Financial sector ready for expansion
THE FINANCIAL sector is definitely on the recovery road. Lets face it, the recent sale of Life of Jamaica means that the life insurance sector - one of the main casualties of the financial sector crisis- is now restored to full health.

Economy devastated under PNP stewardship
SINCE 1989, Jamaica has had a few advances, but has suffered from five main policy failures that have had a devastating impact on the Jamaican economy. These policy failures have resulted in negative growth, the devastation of...

Tourism - Now the top foreign exchange earner
IN THE decade 1990 to 2000, Jamaica's dependence on tourism increased substantially. Gross export earnings from the sector at the beginning of the decade was US$740 million, representing 37.9 per cent of total, approximately on par with the mining...

NETSERV MINISTRY PAPER - Guidelines breached
THE MINISTRY of Industry, Commerce and Technology and other Government agencies were in clear breach of their own administrative guidelines in relation to loan approvals and fund disbursements in relation to the NetServ project,...

Netserv Ministry Paper - Paulwell's chronology
This is how Minister Phillip Paulwell explained the sequence of events leading to the failure of NetServ Communications Jamaica: March 31, 2000: A representative of JAMPRO met with Michael Dawson of NetServ at a Telecommunications Seminar in Kingston....

Gov't uncertain to recover money
INDUSTRY, COMMERCE and Technology Minister Phillip Paulwell was not clear yesterday on whether the Government would be able to recover the $185 million that was pumped into NetServ, the information technology company that was placed in...

Netserv Ministry Paper - NetServ's financing programme
THE NETSERV project was initially budgeted to cost approximately US$19.62m and was to be implemented over three years. NetServ would contribute US$13.4 million, the NIBJ US$4.2 million and HEART/NTA US$2 million. On reviewing the training proposal,...