KINGSTON, Jamaica March 31, 2021 - Despite repeated warnings from Opposition Leader Mark Golding that sweeping powers being given to the Prime Minister to create offences, which could lead to criminal penalties appearing on a person's criminal record, under the Amendments to the Disaster Risk Management Act, the government dismissed the Opposition concerns and used its majority on Tuesday evening to pass the amendments to the statute.
PORT-OF-SPAIN, Trinidad and Tobago - Caribbean Airlines has recorded an operating loss of US$109.2m in the financial year ending December 2020 as a result of the COVID-19 global pandemic on revenue earnings of US$118.6m before Interest &Taxes.
KINGSTON, August 13, 2022 - The Government of Jamaica (GOJ), through the Development Bank of Jamaica (DBJ), has launched the Entertainment and Transport Sector Loans that will allow participants earning less than $15 million to borrow at rates as low as three (3) per cent. This announcement was made during a ceremony on Thursday, August 11, 2022, at the AC Hotel by Marriott in Kingston.
CENTRE FOR PUBLIC INTEGRITY, Washington DC, April 15, 2022 - President Joe Biden recently proposed a new “Billionaire Minimum Income Tax” that would raise taxes on the wealthiest Americans.
KINGSTON, Jamaica. April 8, 2022 - Access to, and use of financial services will be made easier with the use of the digital payment wallet, Lynk, which is the platform used to facilitate transactions of the Bank of Jamaica’s Central Bank Digital Currency (CBDC).
KINGSTON, January 14, 2022 - Prime Minister Andrew Holness has told Bloomberg, that he expects more than 70% of the Jamaican population will be using the country’s CBDC digital currency within five years.
KINGSTON, November 22, 2021 - The Bank of Jamaica (BOJ) is slated to commence national rollout of the Central Bank Digital Currency (CBDC) platform during the first quarter of 2022.
KINGSTON, Jamaica, July 24, 2021 - The Government of Jamaica (GOJ) created history, on Friday July 23, with the successful completion of a catastrophe bond (CAT bond) issuance through the World Bank (International Bank for Reconstruction and Development (IBRD)) that secured US$185.0 million in financial protection against major hurricanes.
KINGSTON, May 14, 2021 - The Government is looking to enter into suitable public-private partnerships to increase coconut production.
BRIDGETOWN, Barbados, May 13, 2021 - Barbados' Attorney General and Minister of Legal Affairs Dale marshall, says The recent action by the Government of the United Kingdom in listing Barbados as a High-Risk Third Country with respect to money laundering and the financing of terrorism is unfortunate and disappointing, but not surprising.