By: Staff Writer March 28, 2025 United States Secretary of State Marco Rubio visited Jamaica on Wednesday, emphasizing the strong bilateral relationship based on shared values and mutual interests. Key…
Category: JAMAICA
IDB Invest, Proparco, Sagicor and Development Bank of Jamaica to Finance the Rio Cobre Water Treatment Plant
March 11, 2025 As the lead structuring bank, IDB Invest provided long-term financing for up to US$79 million, (equivalent to JM$12 billion in local currency) for the Rio Cobre Water…
Development Bank of Jamaica signs Memorandum of Understanding with Caribbean Export to Launch Corporate Venturing (Pilot) Programme
February 25, 2025 The Development Bank of Jamaica today (February 24) signed an Agreement with Caribbean Export for the introduction of a grant funding initiative aimed at driving Corporate Venturing…
CDB Approves USD909,000 Grant to UWI to Strengthen Water Resource Management and Build Climate Resilience in Jamaica
January 10, 2025 The Caribbean Development Bank (CDB/the Bank) has approved a grant of USD909,000 to The University of the West Indies (UWI) to support critical efforts in strengthening water…
Caribshopper and the Caribbean Development Bank: Connecting Caribbean Entrepreneurs to Global Markets
September 6, 2024 Caribshopper, is a Caribbean Development Bank (CDB, the Bank) supported e-commerce platform connecting Caribbean products to consumers in the diaspora. With over 90 million Caribbean migrants longing for a taste…
Jamaica: Third Reviews Under the Arrangement Under the Precautionary and Liquidity Line and the Arrangement Under the Resilience and Sustainability Facility-Press Release and Staff Report
September 3, 2024 Supported by strong policy frameworks, Jamaica has managed to respond to recent global shocks prudently. Policies have supported the economy while still reducing public debt and inflation.…
IMF Executive Board Completes the Third Reviews under the Precautionary and Liquidity Line and the Arrangement Under the Resilience and Sustainability Facility with Jamaica
September 3, 2024 The Executive Board of the International Monetary Fund (IMF) completed the third reviews of the Precautionary and Liquidity Line (PLL) and the Resilience and Sustainability Facility (RSF)…
CDB Supporting Comprehensive Climate Resilience Planning and Infrastructure for Kingston Harbour
August 27, 2024 More than 600,000 persons in Kingston, St. Andrew and Port Royal, Jamaica, are set to benefit from a major initiative aimed at enhancing climate resilience and infrastructure…
Jamaican-American exec spreads awareness about work-abroad jobs for Caribbean people
July 9, 2024 “There’s always opportunity in America and Canada.” – Kerry Ann Edwards, KERG Consulting Most working people in the Caribbean are not aware of the vast range of…
IMF Reaches Staff-Level Agreement with Jamaica on the Third Reviews of the Precautionary and Liquidity Line (PLL) and the Resilience and Sustainability Facility (RSF) Arrangement
July 2, 2024 An International Monetary Fund (IMF) team led by Mr. Esteban Vesperoni held meetings with the Jamaican authorities during June 24-28 to review the implementation of reforms under…
Recruitment expert says Caribbean businesses must go digital to attract diaspora jobseekers
June 28, 2024 A recruitment expert and the chief executive of a digital talent acquisition firm is urging more Caribbean employers and businesses to embrace digital development if they wish…
IDB Invest Partners with JPS to Support Jamaica’s Green Energy Transformation
April 23, 2024 IDB Invest and Jamaica Public Service Company Limited (JPS) have signed a US$100 million financing package, to fund JPS’ capital investment programme. JPS, Jamaica’s leading energy services…