The government is projecting that it will spend $803.2 billion to finance the affairs of the country for the new fiscal year. This includes $731.12 billion for recurrent or house-keeping expenses and $72.11 billion for capital expenses. Capital expenses are for new projects like the construction of roads, schools and

INTERNATIONAL Monetary Fund (IMF) representative to Jamaica, Dr Constant Lonkeng Ngouana, says that as Jamaica's debt is reduced, more money will become available to invest for the development of the country. Speaking at a meeting of the Rotary Club of Kingston East and Port Royal at Eden Gardens Wellness and

Local farmers seeking to operate large ganja farms as the country’s push towards developing a medical marijuana industry picks up momentum could find run into a brick wall try to insure their enterprises, according to Peter Levy, president of the Insurance Association of Jamaica. Levy said that as a matter

From left: Peter Levy, BCIC managing director, Davee Williamson, BCIC marketing associate; and Robert Montague, minister of transport and mining, at the BCIC conference In a conference for key stakeholders in the transport sector held at the Jamaica Conference centre on last week, British Caribbean Insurance Company (BCIC) offered 100

Newly tabled pension regulations give fund managers more room to invest in a wider range of foreign assets, but leave unresolved the limits on foreign investments set separately by the Financial Services Commission, FSC, and the Bank of Jamaica, BOJ. FSC guidelines allow for 20 per cent, or four times

A study commissioned by the Development Bank of Jamaica (DBJ) has revealed that Jamaica's micro business sector is now dominated by women with high-school education. The impact study, which was conducted by the University of the West Indies-owned, LUMIN Consulting also showed that more middle-aged women operate their own businesses,

With investors earning on average of 42 per cent return on the capital market since 2013, Managing Director of the Jamaica Stock Exchange, Marlene Street Forrest believes that the decision on whether one should put their money in a savings account or invest in the capital market has been made

Minister of Finance and the Public Service Dr Nigel Clarke (centre) looks a little squirmish as he holds a sea cucumber given to him by Jodi-Ann Burton (right) of the Discovery Bay Marine Lab during a tour of the research village at UWI Mona Research Days yesterday. Dr Clarke was

Prime Minister Andrew Holness (3rd R) officially breaks ground of the new Ocean Coral Spring Hotel in Trelawny. Joining in the moment are Minister of Tourism Edmund Bartlett (3rd L) and (L-R) Gustavo Arroyo, Director of Projects H10 Hotels, Shahine Robinson, Minister of Labour and Social Security, Anotonio Hernandez, Director

PARIS, France (AFP) — The last four years were the hottest since global temperature records began, the UN confirmed Wednesday in an analysis that it said was a "clear sign of continuing long-term climate change." The UN's World Meteorological Organisation said in November that 2018 was set to be the