Month: April 2014

Interactive Chart -Taxes To Fill The $6.7 Billion Gap In The 2014/2015 Budget

Minister of Finance, Dr. Peter Phillips in his contribution during the opening of the 2014/15 Budget Debate on April 17, proposed how the GoJ intends on financing the $6.7 BILLION GAP in the $540.1 billion 2014/2015 national budget. According to Dr. Phillips, the

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Business Update: Remittances For January 2014

For January 2014, net remittances were US$137.8 million, an increase of US$8.0 million or 6.2 % compared with the corresponding period of 2013. The growth in net remittance inflows reflected an increase in gross remittance inflows and a contraction in outflows. Gross

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6 Things You Need To Know Today – April 30, 2014

EWI Rescue Plan: Paulwell Wants OCG’s Stance Changed To Allow Loan For 381MW Project. Energy minister Phillip Paulwell is seeking to nudge Contractor General Dirk Harrison’s office into conceding that it erred when it concluded that the decision of the Office

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6 Things You Need To Know Today – April 29, 2014

Gov’t Plea For EWI – State Considers Approach To IDB As Loan Rejected For 381MW Project. The Jamaican Government is contemplating making an approach to the Inter-American Development Bank (IDB) to ask that it respond favourably to a loan request from

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Is Jamaica Happy Or Miserable?

According to Measuring Misery Around the World, a recently published report from the US-based public policy research organisation the Cato Institute, Jamaica is the fifth most miserable country on the planet, behind Venezuela, Iran, Serbia and Argentina at first through fourth, respectively. Jamaica’s score

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Rewards and Risks of Big Data – Global Information Technology Report 2014

The Global Information Technology Report 2014 2014 marks the 13th edition of the Global Information Technology Report, which provides a comprehensive assessment of networked readiness, or how prepared an economy is to apply the benefits of information and communications technology (ICT)

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6 Things You Need To Know Today – April 28, 2014

Banks Devising Withdrawal Tax Alternative. The banking sector is drafting an alternative proposal for presentation to Finance Minister Dr Peter Phillips aimed at convincing him to kill the financial transaction tax proposed on withdrawals and encashments… Read more at Jamaica-Gleaner.com Assets

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6 Things You Need To Know Today – April 25, 2014

Punished By Portia – Holness Outlines Policy Plans While Decrying Pain Inflicted By Gov’t. Signalling that the Jamaica Labour Party (JLP) is about to go into campaign mode, Opposition Leader Andrew Holness told the House of Representatives yesterday that the party

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Industry Update: Bauxite & Alumina Boost In Production Mar ’14

The latest figures from the bauxite-alumina industry reveal that in March 2014 crude bauxite production rose by a whopping 60% to 473,409 MT while alumina production rose by only a mere 3% to 154,582 MT when compared with figures from

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