Category: Business

Consumer Confidence at Highest since Q1 2012

The Consumer Confidence Index is at its highest since the first quarter of 2012. The Jamaica Chamber of Commerce, JCC, released its business and consumer confidence...

Gaston Browne Defends Antigua’s Citizenship by Investment

Prime Minister of Antigua and Barbuda, Gaston Browne, is defending his nation’s citizenship by investment program. The Citizenship by investment program requires...

Starbucks Could Spark the Revival of Jamaica’s Coffee Industry

Industry Minister, Audley Shaw says there could be a revival of the local coffee industry through a partnership with global coffeehouse giants, Starbucks. The company...

PM Holness Proposes FX Hedge Fund

Prime Minister Andrew Holness is suggesting a foreign exchange hedge fund to help businesses manage the risks associated with a fluctuating US dollar market. Over the...

Primary Surplus is Inhibiting Growth, says BOJ

Bank of Jamaica Governor, Brian Wynter, says the primary surplus is inhibiting the nation’s economic growth. The primary surplus, currently at seven per cent, is...

International Banks Now Able to do Business with PetroJam

Foreign Affairs Minister, Senator Kamina Johnson-Smith, says international banks and creditors are now able to do business with Petrojam without fear of being...

Cabinet Approves Tabling of Logistics Hub Market Analysis & Master Plan

Cabinet approved tabling of the Jamaica Logistics Hub Initiative (JLHI) Market Analysis and Master Plan in Parliament for adoption. The implementation strategy for the...

Economist Downplays Dollar Devaluation Worries

Economist Dr. Damien King is seeking to allay concerns over what appears to be a depreciation of the local currency against the benchmark US dollar. The Jamaican dollar...

Sagicor Partners with NASDAQ to Combine Tourism Assets

Sagicor Jamaica says it has entered into an agreement with NASDAQ to combine their tourism assets. Sagicor advised that earlier this year Principals of its Real Estate X...

Local Tourism Firms Move Embrace Digital Transformation

Tourism Minister Edmund Bartlett has announced a $30-million, digital technology partnership with Google to deploy what he deemed the most powerful and digitally...