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Jamaica Gleaner Business
published: Sunday | December 31, 2006

Finance Minister to pronounce on tax threshold next April - Increase delayed for union talks
An estimated 31,000 Jamaicans, who would have been free from income tax if the government had kept its January 1 deadline to raise the threshold by 42 per cent, will have to wait at least four months for Finance Minister Dr. Omar Davies to pronounce...

New cellular phone provider rivals VoIP

New market entrant Megafone, of whom little is known, has placed a new cellphone on the market that offers unlimited calls overseas, to rival Voice over Internet Protocol (VoIP) providers.


Highlights of the export sector in 2006

The year 2006 was, overall, a very good year for exports in general, and for non-traditional exports in particular, despite a few hiccups.


New rum hits the market

KRB Lea Jamaica Rums Limited has set sights on a 33 per cent share of the overproof rum market, and is hoping to gain leverage for its month-old product against established brands like Wray & Nephew by exploiting the cricket crowd due in Jamaica in March.


Jamaican economy poised for growth ... barring energy misfortunes, global financial downturn

The World Bank recently projected growth of 3.5 per cent in 2007 for Jamaica, following on the 3.0 per cent estimate for 2006. Jamaica has not seen growth at those levels in a long time...


Hanover PC mulls sale of Fort Charlotte

The Hanover Parish Council is now awaiting a decision from the Office of the Commissioner of Lands, as to whether it will lease or sell the historic Fort Charlotte property to the council, for it to be developed as a tourist attraction.


Eight financial resolutions for 2007

The Jamaican economy is projected to experience growth in GDP of 3.0 per cent this year, as predicted by the World Bank, which is the best we will have experienced in a decade.




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