Category: Business

JPS terminates Power Purchase Agreement

The Jamaica Public Service Company, has dealt another blow to preferred bidders Energy World International, EWI. This, by terminating the Power Purchase Agreement, it...

Economist Ralston Hyman Says Devaluation Strategy to Boost Exports Is Not Working

He says despite significant depreciation in the local currency, exports have declined by more than 30%.

Audley Shaw says government’s policy of devaluation is failing miserably

Opposition spokesman on Finance, Audley Shaw, says he intends to tell the Managing Director of the IMF, Christine Lagarde that the Jamaican government’s policy of...

Chairman of the Economic Advisory Council looking forward to working with JLP

Chairman of the Economic Advisory Council, Aubyn Hill, sounded a note of optimism as he proclaimed that he’s looking forward to working with the JLP to take...