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Chief Executive Officer (CEO) of the Consumer Affairs Commission (CAC), Dolsie Allen, is urging consumers to adjust their lifestyle, including implementing conservation measures, in light of forecasts of a hike in oil prices this year. Analysts from JPMorgan Chase, Bank of America Merrill Lynch, among others, are projecting that oil prices could surpass the US$100 per barrel mark in 2011....

Following exhaustive public consultation, a final draft submission is to be made to Cabinet by January 2011 on the five sub-policies of the recently passed National Energy Policy.

Minister of Industry, Investment and Commerce, Hon. Karl Samuda, says the Government is placing focus on creating more space for the expansion of information technology (ICT), noting that the sector offers excellent prospects for job creation in the short-term. "We, as a Government, feel convinced that not only should the existing facilities be expanded. but we should also embark on...

Jamaica and other countries in the region are being urged to take advantage of opportunities under the United Nations Clean Development Mechanism (CDM), to build their renewable energy infrastructure and reduce the dependence on imported oil, while at the same time earning well-needed revenue. Executive Board Member of the CDM, Dr. Hugh Sealy, said that the CDM is a critical...

Minister of State in the Ministry of Energy and Mining, Hon. Laurence Broderick, says with a good public education campaign, consumers can see a massive reduction in their electricity bills. Speaking on Friday, December 10, at a handing over ceremony for a lighting efficiency system at the Percy Junor Hospital, in Clarendon, he noted that it is imperative that consumers...

The Development Bank of Jamaica (DBJ) has made a reduction in the line of credit for energy projects, lowering rates twice in the last year from 12.5 percent to 9.75 and now to 9.5 percent, to assist Jamaican entrepreneurs with high energy costs. Managing Director of the DBJ, Milverton Reynolds was speaking at a recent press briefing at Jamaica House...

Minister of Energy and Mining, Hon James Robertson, has said that the public sector will have a role to play in reducing energy consumption, through the implementation of the Energy Conservation and Efficiency Policy (ECE). "The Policy will be used to identify strategies and propose that a targeted approach be taken, with emphasis on public awareness, provision of financing and...

Cabinet has approved a US$1.63 million contract to EMCO Wheaton for the provision of nine marine loading arms for Petrojam Limited's main docking facility. This disclosure was made by Minister with responsibility for Information, Telecommunications and Special Projects in the Office of the Prime Minister, Hon. Daryl Vaz, at a post-Cabinet press briefing at Jamaica House on December 1. The...

Minister with responsibility for Information and Telecommunications, Daryl Vaz has underscored the importance of timely switching from analogue to digital broadcasting in order to transform the communications infrastructure in the 21st century. He said this must be done in a way that will open up opportunities for providing the highest quality in video production and greater interactivity while contributing to...

Minister with responsibility for Information, Telecommunications and Special Projects, Hon. Daryl Vaz says Information and Communications Technology (ICT) should be used as a nexus in the process of making Jamaica the place of choice to live, work, raise families and do business. "This administration aims to use ICT to automate, simplify and make accessible the services of Government to the...

Minister of Agriculture and Fisheries, Hon. Dr. Christopher Tufton, has charged Jamaican youths to use technology to develop themselves, their communities and the country. He said that, increasingly Jamaicans are being empowered to do greater and better things, based on the development that emerges from research and technology. "We, as Jamaicans, cannot allow the technology to pass us," he urged...

The Boys' Town Telecentre/Computer Lab, which allows residents to have access to a wealth of information by the click of a button, was officially opened today (November 30). Located at Hugh Sherlock Hall on Collie Smith Drive in Kingston, the telecentre/computer lab provides a means for community members, especially young people, to improve their education, acquire skills and participate in...