Proposed increases in Income Tax penalties
IN KEEPING with the government's thrust to take additional tax measures for fiscal year 2002/2003, we understand that the penalties for certain breaches of the Income Tax Act are being revised.

MPs request 'new' House - Exploring the alternatives for a new Parliamentary site in Jamaica
ON FEBRUARY 26, of this year, the Senate and House committees, at a joint meeting decided to put back on the agenda, the desirability of a new Parliament building.

Airlines outline war impact - Report predicts massive economic damage
IN A report released earlier this week by the Air Transport Association (ATA), airlines are predicting that the pending war with Iraq will markedly accelerate the already precarious economic situation...

Widening the appeal of Caribbean Fashionweek
CARIBBEAN FASHIONWEEK, which began in 2001 has garnered worldwide attention and its financial viability is being recognised, so much so that JAMPRO views the event as an important trade expo in Jamaica's trading calendar.

Air J slashes costs - Considers job reduction and modified schedules - CEO, vice-presidents to take 10 per cent pay cut
AIR JAMAICA, the national carrier, began implementing a number of cost-cutting measures yesterday as the crisis in the airline industry deepens and war with Iraq looms.

CEP investment portfolio now worth US$100 million
CARIBBEAN Equity Partners (CEP) is wrapping up the deals on two new buyouts, its largest investments to date, pushing the company's total drawdowns from the Caribbean Investment Fund (CIF) to US$27.2 million over its two years of operation.