KINGSTON, Jamaica, Gleaner - Monday's International Monetary Fund (IMF) statement on Jamaica reads: "Fund management will submit to its Executive Board a 48-month arrangement under the Extended Fund Facility in the amount of SDR 615 million (about US$958 million, or 225 per cent of quota), with ...

KINGSTON, Jamaica, Observer - THE anticipated approval of the IMF deal by their executive board, announced on Monday, will give Jamaica some welcome breathing space but it is absolutely no panacea to our deep-rooted economic problems. In this context, the call of the three private sector leaders of ...

KINGSTON, Jamaica, Gleaner - Despite the loss in value of the Jamaican currency relative to the United States dollar, two academics and a businessman have suggested that it provides opportunities to spur economic growth. "If the Jamaican currency is becoming cheaper, then it presents a great oppor...

KINGSTON, Jamaica, Observer - JAMAICANS continued paying tribute yesterday to cultural icon Dr Olive Lewin who died in the University Hospital of the West Indies Wednesday night. Lewin, founder of the Jamaican Folk Singers, was ailing for some years. She was 85. Yesterday, Prime Minister Portia S...

KINGSTON, Jamaica, Gleaner - GRAND Turk, the capital of the Turks and Caicos Islands (TCI), is the latest city to invite Gordon 'Butch' Stewart to establish his Sandals/Beaches resorts there in hopes of stimulating tourism growth. The call was made by the president of the Providenciales Cha...

KINGSTON, Jamaica, CMC- Dr. Olive Lewin the well known Jamaican musicologist, folklorist and founder of the Jamaican Folk Singers is dead. Lewin, 85, who died on Wednesday, dedicated her life to keeping the nation’s traditional songs alive by researching, collecting and recording anthologies...

KINGSTON, Jamaica, Gleaner - The Business Processing Industry Association of Jamaica (BPIAJ) is among several interest groups scheduled to meet with tax administrators at the Ministry of Finance and Planning today to discuss the likely impact the removal of tax incentives could have on their members...

KINGSTON, Jamaica, Gleaner - Some $15 million has been set aside in the 2013-14 Estimates of Expenditure, now before the House of Representatives, to improve the competitiveness of small and medium-size hotels through the use of renewable energy. The Caribbean Hotel Energy and Action Project is a ...

KINGSTON, Jamaica, Gleaner - THE GOVERNMENT is beginning to get its critical economic pieces in their place. Last week, Finance Minister Dr Peter Phillips tabled an expenditure budget that, taking into the account the effects of inflation, projects spending at more than a fifth less than the previou...

KINGSTON, Jamaica, Observer - OPPOSITION Leader Andrew Holness has warned Jamaicans to be cautiously optimistic as news emerges that an agreement with the International Monetary Fund (IMF) nears. Holness said yesterday that while the IMF agreement is likely to be approved by the end of April, the se...