News Jamaica Economy: Is Jamaica’s invisible economy carrying the country?
Remittances reinforce this system. Jamaica consistently ranks among the top countries globally in remittance inflows relative to GDP, often exceeding 20 per cent of GDP in recent years. These flows ...
News Jamaica Economy: Jamaica’s recovery from Hurricane Melissa to take longer than expected, BOJ says
JAMAICA’S economy is now expected to take up to four years to recover from Hurricane Melissa, longer than previously forecast, as the Bank of Jamaica (BOJ) acknowledged lasting damage to growth and ...
News Jamaica Economy: Jamaica Blue Mountain Coffee Innovation Competition opens
Jamaica Tourism, through the Tourism Enhancement Fund announced an exciting addition to its 6th annual Jamaica Blue Mountain Coffee Festival.
News Jamaica Economy: IMF Applauds Jamaica, Projecting Nearly 4% GDP Growth
The economic performance of Jamaica for this year might be better than expected, according to the lastest forecast by the IMF.
News Jamaica Economy: Jamaica’s economy rebounds to pre-pandemic levels – BOJ
Jamaica’s economy continues to show strong growth, with the 5.9 per cent out-turn for the July to September 2022 quarter being higher than the Bank of Jamaica (BOJ) projection. This, according to BOJ ...
News Jamaica Economy: Economy recovering faster
BUOYED by the continuation of strong tourist arrivals, the reopening of the Jamalco alumina plant, and overall positive out-turns across most industries, the local economy is recovering faster tha...
News Jamaica Economy: Jamaica witnesses record tourist arrivals for October
Jamaica tourism sector is on track for record arrivals for the month of October 2022, surpassing pre-pandemic levels. According to Minister of Tourism, Hon. Edmund Bartlett, preliminary figures released by the Jamaica Tourist Board (JTB) for the first three weeks of October, show stopover visitor arrivals of 123,514. This topped figures for the same period […]
News Jamaica Economy: BPOs in Special Economic Zones to benefit from tax incentive
BUSINESS process outsourcing (BPO) companies operating within Special Economic Zones (SEZs) are now being afforded the benefit of employment tax credit (ETC), which provides business owners the ab...
News Jamaica Economy: Jamaica: The Next 'Investment Destination of Choice'
"Jamaica is rising as a leading Caribbean investment destination with its stable macro-economic outlook, growing sectors like logistics and outsourcing, and a favorable business environment. The ...
News Jamaica Economy: What would Jamaica's tourism product be like without crime?
Jamaica's life-giving tourism product continues to shine, a flag-bearer for the national economy, despite the odds created by runaway crime. Tourism Minister Mr Edmund Bartlett, like his predecessors ...
News Jamaica Economy: Holness to discuss economy on Bloomberg
Prime Minister Andrew Holness will discuss the state of Jamaica's economy in a sit down with Bloomberg on Friday. According to a release from the Jamaican Consulate in New York, the prime minister ...
