Jamaica is estimated to have recorded gross domestic product (GDP) growth of 2.9 per cent for the first six months of 2023, between January and June. Director General, Planning Institute of Jamaica (PIOJ), Dr. Wayne Henry, made the disclosure during the agency’s digital press conference on Thursday (August 17). He informed that the Services Industry grew by 3.5 per cent,...

Tax Administration Jamaica (TAJ) reopened the doors of the Buff Bay Tax Office at its new location Shop #1, Sam’s Plaza, 7 Thompson Avenue, Buff Bay Portland on Thursday August 3, 2023. The new location which operates Mon. – Wed. (8:30 a.m. – 4:00 p.m.) and Thurs. – Fri. (8:30 a.m. – 3:00 p.m.) to the public, provides improved service...

Prime Minister, the Most Hon. Andrew Holness, says the country is close to full employment, citing further reduction in Jamaica’s unemployment rate to a record low 4.5 per cent. The Statistical Institute of Jamaica (STATIN) reported on Tuesday (August 15) that the out-turn, based on the April 2023 Labour Force Survey, is 1.5 percentage points lower than the figure for...

The country’s unemployment rate fell to a new record low 4.5 per cent in April 2023, according to the Statistical Institute of Jamaica (STATIN) Labour Force Survey for the period. This was 1.5 percentage points lower than the out-turn for the corresponding timeline in 2022, Director General, Carol Coy, indicated. Speaking during STATIN’s quarterly digital media briefing on Tuesday (August...

Governor-General, His Excellency the Most Hon. Sir Patrick Allen (left), receives a framed collection of the new series of banknotes from Governor, Bank of Jamaica (BOJ), Richard Byles. The BOJ Governor, along with other representatives from the Bank, visited King’s House on August 15.

The Development Bank of Jamaica (DBJ) through its Boosting Innovation Growth & Entrepreneurship Ecosystems (BIGEE) on Friday, August 4, 2023, announced the launch of the Jamaica Business Fund (JBF), a grant funding product to enhance the development of the productive sector, by supporting high potential business alliances to compete in regional and global markets. Christopher Brown, Programme Manager, BIGEE explained,...

Recipients of the Marcus Garvey Public Sector Graduate Scholarship will be officially announced on August 17, at King’s House. The scholarship, which is administered by the Ministry of Finance and the Public Service, is available to citizens who are in the public sector who have attained undergraduate tertiary-level education. Now in its third year, the scholarship has been awarded to...