Moody's Investors Services has upgraded Jamaica's credit rating from a Caa2 rating to a B3 rating. This is a positive encouragement to the country's increased efforts to improve fiscal consolidation and other reforms that are being implemented to...
How has the economy been growing?The Jamaican economy grew by zero per cent for the July to September quarter of the 2016-2017 fiscal year after teasing us with growth of 1.2 per cent for the April to June quarter as a result of improvements in...
How did Jamaica perform this year?Jamaica currently ranks 64th in the World Doing Business Report 2016, little worse than its rank of 58th in 2015, although coming from as low as ranking 94th in 2014. Jamaica continues to perform well on the books...
In this globalised business environment, persons who wish to invest in stocks and bonds can do so with relative ease compared to 20 years ago. The global appetite for stock investments has been evolving - as more people see the need for investment,...
Where is the exchange rate now?The exchange rate ended closing day on Tuesday at little less than J$128 to US$1. Coming from approximately $120 to $1 at the start of January 2016, consumers anticipated the rate to plateau at US$125 to J$1 the most....
How did his presentation begin?Prime minister Andrew Holness delivered his Budget presentation last week Tuesday. As part of the new fiscal management regime, Jamaica will put legislation in place to have a fixed election date in an attempt to reduce...
Engineering economic growth is not a guessing game. The dynamics of stimulating a macroeconomy changes from business cycle to business cycle. However, one fundamental principle remains the same - sustained growth is driven by increased productivity...
The eagerly anticipated Budget presentation was delivered by the minister of finance on Thursday, May 12, 2016. The Government announced that it would increase the income tax threshold to $1 million as of July 1, 2016, for...
What are people anticipating from the Budget today?Today, the Government announces the highly anticipated tax revenue package that will dictate the country's fiscal policy stance for the year 2016-2017.Most people are eagerly awaiting the...
In light of the popularity of our discussion recently on the issues of successfully starting a business in Jamaica, this week we give you Part II of such challenges that have continued to stifle growth, reduce the probability and survival of micro,...
