Home Tag "Audley Shaw"

National Rums Chairman, Komal Samaroo, Supports Call For Rum-Manufacturing Companies To Partner More With Cane Farmers And More Local Products In Operations.

Chairman of the Board of Directors, National Rums of Jamaica Limited, Komal Samaroo, said he agrees with the Minister Audley Shaw’s call for rum-manufacturing companies to return to the tradition of partnering more with sugar cane farmers and to use more local products in their processing operations. During a tour of National Rums of Jamaica […]

Trinidad And Tobago Slowly Recovering From Prolonged Recession Driven By Energy Supply Shocks And Low Energy Prices – IMF

Jamaica To Tackle Issue Of Food Imports In Tourism Industry Head-On

Jamaica’s Minister of Industry, Commerce, Agriculture and Fisheries, Audley Shaw, says the Ministry intends to tackle the issue of food imports in the tourism industry head-on. The majority of the island’s total food imports, about 60 per cent, are directed to the hotel, restaurant and institutional (HRI) sector. Mr. Shaw said it should not be […]

Trinidad And Tobago Slowly Recovering From Prolonged Recession Driven By Energy Supply Shocks And Low Energy Prices – IMF

Jamaican Government Programmes US$950M CapEx For BPO And Tourism Projects Through JAMPRO

The Jamaican Government has programmed capital expenditure of approximately US$950 million on business process outsourcing (BPO) and tourism projects, through Jamaica Promotions Corporation (JAMPRO), for the 2018/19 fiscal year. This was disclosed by Industry, Commerce, Agriculture and Fisheries Minister Audley Shaw, while delivering the opening 2018/19 Sectoral Debate presentation in the House of Representatives on […]

Trinidad And Tobago Slowly Recovering From Prolonged Recession Driven By Energy Supply Shocks And Low Energy Prices – IMF

Jamaican Government Assessing Feasibility Of Utilising Unclaimed Funds Held By Financial Institutions For MSME Sector

The Jamaican Government is to engage technical consultants to assess the feasibility of utilising unclaimed funds, held by financial institutions, as a critical financing option for the growth and development of the micro, small and medium-sized enterprise (MSME) sector. This was disclosed by Minister of Industry, Commerce, Agriculture and Fisheries, Audley Shaw, at the launch […]

Trinidad And Tobago Slowly Recovering From Prolonged Recession Driven By Energy Supply Shocks And Low Energy Prices – IMF

Efforts Must Be Made To Reduce The Percentage Of Onions Being Imported into Jamaica For Domestic Consumption.

Industry, Commerce, Agriculture and Fisheries Minister, Audley Shaw, says efforts must be made to reduce the percentage of onions being imported for domestic consumption. It is a call to which the Caribbean Broilers Group is responding through its Crop Division subsidiary, Imagination Farms, situated at Hill Run, St. Catherine, where it has 12 of over […]

Trinidad And Tobago Slowly Recovering From Prolonged Recession Driven By Energy Supply Shocks And Low Energy Prices – IMF

Jamaican Government And World Bank Sign US$15-Million Loan Agreement Providing Financial Support For Micro, Small And Medium-Sized Enterprises

The Jamaican Government and the World Bank, have signed a US$15-million loan agreement that will provide greater financial support for micro, small and medium-sized enterprises (MSMEs). Under the Access to Finance Project, US$5 million will go towards boosting the Credit Enhancement Facility for guarantees to MSME loans; US$5 million will be used to support the […]

Trinidad And Tobago Slowly Recovering From Prolonged Recession Driven By Energy Supply Shocks And Low Energy Prices – IMF

Fitch Ratings Affirms Jamaica’s Economy From “Stable” to “Positive”

Finance Minister Audley Shaw is welcoming a Fitch Ratings agency’s revision of Jamaica’s economy from “stable” to “positive”, indicating that it was confirmation that the country is moving in the right direction. Fitch has affirmed Jamaica’s long-term foreign and local currency Issuer Default Ratings at ‘B’ and revised the outlook from “stable” to “positive”. The […]

Trinidad And Tobago Slowly Recovering From Prolonged Recession Driven By Energy Supply Shocks And Low Energy Prices – IMF

Jamaica Has Been Repositioned In A “Whole New Light” In The Eyes Of Its Creditors.

Finance and Public Service Minister, Audley Shaw, says the Government plans to build on Jamaica’s good standing with its international creditors, as a result of notable improvements in several areas of the economy. Among these are stabilisation of the macroeconomic environment, debt reduction, fiscal discipline, and maintaining inflation within the four to six per cent […]

Trinidad And Tobago Slowly Recovering From Prolonged Recession Driven By Energy Supply Shocks And Low Energy Prices – IMF

FINSAC Report To Be Completed By November, Delayed Due To Volume Of Documents To Be Examined

Minister of Finance and the Public Service, Hon. Audley Shaw, has indicated that the report from the Financial Sector Adjustment Company (FINSAC) Commission of Enquiry into the collapse of the financial sector in the 1990s is expected to be completed by November. The Minister attributed the delay to the volume of documents that had to […]

Trinidad And Tobago Slowly Recovering From Prolonged Recession Driven By Energy Supply Shocks And Low Energy Prices – IMF

Prime Minister, Withdraw All The Additional Taxes That Were Announced By Finance Minister And Go Forward With A Policy Of “Higher Growth And Lower Taxes”. Jain

An Open Letter To Prime Minister Andrew Holness Dear Hon. Prime Minister Re: Additional Tax Package for FY 2017/18 I am concerned about the Budget as presented. It is not a good move for the country .Hence, I feel that it is my duty to write this letter for your kind consideration. I believe that […]

Trinidad And Tobago Slowly Recovering From Prolonged Recession Driven By Energy Supply Shocks And Low Energy Prices – IMF