PSOJ warns of massive job losses

KINGSTON, Jamaica - THE Private Sector Organisation of Jamaica (PSOJ) is calling on the Government to immediately review and make changes to aspects of its new tax regime, which it said could do more harm than good to the economy. "The PSOJ is urging the Government to immediately review and change i...
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EDITORIAL - Poor economics, sovereign impotence

KINGSTON, Jamaica - Peter Phillips' public admission twice last week - of sovereign impotence in negotiating an economic support agreement with the International Monetary Fund (IMF) - should be powerful motivation for us to finally fix Jamaica's economy. Further, the shame of the circumstanc...
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Private sector urged to invest in new global trans-shipment project

KINGSTON, Jamaica, CMC – The Jamaica government is urging the private sector to support the initiative to develop the country’s global trans-shipment and logistics hub by taking advantage of the potential investment opportunities it provides. Industry, Investment and Commerce Minister, A...
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‘Not at risk’

BRIDGETOWN, Barbados - There is too much misinformation regarding the CLICO issue going across the country, said Prime Minister Freundel Stuart as he sought to debunk the myths. Speaking at Paragon in St. Michael South, Prime Minister Stuart said that the CLICO issue has been wrapped in myths by the...
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LIAT at the crossroads again

ST. JOHN’S, Antigua - Four weeks ago Minister of Tourism John Maginley sounded a positive note in announcing new aircraft leases for our embattled airline, LIAT. Our headline writers were positively euphoric in declaring “LIAT’s flying high again – Tourism Boss”. As enc...
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Prime Minister Gonsalves says he was accosted by BBC journalists

KINGSTOWN, St. Vincent, CMC – Prime Minister Dr. Ralph Gonsalves has accused two journalists with the British Broadcasting Corporation ( BBC) of accosting him Sunday on an airplane in Barbados and has said that he will write to the London-based media house to complain about the incident. &ldqu...
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The IMF, VW advert; CSME and the private sector

KINGSTON, Jamaica - The jury is still out about our Jamaican psyche. Yes, we are fun people but are we builders of civilisation, spectators or players, minstrels or masters? Are we in charge of our fate, or zombies? This IMF thing has unleashed a spirit of fear and some desperation. We seem beholden...
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Crime, airlift challenges for Caribbean tourism

PORT OF SPAIN, Trinidad - Tourism, a mainstay for the majority of Caribbean economies for their foreign exchange and jobs, continues to be hit by major challenges, prompting the industry to issue an urgent call on governments to convene a summit by June to tackle key issues and ensure its long-term ...
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Election ‘cliffs’ facing Barbados and Grenada

KINGSTON, Jamaica - THIS week, as Jamaicans brace themselves for severe belt-tightening because of the accord to be signed between the Government and the IMF, two incumbent parties in the Eastern Caribbean will be struggling to avoid becoming one-term administrations. The governments facing this sur...
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