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JP’s Investments For The Immediate Future Will Be Focused Primarily On Internal Opportunities

JP, as a portfolio of businesses, is well placed to continue to improve shareholder returns. JP’s multi-national operations expose the Group to a wide range of opportunities that we believe we have the resources and capacity, both human and otherwise, to realise. In recent years JP’s growth was centred on acquisitions and structured investments in […]

From Vision To Reality: My Journey To Becoming An Entrepreneur

Government of Jamaica Exploring Feasibility Of Utilizing Accounts Receivables Asset-Based Financing As A Funding Option For Micro, Small And Medium-Size Enterprises

The Government of Jamaica is exploring the feasibility of utilizing accounts receivables asset-based financing as a funding option for micro, small and medium-size enterprises (MSMEs). The concept allows business owners to access capital that is secured by outstanding invoices or money owed by clients procuring goods and services on credit. Minister of Finance and the […]

JMMB Group Limited Announces US$200 Million Investment in Alignvest Acquisition II Corporation (New Sagicor)

BOJ Should Continue Reducing Its Foreign Exchange Footprint, Including Limiting Sales To Disorderly Market Conditions

The Executive Board of the International Monetary Fund (IMF) is reporting that the 2.4 per cent inflation rate out-turn recorded in October 2018, which triggered a staff consultation under the Monetary Policy Consultation Clause, remained unchanged in February 2019. Further monetary easing is needed to restore inflation to the midpoint of the four to six […]

JMMB Group Limited Announces US$200 Million Investment in Alignvest Acquisition II Corporation (New Sagicor)

Strong Implementation Of Jamaica’s Economic Reform Programme Continues To Yield Significant Dividends.

The Executive Board of the International Monetary Fund (IMF) says Jamaica’s Government ongoing strong implementation of Jamaica’s Economic Reform Programme (ERP), continues to yield significant dividends. The Board notes that consequent on commendable performances under two successive Fund arrangements since May 2013, Jamaica’s public debt is projected to fall below 100 per cent of gross […]

JMMB Group Limited Announces US$200 Million Investment in Alignvest Acquisition II Corporation (New Sagicor)

Jamaica Producers Group and Wisynco Group to partner on JP Snacks Caribbean Business

Jamaica Producers Group Limited (JP) has entered into an agreement with Wisynco Group Limited (‘WISYNCO’) to transfer 30% of the shares in its subsidiary JP Snacks Caribbean Limited (‘JP Snacks’). JP will hold the remaining 70 % percent of JP Snacks. The transaction values JP Snacks at J$2.4 billion and sees WISYNCO investing J$720 million […]

JMMB Group Limited Announces US$200 Million Investment in Alignvest Acquisition II Corporation (New Sagicor)

itelbpo Expanding Its Operation in Kingston

Locally owned contact center and business process outsourcing (BPO) company, itelbpo, is adding 20,000 square feet of space to its Kingston-based operations by the end of May in its drive to create 1,000 new jobs in 2019. “The discussions to expand our Kingston site started in the fourth quarter of 2018 and buildout began on […]

To Succeed As A Nation In Harnessing The Opportunities That Exist With The Fourth Industrial Revolution We Must Engage Micro, Small And Medium-Sized Enterprises.

JMMB Group’s Pension Fund in the Dominican Republic is the Top-Performing Fund

JMMB Group’s pension fund in the Dominican Republic, AFP JMMB BDI, was the top-performing pension fund of the seven players in that market, as it provided its clients with a return of 9.19%; when compared to the market’s average of 7.5% on retirement savings, at the close of 2018. The results were revealed by the […]

JMMB Group Limited Announces US$200 Million Investment in Alignvest Acquisition II Corporation (New Sagicor)

The Ease Of Doing Business Plays A Crucial Role In The Country’s Economic Development As Well As Boosts Investor Confidence

Prime Minister, Andrew Holness, says the ease of doing business plays a crucial role in the country’s economic development as well as boosts investor confidence. Delivering the keynote address at the ceremony to break ground for the 800-room luxury Amaterra Resort in Stewart Castle, Trelawny, recently, Mr. Holness said that it is extremely important to […]

JMMB Group Limited Announces US$200 Million Investment in Alignvest Acquisition II Corporation (New Sagicor)

Development Bank Of Jamaica Programmed Initiatives For 2019/20 Projected To Facilitate Investments Totaling Some JA$26.4B And Engagements Targeting 220 New Companies.

Development Bank of Jamaica (DBJ) programmed initiatives for 2019/20 are projected to facilitate investments totaling some JA$26.4 billion and engagements targeting 220 new companies. As stated in the 2019/20 Jamaica Public Bodies Estimates of Revenue and Expenditure, the entity’s activities are expected to yield loan disbursements totaling $7.6 billion, as against $3.8 billion for the […]

JMMB Group Limited Announces US$200 Million Investment in Alignvest Acquisition II Corporation (New Sagicor)

Consumer And Business Confidence In The Jamaican Economy Remain Positive, With Both Indices Recording Increases For The First Quarter Of 2019.

The consumer confidence index was 177.5 points compared to the 175.5 points in the fourth quarter of 2018, while the business confidence index increased to 151 points. This was disclosed at a press conference held yesterday at the Spanish Court Hotel in New Kingston. The survey of consumer confidence and the survey of business confidence […]

JMMB Group Limited Announces US$200 Million Investment in Alignvest Acquisition II Corporation (New Sagicor)