Category Archives: Finance

Perspectives on Jamaican Economy

Perspectives on the Jamaican Economy:

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Jamaican Dollar Under Pressure

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IMF Completes First Review under Extended Fund Facility Arrangement for Jamaica and Approves US$30.6 Million Disbursement

IMF Completes First Review under Extended Fund Facility Arrangement for Jamaica and Approves US$30.6 Million Disbursement Let’s hope that Jamaica will be able to secure additional funding from other sources now that this test has been passed because the US$30.6 … Continue reading

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Jamaica Stock Exchange Junior Market Threatened

“Incentive working group may kill jobs Aubyn Hill, Financial Gleaner Columnist “The road to hell is paved with good intentions”. The English writer Samuel Johnson, who lived in the 18th century, used that aphorism often, but researchers treat it as … Continue reading

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Remittances to Jamaica Down

Remittances to Jamaica Down Remittances account for 13.8% of Jamaica’s GDP. Well, guess what? Remittances are down 4.8% for June 2013 when compared to June last year. In other words, net remittances fell from US$153.1 million in June 2012 to … Continue reading

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JGX Labs Perspectives

Below are some perspectives from Ingrid Riley on the website “Silicon Caribe” about the announcement that JGX labs, a business incubator founded by JJ Geewax will be officially launched in New Kingston, Jamaica today. We think the initiative is definitely … Continue reading

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Moguls in the Making 2013

Congratulations to the Moguls in the Making 2013 awardees. Good to see the initiative continuing from last year. “REACH Academy, SIEAE, and SolWind Energy are the Jamaica Observer Mogul in the Making programme’s Ones to Watch for 2014. The People’s … Continue reading

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JSE IPO Oversubscribed

Congrats JSE. “The initial public offering of the Jamaica Stock Exchange (JSE) shares closed on Monday, a day ahead of the deadline for subscriptions because it was oversubscribed by 41 per cent. The IPO opened on Friday, July 5 and … Continue reading

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Net International Reserves June 2013

The Net International Reserves for June 2013 ended up above the US$1 billion mark as it increased by US$14.36 million. Despite this, the Jamaican dollar is still under pressure as it closed at $101.901 on July 9, 2013.

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Fabulous, Fashionable & Financially Focused Conference

Ladies are always Big in Jamaica. As such, ladies look out for this conference next week Friday, July 12, 2013. The Fabulous, Fashionable & Financially Focused conference is geared towards home makers, self employed and professional women who want to … Continue reading

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