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Government Of Jamaica Working To Establish Better Relationships Between Local Cannabis Industry And Banks In USA

Minister of Industry, Commerce, Agriculture and Fisheries, Audley Shaw, says the Government is working on establishing better relationships between dealers in the local cannabis industry and banks in the United States, for growth of the developing sector. At the launch of CanEx Jamaica Business Conference and Expo, on Wednesday (September 4), at the Spanish Court […]

New Investors To Benefit From Immediate Activation Of Jamaica Central Securities Depository Accounts.

JMMB Bank Loan Portfolio Outpaces Industry During its 2018/19 FY

Kingston, Jamaica. Monday, September 2, 2019… JMMB Bank, the newest commercial bank in Jamaica, saw growth of 26% in its loan portfolio, year-over-year, for the period ending March 31, 2019; totaling J$6.94 billion. This performance sets JMMB Bank ahead of the local banking industry’s 16.9% loan portfolio growth rate, over the same one-year period. JMMB […]

New Investors To Benefit From Immediate Activation Of Jamaica Central Securities Depository Accounts.

JAMPRO Looking Towards Stimulating The Development Of More Technology Parks Across Jamaica

The Jamaica Promotions Corporation (JAMPRO) will be facilitating various initiatives to reposition the country to be more competitive in the higher value-added segments in the outsourcing sector. Speaking at a recent Think Tank, President of JAMPRO, Diane Edwards noted that the Agency has developed a strong marketing strategy for the industry, with primary focus on […]

New Investors To Benefit From Immediate Activation Of Jamaica Central Securities Depository Accounts.

4.3% Rate Of Inflation Recorded For July 2019 Represents Third Consecutive Month That The Out-Turn Remained Within The Institution’s 4-6% Target Range – BOJ

The Bank of Jamaica (BOJ) says the 4.3 per cent rate of inflation recorded for July 2019 represents the third consecutive month that the out-turn remained within the institution’s four to six per cent target range. In a statement this week, the Central Bank said the marginal 0.1 per cent uptick, which was 1.1 per […]

New Investors To Benefit From Immediate Activation Of Jamaica Central Securities Depository Accounts.

Demand For And Use Of LNG Globally Increasing As The Effects Of Climate Change Become More Evident

Science, Energy and Technology Minister, Fayval Williams has noted that the demand for and use of LNG globally is increasing, and that as the effects of climate change become more evident, governments across the world are working assiduously to reduce harmful emissions, while increasing access to affordable power for their citizens. She was speaking at […]

New Investors To Benefit From Immediate Activation Of Jamaica Central Securities Depository Accounts.

Jamaicans Have The Appetite To Invest In The Energy Sector.

Science, Energy and Technology Minister, Fayval Williams, says the overwhelming response to the sale of shares in Wigton Windfarm to the public by the Government, clearly demonstrates that Jamaicans have the appetite to invest in the energy sector. The Wigton Initial Public Offer (IPO), which was oversubscribed by $9 billion, saw approximately 31,000 Jamaicans purchasing […]

New Investors To Benefit From Immediate Activation Of Jamaica Central Securities Depository Accounts.

Scientific Research Council Slated To Commence Medical Cannabis-Related Evaluations In September.

The Scientific Research Council (SRC) is slated to commence medical cannabis-related evaluations in September. Executive Director, Dr. Cliff Riley, says this is among the initiatives being undertaken in support of the industry’s buildout through partnerships forged with the Cannabis Licensing Authority (CLA). Speaking during a recent Think Tank in Kingston Dr. Riley said the SRC […]

New Investors To Benefit From Immediate Activation Of Jamaica Central Securities Depository Accounts.

Plans Underway To Establish A Centre In Jamaica To Further Advance Plant-Based Medicine Research

Industry, Commerce, Agriculture and Fisheries Minister, Audley Shaw, says there are plans to establish a centre in Jamaica to further advance plant-based medicine research. Mr. Shaw announced recently that a programme of cooperation involving noted Jamaican scientist and businessman, Dr. Henry Lowe; Dr. Julius Garvey, son of National Hero, the Right Excellent Marcus Garvey; and […]

New Investors To Benefit From Immediate Activation Of Jamaica Central Securities Depository Accounts.

Sale Of Summit Broadband Will Allow Cable Bahamas To Focus Resources On REV And ALIV, Their Core Bahamian Operations

Cable Bahamas Limited (CAB), which is listed on the main market of the Jamaica Stock Exchange, has advised that their Board of Directors on August 16, 2019, signed a definitive agreement to sell Summit Vista LLC to Grain Management LLC for $332,500,000. The agreement follows a multiple stage bid process led by RBC Capital Markets. […]

New Investors To Benefit From Immediate Activation Of Jamaica Central Securities Depository Accounts.

Inter-American Development Bank Believes Jamaica’s Proposed Transformation To A Fully Digital Economy Will Enhance Public Service Delivery

Inter-American Development Bank (IDB) Caribbean Country Manager, Therese Turner-Jones, believes Jamaica’s proposed transformation to a fully digital economy will enhance public service delivery and, by extension, the lives of persons accessing attendant provisions. Among the potential benefits to be derived, she says, are the streamlining of benefits, so that they get to where they ought […]

New Investors To Benefit From Immediate Activation Of Jamaica Central Securities Depository Accounts.