Kalilah Enriquez

Experts Forecasting ‘Below Normal’ End to Hurricane Season

Forecasters are now predicting that the rest of this year’s hurricane season will be below or near normal. The Meteorological Service of Jamaica says there’s...

Finance Minister Allays JMEA Concerns About Exchange Rate Manipulation

President of the Jamaica Manufacturers and Exporters Association, JMEA, Metry Seaga, says he’s now convinced that the Bank of Jamaica isn’t manipulating the...

BOJ to Inject USD$50m into FX Market

The Bank of Jamaica (BOJ) has announced it will be selling USD$50-million to the market over the next four weeks. The BOJ announced the plans in the latest schedule for...

IMF Defends Position on Higher Inflation

In defence of the IMF’s insistence on a higher inflation rate for the island, the Fund’s Resident Representative to Jamaica, Dr. Constant Lonkeng Ngouana,...

Petrol Tax Rollback a Bad Move, says IMF Rep

IMF Resident Representative to Jamaica, Dr. Constant Lonkeng Ngouana, says rolling back the taxes on petrol would not be a good move at this time. There’ve been...

Finance Minister Dismisses ‘Worthless’ Simpson-Miller Oil Hedge

Finance Minister, Dr. Nigel Clarke, says the oil hedges that the Portia Simpson Miller Administration purchased in 2015 was completely “worthless”. The...

No Petrol Tax Rollback at This Time, Finance Ministry

Finance Minister Dr. Nigel Clarke says the government is not in a position to roll back a portion of the taxes on petrol at this time. Opposition Spokesman on Energy,...

Spike in Summer Demand Driving Gas Price Hike

General Manager of Petrojam, Winston Watson, says high demand for gasoline in the summer months is part of the reason gas prices have gone up recently. Gas prices are at...

Jamaica’s Stubborn Gas Prices Rise Higher

Local petrol prices hit a record high today, with some gas stations selling 90-octane gasoline as high as $180 per litre. This, after Petrojam’s latest increase in...

Phillips Questions ZOSO/SOE Value for Money

The leader of the Opposition People’s National Party, PNP, Dr. Peter Phillips, says the nation is experiencing a crisis in crime. Though in decline, Dr. Phillips...