Barracks River bridge in St. Mary, constructed at a cost of more than $34 million, was officially opened on Wednesday (October 21) by Minister without Portfolio in the Ministry of Economic Growth and Job Creation, Hon. Everald Warmington. The new structure, which accommodates single-lane traffic, replaces a footbridge, which was destroyed during major flood rains. It will benefit...

The Jamaica Survey of Living Conditions (JSLC) will not be conducted this year due to the spread of the coronavirus (COVID-19) pandemic. This was announced by Director General of the Statistical Institute of Jamaica (STATIN), Carol Coy, during the institute’s Quarterly Press Briefing on October 21. “This survey takes a little longer in interaction between our staff and the households...

The Statistical Institute of Jamaica (STATIN) will be using tablets to conduct the 2022 Population and Housing Census. This was disclosed by the Director General at STATIN, Carol Coy, at a recent JIS Think Tank, at the agency’s head office in Kingston. “It’s the first time we will be doing a census using tablets. We will not be using paper....