Latest

Development Bank of Jamaica (DBJ) Managing Director, Milverton Reynolds, speaking during the regional market sounding forum at the DBJ’s Private Equity and Infrastructure Conference, at The Jamaica Pegasus hotel in New Kingston on Wednesday (June 12).

DBJ Has Facilitated US$1.1 Billion in Investments Under Public-Private Partnership

The Development Bank of Jamaica (DBJ) has successfully completed 25 transactions under the Government’s Public-private Partnership (PPP) and Privatisation Programme since 2009, facilitating approximately US$1.1 billion in investments. DBJ Managing Director, Milverton Reynolds, said the amount includes US$303 million in...

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, emphasises a point while addressing the House of Representatives on June 11. In the background is Minister of Science, Energy and Technology, Hon. Fayval Williams.

Public Procurement Regulations Approved By the House

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke (left), addresses the Development Bank of Jamaica (DBJ) Private Equity and Infrastructure Development Conference, at The Jamaica Pegasus hotel in New Kingston on Tuesday (June 11). The four-day conference is being held from June 10 to 13 under the theme ‘Delivering Economic Growth through Partnerships: Financing Regional Infrastructure, SMEs & Innovation’.

Government to Strengthen Partnerships for Infrastructure Development

(FILE) Executive Director, Transformation Implementation Unit, Office of the Prime Minister, Maria Thompson-Walters (at podium), addresses participants in a recent forum on public-sector transformation, hosted by the Management Institute for National Development (MIND), at its Kingston campus.

60 Public Sector Workers Certified as Change Managers

State Minister for Industry, Commerce, Agriculture and Fisheries, Hon. Floyd Green, addressing the Jamaica Micro Financing Association Limited’s (JaMFA) recent annual microfinance sector leadership forum, at The Jamaica Pegasus hotel in New Kingston.

JSE Junior Market Booming

More

State Minister in the Ministry of Industry, Commerce, Agriculture and Fisheries, Hon. Floyd Green (left), converses with Jamaica Micro Financing Association Limited’s (JaMFA) Executive Director, Raymond Gabbidon, during JaMFA’s annual microfinance sector leadership forum, at The Jamaica Pegasus hotel in New Kingston, on Tuesday (May 28).

7 years ago Finance & Public ServiceIndustry

Gov’t Looking to Sharpen Financial Literacy Skills of Citizens

The Ministry of Industry, Commerce, Agriculture and Fisheries is looking to partner with the Jamaica Micro Financing Association Limited (JaMFA) to sharpen the financial literacy skills of Jamaicans. State Minister in the Ministry, Hon. Floyd Green, said the objective is to ensure that citizens have a better understanding of and appreciation for key terms such as stock market, investments, loans/credit...

Manager of Communications and International Relations at the Financial Services Commission (FSC), David Geddes, addresses a town hall meeting in Mandeville, Manchester, on May 21.

7 years ago Finance & Public Service

FSC-Regulated Entities Must Meet Fit and Proper Test

Manager of Communications and International Relations at the Financial Services Commission (FSC), David Geddes, says entities in the insurance, pension and securities industries must meet the FSC’s fit-and-proper requirements in order to legally operate in Jamaica. This means that responsible persons must possess the competence, character, diligence and judgment necessary for them to perform their duties. “Fit and proper, in...

Prime Minister, the Most Hon. Andrew Holness (second left), observes as Chairman, Petroleum Corporation of Jamaica, Russell Hadeed (left), inserts the strip signifying Wigton Windfarm

7 years ago Finance & Public Service

Wigton Windfarm Now on Jamaica Stock Exchange

Wigton Windfarm Limited in Manchester is now listed on the Jamaica Stock Exchange (JSE) – the world’s best-performing stock market. The listing, which took place today (May 22), followed the success of the company’s initial public offering (IPO), which saw some 31,200 Jamaicans taking up the opportunity to own 11 billion shares in the company. The offer was oversubscribed as...

Governor, Bank of Jamaica (BOJ), Brian Wynter (right), speaks at BOJ’s Quarterly Press Briefing on Tuesday (May 21). At left is Deputy Governor, Wayne Robinson.

7 years ago Finance & Public Service

Prospects for Economy Remain Positive – BOJ

The Bank of Jamaica (BOJ) says prospects for the Jamaican economy remain positive, as economic growth continues underpinned by rising employment. This positive outlook was given by Bank of Jamaica (BOJ) Governor, Brian Wynter, at the Bank’s quarterly press conference held on Tuesday (May 21). “Foreign reserves are adequate and we have a sustainable position in the current account of...

Bank of Jamaica (BOJ) Governor, Brian Wynter (right), addresses journalists at Tuesday’s (May 21) quarterly briefing at the BOJ’s Training Institute, in downtown Kingston. With the Governor (from left) are BOJ Deputy Governors, Maurene Simms, Dr. Wayne Robinson and John Robinson.

7 years ago Finance & Public Service

Increase in Credit to Businesses and Households – BOJ

The Bank of Jamaica (BOJ) says credit extended to private-sector businesses and households by commercial banks, merchant banks and building societies has increased by 15.2 per cent over the 12-month period ending March 2019. Governor Brian Wynter says this is 1.4 per cent higher than the 13.8 per cent out-turn for the corresponding period last year. He was speaking at...

Director of Communication and Customer Relations at the Accountant General

7 years ago Finance & Public Service

Pensioners Get More Time to Complete Life Certificates

Government of Jamaica pensioners will have more time to complete and hand in their life certificates to the Accountant General’s Department (AGD). “We are sending out the life certificates one month earlier than before, so that you get two months to return them,” Director of Communication and Customer Relations at the AGD, Tanisha Weir Grant, told JIS News. She said...

7 years ago Finance & Public Service

More Information on Daily Foreign Exchange Transactions on BOJ Website

The Bank of Jamaica (BOJ) has announced that, effective today (Monday, May 20), additional information on daily foreign exchange market transactions will be posted on its website. This decision, according to the BOJ, is intended to foster “greater transparency” in relation to large US-dollar transactions by authorised foreign exchange dealers and cambios and improve public access to market information. “The...