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The Government is to approve a number of foreign currency denominated insurance products for issue, in response to calls from local insurance companies for the Financial Services Commission (FSC) to give the green light. "After careful consideration, it was concluded that the types of foreign currency denominated insurance products under consideration would have limited impact on the foreign exchange market...

The Prime Minister, the Hon. Bruce Golding, indicated last night that the Government may be contemplating re-evaluating its position on the Caribbean Court of Justice (CCJ). Mr. Golding told last night's Town Hall Meeting in the assembly hall of the University of the West Indies(UWI), Mona, that a number of changes had been made to the Court, since his Jamaica...

Prime Minister the Hon. Bruce Golding said, last night, that despite some encouraging signs of economic recovery, the Government was still concerned about its sustainability. "Even though the rate of decline is slowing down; even though the remittances are looking up for two months; even though the latest business confidence survey suggests some improvement in the level of business confidence,...

Prime Minister the Hon. Bruce Golding has announced the appointment of businessman and former Deputy Chairman of the ATL Group of companies, Christopher Zacca as Special Adviser. His appointment became effective October 1, 2009. In his new position, Mr. Zacca will provide high level advice and support to the Prime Minister on the development and implementation of policies, strategies, and...

Pioneer Producer/Director and former Chairman of the Creative Production and Training Centre (CPTC), Wycliffe Samuel Bennett, died Monday afternoon (October 5) in the University Hospital of the West Indies (UHWI) at age 87, following a long illness. Minister of Youth, Sports and Culture, Hon. Olivia Grange, pointed out that her Ministry, through the Institute of Jamaica, honoured Mr. Bennett with...

Prime Minister the Hon. Bruce Golding, has said that the lowering of interest rates is key to spurring investment and growing the economy. Mr. Golding, speaking on his monthly radio call-in programme 'Jamaica House Live' earlier this week, said that high interest rates on loans was a turnoff for potential investors, who often opt for low risk Government paper. This,...

President of the Central Jamaica Conference of Seventh-day Adventists, Pastor Everett Brown, has urged Jamaicans to rid themselves of all attitudes that do not foster excellence or are geared towards nation building. "For us to sustain excellence for national transformation, we must change the way we do business. It cannot be business as usual," he stated. Pastor Brown was delivering...

Prime Minister the Hon. Bruce Golding's Town Hall meetings will take a new twist on Tuesday, October 6, when there will be a special session for the Mona community of the University of the West Indies (UWI). The meeting is expected to reach a wide cross section of Jamaicans, including those with academic and business interests as well as bright,...

Prime Minister the Hon. Bruce Golding has defended Government's decision to increase both the departure and telephone taxes, noting that the call to roll them back is a normal response from the public. The departure tax was increased from $1,000 to $1,800 while there has been an increase from 20%- 25% on telephone cards, telephone calls and instruments. Mr. Golding...

Member of the University of the West Indies (UWI) Climate Change Group and Physics Lecturer in the Faculty of Pure and Applied Sciences, Dr. Michael Taylor, is appealing to the Private Sector, the Government and fellow academics to increase their support of climate-based research, so that Jamaica can respond appropriately, and cope effectively with the challenges of climate change. Speaking...

Prime Minister Bruce Golding has expressed regret at the passing yesterday (October 1) of Jamaica's former Ambassador to the United States, the Hon. Keith Johnson O.J. Ambassador Johnson passed away, peacefully, at his home in New York. He was 88 years old. A release from the Office of the Prime Minister (OPM) Friday (October 2) said that Mr. Golding noted...

Jamaican lawyer, Dr. Delroy Beckford, examines the World Trade Organisation's (WTO) regulation of trade remedies and the power dynamics of countries settling disputes in his book 'Power and Judicial Activism in the WTO: The Appellate Body's Interpretation of Trade Remedy Agreements'. The book, which was launched at the Courtleigh Hotel in Kingston on October 1, looks at some landmark rulings...