News
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PSOJ warns of massive job losses
KINGSTON, Jamaica – THE Private Sector Organisation of Jamaica (PSOJ) is calling on the Government to immediately review and make changes to aspects of its new tax regime, which it said could do more harm than good to the economy. “The PSOJ is urging the Government to immediately review and change its tax treatment of certain raw material inputs under…
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EDITORIAL – Poor economics, sovereign impotence
KINGSTON, Jamaica – Peter Phillips' public admission twice last week – of sovereign impotence in negotiating an economic support agreement with the International Monetary Fund (IMF) – should be powerful motivation for us to finally fix Jamaica's economy. Further, the shame of the circumstance should be another reminder of the need for, if not a catalyst towards, change in our…
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Private sector urged to invest in new global trans-shipment project
KINGSTON, Jamaica, CMC – The Jamaica government is urging the private sector to support the initiative to develop the country’s global trans-shipment and logistics hub by taking advantage of the potential investment opportunities it provides. Industry, Investment and Commerce Minister, Anthony Hylton said the development presents diverse prospects for the growth and expansion of the local business environment, and Jamaica’s…
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President denies Delta pull out due to baggage search of former president
GEORGETOWN, Guyana, CMC – The Guyana government has dismissed suggestions that the US-based airline, Delta Airlines was forced out of the country because former president Bharrat Jagdeo was subjected to baggage checks by the airline. President Donald Ramotar said that no time did his administration move to have Delta out of Guyana, but rather would like the airline to continue…
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Millions face impact of stunted reef growth
QUEENSLAND—Estimates of current rates of reef growth in the Caribbean have been described as “extremely alarming” by the leader of a team of international researchers conducting a study with Australia’s University of Queensland (UQ). According to an article published in Science Alert, UQ research indicates that many Caribbean coral reefs have either stopped growing or are on the verge of…
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Regional foreign ministers to meet in Panama
PANAMA CITY, Panama, CMC – Foreign ministers from three Caribbean Community (CARICOM) countries will attend the 18th Ordinary Meeting of the Ministerial Council of the Association of Caribbean States (ACS) on Friday, according to a statement from the Trinidad-based ACS Secretariat. It said that the foreign ministers from Haiti, Jamaica and Trinidad and Tobago will attend the one-day meeting of…
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Prime Minister Gonsalves says he was accosted by BBC journalists
KINGSTOWN, St. Vincent, CMC – Prime Minister Dr. Ralph Gonsalves has accused two journalists with the British Broadcasting Corporation ( BBC) of accosting him Sunday on an airplane in Barbados and has said that he will write to the London-based media house to complain about the incident. “… I am going to write the BBC, because I am no less…
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The IMF, VW advert; CSME and the private sector
KINGSTON, Jamaica – The jury is still out about our Jamaican psyche. Yes, we are fun people but are we builders of civilisation, spectators or players, minstrels or masters? Are we in charge of our fate, or zombies? This IMF thing has unleashed a spirit of fear and some desperation. We seem beholden to the IMF, yet it asks no…
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