Local Banks Are Helping To Devalue The Jamaican Currency With Their Strategies


Shaw Says Gov’t Will Continue To Lobby US On Correspondent Banking

Jamaica News: Minister of Industry, Commerce, Agriculture and Fisheries, Hon. Audley Shaw, says the Government will continue to lobby the United States (US) to take the lead in legitimising licensed cannabis growers and processors in the correspondent banking relationships with US banks. Mr. Shaw was addressing the CanEx Business Conference and Expo, held at the […]


Three More Buses For Government Employees

Jamaica News: Three buses, valued at US$753,695, are to be added to the fleet serving government employees. This follows Cabinet’s approval for the award of a contract to Magna Motors Dealership Limited for the supply and delivery of three 50-seater buses for the Government Employees Transportation Service (GETS) fleet. Minister without Portfolio with responsibility for […]


Gov’t Allocates $38M For Petrojam Forensic Audit

Jamaica News: The Government has allocated $38 million to fund a forensic audit of oil losses at State refinery Petrojam. This was disclosed by Minister of Finance and the Public Service, Dr the Hon. Nigel Clarke, as he opened the debate on the First 2019/20 Supplementary Estimates in the House of Representatives on October 8. […]


Joint Select Committee To Review Customs Act

Jamaica News: The House of Representatives on Tuesday (October 9), named members from that chamber who will be part of a Joint Select Committee of Parliament to review the Customs Act 2019. Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, who will sit on the committee, said he will be joined […]


ICT Authority Transition Team To Begin Work November

Jamaica News: The transition team navigating the establishment of the new Information and Communications Technology (ICT) Authority will begin its work in November. Minister of Science, Energy and Technology, Hon. Fayval Williams, made the disclosure during a press briefing hosted by the Ministry at Eden Gardens Wellness Resort and Spa in St. Andrew on Tuesday […]

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Revenue Up For April To July

Jamaica News: For the first four months of fiscal year 2019/20 (April to July), Government revenue and grant inflows totalled just over $202 billion. This is two per cent higher than budgeted and 8.9 per cent more than the corresponding period last year, according to the 2019/20 Fiscal Policy Paper Interim Report for September 2019, […]


CAP Established At Centre For The Deaf

Jamaica News: Students of the Caribbean Christian Centre for the Deaf (CCCD) now have the benefit of a community access point (CAP), with the provision of Internet and other computer-related services. The commissioning of the CAP was held at the school’s Cassia Park Road address in Kingston, on Tuesday (October 8). It was developed by […]


Jamaica Has Enhanced Its Standing With International Lending Agencies

Jamaica News: Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, says Jamaica’s ability to be fiscally responsible has greatly enhanced its standing with international lending agencies. He noted that this is further amplified by the country having successfully completed two back-to-back reform programmes with the International Monetary Fund (IMF). “The results…speak […]

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Garvey Maceo Gets J$1m Technology Boost from Jamalco

Halse Hall, Clarendon– Students at Garvey Maceo High School are set to benefit from 10 desktop computers that were donated by Jamalco. The computers, which are valued at some J$1.1m, were officially handed over at a ceremony that was held at the institution recently. Principal of the institution, Erica Ewbanks explained that the computers will […]


Jamaicans Encouraged To Protect Their Data

Jamaica News: As Jamaica joins a number of other countries around the world in observing Cybersecurity Awareness Month, Minister of Science, Energy and Technology, Hon. Fayval Williams, is calling on Jamaicans to become more aware of cyberthreats and to take the necessary steps to safeguard their data. Speaking at the DESCON 2019 Security and Encryption […]


Jamaicans Will Soon Be Able To Own Shares In Trans-Jamaica Highway

Jamaica News: Members of the public will soon be able to purchase shares in Trans-Jamaican Highway Limited (TJH), which owns and operates the country’s toll-road network. Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, said the Government, through State entity the National Road Operating and Constructing Company (NROCC), has an agreement […]

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