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Bank Of Jamaica Designing New Reporting Forms To Capture Vital Information On The Extent Of Private-Sector Credit Being Provided To Micro, Small, And Medium-Sized Enterprises

Bank of Jamaica (BOJ) Governor, Brian Wynter, has advised that the BOJ is designing new reporting forms to capture vital information on the extent of private-sector credit being provided to micro, small, and medium-sized enterprises (MSMEs). The value of loans disbursed to MSMEs by deposit-taking institutions as a percentage of total private-sector credit, is among […]

Reduction In Transaction Volumes For GraceKennedy Remittance Business In Jamaica Due To Enhanced Compliance Measures.

Reduction In Transaction Volumes For GraceKennedy Remittance Business In Jamaica Due To Enhanced Compliance Measures.

The GraceKennedy Financial Group experienced mixed fortunes during the Second Quarter ended June 2018, as the Money Services and Banking & Investments segments both experienced decline in revenue and pre-tax profits, while the Insurance segment grew revenue and pre-tax profits over the corresponding period of 2017. The performance of the Money Services segment was due […]

Bank Of Jamaica Designing New Reporting Forms To Capture Vital Information On The Extent Of Private-Sector Credit Being Provided To Micro, Small, And Medium-Sized Enterprises

Gracekennedy To Acquire 35% Stake In Catherine’s Peak Bottled Pure Spring Water Business

GraceKennedy announced its intention to acquire a 35% share in Catherine’s Peak bottled pure spring water business, subject to the satisfactory completion of due diligence. This transaction forms part of GraceKennedy’s strategic growth initiative to expand the Group’s healthy product alternatives portfolio, while acquiring top Jamaican brands with broad consumer appeal capable of growing both […]

Bank Of Jamaica Designing New Reporting Forms To Capture Vital Information On The Extent Of Private-Sector Credit Being Provided To Micro, Small, And Medium-Sized Enterprises

Our Vision Is To See Jamaica Grow To 100 Per Cent Internet Penetration

“Our vision is to see Jamaica grow from 60 per cent Internet penetration today, to 100 per cent; which means that this journey of LTE coverage expansion gives us a tremendous opportunity to use increased broadband penetration as one of the drivers of economic growth. This is about taking Jamaica to the next level and […]

Bank Of Jamaica Designing New Reporting Forms To Capture Vital Information On The Extent Of Private-Sector Credit Being Provided To Micro, Small, And Medium-Sized Enterprises

Increased Imports & Companies Going Into Market To Buy US$ To Repay Loans Causing Increased Demand And Slide In JA$

Minister without Portfolio in the Ministry of Finance and the Public Service, Fayval Williams, says increased local demand for the United States (US) dollar over recent weeks, has resulted in further depreciation in value of the Jamaican dollar against the US currency. The Bank of Jamaica’s website indicates that the rate stood at J$133 for […]

Bank Of Jamaica Designing New Reporting Forms To Capture Vital Information On The Extent Of Private-Sector Credit Being Provided To Micro, Small, And Medium-Sized Enterprises

Finsac Struggling To Find Investors For Its 72% Stake In Ciboney Group Limited

Finsac Limited, which has a 72 per cent stake in the inactive but still publicly traded company Ciboney Group Limited, has failed once again to secure a buyer for its stake in the company. Ciboney Group Limited in a statement published on the website of the Jamaica Stock Exchange yesterday has advised that Finsac’s attempt […]

Bank Of Jamaica Designing New Reporting Forms To Capture Vital Information On The Extent Of Private-Sector Credit Being Provided To Micro, Small, And Medium-Sized Enterprises

Since Its Establishment JSEZA Has On The Ground US$500M In Investments And 5,000 Jobs.

Photo: JIS Photographer Jamaica Special Economic Zone Authority (JSEZA) Chairman. Metry Seaga (centre), along with Chief Executive Officer, Dr. Eric Deans (left); and Chairman of the Chinese entity, Jiuquan Iron and Steel Company (JISCO), Chen Chunming, peruse information on the JSEZA, during Wednesday’s (June 20) press briefing to announce plans for the development of the […]

Bank Of Jamaica Designing New Reporting Forms To Capture Vital Information On The Extent Of Private-Sector Credit Being Provided To Micro, Small, And Medium-Sized Enterprises

Gracekennedy Heads Into A Multi-Year Transformational Journey

As GraceKennedy Limited heads into its 100th birthday in 2022, it has announced a round of restructuring activities starting July 2018. This restructuring is one of the strategic steps that the business will be taking, as it embarks on a multi-year transformational journey, aimed at optimizing the Group’s structure for improved performance and shareholder value, […]

Bank Of Jamaica Designing New Reporting Forms To Capture Vital Information On The Extent Of Private-Sector Credit Being Provided To Micro, Small, And Medium-Sized Enterprises

Starbucks Wants More Jamaican Blue Mountain and High Mountain Coffee

Jamaica’s Industry, Commerce, Agriculture and Fisheries Minister, Audley Shaw, says he will be taking steps to stop the illegal import of sugar, coffee and other commodities. Minister Shaw indicated that right now, there was a stockpile of 32,000 tonnes of locally manufactured sugar that cannot be sold because of the illegal importation of white sugar. […]

Bank Of Jamaica Designing New Reporting Forms To Capture Vital Information On The Extent Of Private-Sector Credit Being Provided To Micro, Small, And Medium-Sized Enterprises

JAMPRO Forecasting Expansion In Business And Investment Opportunities As Potential Investors Show Interest And Scouting Of Key Sectors.

The Jamaica Promotions Corporation (JAMPRO) is forecasting expansion in business and investment opportunities for the country as a result of increased interest and scouting of key sectors by potential investors. These include agri-business, business process outsourcing (BPO), energy, logistics, manufacturing and tourism, which were the focus areas at the recently held Jamaica Investment Forum (JIF). […]

Bank Of Jamaica Designing New Reporting Forms To Capture Vital Information On The Extent Of Private-Sector Credit Being Provided To Micro, Small, And Medium-Sized Enterprises