The International Monetary Fund (IMF) has given high marks for Jamaica’s performance under the Stand-By Arrangement (SBA) with the Fund, saying “commitment to the economic reform programme remains strong”, with “economic indicators at historical highs, supported by a favourable macroeconomic environment”. In its recently released 70-page review of Jamaica’s economic performance, the IMF notes that “unemployment is falling, new jobs...

Prime Minister, the Most Hon. Andrew Holness, says as one of the fastest-growing cities in the Caribbean, Montego Bay is very important to the Government’s growth strategy. Speaking at the official opening of the GWest Medical Centre in Fairview, Montego Bay, on November 2, Mr. Holness pointed out that Montego Bay is being positioned as a major centre for business,...

Plans by the government are in the offing to convert lands around Hope Gardens in St. Andrew into a technology park. Minister without Portfolio in the Economic Growth and Job Creation Ministry, Hon. Horace Chang confirmed that by the end of 2018, the first 300,000 square foot of space will be established to employ up to 6,000 individuals. “We know...

Farmers and exporters are capitalising on the services at the Montego Bay Export Centre, which was established by the Government to meet their export needs. Export Complex Manager at the Plant Quarantine Produce/Inspections Branch in Montego Bay, Dalton Hastings, says agricultural exports via the Centre, which is located at the Sangster International Airport, are growing rapidly, due to the increasing...

Minister without Portfolio in the Economic Growth and Job Creation Ministry, Hon. Dr. Horace Chang, says the active engagement of workers is critical to the overall development and growth of Jamaica’s economy. He said it is advantageous for Jamaican businesses, as well as the local economy, when employees are motivated or properly engaged according to their professional strengths and natural...

Mayor of May Pen, Councillor Winston Maragh, is calling for citizens of Clarendon to form themselves into groups in order to tap into resources that have been provided by international entities for development projects. He said communities need to follow the example of the Peckham Community Development Committee, which was able to secure US$130,000 from the Organization of American States...

The Jamaica Promotions Corporation (JAMPRO) has been coordinating various initiatives aimed at strengthening the local business process outsourcing (BPO) sector to make it a major contributor to economic growth and job creation. Speaking with JIS News, President of JAMPRO, Diane Edwards, said that the activities and initiatives are intended to provide an additional 11,000 BPO jobs for this fiscal year....