Minister of Finance and Planning, Dr. the Hon. Peter Phillips has reiterated that notwithstanding some of the challenges that exist in the micro financing sector, it remains an area of critical focus for the Government. He says this has been demonstrated over the past several years by deliberate strategies to address the constraints facing the sector. Minister Phillips was addressing...

Tax Administration Jamaica (TAJ) continues to institute a slew of measures to improve service and tax collection at revenue offices across the island. Speaking with JIS News, Director of Communications at TAJ, Meris Haughton, noted the drive to improve online filing and payment of taxes. Individuals, including those living overseas, can now pay property taxes online with a credit card...

As part of the Government’s continued drive to increase collections, Tax Administration Jamaica will be collaborating with third party entities to get information on tax dodgers. Director of Communications at the TAJ, Meris Haughton, told JIS News that under the Revenue Administration (Amendment) Act 2013, companies will be able to share information about their contractors with the TAJ. Ms. Haughton...

Minister without portfolio in the Ministry of Finance and Planning, Hon. Horace Dalley, says significant strides are being made towards improving the profitability and the operational capacity of Caymanas Track Limited (CTL). “With all the effort being made to become profitable, CTL now continues its thrust to generate revenue and further reduce its debt by [implementing] new policies and initiatives,”...

Minister without portfolio in the Ministry of Finance and Planning, Hon. Horace Dalley, says a modern and effective legal and regulatory framework is central to the success of the gaming industry. Mr. Dalley said in this vein, the Government has been actively updating the legislative framework to empower the various gaming commissions to adequately monitor and regulate the sector. The...

Minister of Finance and Planning, Dr. the Hon. Peter Phillips, will be travelling to the United States, London, and other European cities next month to meet with several financial institutions. Information Minister, Senator the Hon. Sandrea Falconer, says Cabinet has approved travel for a delegation, led by the Minister, from June 10-20. “The meetings are to apprise the international capital...

The Betting, Gaming and Lotteries Commission (BGLC) is urging parents and operators of gaming lounges to practise responsible gaming, in order to prevent minors from engaging in the practice. Responsible gaming refers to a set of practices that enable people to game in a way that is fair and safe, with guidelines that speak to the prevention of underage gaming....