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Bank of Jamaica (BOJ) Governor, Richard Byles, speaking during a ‘Riverside Chat’ panel discussion at the 2022 Jamaica 60 Diaspora Conference on Wednesday (June 15), at the Ministry of Foreign Affairs and Foreign Trade in downtown Kingston.

Persons Cautioned About Using Cryptocurrencies

Persons using cryptocurrencies or who are contemplating this are being urged by the Bank of Jamaica (BOJ) to do so cautiously. Governor, Richard Byles, says the institution is mindful to advise individuals of the unpredictable nature of cryptocurrencies’ value. “We...

Minister without Portfolio in the Office of the Prime Minister, Hon. Floyd Green (left), engages in discussion about the Government’s digitisation process with Chief Digital Officer and Corporate Vice President, Microsoft US Global Technology Leader, Jacky Wright, during a special ‘Riverside Chat’ during the Jamaica 60 Diaspora Conference, at the Ministry of Foreign Affairs and Foreign Trade office in downtown Kingston on Tuesday (June 14).

Jamaica Lauded For Progress In Digital Transformation

The Students’ Loan Bureau (SLB) Logo.

Students Can Apply For SLB Loans Online

Bank of Jamaica (BOJ) Governor, Richard Byles, speaking during a ‘Riverside Chat’ panel discussion at the 2022 Jamaica 60 Diaspora Conference on Wednesday (June 15), at the Ministry of Foreign Affairs and Foreign Trade in downtown Kingston.

BOJ To Commence Rollout Of Digital Currency End Of June

Jamaica Stock Exchange (JSE) Managing Director, Marlene Street Forrest.

Diaspora Encouraged To Invest, List On Jamaica Stock Exchange

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Bank of Jamaica (BOJ) Governor, Richard Byles, speaks during a semi-virtual ‘Riverside Chat’ forum at the 2022 Jamaica 60 Diaspora Conference, on Wednesday (June 15). The conference is being hosted at the Ministry of Foreign Affairs and Foreign Trade in downtown Kingston, from June 14 to 16, under the theme ‘Reigniting a Nation for Greatness’.

4 years ago Finance & Public ServiceJamaica 60 Diaspora Conference

BOJ Hopeful More Persons Will Join Banks To Get CBDC Accounts

The Bank of Jamaica (BOJ) is hopeful that the simplified companion customer verification process to facilitate the establishment of central bank digital currency (CBDC) accounts will spur an increase in the number of persons joining local financial institutions. Governor, Richard Byles, advised that persons must acquire a special wallet in order to utilise the CBDC, dubbed ‘Jam-Dex’. Speaking on Wednesday...

4 years ago Finance & Public Service

Second Quarter Tax Payments Due June 15

Tax Administration Jamaica (TAJ) is reminding business persons that their 2nd quarter Estimated Corporate Income Tax and Self-employed Statutory Payments are due on Wednesday, June 15, 2022. Additionally, Employer’s Monthly Statutory Payroll Deductions (S01) for the month of May are due on June 14. These include: • Statutory Deductions (S01) for May • Estimated Corporate Income Tax (2nd quarter) •...

Director-General at the Statistical Institute of Jamaica (STATIN), Carol Coy.

4 years ago Finance & Public Service

STATIN Seeks Partners To Deliver Census Message

The Statistical Institute of Jamaica (STATIN) is seeking support to deliver the 15th National Population and Housing Census message through its Census Partnership Programme. The programme provides an opportunity for new and existing partners to work with STATIN to improve the response rate for the 2022 Census, scheduled to begin September 12. Director-General at STATIN, Carol Coy, told JIS News...

(FILE) Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, delivering the closing 2022/23 Budget Debate presentation in the House of Representatives on Tuesday (March 22).

4 years ago Finance & Public Service

Bill Passed To Transfer All Assets Of Jamaica Development Bank To DBJ

The Jamaica Development Bank (Repeal) Act 2022, was passed in the House of Representatives on June 7. The Bill repeals the Act and provides for the transfer of all assets of the Jamaica Development Bank to the Development Bank of Jamaica (DBJ) Limited, in exchange for the issuance of shares in the DBJ to the Accountant General. This legislation also...

4 years ago Finance & Public Service

Tax Services for Jamaica 60 Diaspora Virtual Conference

Tax Administration Jamaica (TAJ) will join several government entities to provide support to the Jamaican diaspora at this years’ staging of the Jamaica Diaspora Conference June 14 - 16, 2022. Operating under the banner of Government at Your Service (GOVAYS), the Tax Authority will display its digital service capabilities in keeping with the virtual themed modality of the conference. Chief...

4 years ago Finance & Public Service

Bank of Jamaica’s Statement on Social Engineering Attacks

In response to the recent highly publicized social engineering attack which resulted in bank customers losing significant sums of money, Bank of Jamaica (the Bank) has acted swiftly to engage in dialogue, both internally and with the wider commercial banking sector, to discuss possible steps that can be taken to reduce phishing, smishing, vishing and other technology-based fraud. The Bank...

Minister of Foreign Affairs and Foreign Trade and Leader of Government Business in the Upper House, Senator Kamina Johnson Smith (right), and State Minister in the Ministry, Senator the Hon. Leslie Campbell, peruse a document, during Friday’s (June 3) sitting of the Senate at Gordon House.

4 years ago Finance & Public ServiceSenate

Senate Approves Central Bank Digital Currency

The Bank of Jamaica (BOJ) has been given the authority to issue Central Bank Digital Currency (CBDC) as legal tender locally, with the Senate’s passage of the Bank of Jamaica (Amendment) Act, 2022 at Gordon House on Friday (June 3). The Bill was passed in the House of Representatives on May 24. Consequent on the legislation’s passage, the way has...