Category: Business

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Robinson Cautions McNeil Against Gloating Over Tourism Arrival Numbers

Tourism and Entertainment Minister Dr. Wykeham McNeil says stop over tourist arrivals to Jamaica have increased significantly for the first four months of 2015. Dr....

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Economy to Grow by 2% If there is No Natural Disasters – Byles

Jamaica’s economy will grow by more than 2 percent in 2015 if there are no natural disasters. That’s according to Co-Chair of the Economic Programme...

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Caribbean Countries Dependent on Tourism Recovering – IMF Study

The latest Wold Economic Outlook published by the International Monetary Fund, IMF, says the tourism dependent economies of the Caribbean have started to see a recovery...

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Caribbean Nations Are Being Urged to Brace for Rise in Unemployment

The Director of the International Labour Organization, ILO, Guy Ryder, says Latin American and Caribbean countries are facing challenging times because of an economic...

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Govt Stifling Exports – Roger Chang

Managing Director for Janitorial Traders Limited, Roger Chang says government bureaucracy is stifling the export sector. Mr Chang has made the claim in the wake of his...

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Jamaica to Be the Worst Performing of 189 Economies by 2030 – Report

Jamaica is projected to be the worst performer out of 189 countries in terms of growing its economy over the next 15 years. That’s according to the U.S. Department...

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NIR for March Increased $US372-million Compared to February

The Bank of Jamaica says the country’s Net International Reserves increased at the end of March this year, when compared to the figure at the end of February. At...

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Big Increase in Gas Prices this week

There’s a big increase in petrol prices this week. 87 and 90 Octane will increase by $3.20 per litre to sell at $190.84-cents and $111.49 cents respectively. The...

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Obama Praises Gov’t for Implementing Fiscal Reforms

President Obama has praised the Simpson Miller administration for its implementation of important fiscal reforms. Mr. Obama says he discussed the issue of trade withe...

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U.S Economist – Jamaica Should Seek Relaxation of IMF Conditionalities with Obama

Research Associate at the Centre for Economic and Policy Research in the US, Jake Johnston, says Jamaica’s government should discuss a relaxation of IMF...