KINGSTON, Jamaica, CMC – The Jamaica government says it is committed to the elimination of all forms of child labour in the country. “Our determination in this goal is unshakable and we will remain engaged with the International Labour Organisation (ILO), the European Union, and other international and local partners in this endeavour,” said Labour and Social Security Minister Derrick Kellier.
KINGSTON, Jamaica - JAMAICA and other Caribbean countries are to benefit from three new investments from Canada aimed at increasing private sector-led development and alleviating poverty in developing countries The announcement was made by Canada's Minister of International Cooperation Julian Fantino Tuesday during an address to the 19th annual Conférence de Montréal in Quebec. He said Canada is providing further support to help developing countries attract the investment they need to achieve sustainable economic growth
KINGSTON, Jamaica - Dr Gene Leon, the International Monetary Fund (IMF) senior resident representative to Jamaica, is arguing that discussions on whether Jamaica should go the way of a fixed exchange rate is misplaced. Leon, along with economists Dr Damieon King and Dr André Haughton, who were guests at a Gleaner Editors' Forum yesterday, said Jamaica needs to focus on fixing the fundamentals of its economy, rather than being concerned with the value of the Jamaican dollar.
KINGSTON, Jamaica - The International Monetary Fund's (IMF) outgoing senior resident representative in Jamaica, Dr Gene Leon, has warned that whether the country can claw its way from under the mountain of debt it now faces will depend on the policies that are put in place. Leon, who was speaking at a Gleaner Editors' Forum at the newspaper's central Kingston offices yesterday, said "wishing away" the debt stock was not an option, as that would still not solve the problem.
KINGSTON, Jamaica, CMC – Prime Minister Portia Simpson Miller left here Tuesday “for a short vacation,” according to an official statement. It gave no details except to say that “she will return to the island on Saturday, June 15” The brief statement said that Transport, Works and Housing Minister Dr. Omar Davies will be in charge of the government during her absence. (Entire article)
KINGSTON, Jamaica - As Caribbean governments seek new investors, the Chinese are urging them to capitalise on a business development and investment promotion trip to China coming up this fall. The offer, which was made at the Avalon Invest Caribbean Now Forum last Wednesday in New York comes days after China's president, Xi Jinping offered concessionary loans to nine Caribbean countries totalling US$3 billion.
KINGSTON, Jamaica - A.J. Nicholson might have engaged his mouth rather too loosely on this occasion. We, however, have some appreciation of, and sympathy with, his exasperation with some business and political leaders over their approach to alleged abuse of the Caribbean Community's (CARICOM) trade regime by some of our regional partners. Or, as Mr Nicholson put it in the Senate last week, their "belly-aching" over their claimed misbehaviour by Trinidad and Tobago to give it a near US$1-billion trade surplus with Jamaica. Added Mr Nicholson: "Stop quarrelling with Trinidad.
KINGSTON, Jamaica - SINCE the present government was ushered into power in the election of 2011 there has been a great deal of hope that an International Monetary Fund agreement was necessary to put the economy on a sustained path for growth. A view I hold to be misguided — despite the importance of the programme. Of most importance is our own growth agenda.
KINGSTON, Jamaica - Dr Peter Phillips must be under tremendous pressure from his Cabinet colleagues over the slide of the Jamaican dollar in relation to the greenback, now at J$100:US$1.
But Dr Phillips and the central bank governor, Mr Brian Wynter, must hold their nerve. In fact, Dr Phillips has pushed back hard, telling his colleagues to accelerate and begin to deliver on projects to stabilise the economy.
KINGSTON, Jamaica - A member of the diaspora in Canada has said that it is time Jamaica engage Canada in the discussions aimed at eking out an alternative energy solution to solve the local energy crisis.
Addressing a Gleaner Editors' Forum at the newspaper's North Street, Central Kingston offices yesterday, Howard Shearer who is the chairman of Hitachi Canada, said he recognised that one of the greatest issues with the business continuity in Jamaica "is the energy question".