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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.

TAJ Aims to Boost Revenue Intake

Tax Administration Jamaica (TAJ) is to undertake several measures aimed at further boosting the Government’s revenue intake, through increased compliance. These include increased public education and information dissemination, as well as utilisation of measures under the legislative authority available to...

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

Jamaica an Ideal Business Destination – IDP Rep

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'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

11 years ago Finance & Public Service

House Approves Resolution to Increase Concessionary Loan Amount

A Resolution to increase the concessionary loan amount which is paid to employees in certain financial institutions was approved in the House of Representatives on January 27. The Provisional Collection of Tax (Income Tax) (Confirmation) Resolution was moved by Minister of Finance and Planning, Dr. the Hon. Peter Phillips. He noted that the change became necessary in order for benefits...

11 years ago Finance & Public Service

GCT Returns for December 2014 Due

Tax Administration Jamaica (TAJ) is reminding business operators that GCT returns and payments for the month of December 2014 are due on Friday, January 30, 2015. Following a recent amendment to the GCT Act, which took effect October 1, 2014, monthly GCT returns are now due on the last working day of the month. Previously returns were due on the...

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

11 years ago Finance & Public Service

Oppenheimer Commends Jamaica on “Stellar” 2014

Managing Director of Oppenheimer and Company Inc., Gregory Fisher, says Jamaica had a “stellar” year in 2014 and has lauded the Portia Simpson Miller-led administration for the economic gains achieved under the Economic Reform Programme (ERP). He was addressing the Jamaica Stock Exchange’s (JSE) 10th regional conference on Investments and the Capital Markets held recently, at the Jamaica Pegasus Hotel...

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...