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jamaica-country

Finance Minister leads delegation to Europe for talks

KINGSTON, Jamaica, CMC – Finance Minister Dr. Peter Phillips is leading a delegation to Europe for talks with officials from a financial institutions, according to an official statement released here.
It said that the talks are intended to apprise agents in the international capital markets of developments on the government’s economic reform programme and the growth agenda.
Information Minister Sandrea Falconer said the meetings will involve, primarily, representatives from investment banks, pension funds and insurance companies.

JMA to AJ Nicholson: ‘Step aside, minister’

KINGSTON, Jamaica - THE Jamaica Manufacturers' Association (JMA) yesterday told Foreign Affairs and Foreign Trade Minister AJ Nicholson to step aside or start singing a different tune on the trade dispute between Jamaica and Trinidad and Tobago.

The ongoing trade deficit problem for T&T and Jamaica

BRIDGETOWN, Barbados - THE RECURRING challenges of a widening trade deficit for Jamaica with Trinidad and Tobago featured again in the Jamaican senate last Friday but climaxed with an understanding to pursue a non-confrontational strategy for reversal of this lingering negative trend.
For all their often feisty political quarrels, both government and opposition senators joined forces to echo dissatisfaction over the very significant trade balance, which currently stands at some BDS$2 billion in Trinidad and Tobago’s favour.

Jamaica, China Dreaming Together

KINGSTON, Jamaica - The Chinese people have always had the dream of the Great Harmony of all and longed for a beautiful society with noble virtue, material plenty, equality and equity. Recently, Chinese President Xi Jinping promoted the idea of a Chinese dream, which would spur the rejuvenation of the nation. It centred on the country's prosperity and people's happiness. The Chinese government has eyed two goals. One is that when the Communist Party of China celebrates its 100th anniversary (2021), China will be a moderately prosperous society.

Chinese eggs waiting to be hatched

KINGSTON, Jamaica - FROM the Government of China's point of view, the visit of President Xi Jinping to Trinidad to meet nine Caribbean Heads of Government was a great success.
Each of the nine leaders made statements after individual short meetings with President Xi, praising China for the loans and assistance being given to their countries individually.

Health Minister Puts Fast-Food Tax On The Table - Gov’t Facilitates Consultation On Hospital User-Fe

KINGSTON, Jamaica - THE GOVERNMENT is considering several measures, among them the imposition of a levy on fast foods, to fund health care on the island. Health Minister Dr Fenton Ferguson, who will today head to the Carter Hall, Holy Cross Church, in Half-Way Tree, St Andrew, for the second in a series of consultations on user fees in public health facilities, said the proposal to impose a tax on fast foods is among several that are being considered.

IMF was wrong on Greece, what about us?

KINGSTON, Jamaica - It is generally accepted that for small developing countries, like Jamaica, who are in severe economic difficulties, there are few, if any, alternatives to the policy stipulations of the International Monetary Fund (IMF).
Even traditional political allies such as America, Britain and Canada will not provide certain critical financial assistance without the IMF's vaunted seal of approval.

AJ, Know Your Role - Private Sector Fires Back At Nicholson After ‘Trade Bickering’ Comments

KINGSTON, Jamaica - Calls from Foreign Trade Minister A.J. Nicholson for the parliamentary Opposition and other critics to end the bickering with Trinidad and Tobago over claims of unfair trade practices have not gone down well with members of the local manufacturing sector.
Yesterday, Christopher Zacca, president of the Private Sector Organisation of Jamaica (PSOJ), said he was "concerned by the tone of the senator's comment" during a sitting of the Upper House last Friday, and argued that Nicholson needed to take note of which country he has been called to represent.

CARICOM’s ‘survival’ challenges

KINGSTON, Jamaica - THE first in a series of planned consultations, across this region, for the introduction of a Five-Year Strategic Plan for CARICOM had a low-profile start in Barbados last Wednesday. First official news on the beginning of the consultative process came from the Georgetown-based Community Secretariat and, at best, media coverage was quite patchy or, worse, absent.

Is CARICOM A Necessity?

KINGSTON, Jamaica - The relationship of Jamaica with its Caribbean neighbours in a regional organisation was first publicly discussed at a conference in Montego Bay in 1947, called by the British secretary of state, Arthur Creech Jones, to discuss the question of regional political integration.
From this opening discussion, 11 years later, the West Indies Federation was born, comprising 10 English-speaking countries, none independent. All were seeking independence through the federal structure.