Economic Development

Tourism Enhancement Fund Aids Small Businesses

Release Date: 
Tuesday, February 16, 2010

KINGSTON (JIS):
Tuesday, February 16, 2010

Small business owners in the tourism sector have been keeping their businesses afloat through financial assistance from the Tourism Enhancement Fund (TEF).

Proprietor of Bubbling Springs in Middle Quarters, St Elizabeth, Lincoln Fagan, says the loan saved his property. After starting his business in 2000, Mr. Fagan confesses that it was rough getting things off the ground.

Examining past IMF relationships as Jamaica's deal nears

Release Date: 
Wednesday, February 3, 2010

SSL in the Money
Shari DaCosta
Wednesday, February 03, 2010

THE International Monetary Fund's (IMF) Executive Board is scheduled to meet tomorrow to make a final decision on the US$1.25-billion Stand-By Arrangement (SBA) being sought by the Government of Jamaica (GOJ).

While there are clearly numerous factors contributing to the performance of economies internationally, some of the restructuring and targets, either required or supported by multilateral institutions, including the IMF, helped to bring forth improvements.

0.5 Per Cent Rise in GDP Next Financial Year

Release Date: 
Saturday, January 23, 2010

KINGSTON (JIS):
Saturday, January 23, 2010

Finance and Planning Minister, Hon. Audley Shaw, said that after registering a decline during this fiscal year, real Gross Domestic Product (GDP) is expected to rise by 0.5 per cent in the next financial year.

Prime Minister Golding Emphasises Importance of Good Customer Service

Release Date: 
Sunday, December 13, 2009

MONTEGO BAY (JIS):
Sunday, December 13, 2009


Courtesy of Jamaica Information Service

Prime Minister, the Hon. Bruce Golding, has underscored the importance of good customer service within the public service, adding that the recently established Public Sector Transformation Unit will be paying keen attention to this area.

Poverty a Major Contributor to Environmental Degradation - PM

Release Date: 
Wednesday, December 9, 2009

MONTEGO BAY (JIS):
Wednesday, December 09, 2009

Prime Minister, the Hon. Bruce Golding, has said that poverty is a major contributing factor to environmental degradation and that any programme focused on the environment must include measures to address the needs of the poor.

The Prime Minister was delivering the keynote address on Tuesday (December 8) at the 4th Caribbean Conference on Comprehensive Disaster Management at the Rose Hall Hotel and Spa in Montego Bay.

Samuda Promises Support for Small Businesses with Potential

Release Date: 
Tuesday, December 8, 2009

MONTEGO BAY (JIS):
Tuesday, December 08, 2009


Courtesy of Jamaica Information Service

Minister of Industry and Commerce, Hon. Karl Samuda, has said that small businesses, with the potential to enhance the productive sector, will be given financial assistance to operate in a sustainable manner.

Samuda Says Higher Standards Needed for Export Market

Release Date: 
Friday, December 4, 2009

KINGSTON (JIS):
Friday, December 04, 2009


Courtesy of Jamaica Information Service

Minister of Industry, Investment and Commerce, the Hon. Karl Samuda, has said that while Jamaican products are of good quality, more need to be done to raise standards to the international market level.

Consumers Need More Protection in New Global Economic Environment - Stern

Release Date: 
Wednesday, November 25, 2009

KINGSTON (JIS):
Wednesday, November 25, 2009


Courtesy of Jamaica Information Service

Minister of State in the Ministry of Industry, Investment and Commerce, Hon. Michael Stern, has said that in the new global economic environment, more emphasis has to be placed on protecting consumers.

Samuda Highlights Initiatives to Attract Investors

Release Date: 
Thursday, November 19, 2009

KINGSTON (JIS):
Thursday, November 19, 2009


Courtesy of Jamaica Information Service

Minister of Industry, Investment and Commerce, Hon. Karl Samuda yesterday (November 18) met with an 11-member trade mission from the United Kingdom (UK), where he highlighted major initiatives and tools that will be used to encourage international investors and marketers to tap into the local market.

Jamaicans Must Come Together to Raise Country's Productivity Level

Release Date: 
Wednesday, November 11, 2009

KINGSTON (JIS):
Wednesday, November 11, 2009

Minister of State in the Ministry of Labour and Social Security, Hon. Andrew Gallimore, has said it is time for Jamaicans to come together to "find a focus and develop a deliberate strategy" to raise the productivity level of the country.

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