6 Things You Need To Know Today – December 17, 2012

  1. Huge Trade Deficit. One of the country’s most powerful private sector bodies, the Jamaica Chamber of Commerce (JCC), has criticised the country for not acting on a national export strategy that was proposed four years ago. The criticism, made by JCC President Francis Kennedy, comes in the wake of data provided by the website diGJamaica.com. [Read more on Jamaica-Gleaner.com]
  2. More Benefits For Pensioners As Of 2013. Benefits to pensioners will be increased in January 2013. The Lower and Upper Houses of Parliament last week passed the National Insurance (Amendment) Act 2012, which paves the way for adjustments in the contribution and benefit rates under the National Insurance Scheme (NIS). The insurable wage ceiling (IWC) is being increased from $1 million to $1.5 million per annum with effect from January 7, 2013. [Read more on Jamaica-Gleaner.com]
  3. Conversion For Redemption. Juliet Harvey was among more than 130 vendors who will be getting ready to set up shop in the newly refurbished Redemption Arcade in downtown Kingston, which was opened Friday. [Read more on Jamaica-Gleaner.com]
  4. First Global Opens In Mandeville? For several decades it has been perceived that any company serious about business in Jamaica must have a physical structure in Kingston, Montego Bay, Ocho Rios and Mandeville to effectively corner the business market. [Read more on Jamaica-Gleaner.com]
  5. Denroy Morgan Walks. Reggae icon and hit-maker Denroy Morgan, who was last September charged with possession of 25 pounds of marijuana in the Bronx, New York, walked away from the United States District Court for the Southern District of New York in lower Manhattan virtually unscathed with only 90 days’ probation and a court filing fee of US$25. [Read more on Jamaica-Gleaner.com]
  6. Alpha Boys’ School Willed Valuable Equipment. Having produced some of Jamaica’s most noted musical stalwarts, the contribution of the Alpha Boys’ School to the Jamaican music pantheon is both extensive and invaluable. [Read more on Jamaica-Gleaner.com]