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Leader of the Opposition, Dr. Peter Phillips.

Jamaica Moves from Stable to Positive

International credit rating agency, Standard and Poor’s (S&P), has improved its outlook on Jamaica from stable to positive. In a release on September 19, Standard and Poor’s says it has affirmed its 'B-' long-term foreign and local currency and 'B'...

Permanent Secretary in the Ministry of Water, Land, Environment and Climate Change, Dr. Alwin Hales (right) and Director General in the Ministry, Dr. Sharon Crooks (centre), are being informed about the work of First Heritage Cooperative Credit Union, by Business Development Representative, Aaron Minott. Occasion was a tour of booths prior to the start of the Ministry’s retirement exposition today (September 19), at the Half-Way-Tree Road offices of the Land Administration and Management Programme (LAMP).

Jamaicans Urged to Plan for Retirement

Company Secretary and Legal Counsel for Jamaica Mortgage Bank (JMB), Donna Samuels-Stone, oversees the signing of a syndicated loan agreement between financiers Jamaica Mortgage Bank (JMB) and National Commercial Bank (NCB); and 138 Student Living Jamaica Ltd. Under the agreement, the two financial entities will provide $1.35 billion for the construction of phase one of a student housing project at the University of the West Indies (UWI). The signatories (from left) are: Assistant General Manager Corporate Banking at NCB, Raymond Donaldson; General Manager, Corporate Banking NCB, Brian Boothe and JMB Board Chairman, Howard Mollison.

Jamaica Mortgage Bank Lead Financier of UWI Student Housing Project

Minister of Finance and Planning, Dr. the Hon. Peter Phillips, updates journalists on fiscal matters discussed at the recent two-day Cabinet retreat, at a media briefing, hosted by Information Minister, Senator the Hon. Sandrea Falconer, at Jamaica House, on Wednesday, September 17.

Cabinet Committee to Identify and Remove Growth Impediments

Minister of Finance and Planning, Dr. the Hon. Peter Phillips (centre), updates journalists on matters discussed at the recent two-day Cabinet retreat, at a media briefing, hosted by Information Minister, Senator the Hon. Sandrea Falconer (left), at Jamaica House, on September 17. At right is Financial Secretary, Mr. Devon Rowe.

PIOJ Says Growth Could Reach 3% in 2015/16

12 years ago Finance & Public ServiceParliamentSenate

Bill to Amend GCT Act Tabled in Senate

A Bill to amend the General Consumption Tax (GCT) Act was tabled in the Senate on Friday, September 19, paving the way for an improved tax collection system. Justice Minister, Senator the Hon. Mark Golding, tabled the Bill, which was passed in the House of Representatives on September 17. It introduces a series of adjustments, which aim to facilitate the operation of...

12 years ago Finance & Public Service

Growth Momentum to Continue

Finance and Planning Minister, Dr. the Hon. Peter Phillips, says the economic growth momentum is expected to continue through to the end of the September quarter, despite the effects of the drought. He was addressing a post-Cabinet Retreat press briefing on September 17 at Jamaica House. Real economic activity expanded within the range of one to two per cent during...

12 years ago Finance & Public Service

Public Sector Customer Service Competition Launches September 18

The sixth staging of the Public Sector Customer Service Competition for 2014/2015 will be launched on Thursday, September 18, at the Penthouse, Ministry of Finance and Planning, 30 National Heroes Circle, Kingston, beginning at 10:00 a.m. Guest speaker will be President and Chief Executive Officer, Sagicor Group Jamaica Limited, Richard Byles. The competition is a biennial event staged by the...

Co-Chairman of the Economic Programme Oversight Committee (EPOC), Richard Byles. (FILE)

12 years ago Finance & Public Service

Inflation Down in August

The Statistical Institute of Jamaica (STATIN) is reporting that the inflation rate for August was 1.1 per cent, 0.3 per cent less than the 1.4 per cent recorded in July. STATIN says the rate for August was caused by a 2.7 per cent increase in prices for food and non-alcoholic beverages. In its monthly Consumer Price Index released on Monday,...

Director, Taxation Policy Division, Ministry of Finance and Planning, Ian Scarlett, emphasises a point during a presentation to business students at a lecture, hosted by the School of Business Administration at the University of Technology (UTech), in Kingston, on September 11. Mr. Scarlett’s presentation focused on the Government’s Economic Reform Programme (ERP).

12 years ago Economic Growth & Infrastructure DevelopmentFinance & Public ServiceVision 2030Youth

Young Jamaicans Urged to Create Employment for Themselves

Director, Taxation Policy Division, Ministry of Finance and Planning, Ian Scarlett, is urging young Jamaicans to use the training they have received at various academic institutions and create employment opportunities for themselves. “The days of going to school, graduating from university and getting a job or having someone employ you, those days are numbered. It now means that you have...

12 years ago Finance & Public Service

Addressing Corruption A Priority – Dr. Phillips

Minister of Finance and Planning, Dr. the Hon. Peter Phillips, says addressing the issue of corruption remains a national priority. He says public perception of corruption continues to mar the political process in Jamaica, despite the passage of various pieces of legislation and strengthening of extensive requirements for the reporting of incomes by public officials. “There is perhaps no single...

Director, Professional Services Unit at the Mona School of Business, Dr. William Lawrence (left), and Managing Director of the Development Bank of Jamaica (DBJ), Milverton Reynolds (centre), sign a Memorandum of Understanding (MoU) for the creation of a web database that will provide information on financing options for small businesses. The signing ceremony was held on September 11, at the University of the West Indies’ (UWI) Mona campus. Looking on (from second left) are Attorney-at- law and Lecturer at the Mona School of Business, Shirley-Ann Eaton; General Manager, Strategic Services Division, DBJ, Claudine Tracey; and Executive Director, Mona School of Business and Management, Dr. Densil Williams.

12 years ago Finance & Public Service

Online Database to Provide Sources of Financing for Small Businesses

Operators of Micro, Small, and Medium Enterprises (MSMEs) will soon have access to an online database that will provide information on sources of financing for their businesses. A Memorandum of Understanding (MoU), to facilitate and create the database, was signed on Thursday, September 11, between the Development Bank of Jamaica (DBJ) and the Mona School of Business and Management (MSBM),...