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Bank of Jamaica (BOJ) Governor, Richard Byles, addresses journalists during Thursday’s (November 21) quarterly briefing, at the BOJ in downtown Kingston.

BOJ Governor Says Sale of US$140 Million to Market Satisfied Demand

Bank of Jamaica (BOJ) Governor, Richard Byles, says the sale of US$140 million to the foreign exchange market has served to satisfy extraordinary currency demand, which surfaced in recent weeks. The spike was related to demand for portfolio transactions and...

Health and Wellness Minister, Dr. the Hon. Christopher Tufton (second right), commissions 30 water tanks into service for the Kingston Public Hospital (KPH) and Victoria Jubilee Hospital (VJH) at the facilities' downtwn Kingston compound on Thursday (November 21). The tanks were donated by the Musson Foundation in partnership with T. Geddes Grant and local charity, the Woman’s Club. Looking on (from left) are Managing Director, T. Geddes Grant, Michael Subratie; representative from The Woman’ Club, Peju Wilson; and Acting Chief Executive Officer, KPH/VJH, Kathleen Cooper-Brown.

Water Storage At Kingston Public & Victoria Jubilee Hospitals Boosted

Minister of Transport and Mining, Hon. Robert Montague (second left), signs a tripartite agreement for an online training programme for Public Passenger Vehicle drivers and conductors, with (from left) Chief Executive Officer of EduFocaL Business Limited, Gordon Swaby; Managing Director of the Transport Authority, Cecil Morgan, and Managing Director of British Caribbean Insurance Company, Peter Levy. The ceremony was held at the Ministry’s office in Kingston on Thursday (November 21).

Online Training For PPV Drivers And Conductors

Minister of Tourism, Hon. Edmund Bartlett, addresses business interests and tourism stakeholders at a reception to welcome the reintroduction of American Airlines service from New York’s JFK to Montego Bay, on November 21.

American Airlines Resumes Daily Non-Stop Flights From JFK To Montego Bay

Prime Minister, the Most Hon. Andrew Holness (centre), presents the instrument of office to newly installed Youth Advisory Council of Jamaica member, Jahmar Brown. Sharing the moment (at right) is Minister of State in the Ministry of Education, Youth and Information, Hon. Alando Terrelonge. The installation ceremony was held at the Office of the Prime Minister of Thursday (November 21).

New Youth Advisory Council Members Installed

Bank of Jamaica (BOJ) Governor, Richard Byles (right), responds to questions from journalists during Thursday’s (November 21) quarterly briefing at the BOJ in downtown Kingston. Listening is Deputy Governor, Dr. Wayne Robinson.

7 years ago Finance & Public Service

BOJ to Implement New FX Trading Platform

Bank of Jamaica (BOJ) Governor, Richard Byles, has announced plans to implement a new foreign exchange trading platform in 2020. “We are going to be testing and implementing it January into February… then we will start the use of it throughout the trading operations with the commercial banks,” he said. Mr. Byles was speaking at the Bank’s quarterly briefing at...

Jamaica Business Development Corporation (JBDC), Business Advisory Manager, Melissa Bennett, presents Resolve IT Limited, CEO, Almando Cox, with his Certificate of Participation in the Accelerator Programme, at The Jamaica Pegasus hotel, on Thursday (November 21). .

7 years ago CommerceIndustry

Local Entrepreneurs Complete Accelerator Programme

Sixteen local entrepreneurs were recognised by the Jamaica Business Development Corporation (JBDC) for completing the Accelerator Programme, at The Jamaica Pegasus on Thursday (November 21). The representatives of micro, small and medium-sized enterprises (MSMEs) were exposed to strategies related to domestic market access, global market development and creating accessible paths to funding, over six months. Speaking at the closing ceremony,...

Minister of Transport and Mining, Hon. Robert Montague (left), in conversation with Director, Hodges Aggregates and Powders Limited, Jennifer Ince (right), as he displays a bottle of manufactured beach sand. Occasion was the minerals sector exhibition and trade show, held today (November 21) at the Hope Complex football field, Hope Gardens, in Kingston. At centre is Chief Technical Director at the Ministry of Transport and Mining, Dr. Janine Dawkins.

7 years ago Transport

Minerals Sector Contributes 2.7 Per Cent To GDP

Minister of Transport and Mining, Hon. Robert Montague, says in 2018, the minerals sector contributed some 2.7 per cent to Gross Domestic Product (GDP), while earning some US$1.3 billion. He was speaking at the opening ceremony for the minerals sector exhibition and trade show, held today (November 21) at the Hope Complex football field, Hope Gardens, in Kingston. Minerals and...

Minister of Local Government and Community Development, Hon. Desmond McKenzie (second row, third left); Mayor of Montego Bay, Councillor Homer Davis (back row, second left); Mayor of Savanna-la-Mar, Councillor Bertel Moore (second row, right) and Acting Director General at the Office of Disaster Preparedness and Emergency Management (ODPEM), Richard Thompson (back row, left), share a moment with junior mayors from across the island. Occasion was the Local Government and Community 2019 Youth Mayors’ Forum, which was held at the St. James Municipal Corporation offices, in Montego Bay, on Wednesday (November 20).

7 years ago Local GovernmentYouth

Boost For Junior Mayors Programme

The Ministry of Local Government and Community Development will be increasing the funds allocated to the island’s Junior Mayors Programme. Portfolio Minister, Hon. Desmond McKenzie, made the disclosure during a Youth Mayor’s Forum, which was held at the St. James Municipal Corporation offices in Montego Bay on Wednesday (November 20). “The allocation (to the Junior Mayors Programme) presently stands at...

Minister of State in the Ministry of Labour and Social Security, Hon. Zavia Mayne (left), converses with Board Chairman, Jamaica Productivity Centre, Metry Seaga, during the National Youth Workshop at the Jamaica Conference Centre, in downtown Kingston, on November 21. The workshop, held under the theme: ‘Future Work: Realising Productivity Growth’, was organised by the Jamaica Productivity Centre, in partnership with the Sir Arthur Lewis Institute for Social and Economic Studies (SALISES).

7 years ago LabourSocial Security

National Productivity Policy Being Crafted

The Government, through the Jamaica Productivity Centre, is working on a national policy for productivity. The National Productivity Policy will set the foundation for Jamaica to have a productivity-centred workforce, where goods and services will be produced in keeping with international standards. This was stated by Minister of State in the Ministry of Labour and Social Security, Hon. Zavia Mayne,...

7 years ago Finance & Public Service

BOJ Reports Increase In Credit Given By Deposit-Taking Institutions

The Bank of Jamaica (BOJ) is reporting a 15.5 per cent increase in credit extended by deposit-taking institutions (DTIs) to businesses and households for the 12-month period ending September 2019. Governor, Richard Byles, says this is “broadly consistent” with the level of growth in this area, since the start of the year. He was speaking at the Central Bank’s quarterly...

Minister of Health and Wellness, Dr. the Hon. Christopher Tufton (at podium), addresses the opening of the 10th Annual National Health Research Conference at the Jamaica Conference Centre in downtown Kingston on Thursday (November 21).

7 years ago Health & Wellness

Health And Wellness Research Fund to be Launched Next Month

Minister of Health and Wellness, Dr. the Hon. Christopher Tufton, says the Government intends to launch its Health and Wellness annual research fund next month with an initial $50 million. He noted that the facility, to be financed by the National Health Fund (NHF), will focus on supporting applied research, based on competitive proposals, that is in line with specific...