Category: Business

5 IMF Tests To Go – Will Jamaica Pass Them?

Head of the Department of Economics at the University of West Indies Mona, Dr. Damien King says he’s unable to say whether Jamaica will pass the next five tests...

Mussons Acquires Local Nestle Operations

The Mussons Group, through its wholly owned subsidiary, Mussons International Dairies Limited, has bought from Nestle Jamaica its local dairy operation, including their...

IMF Warns Success at Next Five Test Uncertain

The IMF’s Resident Representative to Jamaica, Dr. Bert Van Selm, says it’s difficult to say whether the country’s five remaining reviews under the...

C&W Boss Confident Liberty Take-Over will Benefit Caribbean

CEO of Cable & Wireless Communications, Phil Bentley says the Caribbean will benefit from world class cable television when Liberty Global takes over Cable &...

Phillips: 100K Jobs Conditional

Finance Minister, Dr. Peter Phillips, says Jamaica will have to continue on the path of fiscal discipline, in order for the PNP administration to deliver the 100,000...

Liberty Global Acquires FLOW’s Parent Company

US business tycoon, John Malone’s Liberty Global Plc, has agreed to buy Cable and Wireless Communications, CWC in a cash-and-stock transaction valued at £3.5-billion....

July Remittances Up

The Bank of Jamaica says net remittances for July this year, came in at USD$170-million, a 4-percent increase over the figure for July last year. The BOJ says that in...

Chief Executive Officer of the Private Sector Organization of Jamaica, Dennis Chung, economist, Ralston Hyman, And Vice President of Government Affairs at Scotia Bank, Wayne Henry

Economists Hail Lowering of Primary Surplus Target

Financial analysts are hailing the lowering of the primary surplus target as a potential boost for generating growth in the economy. The International Monetary Fund,...

Supreme Ventures Confident in CTL Acquisition

The President and CEO of Supreme Ventures Limited, Brian George, is refuting concerns that his company would monopolize the gaming industry if they are allowed to...

Business Confidence DOWN

The Current Business Conditions Index plunged by nearly 40-points in the third quarter. The index is one of several measured by the Jamaica Chamber of Commerce and...