KINGSTON, Jamaica - As much as we are inclined to commend the Government for the Budget it tabled in Parliament last week, we will reserve comment until the finance minister, Peter Phillips, presents the rest of his funding programme, including the allocations for the multilateral financial institut...

KINGSTON, Jamaica - JAMAICA has signed a Bilateral Investment Treaty (BIT) with Kuwait that will encourage and guide future investments into the Caribbean country. The agreement, signed by Anthony Hylton, Jamaican Minister of Industry, Investment and Commerce, and Kuwaiti Minister of Finance Mustaf...

KINGSTON, Jamaica - IT'S now more than six weeks since it became public knowledge for the governments and people of our Caribbean Community that the secretary general of the United Nations, Ban Ki-Moon, had conveyed the very shocking decision to the president of Haiti, Michel Martelly, of the wo...

KINGSTON, Jamaica- IN 1978 Mr Lee Iacocca joined Chrysler as president and chief operating officer for the princely salary of US$1 a year. At the time, Mr Iacocca was by no means a poor man, having done well for himself at Ford Motor Company from which he was fired by Mr Henry Ford II. But Mr Iacoc...

KINGSTON, Jamaica - When we consider the state of many of the economics in the Eurozone and especially the recent near meltdown in Cyprus at the end of last month, many do contend that politicians are not at all economic managers. Some would insist that politicians - in Europe, the Caribbean and par...

KINGSTON, Jamaica, CMC - Ahead of Thursday’s presentation of the 2013/2013 Budget Debate, a local financial analyst is warning of major challenges on the horizon . With the Budget being tabled against the background of a not yet signed deal with the International Monetary Fund (IMF), financial...

KINGSTON, Jamaica, CMC - The islandwide protest by doctors in the public health sector has stemmed from an impending reclassification exercise to be undertaken during the 2013/2014 financial year. Health Minister, Dr. Fenton Ferguson who made this disclosure in Parliament on Thursday afternoon said...

KINGSTON, Jamaica - Most government ministries and departments will have to survive with less money this fiscal year as Finance Minister Dr Peter Phillips has kept his word and dramatically tightened the Government's spending plans. Phillips yesterday tabled a spending plan for the 2013-2014 fi...

KINGSTON, Jamaica, CMC – Governor General Sir Patrick Allen says the divestment of Public Sector assets and a major infrastructural project will be some of the areas of focus by the Portia Simpson Miller administration in this legislative year. “Through a managed privatisation process, t...

KINGSTON, Jamaica - Jamaicans will know today just how much the Government plans to spend during this fiscal year but already some financial analysts are warning the country to brace for a tight budget. "It is not going to be a budget of goodies," financial analyst Colin Bullock told The Gleaner. ...