The Government will be tabling the 2015/16 Budget in February, with the estimates of expenditure and revenue estimates to be laid in the House of Representatives at the same time. “We are having a new budget cycle this year. In February, we will be laying the estimates of expenditures and for the first time, it is proposed to lay the...

Jamaican can expect further improvements in its international business ranking this year, as result of continued moves by the Government to boost the business and investment climates. “Indeed, 2015 is the year of continuing change, and I implore you to watch out for more positive news on Jamaica’s international business ranking…it will come,” said Industry and Investment Minister, Hon. Anthony...

Two senior executives of one of the country’s leading financial institutions have come out in support of Government’s economic programme, stating that it is facilitating growth and raising the country’s investment profile internationally. Chief Executive Officer of Scotia Group Jamaica Limited, Jacqueline Sharp said that “right now Jamaica is poised for growth”. “We have seen the commitment so far demonstrated...

There are signals of a continued uptick in the economy into the New Year, with Minister of Finance and Planning, Dr. the Hon. Peter Phillips, reporting positive developments in a number of areas. He noted that employment has increased and there are encouraging signs particularly as it relates to youth employment. Inflation for the calendar year is expected to be...

In the wake of recent announcements by Jamaica Broilers Minister of Agriculture, Labour and Social Security, Hon. Derrick Kellier, is commending the companies for their reduction in the price of chicken meat and other products to consumers. and Caribbean Broilers, Minister of Agriculture, Labour and Social Security, Hon. Derrick Kellier, is commending the companies for their reduction in the price of...

Minister of State in the Ministry of Foreign Affairs and Foreign Trade, Hon. Arnaldo Brown, has commended members of the Jamaican Diaspora for their consistent support and commitment to the country, having contributed US$2 billion in remittances to the economy over the last two years. “This amount constitutes the largest source of foreign exchange earnings outside of tourism and almost...

Relations between China and the region are expected to strengthened, following the two-day meeting of foreign ministers and representatives from the Asian country and the Community of Latin American and Caribbean States (CELAC). Minister of Science, Technology, Energy and Mining, Hon. Phillip Paulwell is attending the forum, which concludes on Friday, January 9, in Beijing. China’s Minister of Foreign Affairs,...