Positive Feedback on Economy from

Private Sector Leaders

By Douglas McIntosh – January 23, 2015


Finance and Planning Minister, Dr. the Hon Peter Phillips (2nd left), is assisted by President and Chief Executive Officer of Scotia Group Jamaica Limited, Jacqueline Sharp (2nd right), in unveiling a commemorative plaque to mark the formal opening of the bank’s Fairview Financial Centre in Montego Bay, recently. Sharing the moment are: Mayor of Montego Bay, Councillor Glendon Harris (left); and Scotia Group’s Senior Vice President for English Caribbean International Banking, Bruce Bowen. – Photo by: JIS Photographer

The Government’s implementation of the economic reform programme continues to generate positive feedback from the private sector.

This response has amplified in the wake of reported improvements in business and consumer confidence for the October to December 2014 quarter.

Details of recent surveys show that the business confidence index rose to 122.9 points for the period, up from 112.1 in the July to September quarter of 2014, and well above the 98.2 recorded in the October to December quarter of 2013.

Further, that consumer confidence rose during the October to December 2014 quarter to 110 points, the highest level since the corresponding period in 2012.

Commenting on the findings, Private Sector Organization of Jamaica (PSOJ) President, William Mahfood, tells JIS News that the figures reflect continued laying of the groundwork for growth by the Government. This, he points out, through legislative and structural engagements.

Consequent on these, Mr. Mahfood says “there is stability in terms of interest rates; we have a little more stability in terms of foreign exchange movement, as well as tax policy measures (undertaken) over the last year and a half.”

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This article was taken from the Jamaica Information Service Website – http://jis.gov.jm/

Jamaicans Urged to Adhere to

Guidelines on Use of National Symbols

By Athaliah Reynolds-Baker – July 31, 2014

Lilyclaire Bellamy

Executive Director (Acting) and Legal Counsel of the Jamaica Intellectual Property Office (JIPO), Lilyclaire Bellamy, makes a point during an interview at the JIPO offices in New Kingston July 28. – Photo by: JIS Photographer

It is two days before Emancipation Day and eight days until Independence, and Jamaican flags are adorning cars, homes and business places in a show of patriotism and celebration of nationhood.

Other national emblems and symbols are often used as part of the various ceremonies and festivities held during the annual ‘Emancipendence’ period.

While this practice is encouraged, citizens are being reminded to adhere to the guidelines and rules governing the appropriate use of the country’s seven national symbols and emblems.

This article was taken from the Jamaica Information Service Website – http://jis.gov.jm/
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Charities Must Register to Benefit from 

Tax Exemptions

By Latonya Linton – November 29, 2013.

Charitable organisations that wish to benefit from tax exemptions or other statutory relief must register with the relevant authority in order to access such benefit.
This was stated by Minister of Justice, Senator the Hon. Senator Mark Golding, in the Senate on Thursday, November 28, in response to a comment by Opposition Senator, Alexander Williams, during debate on the Charities Act 2013. The Bill, which was passed, provides for the regulation of all charitable bodies intending to, or are already operating in Jamaica.
A key part of the Extended Fund Facility between Jamaica and the International Monetary Fund (IMF), the legislation makes provision for the establishment of a comprehensive legal and institutional framework and will facilitate the registration, regulation, administration and governance of the private voluntary sector operating in Jamaica.

This article was taken from the Jamaica Information Service Website – http://jis.gov.jm/
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Some historical and relaxing places to visit while in Jamaica.

The Love of the Island - Jamaica