News
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Ecuador to open embassy in Kingston
KINGSTON, Jamaica – THE GOVERNMENT of Ecuador has expressed its intention to establish an embassy in Kingston, Minister of Foreign Affairs and Foreign Trade A.J. Nicholson has disclosed. Nicholson made the announcement while addressing the Rotary Club of St Andrew meeting at Hotel Four Seasons on Tuesday. Nicholson, while admitting that his Government has welcomed the proposal, said the country…
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Opposition party says it will not contest seats held by former government ministers
BASSETERRE, St. Kitts, CMC – Leader of the main opposition People’s Action Movement (PAM), Shawn Richards said his party will not contest the seats now held by two former senior government ministers in the next general elections. Former deputy prime minister Sam Condor and former senior minister Dr. Timothy Harris have joined with the four opposition legislators in writing a…
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EDITORIAL – Give details for the June IMF test
KINGSTON, Jamaica – Jamaica, for all practical purposes, has an agreement with the International Monetary Fund (IMF). It will be merely formalised by the fund's executive board at their meeting on May 1. So, the fiscal programme being pursued by the Government for the financial year that started on April 1 is predicated on the terms of the US$958 million…
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Opposition blasts national budget
KINGSTON, Jamaica, CMC – The main opposition Jamaica Labour Party (JLP) has blasted the Portia Simpson Miller led administration saying the country is worse off than when it demitted office in 2012. Responding to the J$521 billion (One Jamaica dollar = US$0.01 cents) tax free budget presented by Finance Minister Dr. Peter Phillips last week, former finance minister Audley Shaw…
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PM confident of economic growth in 2013
BASSETERRE, St. Kitts, CMC – Prime Minister Dr. Denzil Douglas Wednesday said he remains confident that the twin island federation would record near two per cent economic growth this year. He said the 1.9 per cent growth being predicted is reasonable based on “what we have seen from the performance of the local economy, having undergone a number of structural…
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Guyana pitches for investment from Trinidad and Tobago
PORT OF SPAIN, Trinidad, CMC – Guyana Wednesday made an impassioned plea for business investments from its oil rich Caribbean Community (CARICOM) neighbour, Trinidad and Tobago, saying it also provides a gateway for investment in South America. Guyana’s President Donald Ramotar addressing the Trinidad and Tobago Chamber of Industry and Commerce Annual General Meeting his country could be a bridge…
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