The Bank of Jamaica (BOJ) is developing a central electronic database with Know Your Customer (KYC) information, aimed at making it easier for clients to switch banks. Addressing the BOJ’s Quarterly Monetary Policy Press Conference on Tuesday (May 21), Central Bank Governor, Richard Byles, disclosed that 60 per cent of deposits reside in two of Jamaica’s 11 deposit-taking institutions. He...

Minister of State in the Ministry of Agriculture, Fisheries and Mining, Hon. Franklin Witter, addresses the Cattle Breeders Association’s annual general meeting held recently at the Bodles Research Station in Old Harbour, St. Catherine.

Approximately 70 roads identified during consultations on the Shared Prosperity Through Accelerated Improvement to our Road Network (SPARK) Programme have been referred to the National Works Agency (NWA) to be scoped and costed. Prime Minister, the Most Hon. Andrew Holness, made the disclosure during a statement in the House of Representatives on May 21. He noted that community consultations have...

State Minister in the Ministry of Labour and Social Security, Dr. the Hon Norman Dunn and Permanent Secretary in the Ministry, Colette Roberts Risden (right), greet 101-year-old Adlin Sang (left), during a visit to her home on Rudolph Burke Avenue, Kingston 20, on Monday (May 20), as part of activities in observance of Centenarians’ Day.

Minister of Justice, Hon. Delroy Chuck, says $530 million was paid out last year in judgement debt for 182 matters. Mr. Chuck made the disclosure during his contribution to the 2024/25 Sectoral Debate in the House of Representatives on Tuesday (May 21). Last year, the Ministry of Finance and the Public Service allocated $750 million towards judgement debts. Mr. Chuck...

Jamaicans are being encouraged to recognise the value of the country’s workers and their vital role in shaping the nation’s past, present and future. Governor-General, His Excellency, the Most Hon. Sir Patrick Allen, in a message delivered by Custos of St. Thomas, Marcia Bennett, during Sunday’s (May 19) National Workers’ Week thanksgiving service at the Morant Bay Parish Church, said...

The Bank of Jamaica (BOJ) has advised that the country’s declining inflation rate is expected to be temporarily interrupted, but projected to return to the BOJ’s target range thereafter. The inflation rate in April was 5.3 per cent, which is within the Bank’s four to six per cent target range and lower than the out-turn for March. Addressing the Central...