Uproar ends sitting
THE FIRST briefing of the Standing Finance Committee (SFC) of the House of Representatives by Finance and Planning Minister, Dr. Omar Davies, ended in uproar at Gordon House yesterday. The briefing ended in a shouting match between Jamaica Labour...

Davies proposes $185b budget

MINISTER OF Finance and Planning Dr. Omar Davies has indicated a $185 billion 2001/2002 Budget, aimed primarily at containing domestic debts and with no indication of tax increases. Critical areas like national security, education, health, roads...

Labour reform amendments hit snag
THE Government's plan to speed labour reform amendments through Parliament this session hit a roadblock yesterday over the issue of contract employees including security guards, being defined as workers. The Joint Select Committee (JSC) of Parliament,...

Oil reserves boosted

JAMAICA'S CRUDE oil reserves have been boosted under a one-year contract signed with Nigeria last August which has seen the Petroleum Corporation of Jamaica (PCJ) lift about one million barrels of Nigerian crude per month. The agreement indemnifies...

Profit fall for Courts
AFTER-TAX PROFITS at furniture retailer Courts Jamaica fell by about 39 per cent, according to unaudited results for the nine-month period ended December 31, 2000. Profit after taxation was $312 million compared with $435 million during the same...