Year: 2013
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PM wants nationals abroad to invest in Jamaica
MONTEGO BAY, Jamaica, CMC – Prime Minister Portia Simpson Miller is calling on members of the Jamaican Diaspora to invest in the country saying also that foreign investors have shown their confidence by investing in mega projects here. “Along with our Diaspora, we need our international partners, and we will continue to invite foreign investments. Belgian-registered companies have invested in…
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Let’s do the reverse of FATCA for Jamaica – Halsall
KINGSTON, Jamaica – Myrtle Halsall, senior deputy governor of the Bank of Jamaica, is suggesting that, as a countermove, Jamaica could initiate steps to get financial information on nationals living in the United States (US) in much the same way the US authorities are seeking to do with its Foreign Account Tax Compliance Act (FATCA). “In terms of impact on…
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FATCA looms: Auditors need to place it on their radar
KINGSTON, Jamaica – During an enlightening presentation to internal auditors at a recent meeting of the Institute of Internal Auditors (Jamaica chapter) by Mr George Roper, Scotiabank's, vice-president for compliance, the cold, hard facts of FATCA were expounded. FATCA is the Foreign Account Tax Compliance Act, a new United States (US) law aimed at foreign financial institutions (FFIs) and other…
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Premier rules out gay marriage in Bermuda
HAMILTON, Bermuda, CMC – Premier Craig Cannonier has ruled out gay marriage in Bermuda, declaring “under my leadership, that will not happen”. Cannonier, 50, who came to office in December, praised lawmakers for backing an amendment to human rights law in the House of Assembly last Friday which extended basic anti-discrimination protection to gay people. “I am delighted we’re moving…
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Kudos for Guyana from UN systems
GEORGETOWN, Guyana, CMC – The United Nations system in Guyana Tuesday congratulated Guyana on being among 38 countries that have met internationally-established targets in the fight against hunger ahead of the 2015 deadline. Guyana and St. Vincent and the Grenadines are the only two Caribbean Community (CARICOM) countries among 20 countries which have satisfied the primary target of the UN…
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IICA warns of water shortage
MEXICO CITY, CMC – The Inter-American Institute for Cooperation on Agriculture (IICA) says Latin America and Caribbean countries will have to adopt new water management models as agricultural production, industry and energy generation vie for the commodity in coming years. Delegates from more than 20 countries in Latin America and the Caribbean have been meeting here for the IICA Executive…
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