//April

Lee Chin heads Economic Growth Council

By |2016-04-28T17:41:12+00:00April 28th, 2016|news|

Wednesday, April 27, 2016 Michael Lee Chin Chairman of the National Commercial Bank Michael Lee Chin has been appointed chairman of the Economic Growth Council. The official appointment will be announced at the Office of the Prime Minister today. Lee-Chin is a Jamaican business magnate, investor, and philanthropist. He is the founder and chairman of [...]

Herzog set to resuscitate 207 km of Jamaican rail

By |2018-08-17T06:55:20+00:00April 26th, 2016|news|

A reconditioned passenger train as seen in April 2011. The Jamaican Government received a revised plan from United States-based Herzog International last December to rehabilitate nearly two-thirds of Jamaica's rail network with an initial service targeted for this year end. The consideration is to launch the service with the downtown Kingston to Linstead leg. "The [...]

Insurance Association of Jamaica (IAJ) gives a boost to the Road Safety effort

By |2018-08-17T06:55:21+00:00April 26th, 2016|Road Safety|

The IAJ today announced that it would be sponsoring workshops to train motor cyclists to ride their bikes properly.  The seminars dubbed “Back to Basics” to be conducted by Tarik Kiddoe will be held primarily in Westmoreland which has become a major zone for deadly motor cycle crashes.  Mr. Kiddoe also plans to do a [...]

PHOTO: IAJ supports motorcycle workshops

By |2016-04-26T10:56:17+00:00April 26th, 2016|news|

Published:Saturday | April 23, 2016 Jordan Mullings (left) of Learn to Ride Jamaica shows Eric Husin (second left), newly elected president of the Insurance Association of Jamaica (IAJ) and president of Guardian Life, how to fit a motorcycle helmet properly at the IAJ’s Richmond Close, St Andrew, offices. Alphonso Grennell (right), managing director of Grennel’s [...]

A message for Jamaica from Japan and Ecuador

By |2018-08-17T06:55:21+00:00April 26th, 2016|news|

We extend our deepest sympathies to the peoples of Japan and Ecuador whose countries have experienced the devastating effects of powerful earthquakes over the past five days. In the case of Japan, the southern island of Kyushu was struck by a 7.0-magnitude earthquake last Thursday, followed by a 6.2-magnitude tremor the following day, killing at [...]

KPREIT eyes the hotel sector — plans to tap the capital markets again before year end

By |2018-08-17T06:55:21+00:00April 26th, 2016|news|

Sunday, April 17, 2016 The Loft II is a residential skyscraper in the Central Business District of Downtown Miami, Florida, United States. Kevin Richards, new CEO of Kingston Properties Ltd, also known as KPREIT, says the time is right for sustained growth in the real estate market. He has expressed the wish, however, that Jamaica [...]

Jamaica, IMF discussing how to fund $1.5m tax plan

By |2016-04-26T10:22:19+00:00April 26th, 2016|news|

Published:Sunday | April 17, 2016 WASHINGTON, DC: Jamaican government officials were having discussions with the International Monetary Fund (IMF) this weekend about the remaining year of the 48-month economic programme, including how to make the $1.5 million tax threshold plan work without disrupting the agreed reform agenda. IMF Mission Chief to Jamaica, Dr Uma Ramakrish-nan, [...]

Expansion of Expo Jamaica pays off

By |2018-08-17T06:55:21+00:00April 18th, 2016|news|

Monday, April 18, 2016 Leslie Salmon (right) of Food Brokerage Services Limited in Antigua inquires about a product from one of Serge Island’s representatives. WHEN Jamaica Promotions Corporation (JAMPRO) took the decision to expand this year’s staging of Expo Jamaica, Berletta Henlon Forrester, market development manager at the agency with responsibility for the buyer recruitment [...]

It takes a fiscal cushion to do good tax reform — how to finance the $1.5-million tax threshold

By |2016-04-18T11:09:44+00:00April 18th, 2016|news|

Wednesday, April 13, 2016 One of my father’s favourite phrases was that “It takes a fiscal cushion to do good tax reform”. Last Monday was the sixth year since his passing, but in the context of the government’s recent tax proposals, it is again worth revisiting the reasons why the 1980’s tax reform, of which [...]

Do not depend on grants and bauxite levy — Byles

By |2016-04-18T10:50:47+00:00April 18th, 2016|news|

Wednesday, April 13, 2016 BYLES... Jamaica appears to be in a good position to meet the primary balance target Richard Byles, co-chair of the Economic Programme Oversight Committee (EPOC), has expressed the hope that tax inflows during the month of March will help the Government of Jamaica to reach the expected primary surplus target of [...]

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