Your news in a nutshell
- Drivers to dig deep
- What Shaw said at the Budget Debate
- Increased SCT will stop production plans – Red Stripe
- Manchester murder was a paid hit
- US to help create special agency to protect bank customers
- Three shot dead
Motorists will bear a significant weight of the nearly $30 billion in revenue measures announced yesterday by Finance and the Public Service Minister Audley Shaw in Parliament. In opening the 2017-2018 Budget Debate, Shaw announced a 20 per cent hike across the board on motor-vehicle licences while increasing Special Consumption Tax (SCT) on petrol, which takes effect on March 15. See full story on The Gleaner’s website.
Audley Shaw, finance minister, made a wide-ranging presentation yesterday in the House of Representatives to open the 2017/2018 National Budget Debate. Here’s some of what he said. See full story on The Gleaner’s website.
The Government’s decision to increase the special consumption tax (SCT) on alcohol could cause Red Stripe to scrap plans to spend US$20 million to put in a new packaging line for exports, and the expansion of its Cassava Starch Factory. See full story on The Gleaner’s website.
The Manchester police are reporting that they have determined that the recent killing of 36-year-old taxi driver Dinval Whyte and 33-year-old salesman Garfield Morgan, in Mollison, Christiana, was a paid hit. See full story on The Gleaner’s website.
A special agency to protect consumers from the greed of financial institutions is to be established this financial year, the government has announced. The development comes as the Parliament debates a proposed law to regulate service charges by deposit-taking institutions. See full story on The Gleaner’s website.
Three people were last night shot dead and a fourth injured by gunmen in the volatile North Gully community of Montego Bay, St James. Among those killed is former Seba United and former national goalkeeper Devon ‘Kid Harris’ Dunkley. See full story on The Gleaner’s website.