(Jamaica Gleaner) Investment promotions agency, JAMPRO, has announced the signing of a memorandum of understanding with American Global MD (AGMD) for the country’s first ‘five-star’ medical tourism facility valued at US$170 million. John Marcocchio, the local project manager and di...

KINGSTON, Jamaica, Gleaner - AMID THE hue and cry from sections of the society in response to a $16-billion tax package passed by Parliament this week, Finance Minister Dr Peter Phillips has urged Jamaicans to be guided by the country's economic reality as well as the global financial climate. "...

KINGSTON, Jamaica, Gleaner - STAKEHOLDERS IN western Jamaica say Government must now provide the nation with a comprehensive growth package to complement the measures announced by Prime Minister Portia Simpson and her finance minister, Dr Peter Phillips, earlier this week. In a broadcast to the nati...

KINGSTON, Jamaica, Observer - THE Opposition Jamaica Labour Party (JLP) has chided the International Monetary Fund (IMF) for supporting what it described as the Government's 'scandalous raid' on the National Housing Trust (NHT) for $11 billion annually to fund the country's debt, as ...

KINGSTON, Jamaica, Gleaner - Visitor arrivals by air and sea hit a record 3.3 million in 2012, up 7.4 per cent year-on-year, according to newly released tourism data. Arrivals in 2011 amounted to 3.07 million. Tourist visits also hit the three million mark in 2006. The bulk of last year's increa...

KINGSTON, Jamaica, Observer - MINISTER of Agriculture and Fisheries Roger Clarke this week announced a $45-million crop production programme as part of the Government's drought-mitigation initiative for the sector. The programme, he said, will provide for the establishment of 645 hectares of sel...

KINGSTON, Jamaica, Observer- IT'S heavy — this $16 billion in new taxes being imposed on us by the Government. There is no doubt either that it will hurt most Jamaicans. After all, many of us, particularly PAYE workers, are already overtaxed. The fact, though, is that the Government has li...

KINGSTON Jamaica, Observer - COFFEE and tea products maker Salada Foods is eyeing Africa. "We are looking at the African market as another area of potential growth for us," said Julian Rodney, Salada's general manager. "Salada has no presence there." With a particular focus on West Africa, Rodne...

KINGSTON, Jamaica, CMC – Members of the opposition Jamaica Labour Party (JLP) walked out of Parliament during the debate on a J$15.9-billion (One Jamaica dollar = US$0.01 cents) tax package presented by government, less than 24 hours after it asked nationals to support stringent measures in or...

KINGSTON, Jamaica, CMC – The International Monetary Fund (IMF) Tuesday said it would continue to work “assiduously” with the Jamaican authorities” on an economic programme that would help address the challenges caused by high debt and low growth. “Over the last three de...