Opposition spokesman on Finance Mark Golding has ridiculed the Government’s $14-billion stimulus package, charging that it provides incentives mainly for the rich, but nothing for the “vast majority” of Jamaicans in inner-city communities scattered across several constituencies, including the one represented by Prime Minister Andrew Holness. Further, Golding mocked the
The Jamaica Customs Agency said it is on track to roll out the electronic single-window system for trade in 2021. The system, which is currently being worked on by customs and border regulatory agencies, will facilitate the submission on one platform of all documentation relating to trade. "We understand, we have listened and
Jamaican Olympic gold medallist and the world’s fastest man, Usain Bolt, was today announced as the global spokesperson for scooter company Bolt Mobility. Bolt Mobility today announced the national launch of its hi-tech, consumer-focused personal electric scooters at a news conference on the steps of New York City Hall in New York. Bolt Mobility
Opposition Spokesman on Finance Mark Golding says the government could have given an additional $16 billion in tax breaks that would benefit "ordinary consumers" without reducing revenues in real terms. As an example, Golding says general consumption tax (GCT) could have been reduced from 16.5 per cent to return $16 billion
London, United Kingdom (AFP) —The British pound see-sawed Monday as traders jockeyed for position on the eve of another critical parliamentary vote for Prime Minister Theresa May. The UK currency kicked off the trading cycle in Asia by tanking to its lowest level since February 19 at $1.2949, but then
CHIEF Justice Bryan Sykes has committed to instituting measures to further improve service delivery across the judicial system. Among these, he says, are steps to ensure the delivery of outstanding judgements in the Supreme Court by December 31, 2019. Justice Sykes said that as of 2020, a judgement should be
Winston Lawson, the president of the Montego Bay Chamber of Commerce and Industry (MBCCI), wants a swift update on plans to install some 300 new security cameras in St James under the JamaicaEye initiative. The call comes against the background of a resurgence in violent crimes in the parish following
Caribbean Airlines (CAL) says the cost of repairing its aircraft which was damaged last week at Piarco International Airport in Trinidad will be covered by insurance. The cost is still being assessed. The plane was being operated by a licensed aircraft engineer. Preliminary reports indicate that soon after the aircraft
THE National Housing Trust (NHT) will undertake 8,640 housing starts for fiscal year 2019/20, exceeding the total number of housing for the three-year period 2012-2015 combined. The data was revealed by Finance Minister Nigel Clarke who opened the budget debate in Parliament on Thursday. Toward this objective, NHT plans to
The microfinancing bill that will bring small lenders under the regulatory umbrella of the Bank of Jamaica has been tabled in Parliament by Minister of Finance Dr Nigel Clarke, who says it’s meant to bring order to the market and constrain the predatory lending practices employed by some. The legislation
