Category: Business

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...

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...

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...

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...

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...

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...

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...

King Raps US think-tank Report Saying IMF Programme is Crippling Jamaica

Head of the Department of Economics at the Mona campus of the UWI, Dr. Damien King, has blasted the US-based Center for Economic and Policy Research, following its...

Byles Urges Govt to Lobby Obama for Debt Swap

Co-Chairman of the Economic Programme Oversight Committee, EPOC, Richard Byles, says Prime Minister Portia Simpson Miller should lobby President Obama’s support in...

Jamaica Running the Most Austere Budget Globally – Study

The US-based Center for Economic and Policy Research is knocking Jamaica’s economic programme with the IMF for putting the people through needless pain. The centre...