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Account Executive, Loan Origination and Portfolio Management Department, Development Bank of Jamaica (DBJ), Hugh Grant

DBJ Guarantees Over $1 Billion in Loans to MSME’s

The Development Bank of Jamaica, through its Credit Enhancement Facility (CEF), has facilitated loans of over $1 billion to operators of micro, small and medium-sized enterprises (MSMEs) through the issuing of some 200 guarantees. This is through partnership with a...

Phase 1 of the housing project at the University of the West Indies, that was constructed under a syndicated loan agreement with the Jamaica Mortgage Bank (JMB) and National Commercial Bank (NCB). The first batch of students began occupying the building for 2015/2016 school year.

JMB Takes Lead in Loan for Phase Two of UWI Housing Project

Commissioner of Customs, Major Richard Reese (left), looks at something in a document being pointed out by Chief Information Officer at the Jamaica Customs Agency (JCA), Andre Williams.

Customs Continues to Improve Business Processes

Director General in the Ministry of Finance and Planning, Dianne McIntosh (centre), and Head of Section (Cooperation) European Union (EU) Delegation, Achim Schaffert (right), listen to Senior Lecturer, International Relations, London School of Economics and Political Science, Dr. Stephen Woolcock, at the opening session for a five-day training course on public procurement, at the Mona Visitors’ Lodge, University of the West Indies, Mona Campus, today (January 4).

Public Procurement System Being Strengthened

The headquarters of the International Monetary Fund (IMF) in Washington, D.C., United States.

IMF Approves US$39.3 Million

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10 years ago Finance & Public Service

Importers Urged to Adhere to Importation Regulations

The Jamaica Customs Agency (JCA) is urging importers to adhere to regulations governing the importation of commercial and non-commercial goods, in order to prevent being breached for contravention of the Customs Laws. According to the CEO/Commissioner of Customs, Major (Ret’d) Richard Reese, the JCA has had to deal with several cases in which persons and entities are found in...

10 years ago Finance & Public Service

GM of Stock Exchange Encourages More Companies to List on Market

General Manager of the Jamaica Stock Exchange (JSE), Marlene Street-Forrest, is encouraging more local companies to list on the stock market. In an interview with JIS News, she said registering on the Jamaica Stock Exchange can generate several benefits for small and medium sized businesses, in addition to raising capital to grow their operations. “What we have found is that...

Minister of Finance and Planning, Hon. Dr. Peter Phillips (right), addresses a signing ceremony at the Ministry in Kingston on Tuesday (December 15), for the 2015/17 Heads of Agreement for the United District Constables Association, and the Jamaica Federation of Corrections and Senior Uniformed Officers Association, representing correctional officers.
Looking on is Minister of National Security, Hon. Peter Bunting.

10 years ago Finance & Public Service

97 Per Cent of Public Sector Workers Have Signed Wage Agreement

Ninety-seven per cent of public sector workers have now signed on to the Heads of Agreement for wage increase and improved benefits, for the 2015/17 period. The latest groups to accept the agreement are the United District Constables Association, as well as the Jamaica Federation of Corrections and Senior Uniformed Officers Association, representing correctional officers. They signed on Tuesday (December...

10 years ago Finance & Public Service

TAJ To Operate At World Standard With Implementation Of RAiS

Implementation of the Revenue Administration Information System (RAiS) will position Tax Administration Jamaica (TAJ) to operate at international standard. The RAiS is used by TAJ to better communicate with its customers and boost the efficiency of the agency’s operation. Commissioner General at the TAJ, Ainsley Powell, told JIS News recently at a ‘Think Tank’ that there are many countries that...

10 years ago Finance & Public Service

TAJ Continues Training on Revenue Administration and Information System

Tax Administration Jamaica (TAJ) is assuring clients that it will continue to provide training on the use of its Revenue Administration Information System (RAiS). Commissioner General of TAJ, Ainsley Powell, told JIS News that the agency has implemented strategies to educate taxpayers on the use of the web-based facility. “At Constant Spring, we have a dedicated room that you can...

10 years ago Finance & Public Service

RAiS Sparks Increased Compliance

Tax Administration Jamaica (TAJ) has reported increased compliance since the implementation of its Revenue Administration Information System (RAiS) earlier this year. Commissioner General of TAJ, Ainsley Powell, told JIS News that the new system allows TAJ to treat with delinquent taxpayers, based on their risk level. “We have a feature that we refer to as our compliance management feature that...

10 years ago EducationFinance & Public ServiceVision 2030

180 Public and Private Sector Workers To Graduate From MIND

One hundred and eighty public and private sector workers, who have successfully completed professional development programmes at the Management Institute for National Development (MIND), will graduate during a ceremony to be held on Saturday, December 12, at the Institute’s Old Hope Road campus. Minister of Health, Hon. Horace Dalley, will deliver the keynote address at the 16th annual graduation and...