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(FILE) Mayor of Montego Bay and Chairman of the St. James Municipal Corporation, Councilor Homer Davis, speaking at a training session and launch of the Corporation’s Local Economic Development (LED) Programme at the Montego Bay Cultural Centre in St. James, Thursday (June 27).
(FILE) Mayor of Montego Bay and Chairman of the St. James Municipal Corporation, Councilor Homer Davis, speaking at a training session and launch of the Corporation’s Local Economic Development (LED) Programme at the Montego Bay Cultural Centre in St. James, Thursday (June 27).

Montego Bay Expected to Generate US$12 Million from Sumfest

Business leaders and tourism stakeholders in Montego Bay are expecting a major financial boost from the staging of the annual Reggae Sumfest. The event is being held over seven days, from July 14 to 20, and will be highlighted by...
International Monetary Fund (IMF) Resident Representative in Jamaica, Dr. Constant Lonkeng Ngouana (left), converses with President of the Rotary Club of St. Andrew, Audley Diedrick, during the club’s weekly meeting at Hotel Four Seasons on Tuesday (July 16).
International Monetary Fund (IMF) Resident Representative in Jamaica, Dr. Constant Lonkeng Ngouana (left), converses with President of the Rotary Club of St. Andrew, Audley Diedrick, during the club’s weekly meeting at Hotel Four Seasons on Tuesday (July 16).

IMF’s Jamaica Office to Remain Open
Minister of Labour and Social Security, Hon. Shahine Robinson, makes her contribution to the 2019/20 Sectoral Debate in the House of Representatives on July 9. At left is Minister without Portfolio in the Ministry of Industry, Commerce, Agriculture and Fisheries, Hon. J.C. Hutchinson.
Minister of Labour and Social Security, Hon. Shahine Robinson, makes her contribution to the 2019/20 Sectoral Debate in the House of Representatives on July 9. At left is Minister without Portfolio in the Ministry of Industry, Commerce, Agriculture and Fisheries, Hon. J.C. Hutchinson.

NIF Net Asset Value Grows to $120.7 Billion
General Manager, Urban Development Corporation, Heather Pinnock (fourth left), listens to Executive Director, National Integrity Action, Professor Trevor Munroe (second right), at PricewaterhouseCoopers (PwC) Jamaica’s Governance and Transparency Seminar, at The AC Marriott Hotel in Kingston, on Friday (July 12). Also listening (from left) are: Co-Chair, Anti-Fraud Committee, Jamaica Bankers Association, Lloyd Parchment; Partner, PwC, Jessica Shannon; Territory Leader, PwC, Leighton McKnight, and Modernisation of the State Specialist, Inter-American Development Bank, Francesco De Simone.
General Manager, Urban Development Corporation, Heather Pinnock (fourth left), listens to Executive Director, National Integrity Action, Professor Trevor Munroe (second right), at PricewaterhouseCoopers (PwC) Jamaica’s Governance and Transparency Seminar, at The AC Marriott Hotel in Kingston, on Friday (July 12). Also listening (from left) are: Co-Chair, Anti-Fraud Committee, Jamaica Bankers Association, Lloyd Parchment; Partner, PwC, Jessica Shannon; Territory Leader, PwC, Leighton McKnight, and Modernisation of the State Specialist, Inter-American Development Bank, Francesco De Simone.

PHOTOS: PwC Seminar
Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke.
Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke.

Gov’t Building Financial Resilience Against Disasters

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Finance and the Public Service Minister, Dr. the Hon, Nigel Clarke (right), is in discussion with University of the West Indies (UWI) Pro-Vice Chancellor for Global Affairs, Ambassador Dr. Richard Bernal (left), following the opening ceremony for the Mona School of Business and Management’s (MSBM) three-day business and management conference, at The Jamaica Pegasus hotel in New Kingston on Wednesday (July 10). Listening (from second left) are Country Managing Partner and Tax Partner, Ernst and Young Jamaica, Allison Peart; Conference Chair, Dr. Indianna Minto-Coy; and Special Advisor to the UWI’s Vice Chancellor on Resource Development, Minna Israel.
Finance & Public ServiceSectoral Debate 2019/2020

Research Funds to Finance Entrepreneurial Activities

The $200 million allocated by the Government for research is expected to be used to finance business and entrepreneurial programmes at tertiary institutions taking up the offer. The funds, earmarked in the 2019/20 Budget, are part of the Administration’s thrust to drive entrepreneurship through research and development. “We will rely on you (tertiary institutions) to run the transparent research application...
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Finance and the Public Service Minister, Dr. the Hon. Nigel Clarke (right), in discussion with Development Bank of Jamaica (DBJ) Managing Director, Milverton Reynolds, following the opening ceremony for the Mona School of Business and Management’s (MSBM) three-day business and management conference, at The Jamaica Pegasus hotel in New Kingston on Wednesday (July 10).
Finance & Public Service

Gov’t Seeks IDB Support to Commercialise Academic Research

The Government is in discussions with the Inter-American Development Bank (IDB) for the provision of technical support in building Jamaica’s capacity to commercialise research done by local tertiary institutions. Finance and the Public Service Minister, Dr. the Hon. Nigel Clarke, said that the move is aimed at facilitating innovation in driving entrepreneurship. He was addressing the opening ceremony for the...
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Deputy Commissioner of Operations at Tax Administration Jamaica (TAJ), Dave Jeffery, presents the first-place trophy for the Caribbean Organisation of Tax Administrators (COTA) essay competition to Immaculate Conception High School student, Gabrielle Hoo, who collects on behalf of the winner, Jaidah-Leigh Wyatt, at the awards ceremony, held at the Petroleum Corporation of Jamaica (PCJ) Auditorium on July 3.
EducationFinance & Public Service

Competition Winner Recommends Mobile App for TAJ

The winner in this year’s local leg of the Caribbean Organisation of Tax Administrators (COTA) essay competition has recommended that Tax Administration Jamaica (TAJ) create a mobile app. The local leg of the competition, spearheaded by the TAJ, had essays exploring the theme ‘Digitisation – Moving beyond the 21st century’. The winner and second-place entrant came from Immaculate Conception High...
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Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, addresses the fundraising dinner of the East Central St. James Education Fund at the Jewel Grande Montego Bay Hotel & Spa in Rose Hall.
Finance & Public Service

Jamaica Seeing Record Level of Economic Activity – Dr. Clarke

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, says the country is experiencing an unprecedented level of economic activity, with 17 consecutive quarters of growth, and unemployment now at the lowest rate in the nation’s history. “We have never had unemployment this low where more people are employed today than those who are unemployed,” the Minister...
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Deputy Governor of the Bank of Jamaica (BOJ) Dr. Wayne Robinson (second right) and staff members of the BOJ pose for a picture at the BOJ’s booth at the recent 8th Biennial Jamaica Diaspora Conference held at the Jamaica Conference Centre, downtown, Kingston. The BOJ was one of several government entities at the ‘Governor at Your Service’ pavilion at the event.
Finance & Public Service

BOJ Conducts Diaspora Survey

The Bank of Jamaica (BOJ) is conducting a survey to get a deeper understanding of the diaspora’s involvement in the Jamaican economy. The survey, which will be used to inform policy decisions, will cover a broad range of topics, such as remittances, the potential sectors for investments and the types of investments that are of interest to the diaspora community....
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Executive Director of the National Solid Waste Management Authority (NSWMA), Audley Gordon.
Finance & Public ServiceLocal Government

PIMSEC Approves NSWMA’s Construction of Solid Waste Transfer Station in Trelawny

The Public Investment Management Secretariat (PIMSEC) has approved the National Solid Waste Management Authority’s (NSWMA) construction of a new garbage transfer station in Trelawny. Executive Director of the NSWMA, Audley Gordon, told JIS News that the station will serve as an area where trucks can deposit solid waste prior to being loaded onto larger vehicles and transported to designated disposal sites....
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Beneficiaries of the St. James Municipal Corporation’s Local Economic Development (LED) Programme, listen attentively during a training session at the Montego Bay Cultural Centre in St. James, Thursday (June 27).
AgricultureFinance & Public Service

400 Small Entrepreneurs in St. James to Benefit From $10 Million in Grants

The St. James Municipal Corporation has doubled its support to small entrepreneurs in the parish under the Local Economic Development (LED) Programme. Chief Executive Officer (CEO) at the Corporation, Gerald Lee, said that $10 million is being spent this fiscal year to assist some 400 persons to push-start business operations. Approximately $5 million was allocated under the programme during the...
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