Business persons who now fall below the new General Consumption Tax (GCT) threshold will have the option to apply to the Commissioner General to be re-registered. This is being facilitated through amendments to the GCT Act, which were approved during Friday's sitting of the Senate. Kamina Johnson Smith, Leader of
Fitch Ratings Agency has affirmed the Government's Long-Term Foreign-Currency Issuer and Local Currency Issuer Default Rating at 'B+' and revised the outlook from stable to positive. Fitch indicated that the revised outlook reflected Jamaica's efforts in maintaining the debt-to-GDP on a downward trajectory and large primary surpluses. In explaining the
IAJ DELEGATION MEETS WITH HONOURABLE NIGEL CLARKE, MINISTER OF FINANCE AND THE PUBLIC SERVICE. On Wednesday, January 29, President of IAJ, Peter Levy and a team from the IAJ met with Honourable Nigel Clarke. Discussions were held regarding the Jamaican insurance industry and the IAJ President presented the Minister with
Important facts about the AVERAGE CLAUSE that should be known and understood. CLICK HERE: AVERAGE CLAUSE EXPLAINED 2020 ADJUSTED JAN20 AT 1PM
Finance and the Public Service Minister Dr Nigel Clarke has indicated that infrastructure spending will be one of the big-ticket items in the upcoming 2020 -2021 national budget, which will be tabled next month. He has identified the south coast highway, linking Harbour View in St Andrew to Port Antonio,
Finance Minister Dr Nigel Clarke has disclosed that the administration has no intention at this time to phase out the assets tax on financial institutions — in spite of cries from securities dealers for this to be done. In his first budget presentation back in April last year, Minister Clarke
An eight-person Jamaican “mini” trade mission is now in Guyana for a five-day series of briefings by public sector entities, as well as business-to-business meetings with private sector leaders there. The Jaamica Chamber of Commerce (JCC) is collaborating with its Guyana counterpart at the Georgetown Chamber of Commerce & Industry
In his recent biography on his life, titled I tried to make a difference, R Danny Williams shows through example the lessons of how to achieve a life well lived with examples from family, friends, business, charity and even politics. Some of his lessons on leadership, and its key underlying
As the country continues to outperform global stock market trends, new calls are now emerging for the creation of a micro stock exchange following on the success of the junior market — which has grown significantly within the last year. Minister of Industry, Commerce, Agriculture & Fisheries Audley Shaw, while
The local stock market is expected to remain bullish for 2020, particularly given the $89 billion in bonds that will be maturing by October this year. That's the word from Jamaica Money Market Brokers (JMMB) investment experts Peter Thompson and Greig Lindo, who say “there remains some juice in the
