The Development Bank of Jamaica (DBJ) has received Bids from two entities expressing an interest in acquiring the state-run horse racing promotions company, Caymanas Track Limited (CTL). The bids were received from Caymanas Racing and Entertainment Limited and Supreme Ventures Limited, following the bid opening exercise at the DBJ, on Friday, 18 September 2015. The Development Bank of Jamaica and...

Operators of Private Bonded Warehouses are hereby advised that in keeping with the new provisions under Section 6 of the Customs (Amendment) Act 2014, effective immediately, duties will be levied at the rate of duty prevailing at the time the goods are being removed from the warehouse and not at the time the goods are entered for warehousing, as was...

Project Director of the Government of Jamaica/Inter-American Development Bank Energy Efficiency/Conservation Programme (GOJ/IDB EE/C), Wayne Williams, says that since the start-up of the programme, there has been growth in job creation and the formation of new enterprises. “The air-condition contractors, because of the volume of work, they now have to employ new staff and technical personnel.  We’ve also had people...

The Government is calling on the financial sector to be watchful in ensuring that only clean money enters or passes through their systems from the new ganja industry. Minister of Foreign Affairs and Foreign Trade, Senator the Hon. A.J. Nicholson, who made the call today (October 12), said the opening of opportunities in the industry also involved risks. He was...

Health Minister, Hon. Dr. Fenton Ferguson, says he continues to work with the Ministry of Finance to ensure that all matters related to a new wage package for the island’s nurses are agreed on in the shortest possible time. Addressing the 45th island conference of the Nurses’ Association of Jamaica (NAJ) on October 9, at Jewels Resort in St. Ann,...

Enrolled assistant nurses have been lauded by Minister without Portfolio in the Ministry of Finance and Planning with responsibility for the Public Service, Hon. Horace Dalley, for being the first group in the health sector to sign the wage deal for the contract period 2015-2017. “We appreciate this move that you have made. We will not forget this act of...

Finance and Planning Minister, Hon. Dr. Peter Phillips, said the Government is seeking to complete salary negotiations with the remaining unions representing civil servants during the October to December quarter. He noted that settlements have been reached with more than 80 per cent of the bargaining units. The Minister, who was speaking in the House of Representatives on September 29,...

Finance and Planning Minister, Hon. Dr. Peter Phillips, says the fiscal operations under the Economic Reform Programme (ERP) are on track to meet the established targets for September. This, he noted, is as a result of “better than budgeted” performances for both the central government primary surplus and fiscal deficit at the end of August. The Minister was speaking in...

Mr. Denford Edwards, Senior Tax Collector, Tax Administration Jamaica, who was arrested and charged by the Revenue Protection Division (RPD),  was sentenced to nine (9) months imprisonment, having been found guilty of Obtaining Money by Means of False Pretences in the Halfway Tree Resident Magistrate’s Court, Criminal Division earlier this week. Mr. Edwards collected a sum of money from a...