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Governor, Bank of Jamaica (BOJ), Brian Wynter (centre), in discussion with Chief Executive Officer, Consumer Affairs Commission, Dolsie Allen (right), during a press conference at the bank in downtown Kingston, yesterday (October 12). At left is Senior Member, Jamaica Bankers Association, George Roper.

Banks to Establish Common Standard for Customer Relationship

By the end of August 2017, Jamaica’s deposit-taking institutions (DTIs) are expected to establish a common standard for customer relationship. This is stipulated under the Bank of Jamaica (BOJ) enforceable Banking Services Code of Conduct on Customer-Related Matters, which seeks...

United States Ambassador to Jamaica, Luis G. Moreno,. (File photo).

US Embassy Working with Jamaica to Curb Financial Crimes

Minister of Industry, Commerce, Agriculture and Fisheries, Hon. Audley Shaw (File Photo).

Jamaica Leading Talks on Correspondent Banking Issue

Director of Licensing and Registration and Acting Director of Enforcement at the Betting, Gaming and Lotteries Commission, Maurice Thompson, addresses JIS ‘Think Tank’ on October 11. He urged Jamaicans to report illegal gambling through Crime Stop’s toll-free line 311.

BGLC Urges Persons to Report Illegal Gambling through Crime Stop

Prime Minister, the Most Hon. Andrew Holness, gives the keynote address at the fifth annual Anti-Money Laundering/Counter-Financing of Terrorism Conference at The Jamaica Pegasus hotel on October 10. The two-day conference is being held by the Jamaica Bankers Association (JBA), in collaboration with the Jamaica Institute of Financial Services (JIFS) under the theme ‘Understanding Our Obligation… Safeguarding Our Future’.

Prime Minister Urges Financial Sector to Remove Profit from Criminal Activity

Minister of Transport and Mining, Hon. Audley Shaw, CD, MP

9 years ago Finance & Public Service

De-Risking a Worrying Threat to Sustainable Growth in the Caribbean

“A recent World Bank survey and study revealed that the Caribbean appeared to be the region most severely affected by the de-risking strategy,” the Minister of Finance and the Public Service, the Hon. Audley Shaw said during his address at the IMF/World Bank Annual meeting held in Washington last week. Correspondent banking relationships (CBRs) are critical for enabling key economic...

Minister of Finance and the Public Service, Hon. Audley Shaw. (FILE)

9 years ago Finance & Public Service

Expansion of Economy Expected in Medium Term

The Government is projecting that the country’s macroeconomic outlook will remain positive, with an anticipated expansion in the economy over the medium term. This is according to an interim report of the 2016/17 Fiscal Policy Paper tabled in the House of Representatives by Minister of Finance and the Public Service, Hon. Audley Shaw, on September 27. The Paper states that...

Minister of Finance and the Public Service, Hon. Audley Shaw, emphasises a point as he addresses the House of Representatives.

9 years ago Finance & Public Service

Wage Negotiations Concluded with 97% of Public-Sector Bargaining Units

The Government has concluded wage negotiations with approximately 97 per cent of all public-sector bargaining units for the period 2015/17. This is outlined in the Government of Jamaica (GOJ) Fiscal Policy Paper for financial year 2016/17 (Interim Report). The document was tabled by Minister of Finance and the Public Service, Hon. Audley Shaw, during the sitting of the House of...

State Minister in the Education, Youth and Information Ministry, Hon. Floyd Green (centre), greets Vice President of Capital Markets and Fund Management at Sagicor Investments Jamaica Limited, Kevin Donaldson. Occasion was a luncheon to promote the Stock Market Game to high school teachers, held on September 30 at the Jamaica Pegasus Hotel in New Kingston. Looking on is Senior Marketing Officer, Jamaica Stock Exchange, Michael Johnson.

9 years ago EducationFinance & Public Service

Education State Minister Endorses Stock Market Game

State Minister in the Education, Youth and Information Ministry, Hon. Floyd Green, has hailed the efforts of the Jamaica Stock Exchange to promote financial literacy among high school students and teachers through its Stock Market Game. “They (JSE) are innovators at heart. They have been...finding ways to ensure that as a country we get more financially literate,” Mr. Green said,...

State Minister for Finance and the Public Service, Hon. Rudyard Spencer (left), formally reopens the Jamaica Customs Agency’s (JCA) newly refurbished canteen during a brief ceremony at the JCA’s head office at Newport East in Kingston on September 30. Sharing the occasion (from 2nd left) are JCA Chief Executive Officer and Commissioner of Customs, Major (Ret’d) Richard Reese; and Deputy Chief Executive Officer, Karlene Henry.

9 years ago Finance & Public Service

JCA Renovates Section of Head Office

The Jamaica Customs Agency (JCA) has renovated and upgraded several sections of its head office at Newport East in Kingston, at a cost of just over $31 million. The work included the construction of a Transport and Property Services Unit, refurbishing of the canteen and paving of the driveway. State Minister for Finance and the Public Service, Hon. Rudyard Spencer,...

Finance and the Public Service Minister, Hon. Audley Shaw, addresses the recent Betting, Gaming and Lotteries Commission (BGLC) Gaming Industry Summit, held at the Jamaica Conference Centre in downtown Kingston.

9 years ago Finance & Public ServiceIndustry

Finance Minister Highlights Importance of Gaming Industry

Finance and the Public Service Minister, Hon. Audley Shaw, has underscored the gaming industry’s potential and importance in contributing significantly to the Government’s growth agenda. He notes that the Administration’s revenue intake currently benefits from billions of dollars from the industry through taxes and fees remitted to central and local government. The Minister was speaking at the Betting, Gaming and...

State Minister for Finance and the Public Service, Hon. Rudyard Spencer (2nd left), shakes the hand of Toyota Jamaica Limited’s Managing Director, Tom Connor, following the commissioning of a Toyota Corolla motor car which the Jamaica Customs Agency (JCA) purchased from the auto dealership. The commissioning took place at the JCA’s head office at Newport East in Kingston on September 30. The vehicle is one of five that the JCA purchased from local dealerships to boost its mobile fleet. Looking on (from left) are JCA Chief Executive Officer and Commissioner of Customs, Major (Ret’d) Richard Reese; and Customs Officer, Ann-Marie Campbell Bell.

9 years ago Finance & Public Service

JCA Gets New Vehicles

The mobile fleet of the Jamaica Customs Agency (JCA) has been increased, with the acquisition of five new motor vehicles purchased at a cost of just over $36.1 million. The vehicles, inclusive of three pickups, a truck, a bus and a motor car, were acquired from auto dealers Toyota Jamaica, Stewart’s, and Fidelity Motors. They will serve to boost the...