Category: Business

Customs Exceeds Revenue Collection Target

Jamaica Customs Agency says it has surpassed its target for revenue collections in April, the first month of the new fiscal year. The agency says it exceeded the...

Private Sector Groups Wants Gov’t to Review 10% CET on Petroleum Products

Local businesses and manufacturers are calling on the government to review the 10-percent Common External Tariff, CET, imposed on imported petroleum products. According...

Gov’t Missed IMF Target; Shaw Questions 2015/16 Budget Credibility

Opposition Spokesman on Finance, Audley Shaw, is questioning the credibility of the 2015-2016 fiscal budget, in light of revelation that the government missed several...

Jamaica Seeks to Deepen Trade, Financial & Investment Relations with Canada

Finance Minister, Dr. Peter Phillips leads a Jamaican delegation to Canada today to advance the trade, financial and investment relationship between the two countries....

IMF Team Arrives in Jamaica for 8th Review

An IMF team is currently in the island to conduct the eighth review of Jamaica’s performance under the four year Extended Fund Facility, EFF. The team began its work...

Metry Seaga Happy: JMA Added the Most Jobs Last Year

Deputy President of the Jamaica Manufacturers’ Association, JMA, Metry Seaga, is welcoming news that the sector added the most jobs between January last year and...

JCC Calls on Phillips to Negotiate A Lower Primary Surplus Target with IMF

The Jamaica Chamber of Commerce, JCC, is calling on Finance Minister, Dr. Peter Phillips, to negotiate a lower primary surplus target with the International Monetary...

January 2015 Unemployment Rate Higher Than January 2014

The unemployment rate in January this year was higher than in January last year. That’s according to the Statistical Institute of Jamaica, STATIN. STATIN says...

Williams Wants Consistent Measure to Track Jamaica’s Debt

Opposition Deputy Spokesperson on Finance, Fayval Williams, is demanding the government to use a consistent measure of the country’s debt so Jamaicans can track...

NCB Records $5.4B in Profits Last Year – 3% Decline in Year to Year Comparison

National Commercial Bank (NCB), recorded a net profit of 5-point-4 billion dollars for the first six months of its current financial year which ends in September. This...