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Minister of Finance and the Public Service, Hon. Audley Shaw (left), with Blue Mountain Renewables (BMR) President, Bruce Levy, at the opening of the company’s wind farm at Potsdam, in St. Elizabeth, on August 11.

14,000 More Hotel Rooms

Minister of Finance and the Public Service, Hon. Audley Shaw, says there will be a roll-out of approximately 14,000 hotel rooms over the next three to four years, representing a significant investment for Jamaica. Speaking to JIS News following the...

Minister of Finance and the Public Service, Hon. Audley Shaw, speaking at the groundbreaking ceremony for the National Commercial Bank (NCB) complex at Fairview, in Montego Bay, St. James, on August 12. (FILE)

Finance Minister Cites Growing Success of Junior Stock Exchange

Economic Programme Oversight Committee (EPOC) Co-Chairman, Richard Byles, emphasizes a point while addressing EPOC’s monthly media briefing at Sagicor Life Jamaica Limited’s New Kingston offices, on Friday, August 12.

JA Passes IMF Benchmark Targets

Finance and Public Service Minister, Hon. Audley Shaw (right), and State Minister, Hon. Rudyard Spencer (centre), are briefed by Jamaica Customs Agency (JCA) Customs Officer, Peter Limtom, before taking a trial run in the ‘Skip McLaughlin’ following the vessel’s commissioning at the Jamaica Constabulary Force (JCF) Marine headquarters in Newport East, Kingston, on Tuesday, August 9.

Jamaica Customs Acquires New Patrol Boat

Finance and Public Service Minister, Hon. Audley Shaw (left), speaks with Jamaica Customs Agency (JCA) Chief Executive Officer and Commissioner of Customs, Major (Ret’d) Richard Reese, during a meeting at the entity’s head office in Newport East, Kingston, on Tuesday, August 9.

Finance Minister Commends $59.3-Billion Revenue Intake by Customs

9 years ago Finance & Public Service

Minister Shaw Hails Work of Jamaica Customs

Finance and Public Service Minister, Hon. Audley Shaw, has hailed the Jamaica Customs Agency (JCA) as an important stakeholder in the country’s development. He said that in addition to revenue collections at the ports, the entity plays a key role in ensuring national safety and security. This is through monitoring of shipments to prevent the entry or export of contraband...

Chief Executive Officer of the Jamaica Customs Agency, Major (Ret’d) Richard Reese, makes a point during a press briefing held at the Agency’s head office, New Port East, Kingston, on August 4. Looking on is Senior Director and Chief Information Officer, Jamaica Customs Agency, Andre Williams.

9 years ago Finance & Public ServiceTransport

Jamaica Customs Reports $44.136 Billion in Net Revenue for April to June

The Jamaica Customs Agency (JCA) is reporting net revenue of $44.136 billion, for the first quarter of the 2016/17 financial year (April to June), surpassing its target by $2.183 billion or 5.2 per cent. Chief Executive Officer of the JCA, Major (Ret’d) Richard Reese, made the disclosure during a press briefing held at the agency’s head office, New Port East,...

10 years ago Finance & Public ServiceInformation

Foromic Conference October 24-26

The Forum on Markets Innovation and Capital (FOROMIC) conference will be held from October 24 to 26 in Montego Bay, St. James. FOROMIC is a space where business and financial institutions, particularly those working in microfinance and with micro, small, and medium enterprises, are able to showcase innovative products and services. Information Minister, Senator the Hon. Ruel Reid, gave details...

Minister of Finance and the Public Service, Hon. Audley Shaw, addresses a sitting of the House of Representatives. (FILE)

10 years ago Finance & Public ServiceParliament

PAYE Workers Urged to Spend Money Wisely

Minister of Finance and the Public Service, Hon. Audley Shaw, is encouraging Pay-As-You-Earn (PAYE) workers, who are taking home more pay as a result of the first phase of increase in the income tax threshold, to spend the money responsibly. He was speaking during yesterday’s (July 26) sitting of the House of Representatives. A total of 251,800 PAYE workers have benefited from...

CEO of the Jamaica Customs Agency and Commissioner of Customs, Major (Ret’d) Richard Reese, addressing a meeting of the Kiwanis Club of downtown Kingston at the Hotel Four Seasons on Monday, July 25. (File photo)

10 years ago Finance & Public ServiceTransport

Jamaica Customs Agency Moves to Further Boost Revenue Collection

Commissioner of Customs, Major (Ret’d) Richard Reese, says the Jamaica Customs Agency (JCA) is redoubling its efforts to improve revenue collection by implementing targeted strategies. These, he says, include revamping the JCA’s operations and boosting manpower to better position the agency to work with clients in achieving improved compliance. The JCA’s Chief Executive Officer was addressing a Kiwanis Club of...

Ambassador of the People’s Republic of China to Jamaica, His Excellency Niu Qingbao (fourth left, front row); Acting Director of the Scholarship and Assistance Unit of the Finance Ministry, Kelli-Ann Garrick (third left, front row); and President of the Jamaica-China Friendship Association Limited, Irena Cousins (second left, front row), with some of the recipients of scholarships to study in China. The occasion was the handover of Letters of Admission to universities in China, at the Chinese Embassy in Kingston on July 22.

10 years ago Finance & Public Service

Students get Letters of Admission to Study in China

The Chinese Government, in collaboration with the Ministry of Finance and the Public Service, has awarded 10 Jamaican students full scholarships to study in China. Official letters of admission to several Chinese Universities were handed over to the students at a handover ceremony on July 22, at the Chinese Embassy, in Kingston. The students will commence studies in September in...

Minister of State in the Ministry of Finance and the Public Service, Hon. Fayval Williams (left); General Manager, Country Department, Caribbean Group, Inter-American Development Bank (IDB), Therese Turner-Jones (centre), sign the loan agreement for the US$100 million Financial System Reform Support Programme, during a ceremony at the Ministry’s Heroes Circle offices in Kingston, yesterday (July 21). Standing is Senior Negotiations Officer, International Programme, Management Branch, Ministry of Finance and the Public Service, Nadine James and at right is Executive Director, IDB, Jerry Butler.

10 years ago Finance & Public ServiceVision 2030

US$100 Million to Boost Investment

The Government has received a US$100-million loan from the Inter-American Development Bank (IDB), to increase access to financing for firms and individuals as well as improving the regulation and supervision of the country’s financial system. Dubbed the ‘Financial System Reform Support Programme’, the initiative seeks to promote private investment and reduce the cost of, and the perceived level of difficulty...