Home Tag "Jamaica"

STATIN Reporting Jamaican Economy Grew By 1.4% In Q1 Of 2018

The Statistical Institute of Jamaica is reporting that the Jamaican economy grew by 1.4 percent in the first quarter of 2018 when compared to the similar quarter of 2017. This the report said was the result of improved performance in both the Goods Producing and the Services Industries, which grew by 2.8 and 0.9 percent […]

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

China Now The Biggest Source Of Foreign Direct Investments For Jamaica.

Bilateral trade between Jamaica and the People’s Republic of China increased from US$58 million in 2000, to US$382 million in 2017. This, according to Commercial Counsellor, Economic and Commercial Counsellor’s Office, Embassy of the People’s Republic of China in Jamaica, Jianghong Fan. He notes that Jamaica remains his country’s largest trading partner in the English-speaking […]

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

Jamaica’s ICT Knowledge Services Sector Accounted For 58% Of Jobs Created During Last Financial Year – Vaz

Jamaica’s Minister without Portfolio in the Ministry of Economic Growth and Job Creation, Daryl Vaz is reporting that the Information Communication Technology (ICT)/Knowledge Services sector accounted for approximately 58 per cent of jobs created during the last financial year. He noted that over 60 companies currently offer call centre and Business Process Outsourcing (BPO) services, […]

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

Jamaica To Tackle Issue Of Food Imports In Tourism Industry Head-On

Jamaica’s Minister of Industry, Commerce, Agriculture and Fisheries, Audley Shaw, says the Ministry intends to tackle the issue of food imports in the tourism industry head-on. The majority of the island’s total food imports, about 60 per cent, are directed to the hotel, restaurant and institutional (HRI) sector. Mr. Shaw said it should not be […]

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

IMF Gives High Marks For Jamaica’s Performance Under Stand-By Arrangement, Programme Implementation Remains Strong, Public Debt Firmly On A Downward Trajectory.

The International Monetary Fund (IMF) has given high marks for Jamaica’s performance under the Stand-By Arrangement (SBA), saying programme implementation remains strong, with public debt firmly on a downward trajectory. In its recently released Executive Board Review, the Fund highlighted that strong programme implementation continues to anchor macroeconomic stability. All quantitative performance criteria and structural […]

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

Tourism Sector Earned US$3B, And Placed US$1B In The Pockets Of Jamaicans

Minister of Tourism, Edmund Bartlett, says tourism has been the catalyst for the growth of the Jamaican economy, as it has enabled the value-added which lifted the gross domestic product and indeed the growth rate on an annual basis. Speaking at a Jamaica Centre of Tourism Innovation pilot review luncheon at the Montego Bay Convention […]

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

Businessuite 2017 Top 10 JAMAICA CEO Junior Market by % change in US$ Profit after Tax

Nat Rank Nat Rank Carib Rank US$000 US$000 % 2017 2016 2017 Chief Executive Officer Listed Company 2016/17 2015/16 Change 1 NR 3 David Lowe Caribbean Producers Jamaica Limited $2,589 $1,051 146.34% 2 NR 5 Andrew Jackson JETCON Corporation Limited $771 $336 129.66% 3 8 7 John Mahfood Jamaican Teas Limited $1,141 $600 89.96% 4 […]

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Businessuite 2017 Top 10 JAMAICA CEO Main Market by % change in US$ Profit after Tax

Nat Rank Nat Rank Carib Rank US$000 US$000 % 2017 2016 2017 Chief Executive Officer Listed Company 2016/17 2015/16 Change 1 5 1 Jeffrey Hall Jamaica Producers Group Limited $33,557 $5,111 556.54% 2 7 2 Christopher Williams Proven Investments Limited $11,462 $4,283 167.62% 3 NR 4 Musafa Turra Berger Paints Jamaica Limited $2,457 $1,016 141.87% […]

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Businessuite 2017 Top 10 Jamaica Main Market Companies By US$ Revenue

Nat Rank Nat Rank Carib Rank LC$000 US$000 LC$000 US$000 2017 2016 2017 Listed Company 2016/17 2016/17 2015/16 2015/16 1 1 4 GraceKennedy Limited $88,267,589 $687,226 $79,742,230 $663,192 2 3 7 Sagicor Group Jamaica Limited $59,700,875 $464,814 $54,998,042 $457,402 3 2 8 National Commercial Bank Jamaica Ltd. $52,057,709 $405,306 $47,472,915 $394,818 4 5 11 Supreme […]

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Businessuite 2017 Top 10 JAMAICA Jnr Market Companies By US$ Profit After Tax

Nat Rank Nat Rank Carib Rank LC$000 US$000 LC$000 US$000 2017 2016 2017 Company 2016/17 2016/17 2015/16 2015 1 1 42 Lasco Manufacturing Limited $707,254 $5,506 $826,198 $6,871 2 NR 43 Access Financial Services Ltd. $678,477 $5,282 $599,881 $4,989 3 2 45 Lasco Distributors Limited $609,678 $4,747 $716,751 $5,961 4 4 49 General Accident Insurance […]

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