Prime Minister, the Most Hon. Andrew Holness, says investments being made in improving operations at the Kingston Freeport Terminal Limited (KFTL) are helping to boost the country’s logistics initiative. The Government’s logistics project aims to position Jamaica as the fourth global logistics connecting point, comparable to Singapore, Dubai and Rotterdam, to help transform the economy and create jobs. A key...

Prime Minister, the Most Hon. Andrew Holness, says while Jamaica is not immune to its share of economic challenges, the fact still remains that more Jamaicans are employed today than at any other time in the nation’s history. Speaking at the official opening of the 120-room S Hotel in Montego Bay, St. James, on January 27, Mr. Holness said this...

Prime Minister, the Most Hon. Andrew Holness, says the Government will, in the coming months, be looking at all the assets under its portfolio with the intention of making them available to the private sector. Speaking at the official opening of the 120-room S Hotel in Montego Bay, St. James, on January 27, Mr. Holness added that while he sees...

The level of confidence in the economy by both businesses and consumers continued to rise in the fourth quarter of 2018. The consumer confidence index was 175.5 points compared to the 172.6 points in the third quarter, while the business confidence index increased to 147 points. This was disclosed at a press conference held on January 22 at the Jamaica...

Prime Minister, the Most Hon. Andrew Holness, says Jamaica remains in good shape, based on notable economic out-turns and indicators that continue to emerge. “News about our performance is not superficial; profound changes are taking place in our economy,” the Prime Minister said. He was delivering the keynote address at the opening ceremony for the Jamaica Stock Exchange (JSE) 14th...

President of the Jamaica Manufacturers and Exporters’ Association (JMEA), Metry Seaga, says the upcoming Jamaica International Exhibition (JIE) will be another opportunity for local businesses to promote their goods and services to an international audience. Slated for the Montego Bay Convention Centre in Rose Hall, St. James, from May 30 to June 1, Mr. Seaga said the trade show will...

The Jamaica Manufacturers and Exporters’ Association (JMEA) will be pushing to capitalise on business opportunities that are available in the international market, says the entity’s President, Metry Seaga. “We are surrounded by an abundance of opportunities for Jamaican exports,” he said. “The United Kingdom’s (UK) import market grew by one per cent in 2017, which amounted to US$4.9 billion, while...