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MANDEVILLE — Minister of Finance and the Public Service, Hon. Audley Shaw, says that the Government has made the best possible wage offer to public sector workers, noting that the administration can do no more in light of fiscal constraints. He was speaking on June 28 at the Annual General Meeting of the National People’s Co-operative Bank held at the...

KINGSTON — The draft code of conduct governing the delivery of banking services in Jamaica has now been completed. If embraced by the country’s bankers association, the code will make Jamaica the first CARICOM nation to have its banking sector guided by such a policy. The development of the code is part of the ‘Promotion of Consumer Protection in the...

Jamaica’s Ambassador to the United States, Her Excellency Audrey Marks, has commended the Victoria Mutual Building Society (VMBS) for maintaining a very strong relationship with Jamaican communities in the Diaspora over the past 30 years. According to the Ambassador, “VMBS has maintained very strong relationships with Jamaican communities, churches and entities in the Diaspora, and has provided an avenue for...

KINGSTON — Signing of an agreement between the Ministry of Finance and the Public Service and unions representing Government workers has been postponed. The agreement was scheduled to be signed Friday (June 24) at Jamaica House, but Prime Minister Bruce Golding, who returned from a one week vacation Thursday (June 22), has advised that the signing has been deferred. He...

KINGSTON — The FINSAC Commission of Enquiry has rejected the request for the appearance of former Prime Minister, the Most Hon P.J. Patterson, but has written former Minister of Water and Housing, Dr. Karl Blythe, asking his participation. Both requests were made by attorney Anthony Levy, who represents Thermo Plastics Jamaica Limited/Plas Pak former managing director, Jean Michael Desulme. Chairman...

KINGSTON — Four of the nine public sector groups engaged in negotiation with the Government on implementation of the delayed seven percent pay increase, and the retroactive payments, have agreed to the Government’s latest offers for a settlement. This was revealed in a press release issued Monday by the Ministry of Finance and the Public Service. According to the release...

Jamaica’s Minister of Finance and the Public Service the Hon. Audley Shaw met with his Chinese counterpart Finance Minister His Excellency Xie Xuren on Monday, June 20 in Beijing. The Ministers engaged in a wide-ranging exchange of views on bilateral economic and financial issues. Commenting on the increasing number of high-level visits taking place between Chinese and Jamaica officials, Minister...

MANDEVILLE — Minister of Finance and the Public Service, Hon. Audley Shaw says the town of Christiana serves major sections of four parishes where people do their business transactions, making the new development road a very necessary project. "Christiana is of strategic importance as not only the second largest town in the parish of Manchester, second to Mandeville, it is...

KINGSTON — Jamaica has a good shot at success as an International Financial Centre (IFC), Chairman of the Jamaica International Financial Services Authority (JIFSA), Eric Crawford, told the Diaspora Convention in Ocho Rios, Thursday June 16. “It’s a very high value added industry everywhere it exists. In fact, the wealthiest economies in the world are international financial centres, and Jamaica...

OCHO RIOS — Minister of Finance and the Public Service, Hon. Audley Shaw has called on members of the Jamaican Diaspora to join with the government to further drive the economic and social development of the country. Mr. Shaw said with the country’s economy stabilised, it is time for the Diaspora to think of ways it can assist the government...

KINGSTON — Former Century National boss, Don Crawford, Tuesday June 7 blamed orchestrated threats against his life for his exile in the United States since 1996. Mr. Crawford claimed that he was cheated and fraudulently robbed of all his assets, and forced into involuntary exile because of the threats. “By all intents and purposes, were it not for God, I...

KINGSTON — Governor of the Bank of Jamaica, Brian Wynter has said that Jamaica is going through a period of "remarkable change," with the values of fiscal discipline and accountability being strengthened. He noted that these are now being embedded in law and practice. “Laws have actually been passed. This is the first fiscal year in which the new methods...