Minister of State in the Ministry of Finance and the Public Service, Hon. Zavia Mayne, is committing to undertaking work to strengthen the public-sector collective bargaining process. He gave this undertaking while speaking on Tuesday (September 24) during the opening of a seminar for industrial relations practitioners at the Medallion Hall Hotel in Kingston. Mr. Mayne emphasised the importance of...

The Betting, Gaming and Lotteries Commission (BGLC) is poised to implement a new gaming management information system to elevate the level of services provided to its customers. With this new system, persons will be able to access the Commission’s services remotely. Director of Licensing and Registration at the BGLC, Vivian Nunes, says the platform will be initiated by the end...

Economic Programme Oversight Committee (EPOC) Chairman, Keith Duncan, says it is expected that the Bank of Jamaica (BOJ) will continue to ease monetary policy and further reduce interest rates. For the first time since October 2022, the BOJ’s Monetary Policy Committee (MPC) decided to cautiously ease its monetary policy stance, resulting in the Bank’s indicative policy interest rate being reduced...

The Government’s revenues for April to July 2024 outperformed the budget by 4.5 per cent. Addressing Friday’s (September 13) Economic Programme Oversight Committee (EPOC) Quarterly Press Briefing, Chairman Keith Duncan, said total revenues and grants of $301.9 billion exceeded budget projections by $12.9 billion. Some $270.8 billion accounted for tax revenue and $27.5 billion from non-tax revenue. “Tax revenues surpassed...

The Betting, Gaming and Lotteries Commission (BGLC) is ramping up its public education efforts to ensure that all gaming machine operators are fully aware of its licensing requirements. Director of Licensing and Registration, Vivian Nunes, said the enhanced sensitisation is imperative to boost compliance within the gaming industry. “Gaming machines are required to be licensed, so too the premises on...

The Bank of Jamaica (BOJ) is holding consultations with key stakeholders on the Twin Peaks Model of Financial Regulation and Supervision as part of the implementation of a practice period, prior to the passage of supporting legislation. These talks are being held with several groups, including the Insurance Association of Jamaica (IAJ), Jamaica Bankers Association (JBA), Jamaica Securities Dealers Association...

Vulnerable Jamaicans who were affected during the passage of Hurricane Beryl are to receive cash grants, through a US$1.4-million United Nations World Food Programme initiative. Minister of Labour and Social Security, Hon. Pearnel Charles Jr., made the disclosure during Tuesday’s (September 10) post-Cabinet press briefing at Jamaica House. “Through a collaboration with the World Food Programme, there will be an...