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Source: Jamaica Daily Gleaner

Kingston :: Jamaica | updated 2014-03-01 22:02:42 -0800 | business-news

AN increase in the education tax, primarily to finance the Students' Loan Bureau (SLB), funding to the State-lending institutions has been cut by $1 billion in the revised Estimates of Expenditure, which has been tabled in the House of Representatives....
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Source: Jamaica Daily Gleaner

Kingston :: Jamaica | updated 2014-03-01 22:02:43 -0800 | business-news

Government actors to pin down the details for the construction of barracks for the Jamaica Defence Force (JDF) has resulted in the project been pushed back to next fiscal year. Prime Minister Portia Simpson Miller had announced the rebuilding of...
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Source: Jamaica Daily Gleaner

Kingston :: Jamaica | updated 2014-03-01 22:02:42 -0800 | business-news

AT two of Jamaica's revenue-collection entities are to receive a $1.8-billion pension payout in the next fiscal year. The employees from Jamaica Customs and Tax Administration Jamaica (TAJ) will become pensionable when the Government abolish their posts and reorganise these...
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Source: Jamaica Daily Gleaner

Kingston :: Jamaica | updated 2014-03-01 22:02:42 -0800 | business-news

Thwaites blames procurement process for slowdown in planned expansion of Anchovy High Andrew Harris, Sunday Gleaner Writer The principal of the St James-based Anchovy High School, Lambert Robinson, has expressed tremendous disappointment after the Government shelved plans to allocate money...
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Source: Jamaica Daily Gleaner

Kingston :: Jamaica | updated 2014-03-01 22:02:34 -0800 | business-news

Jamaica's Net International Reserves (NIR) is projected to increase to US$1.3 billion by the end of this month. "Last year, we were some-where in the region of US$790 million," Finance and Planning Minister Dr Peter Phillips told persons attending an...
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Source: Jamaica Daily Gleaner

Kingston :: Jamaica | updated 2014-03-20 01:20:00 -0700 | business-news

McPherse Thompson, Assistant Business Editor The International Monetary Fund (IMF) has confirmed that Jamaica has passed the third test under its economic support programme, which enables the country to benefit from a disbursement of US$71.4 million.
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Source: Jamaica Daily Gleaner

Kingston :: Jamaica | updated 2014-04-06 23:02:16 -0700 | business-news

CaPRI Arthur Hall, Senior News Editor A just-concluded study by the local think tank, Caribbean Policy Research Institute (CaPRI), has found that the income earned by banks from fees and commissions has increased significantly in many Western economies since the...
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Source: Jamaica Daily Gleaner

Kingston :: Jamaica | updated 2014-03-22 01:13:02 -0700 | business-news

The Ministry of Justice has requested $250 million for the payment of debts to persons who have been successful in getting judgments against the State, portfolio minister Mark Golding said yesterday. Golding said that 140 judgment creditors were awaiting payment...
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Source: Jamaica Daily Gleaner

Kingston :: Jamaica | updated 2014-04-04 04:25:39 -0700 | business-news

Prime Minister Portia Simpson Miller yesterday appealed to Jamaicans to support her Government in its quest to stay the course with the economic programme being dictated by the International Monetary Fund (IMF). "We are trying to see what we can...
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Source: Jamaica Daily Gleaner

Kingston :: Jamaica | updated 2014-04-04 04:25:38 -0700 | business-news

The Government is trumpeting its success in meeting all quantitative fiscal and monetary performance criteria under the four-year extended-fund facility with the International Monetary Fund (IMF). In March, the administration passed the third review of Jamaica's performance by the IMF....
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Source: Jamaica Daily Gleaner

Kingston :: Jamaica | updated 2014-04-04 04:26:08 -0700 | business-news

The National Water Commission (NWC) is projecting a net deficit of $3.5 billion for the new fiscal year. This is expected to be approximately $2.5 billion less than the $5.9 billion in losses for the just ended 2013-2014 financial year....
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Source: Jamaica Daily Gleaner

Kingston :: Jamaica | updated 2014-03-24 02:08:27 -0700 | business-news

McPherse Thompson, Assistant Business Editor Having been successful in its third review of the four-year loan agreement with the International Monetary Fund (IMF), the lending agency has advised the Jamaican Government that policies pursued going forward should focus on curtailing...
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Source: Jamaica Daily Gleaner

Kingston :: Jamaica | updated 2014-04-03 02:57:50 -0700 | business-news

The revelation comes as Finance Minister Dr Peter Phillips prepares to table the 2014-2015 Estimates of Expenditure in the House of Representatives today. Phillips told The Gleaner yesterday that he expects a positive review for the end of March. Under...
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Source: Jamaica Daily Gleaner

Kingston :: Jamaica | updated 2014-03-26 00:13:42 -0700 | business-news

John Myers Jr, Gleaner Writer As the Government prepares to present the 2014-15 Budget in Parliament, a noted economist is urging the finance minister to not only commit to undertaking the economic reforms as prescribed by the International Monetary Fund...
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Source: Jamaica Daily Gleaner

Montego Bay :: Jamaica | updated 2014-03-26 00:13:41 -0700 | business-news

With modern information and communication technology (ICT) business solutions being a key strategic focus for Digicel Business, the company has announced that it will be building out Jamaica's most sophisticated underground fibre network in Montego Bay, St James, and Kingston....
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