Category: Business

Coins Jamaica

“Unacceptable!” – Jackson Raps BOJ Over Coin Shortage Explanation

Member of Parliament for South St. Catherine, Fitz Jackson, is describing as “unacceptable”, the Bank of Jamaica (BOJ)’s explanation for a reported...

cropcm554x330_1248-jamaicanmoney

‘Stop Over-Reacting to Dollar Movements’ – Duncan

Co-Chairman of the Economic Programme Oversight Committee, Keith Duncan, is cautioning against an over-reaction to the recent depreciation of the Jamaican dollar. Mr....

Business chalk sketch

EPOC Co-Chair Urges Economic Diversification

Co-Chairman of the Economic Programme Oversight Committee, Keith Duncan says Jamaica needs to have a more diversified economy. Mr. Duncan says Planning Institute’s...

Derrimon Trading

Derrimon Registers 2.3% Bump in Quarterly Revenue

Chairman and Chief Executive Officer of Derrimon Trading Company Limited, Derrick Cotterell says there have been marginal improvements in the company’s three months...

Paint Generic

Berger Paints Targeted for Aggressive Takeover

IC Insider.com is reporting that Berger Paint’s Jamaican operation is now the target of an acquisition attempt, by yet to be confirmed investors. Commenting on the...

Gov’t in No Hurry to Regulate Angel Investors

State Minister of Finance, Fayval Williams, says the government is not ‘eager’ to start regulating the Angel Investor Network. She says it prefers, instead, to allow...

nwc-water

NWC Pondering Sale of its $20bn Debt

The National Water Commission, NWC, is considering selling portions of its debt. This, to enable it to finance a number of critical improvement projects. In a statement...

Tourists

100k More Stopover Visitors

One-hundred-thousand more stopover tourists visited Jamaica last year than the year before. Data published by the Jamaica Tourist Board, JTB, revealed that for the 12...

Internet Gambling

Betting Sector Grows by 22%

The gross revenue from the Jamaican gaming industry was near $136-billion, dominated by Video Lottery Terminal (VLT) gaming products. This was revealed in the most...

starbucks

Bartlett Upbeat about Starbucks Entry into the Jamaican Market

Tourism Minister, Edmund Bartlett, says the move by American Coffee Company, Starbucks, to establish operations locally will serve to strengthen the country’s appeal...