Search Result for: development bank of jamaica

177 results found.

Jamaica Testing Conditional Cash Transfer Job Training Initiative

Above: Kingston (CJ Photo) By the Caribbean Journal staff Jamaica is testing an on-the-job training initiative targeting families that participate in the country’s conditional cash transfer programme. The pilot project, financed by the Inter-American Development Bank, will subsidize as many […]

Green Hotel Project Launches in Jamaica

Above: Half Moon in Jamaica By the Caribbean Journal staff A new programme aimed at helping Caribbean hotels go green officially launched in Jamaica last week. The Caribbean Hotel Energy Efficiency and Renewable Energy Action Advanced Programme (CHENACT AP), which […]

Jamaica to Privatize Management at Kingston’s Norman Manley Airport

Above: Norman Manley International Airport By the Caribbean Journal staff Jamaica’s government is planning to privatize management at the Norman Manley International Airport in Kingston by 2014, Transport Minister Omar Davies announced. The move will be implemented through a public-private […]

Dennis Chung: Business and Consumer Confidence in Jamaica

By Dennis Chung CJ Contributor LAST YEAR, when the Jamaica Chamber of Commerce (JCC) reported that consumer and business confidence were at their highest level for years, many persons were excited about the prospects. I remember speaking with Ralston Hyman […]

Hylton: Logistics Hub Project Could “Transform” Jamaica’s Economy

Above: Jamaica Industry Minister Anthony Hylton (JIS Photo) By the Caribbean Journal staff The logistics hub project which Jamaica’s government has made priority has the potential to transform the country’s economy, according to Industry Minister Anthony Hylton. The Minister was […]

Chicago Tribune Editorial Calls Jamaica “Greece of the Western Hemisphere”

Above: Kingston (CJ Photo) By the Caribbean Journal staff Jamaica is the “Greece of the Western Hemisphere,” according to an editorial published Tuesday by the Chicago Tribune newspaper. The editorial, subtitled “The Greece of the Western Hemisphere,” said that while […]

Op-Ed: Jamaica and Wall Street

By David Rowe Op-Ed Contributor THE FACT THAT Barbados’ government bonds have been downgraded to junk status was not a good development for the reputation of the Commonwealth Caribbean in international financial markets. Both Moody’s and Standard and Poors now […]

Jamaica Receives $30 Million Loan from IDB for Social Protection Initiatives

Above: Kingston (CJ Photo) By the Caribbean Journal staff The Inter-American Development Bank has approved a $30 million loan to support social protection programmes in Jamaica. The funding will target beneficiaries of the Programme of Advancement through Health and Education […]

S&P Lowers Credit Rating on Caribbean Development Bank; Outlook Negative

Above: Barbados, home to the CDB, is current on its obligations to the bank (CJ Photo) By the Caribbean Journal staff Standard & Poor’s has lowered the long-term foreign currency credit rating on the Caribbean Development Bank to “AA” from […]

Jamaica “On the Cusp” of Hotel Boom

Above: the Half Moon resort in Jamaica By the Caribbean Journal staff Jamaica’s hotel sector could soon see a surge in development, according to Finance Minister Dr Peter Phillips. While the country’s tourism sector was, like the rest of the […]

Jamaica’s Paulwell Urges Small Businesses on Green Energy Loan Facility

Above: Montego Bay By the Caribbean Journal staff A joint fund from the Development Bank of Jamaica and PetroCaribe is offering a loan facility for small businesses in Jamaica to green their energy operations, and Energy Minister Phillip Paulwell is […]

Jamaica: Forensic Audit Finds Breaches in JDIP Infrastructure Project

Above: Works Minister Dr Omar Davies By the Caribbean Journal staff A forensic audit of has found a number of breaches in two major infrastructure projects in the country, according to Works Minister Dr Omar Davies. The audit revealed a […]

Op-Ed: The Internationalization of Jamaica’s Small Business Sector

By Richard Kildare Op-Ed Contributor The challenges in developing any economy are many. It is prove, however, that through the infrastructural development of small businesses and entrepreneurship, this sector can account for employing more than 60 to 80 percent of […]

Op-Ed: Harnessing the Power of Small Business in Jamaica

By Richard Kildare Op-Ed Contributor It is a fact that micro, small and medium-sized enterprises are critical to the development of every nation’s growth. It is not a position that can be seriously disputed; MSME’s are a virtual powerhouse and […]

In Jamaica, a New Tack on Sport

Above: Usain Bolt By the Caribbean Journal staff Jamaica’s University of Technology has launched a new project aimed at developing a new commercial sports business model in the country. The programme, “Development of Sports Business Value Chains in Jamaica,” which […]

Op-Ed: Garvey and Race in Jamaica

By David Rowe Op-Ed Contributor Do the banks, business houses, stock brokerage firms, law firms and hotels in Jamaica treat whites and blacks in the same way? Is race still a very important issue in modern Jamaica? Jamaica’s most distinguished […]

Op-Ed: Three Forgotten Architects of Jamaica’s Independence

By David Rowe Op-Ed Contributor Jamaica has many heroes about whom we spend a great deal of time writing and teaching. However, there are some who contributed mightily to the development of the new Jamaica who tend to be forgotten. […]

World Bank: Central America, Caribbean Can Reduce Dependence on Oil

Above: a wind farm in Nevis (CJ Photo) By the Caribbean Journal staff Central American and Caribbean countries can reduce their dependence on oil through a combination of renewable energy, energy efficiency initiatives and regional energy integration, according to a […]

United Kingdom to Contribute Funding for Citizen Security in Jamaica

By the Caribbean Journal staff A citizen security programme aimed at reducing crime and violence in Jamaica’s high-risk cities will receive a $11.2 million from the United Kingdom’s Department for International Development. Jamaica, which has the highest homicide rate in […]

Op-Ed: A Real Estate Crisis in Jamaica?

By Ramesh Sujanani Op-Ed Contributor ALTHOUGH JAMAICA’S ECONOMY is showing some sign of stability, the housing market has yet to reflect this situation. Property sales are slow, and the demand for rentals is ever increasing; so much so that rentals […]

Jamaica’s Peter Phillips: Small Businesses “Critical” to Economic Rebound

Above: Finance Minister Dr Peter Phillips and Industry Minister Anthony Hylton (JIS Photo) By the Caribbean Journal staff Jamaica’s small business sector is a critical part of the country’s economic recovery, according to Finance Minister Dr Peter Phillips. The Minister […]

Op-Ed: Is It Time for Chaguaramas 2.0? Jamaica’s Youth Can Lead the Way

By Fabio Pittaluga Op-Ed Contributor Today, as CARICOM Heads of Government meet to deliberate in Castries, St Lucia, trying to extricate their nations from the crosshairs of the deepest recession since the Community’s 1973 formation by the Treaty of Chaguaramas, […]

Jamaican Small Businesses Going Green through New DBJ Programme

Above: DBJ Managing Director Milverton Reynolds, DBJ Project Coordinator Christopher Brown, Minister of State Julian Robinson and CAC 2000’s Steven Marston By the Caribbean Journal staff Jamaican small businesses are getting a green boost thanks to a new project from […]

Op-Ed: Jamaica, Greece and Putting the People Before the Creditors

By Jake Johnston Op-Ed Contributor Jamaica is barely emerging from its worst economic downturn in the last 30 years. Even after positive growth returned in 2011, the economy remains 3 percent below its 2007 level, and with anaemic growth projected […]

Jamaica’s Budget Targets Northern Coast

Above: Negril By the Caribbean Journal staff Jamaica’s government has set aside just under $26 million (J$2.25 billion) for a group of projects aimed at improving the infrastructure on the country’s northern coast. The allocation will be executed through the […]

Jamaica’s Debt Interest Payments Were World’s Highest in 2011: Report

Above: Kingston By the Caribbean Journal staff Jamaica’s “unsustainable public debt burden” continues to displace needed investments, preventing long-term growth, according to a new paper from the Center for Economic and Policy Research. In 2011, Jamaica had the highest debt […]

Jamaica’s Government Could Decrease Budget Allocations Based on Energy Bills

Above: Energy Minister Phillip Paulwell By the Caribbean Journal staff Jamaica’s government is looking to decrease energy consumption across the island, and that could mean lowering budgetary allocations for governmental departments whose energy bills go up. That was the message […]

Jamaica’s Young Footballers to Train with Spain’s Valencia Academy

Above: the briefing at the Spanish Court hotel (JIS Photo) By the Caribbean Journal staff A group of 190 young footballers in Jamaica will play for the chance to train with Valencia Football Club in Spain this month, as part […]

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