Category: Business

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GraceKennedy Group Net Profit Declined by 25%

The GraceKennedy Group has experienced a 25-percent decline in net profit for the first quarter of 2015, relative to the return in the corresponding period last year....

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CDB Establish Public-Private Partnership Support Facility

The Caribbean Development Bank, CDB, has established a 1-point-2 million US dollar regional Public-Private Partnership Support Facility, to be based at its headquarters...

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Inflation Expectation Lowest on Record

Governor of the Bank of Jamaica, Brian Wynter, says inflation expectation among businesses has fallen to the lowest level on record. He says inflation expectations in...

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McNeill wants Regional Appoach to C’bean Tourism

Tourism Minister, Dr. Wykeham McNeill is calling for a regional approach to growing the tourism market in the Caribbean. His comment comes on the heels of Jamaica...

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Grace Kennedy Looks to Expand in Cuba

The Group CEO of Grace Kennedy Don Wehby, says the company has established a corporate panel to study the possibility of going into the Cuban market, in light of the...

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Xerox to Open 3 New Call Centres in New Kingston This Year

The multinational document management corporation, Xerox, says it plans to expand its business in Jamaica by adding three new call centres in the New Kingston Business...

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Jamaica Falls to Its Worst Ranking in Global Tourism Competitiveness Report

Opposition Spokesperson for Tourism, Shahine Robinson, says she’s deeply concerned about Jamaica falling to its worst ever ranking in the Global Travel and Tourism...

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WIGUT Wants Gov’t to Re-Negotiate Primary Surplus Under IMF to 5.5%

The West Indies Group of University Teachers, WIGUT, is recommending that the government renegotiate the IMF programme’s primary surplus target of 7-point-5...

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IMF Rep: Light at the end of Tunnel for Jamaica

IMF country representative to Jamaica, Bert van Selm says there’s light at the end of the tunnel for Jamaica which is currently in the middle of a tough extended...

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Jamaica Passes 8th IMF Test

Jamaica has passed its eighth IMF, test! That’s according to the new IMF Head of Mission to Jamaica, Ms. Uma Ramakrishnan. But Ms. Ramakrishnan says the country...