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

M Y  E S C A P E (2)

  1. Gold Rush In Glasgow – Jamaica Sweep Women’s 400m, Win Triple Jump, 110m Hurdles In Glittering Commonwealth Games Display. Glasgow, cue the Bob Marley, the Jamaicans are taking over! That’s how it seemed anyway, as a historic women’s 400 metres medal sweep yesterday, plus podium-topping performances by Kimberly Williams and Andrew Riley meant Jamaica won their third, fourth and fifth gold medals at Hampden Park, pushing their 2014 Commonwealth Games haul to 12 (five gold, three silver, four bronze)… Read more at Jamaica-Gleaner.com
  2. Trouble Looms Once Rains Come. While most of Jamaica’s authorities are focused on finding solutions to the current drought and water crisis, some experts are concerned about hazards that might emerge once the rains return… Read more at Jamaica-Gleaner.com
  3. There’s No Food Crisis – Kellier. Consumers are being assured that there is no need to panic, as despite islandwide reports of a pending food shortage because of the prolonged drought, the Government is insisting that depressed agricultural production has not reached crisis levels… Read more at Jamaica-Gleaner.com
  4. Depressed Rare Earth Market Puts Jamaica’s Project On Hold. Japan’s Nippon Light Metals, and its Jamaica government partner, who developed a revolutionary process to extract rare earth elements (REE) from the effluent left when bauxite is refined to alumina, are unlikely, at this time, to pump cash into bringing the product to market, given the slump in the price of the commodity… Read more at Jamaica-Gleaner.com
  5. Clause Forces Gov’t To Rethink Bill. Consultations held at the back end to pass the Tax Collection (Miscellaneous Provisions) bill through the Parliament has led to the Government drafting amendments to a clause in the bill which seeks to give the commissioner general of Tax Administration Jamaica (TAJ) power to put a lien against the property of a tax debtor and be able to sell it to recover tax debts… Read more at Jamaica-Gleaner.com
  6. Manufacturers Could Get GCT Refund On Imported Inputs. Brian Pengelley, president of the Jamaica Manufacturers’ Association, said the proposed amendment to the General Consumption Tax (GCT) Act to introduce a mechanism for manufacturers to claim refunds will make local producers more competitive… Read more at Jamaica-Gleaner.com