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Minister of Industry and Tourism, Aloun Ndombet-Assamba has said the Government was fully supportive of the awareness-building activities of the International Year of Micro Credit, and was committed to ensuring that the activities for the year went beyond promotion, to producing sustainable outcomes for micro entrepreneurs. Mrs. Assamba was making a statement on the International Year of Micro Credit in...

Cabinet has approved US$883,800 for the procurement of 1,000 new bulletproof vests, 400 replacement vests and 600 helmets for members of the Jamaica Constabulary Force (JCF). This was announced by Prime Minister P.J. Patterson at a post Cabinet press briefing at Jamaica House on June 27. Mr. Patterson said that due to the fact that these items were sensitive to...

Changes to transfer tax rates on estates at death, become effective tomorrow (June 1), as announced by Finance and Planning Minister, Dr. Omar Davies during his budget presentation in Parliament in April. As a result, at death there will be no tax on the first $100,000.00 value of the estate to be transferred. Thereafter, amounts over $100,000.00 will be at...

The Ozone Act should be passed in the Houses of Parliament by the end of the year, enabling Jamaica to officially participate in the global effort to reduce the depletion of the ozone layer by reducing and eventually eliminating the use of ozone depleting substances (ODS). "It is expected that the Act will be in place by the end of...

Cabinet has approved the award of a contract for the Kingston Container Terminal billing and collection system to Belgium based company, Cosmos N.V., in the sum of US$370,000. Making the announcement at yesterday's (November 29) post-Cabinet press briefing at Jamaica House, Information Minister, Senator Burchell Whiteman explained that this was done, "in pursuance of the Port Authority's efforts to improve...

Cabinet has approved proposal for Jamaica to become a member of the International Organisation for Migration (IOM), at the next meeting of the IOM, scheduled for today (November 30) in Geneva, Switzerland. Minister of Information, Senator Burchell Whiteman made the announcement yesterday (November 29), at the weekly post-Cabinet press briefing at Jamaica House. "Jamaica has observer status and we are...

Amendments to the Road Traffic Act, which would give deaf and hearing-impaired persons the right to drive, could be completed before the end of the legislative year. Senator Floyd Morris, Minister of State in the Ministry of Labour and Social Security, told JIS News, that the Bill was before the Chief Parliamentary Counsel and could be put before Parliament by...

The Proceeds of Crime Bill is to be brought before Parliament soon, as part of efforts to fight organised crime and to ensure that persons engaged in criminal activities do not profit from their illegal activities. National Security Minister, Dr. Peter Phillips made the announcement while addressing the closing ceremony for staff of the Financial Crimes Unit, who had participated...

The Pensions Reform (Superannuation Funds and Retirement Schemes) Act 2004 was passed in the House of Representatives yesterday (May 11), with 48 amendments, and has been sent to the Senate for debate. Fitz Jackson, State Minister for Finance and Planning with responsibility for pensions, said the legislative side of the Bill should be completed within the next couple of weeks,...

Minister of Finance and Planning, Dr. Omar Davies has said that while a fixed exchange rate system, provided a greater level of certainty and stability, and would temper inflation, there were critical factors as it related to the removal of flexibility to respond to domestic and external shocks. Dr. Davies' remarks came as he closed the 2004/05 Budget Debate in...

Minister of Finance and Planning, Dr. Omar Davies has described the Opposition Leader's suggestion that a five per cent reduction on government domestic bond offers could yield $22 billion in one year, thereby removing the fiscal deficit, as a proposal that was "simply not feasible". Dr. Davies was closing the 2004/05 Budget Debate in Gordon House on Wednesday (April 28)....

It was an occasion fit for a king, when the 2004/05 Parliamentary Year commenced at Gordon House on Duke Street today, with the Governor-General, His Excellency the Most Hon. Sir Howard Cooke delivering the Throne Speech. Dozens of wide-eyed children from nearby primary schools lined sections of Duke Street, gleefully craning their necks to get a glimpse of what must...