Category: Business

Jamaica Falls to Its Worst Ranking in Global Tourism Competitiveness Report

Opposition Spokesperson for Tourism, Shahine Robinson, says she’s deeply concerned about Jamaica falling to its worst ever ranking in the Global Travel and Tourism...

WIGUT Wants Gov’t to Re-Negotiate Primary Surplus Under IMF to 5.5%

The West Indies Group of University Teachers, WIGUT, is recommending that the government renegotiate the IMF programme’s primary surplus target of 7-point-5...

IMF Rep: Light at the end of Tunnel for Jamaica

IMF country representative to Jamaica, Bert van Selm says there’s light at the end of the tunnel for Jamaica which is currently in the middle of a tough extended...

Jamaica Passes 8th IMF Test

Jamaica has passed its eighth IMF, test! That’s according to the new IMF Head of Mission to Jamaica, Ms. Uma Ramakrishnan. But Ms. Ramakrishnan says the country...

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...