The administrators of Project STAR (Social Transformation and Renewal) are seeking to raise $100 million via an Initial Public Offering (IPO), which will be launched on the Jamaica Social Stock Exchange (JSSE) come June 22. Project STAR is a social and economic transformation initiative created by the Private Sector Organisation of Jamaica (PSOJ) in partnership with the Jamaica Constabulary Force...

Prime Minister, the Most Hon. Andrew Holness, says the Government’s partnership with the international financial institutions such as the World Bank and the Inter-American Development Bank (IDB) continues to play a pivotal role in the development of the country. The Prime Minister made the remarks during a meeting with newly appointed President of the World Bank, Ajay Banga and President...

World Bank President, Ajay Banga, has high praises for Jamaica’s current economic health, noting that “your country has managed your macro situation very well”. “It is not the same for many developing countries, which took on a great deal of debt when interest rates were low, both international and domestic debt,” he noted. “The World Bank and the International Monetary...

Internal and external customers at the Ministry of Finance and the Public Service will now receive improved service as a result of its new programme, ‘Driven by Service Excellence’. The programme is the Strategic Road Map of the Ministry, which aims to streamline services to create more data-driven, efficient service delivery. Speaking with JIS News, Director of Corporate Communications and...

The Betting, Gaming and Lotteries Commission (BGLC) is accepting applications for the ‘BGLC Tertiary Education Grant’, for the 2023/2024 academic year. The grant is available to full-time first to fourth-year undergraduates, no older than 26 years, who are enrolled at an accredited local tertiary institution and have a grade point average (GPA) of at least 2.75. Manager, Corporate Affairs and...

Stakeholder regulators across the region are being urged to build resilient pension systems with the capacity to respond to small and large shocks and navigate a rapidly changing financial sector. This charge comes from Financial Services Commission (FSC) Executive Director, Major Keron Burrell, who delivered the keynote address during Tuesday’s (June 13) opening ceremony for the Caribbean Association of Pensions...

The Ministry of Finance and the Public Service (MOFPS) are winners of the 2023 Public Sector Debate Competition. They defeated the Jamaica Information Service (JIS) in the final held on Wednesday, June 7 at the Jamaica Conference Centre in downtown Kingston. The Ministry walked away with the coveted winner’s trophy along with prizes valued over $1 million. These include a...