As has been the practice for some decades by successive government administrations, development funding is sought from overseas rather than creating sufficient local economic traction to enable us to build those things that reflect our achievements and aspirations. The country ends up selling off its resources and placing the
s outlined in the National Financial Inclusion Strategy (NFIS), Jamaica has the highest proportion of formally banked adults among middle-income countries in Latin America and the Caribbean (LAC), but relatively low rates of account use compared to their regional counterparts. Savings in the formal sector and pension penetration is
Brian Wynter, governor of the Bank of Jamaica Giving itself a mere three years to achieve its target of almost 100 per cent financial inclusion in Jamaica, the government on Wednesday launched its National Financial Inclusion Strategy (NFIS). Included are the goals to increase education around personal finance management, increase
Shaw: Where persons may have some difficulties in adjusting to the new rates, there are established mechanisms to assess the burden and provide some relief. The Finance Minister Audley Shaw has again sought to defend the adjustments in the property tax structure saying mechanisms are in place for people
SHENYANG, China — Bags of Huishan milk sit on a shelf in a grocery store in Shenyang in northeastern China’s Liaoning province. China Huishan Dairy Holdings Co, a Chinese dairy company, whose stock plunged last week, wiping billions off its market value, denied rumours yesterday of forged invoices and misappropriated funds,
Opposition Spokesman on Finance Dr Peter Phillips says the Government should correct what he calls the deficiencies in its proposed public sector pension legislation. The House of Representatives this afternoon continued debate on the related bills. Among other things, it is being proposed that public sector workers contribute five
Prime Minister Andrew Holness is maintaining that the Government has to act now to implement pension reform in the interest of the Jamaica’s financial growth. Holness, speaking in the parliamentary debate on the new pension bills today, stressed that the current pension system is fiscally unsustainable adding that the cost
Novelette Grant ST JAMES, Jamaica (JIS) — Acting Commissioner of Police (ACP), Novelette Grant, is calling on parents to be more attentive to what their children do outside the home. Grant, who was speaking at a community forum on violence at Sandals Royal in Montego Bay on March 22,
Ricardo Nuncio, managing director, Red Stripe (second left), and presenters at the Project Grow Outgrower Programme briefing session — Dr Nickeisha Reid, (left) farm manager, and Dr Cavell Francis-Rhiney, LRM business development manager (second right) —engage in discussion with Ricardo Mallett, a farmer from Clarendon. Mallett was one of 50
Natsima Nutraceuticals team members Lancelot Riley (left), Fiona Bowley, Oshane Solomon, Shanea Wint, and Alston Miller after placing first in the National Business Model Competition last Friday. Northern Caribbean University (NCU) has been crowned winner of the National Business Model Competition (NBMC) and will represent Jamaica at the upcoming International
