KINGSTON, Jamaica — Jamaicans will have to brace for increases in the price of gasoline, alcohol, and motor vehicle licensing as early as next week. Finance Minister Audley Shaw today announced an increase in Special Consumption Tax (SCT) on petrol as well as other tax hikes during the opening
It appears that the Government of Jamaica will not be rolling back the General Consumption Tax (GCT) on group health insurance. Finance Minister Audley Shaw was asked on Monday morning to respond to comments by Richard Byles, Chief Executive Officer of the Sagicor Group, that the tax will result in
Sagicor Group Jamaica's earnings reached a new record at $11.3 billion for year ending December 2016, reflecting synergies from the amalgamation of the banking operations and earnings from other investments. Profit rose 15 per cent, while revenue climbed more than eight per cent to land just shy of $60
KINGSTON, Jamaica — Jamaicans will have to brace for increases in the price of gasoline, alcohol, and motor vehicle licensing as early as next week. Finance Minister Audley Shaw today announced an increase in Special Consumption Tax (SCT) on petrol as well as other tax hikes during the opening
Richard Pandohie reckons that the eight initiatives under the Economic Growth Council’s 5 in 4 plan are lacking focus on Jamaica’s agricultural sector. The chief executive officer of Seprod Ltd who recently announced plans to partner with the Government, private sector and farmers across the island in an effort to
GraceKennedy General Insurance Company Limited (GKGI) will later this year roll out operations in Guyana and Trinidad and Tobago. After cementing insurance operations in Antigua, St Vincent, Dominica, St Lucia, and Turks & Caicos, GK’s Group CEO Don Wehby told the Jamaica Observer that the company is now hoping to
KINGSTON, Jamaica (JIS) — Acting Director of the Caribbean Institute for Health Research at the University of the West Indies Professor Marvin Reid, is reiterating the need for persons to pay close attention to the relationship between nutrition and cancer. Speaking on behalf of the Jamaica Cancer Society (JCS), Professor
The Planning Institute of Jamaica (PIOJ) says there has been a decline in the country's poverty rate. Dr. Wayne Henry, Director General of the PIOJ, on Wednesday released data showing that in 2014, the poverty rate fell by 4.6 percentage points to 20 per cent. It was the first downward
In the last three years, perhaps Jamaicans have come to associate the oversight of the International Monetary Fund (IMF) programme provided by Richard Byles, in his capacity of co-chairman of the Economic Programme Oversight Committee (EPOC), as a natural extension of his business acumen. In that role, he undoubtedly provided
IDB President Luis Alberto Moreno greets Minister of State in the Ministry of Finance and Planning Faval Williams as she arrives at the Bank’s Headquarters on Tuesday for bilateral talks. Looking on from left is Jamaica’s IDB representative Arthur Williams and IDB’s Executive Director for the Caribbean Jerry Butler. (Photo:
