Latest

Inter-American Development Bank (IDB) Country Representative to Jamaica, Therese Turner-Jones.

Jamaica an Ideal Business Destination – IDP Rep

The Inter American Development Bank (IDB) is encouraging both local and international entrepreneurs and private sector interests to take advantage of Jamaica’s improved business climate. Describing the current business environment as a “sweet spot,” IDB Country Representative for Jamaica, Therese...

Finance and Planning Minister, Dr. the Hon. Peter Phillips (2nd left), responds to a question posed during a media briefing on Monday (January 26) at Jamaica House. Listening keenly are: Minister with Responsibility for Information, Senator the Hon. Sandrea Falconer (left); Financial Secretary, Devon Rowe (2nd right); and Bank of Jamaica (BoJ) Governor, Brian Wynter.

Gov’t Finalising 2015/16 Budget

Mayor of Montego Bay, Councillor Glendon Harris (third left, front row) and Deputy Chief Executive Officer of Jamaica Customs Agency (JCA) Karlene Henry (entre), with staff of the JCA (Montego Bay), after the church service to mark the start of Customs Week, held at the St. Paul — Mayor of Montego Bay, Councillor Glendon Harris (third left, front row) and Deputy Chief Executive Officer of Jamaica Customs Agency (JCA) Karlene Henry (entre), with staff of the JCA (Montego Bay), after the church service to mark the start of Customs Week, held at the St. Paul's United Church in Montego Bay, on January 25.

Church Service Kicks Off Customs Week in the West

Prime Minister, the Most Hon. Portia Simpson Miller, speaks with Managing
Director of the United States-based investment firm, Oppenheimer and Company
Inc., Gregory Fisher (right), at the Jamaica Stock Exchange — Prime Minister, the Most Hon. Portia Simpson Miller, speaks with Managing Director of the United States-based investment firm, Oppenheimer and Company Inc., Gregory Fisher (right), at the Jamaica Stock Exchange's (JSE) 10th regional conference on Investments and the Capital Markets held recently, at the Jamaica Pegasus Hotel in New Kingston. At centre is Chairman, JSE, Alan Lewis.

More Rating Upgrades for Jamaica

Prime Minister, the Most Hon. Portia Simpson Miller, exchanges greetings
with Managing Director of the United States-based investment firm,
Oppenheimer and Company Inc., Gregory Fisher (right), at the Jamaica Stock
Exchange — Prime Minister, the Most Hon. Portia Simpson Miller, exchanges greetings with Managing Director of the United States-based investment firm, Oppenheimer and Company Inc., Gregory Fisher (right), at the Jamaica Stock Exchange's (JSE) 10th regional conference on Investments and the Capital Markets held recently, at the Jamaica Pegasus Hotel in New Kingston. At centre is Chairman, JSE, Alan Lewis.

Oppenheimer Commends Jamaica on “Stellar” 2014

More

11 years ago Finance & Public ServiceOffice of the Prime MinisterPrime Minister

Gov’t Forecasts 1.9 Per Cent Growth for 2015/16

The Government is forecasting real gross domestic product (GDP) growth of 1.9 per cent for the fiscal year 2015/2016. Prime Minister, the Most Hon. Portia Simpson Miller, said the growth will be driven by increased activity in targeted sectors. “The expectation is that growth will come mainly from the following areas: mining and quarrying, agriculture, forestry and fishing and construction,”...

Minister of Finance and Planning, Dr. the Hon. Peter Phillips (right), has the attention of Executive Chairman, Mayberry Investments Limited, Christopher Berry (left), and Assistant Vice President for Marketing, Mayberry Investments Limited, Anika Smith during Wednesday’s (Jan. 21) staging of the Mayberry Investor Forum at the Knutsford Court Hotel in Kingston.

11 years ago Finance & Public Service

Gains Under Economic Reform Must Be Sustained – Dr. Phillips

Minister of Finance and Planning, Hon. Dr. Peter Phillips, says the gains that have been achieved under the Economic Reform Programme must be sustained in order for Jamaica to realise growth over the medium and long term. He noted that while the programme is challenging, there is evidence that it is delivering positive results, and he expressed commendation to the...

Finance and Planning Minister, Dr. the Hon Peter Phillips (2nd left), is assisted by President and Chief Executive Officer of Scotia Group Jamaica Limited, Jacqueline Sharp (2nd right), in unveiling a commemorative plaque to mark the formal opening of the bank’s Fairview Financial Centre in Montego Bay, recently. Sharing the moment are: Mayor of Montego Bay, Councillor Glendon Harris (left); and Scotia Group’s Senior Vice President for English Caribbean International Banking, Bruce Bowen.

11 years ago Finance & Public Service

Positive Feedback on Economy from Private Sector Leaders

The Government’s implementation of the economic reform programme continues to generate positive feedback from the private sector. This response has amplified in the wake of reported improvements in business and consumer confidence for the October to December 2014 quarter. Details of recent surveys show that the business confidence index rose to 122.9 points for the period, up from 112.1 in...

Chairman of the Development Bank of Jamaica (DBJ), Joseph M. Matalon (3rd left), makes a point to Board member of the bank, Richard Burgher (left), at the launch of an Internet Finance Directory for the Micro, Small and Medium Sized Enterprise (MSME) sector, held at the Bank’s New Kingston offices on January 21. Others (from second left are): the DBJ’s Managing Director, Milverton Reynolds, and Executive Director at the Mona School of Business and Management (MSBM), Professor Densil Williams.

11 years ago Finance & Public Service

Finance Directory Launched to Assist MSMEs

The Micro, Small and Medium Sized Enterprise (MSME) sector now has an Internet finance directory, which was developed by the Development Bank of Jamaica (DBJ), and the University of the West Indies Mona School of Business and Management (MSBM). Speaking at the launch on January 21, at the DBJ’s New Kingston offices, Chairman of the Bank, Joseph M. Matalon, noted...

11 years ago Finance & Public Service

BOJ Says Depreciation Has Slowed Significantly

Bank of Jamaica (BoJ) Governor, Brian Wynter, says depreciation in the foreign exchange rate has slowed significantly for the 2014/15 fiscal year, to date, relative to the previous year. Speaking at a media briefing at the BoJ, in downtown Kingston, on Wednesday, January 21, Mr. Wynter said the rate of depreciation, relative to the United States dollar, up to Monday,...

Acting Director of Public Relations at the Jamaica Customs Agency (JCA), Natalee Cameron, outlines activities for Customs Week 2015 at a JIS ‘Think Tank’ on January 20.

11 years ago Finance & Public Service

JCA Urges Customers to Vote in Public Sector Competition

The Jamaica Customs Agency (JCA) is appealing to its customers and stakeholders to participate in the Public Sector Customer Service Competition by voting for the best public sector entity and customer service officer. Persons can vote by filling out the nomination forms and placing them in boxes at the entity or online via a voting link on the agency’s website...

Bank of Jamaica (BoJ) Governor, Brian Wynter, addressing journalists at a media briefing at the BoJ’s offices, downtown Kingston, on January 21.

11 years ago Finance & Public Service

Inflation Rate Slows in 2014

The Bank of Jamaica (BoJ) is reporting a slower rate of inflation for the 2014 calendar year, over 2013. Governor, Brian Wynter, who describes this development as a “change” in the inflation environment, says the 2014 figure ended at 6.4 per cent, compared to 9.5 for the previous year. Meanwhile, he says the figure for the 2014/15 fiscal year is...