Home Tag "Audley Shaw"

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 […]

JMMB Group Chairman Congratulates Mrs. Street Forrest For Her Effectiveness As The Leader At The Jamaica Stock Exchange

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 […]

JMMB Group Chairman Congratulates Mrs. Street Forrest For Her Effectiveness As The Leader At The Jamaica Stock Exchange

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 […]

JMMB Group Chairman Congratulates Mrs. Street Forrest For Her Effectiveness As The Leader At The Jamaica Stock Exchange

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 […]

JMMB Group Chairman Congratulates Mrs. Street Forrest For Her Effectiveness As The Leader At The Jamaica Stock Exchange

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 […]

JMMB Group Chairman Congratulates Mrs. Street Forrest For Her Effectiveness As The Leader At The Jamaica Stock Exchange

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 […]

JMMB Group Chairman Congratulates Mrs. Street Forrest For Her Effectiveness As The Leader At The Jamaica Stock Exchange

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 […]

JMMB Group Chairman Congratulates Mrs. Street Forrest For Her Effectiveness As The Leader At The Jamaica Stock Exchange

Reductions In Lending Rates Augur Well For Continued Economic Growth, As Businesses Can Now Access Well-Needed Capital At Affordable Rates.- Shaw

Minister of Finance and the Public Service, Hon. Audley Shaw, says lending rates by Jamaican banks on new loans as at December 2016 were trending down pointing out that interest rates on new loans for large projects are now at 10.23 per cent, compared with 13 per cent in December 2015. “Interest rates on new […]

JMMB Group Chairman Congratulates Mrs. Street Forrest For Her Effectiveness As The Leader At The Jamaica Stock Exchange

Jamaica’s Finance Minister Announces Revenue Measures Amounting To Almost $30 Billion Dollars.

Opening the budget debate yesterday, Finance Minister Audley Shaw announced several measures including taxes on motor vehicle licences, fuel, tobacco and alcoholic beverages and a 16.5 per cent GCT on group health insurance. Effective March 15, Special Consumption Tax (SCT) on fuel will increase from $0.43 to $7.36 per litre with an expected return of […]

JMMB Group Chairman Congratulates Mrs. Street Forrest For Her Effectiveness As The Leader At The Jamaica Stock Exchange