Category: Business

Jamaica Can Only Meet 5% Growth Target By Attracting Global Markets – Byles

Bank of Jamaica Governor, Richard Byles, says Jamaica will never achieve the desired 5% economic growth, without attracting a global market. Mr. Byles says Jamaica must...

How Jamaica Became The IMF’s Poster Child For Economic Reform

The IMF says a key element for Jamaica's success was the establishment of an Economic Programme Oversight Committee, EPOC.

BOJ Says Dollar Slide A Result of Financial Institutions Buying of US Dollars

Bank of Jamaica Governor, Richard Byles, says the market has been straining under the pressure to provide large amounts of US dollars to financial institutions. The...

Burke Calls For Reform Of ‘Outdated’ Cannabis Regulations

A key player and advocate in the cannabis industry, Paul Burke, is calling for a review of what he sees as Jamaica’s outdated cannabis regulations. Mr. Burke,...

More Work To Be Done Despite Latest Doing Business Rankings – Vaz

Investment Minister and Chairman of the National Competitive Council, Daryl Vaz, says a lot of work is left to be done despite Jamaica’s move up the latest World...

Azan Defends Bernard Lodge Mega Agriculture Project

Developer of the Lakes Pen Integrated Agriculture Project in St Catherine, Gassan Azan, is defending the lease arrangement he signed with the government for four hundred...

Gov’t Push For More Growth

Finance Minister, Dr. Nigel Clarke, says despite 18 consecutive quarters of expansion, the Government is intensifying efforts to realize more significant growth in the...

‘Sing & Dance Your way Through Troubles’ IMF Chief Highlights Jamaica As Poster Child For Economic Reform

The International Monetary Fund is highlighting Jamaica as one of it’s poster children of economic reform. New IMF Managing Director, Kristalina Georgieva, praised...

JMD Drops To $139 To $US1 Even As BOJ Pumps $US30 In Forex Market

The Jamaican dollar continued its slide against the US dollar, now nearing $J139 to $US1. The local currency lost another 51 cents on Friday, to sell for an average...

Consumer Confidence Drops To 2-year Low As Business Confidence Continues Decline

For the first time in almost two years, the country has recorded a decline in consumer confidence. After reaching historic highs in the first quarter of 2019, business...