by Fernando Pavón – Julaire Hall March 1, 2022 As countries keep struggling to overcome the effects of the pandemic, women continue to be among the most affected – both at…
Category: JAMAICA
Jamaica Works to Maintain its Hard-won Economic Stability
IMF Western Hemisphere Department February 22, 2022 Prior to the pandemic, Jamaica had successfully stabilized the economy, turning a fiscal deficit of 11 percent of GDP in 2009 into a 1…
JMMB GROUP MARKS J$8.82BN GROWTH DESPITE LOCKDOWNS: Marks launch of Digital suite of products
By Kimberly Ramkhalawan kramkhalawan@caribmagplus.com February 18, 2022 The JMMB Group Limited posted a net profit of J$8.82 and earnings per share of J$4.23 for the nine months ending December 31,…
IMF Executive Board Concludes 2021 Article IV Consultation with Jamaica
February 18, 2022 The Executive Board of the International Monetary Fund (IMF) concluded the 2021 Article IV consultation [1] with Jamaica. In the decade preceding the pandemic, Jamaica made good progress to…
Jamaica-based Private Equity Firm Takes 26% Stake in My Ocean, ‘Hand-made in The Bahamas’ Soaps, Candles & More
February 8, 2022 A Bahamian company that started with a few hand-made soaps and a cultural vision is going into expansion mode, moving into spacious manufacturing headquarters and expanding staff and…
MASSY CROSS LISTING ON JAMEX
By Kimberly Ramkhalawan kramkhalawan@caribmagplus.com February 4, 2022 Performance Indices one week after. It has been one week since Trinidad and Tobago based conglomerate, Massy Group cross listed on Jamaica Stock…
New initiative set to boost Jamaica coffee exports to EU and spur growth
February 1, 2022 Caribbean Export supports Jamaica’s coffee exporters to expand in EU market. The initiative provides market penetration strategy to target new consumers. Consultants, Winward Commodities, will provide the…
“Bold and bright future” for Jamaica on electric vehicles “win-win”!
By: Staff Writer December 17, 2021 A Jamaican cabinet minister said that the country is charting a “bold and bright future” on its electric vehicle transition. Earlier this week the…
Tavanchee Opens Its Doors in Mandeville, Jamaica
December 17, 2021 Tavanchee will be opening its doors for the first time on December 18, 2021. The public is invited to celebrate the occasion and to experience the excellent…
Policymakers are missing the potential of the multi-billion dollar Seaplant industry in Caribbean.
By: Staff Writer December 7, 2021 An entrepreneur said that there is an opportunity to diversify from tourism into the multi-billion dollar mariculture but policymakers need to take advantage of…
CariCRIS assigns ‘adequate creditworthiness’ ratings for PROVEN Investments Limited
November 19, 2021 Caribbean Information and Credit Rating Services Limited (CariCRIS) has assigned the Corporate Credit Ratings of CariBBB (Foreign and Local Currency) on the regional rating scale, and jmA…
Jamaica: Staff Concluding Statement of the 2021 Article IV Mission
November 19, 2021 In the decade preceding the pandemic Jamaica made good progress in restoring macroeconomic and financial stability. Aided by IMF financial support, the fiscal deficit was brought from 11…