Search Result for: development bank of jamaica
177 results found.
Development Bank of Jamaica Sets Aside $20 Million for Tech Projects
Above: Kingston (CJ Photo) By the Caribbean Journal staff The Development Bank of Jamaica has put aside $20 million USD for potential on-lending to investors to support the construction of information and communications technology facilities, Prime Minister Portia Simpson Miller […]
Jamaica, Inter-American Development Bank Sign $60 Million Loan Contract
Above: Kingston (CJ Photo) By the Caribbean Journal staff Jamaica and the Inter-American Development Bank have signed a $60 million loan contract. The loan is the third tranche of financing for a public financial and performance management programme, according to […]
Caribbean Development Bank President Visits Jamaica
Above: Dr Warren Smith By the Caribbean Journal staff Caribbean Development Bank President Dr Warren Smith is currently on an official visit to Jamaica. Smith, who began the trip on Wednesday, said the CDB remained a “strong partner of Jamaica” […]
Jamaica Hotel Lists for $16 Million
By Joe Pike, Special Contributor to CJI To access this content, subscribe now. Choose from two tailored subscription options: Caribbean Journal Invest for comprehensive investment news or Caribbean Journal Travel Advisor for targeted content for travel agents and advisors. Subscribe […]
How Jamaica Is Rethinking Its Tourism Investment Strategy
Jamaica is looking to grow investment in the tourism industry “beyond the development of hotel rooms,” according to Tourism Minister Edmund Bartlett. That means developing opportunities for more projects in technology, infrastructure and services, he said. “The tourism industry is […]
Jamaica to Host Tourism Resilience Center
By Dana Niland CJ Contributor Jamaica will host a tourism resilience and crisis management center to deal with climate-related issues, according to Jamaica Tourism Minister Edmund Bartlett. The center, which will be located at the University of the West Indies, […]
Jamaica’s Big LED Street Light Project
The Caribbean Development Bank has approved $25 million in funding to replace existing street lights in Jamaica with high efficiency LED lamps. The project facilitate the replacement of approximately 105,000 high pressure sodium and mercury vapor streetlights. “Street lights are […]
Jamaica’s Opportunity to Shine
By DENNIS CHUNG CJ Contributor A few years ago someone asked me what I was passionate about. I mentioned that one of the things I really am passionate about is Jamaica and Jamaicans. It is that passion for Jamaica and […]
Jamaica’s Development Challenges
Exploring competitiveness and development in Jamaica By Dennis Chung CJ Contributor Recently the World Economic Forum released the Global Competitiveness Report 2016/17, which showed Jamaica improving its ranking from 86 of 140 to 75 of 138 countries. This was an […]
Jamaica Looks to Reform Real Estate Sector
The government of Jamaica is leading a push to reform the institutional structures relating to housing and to implement upgraded legislation for the operation and development of the real estate sector. During his keynote presentation at the Jamaica Mortgage Bank’s […]
How to Create Prosperity in Jamaica
By Dennis Chung CJ Contributor In order to secure power (spillover from the colonial system), both political parties in Jamaica, when they formed government, set about creating institutional loyalties, using the state bodies and security forces to cement their hold […]
Choosing Jamaica’s Future
“We are Jamaica’s problem” By Dennis Chung CJ Contributor I was sitting down to write this article on election day (February 25), after watching the lead-up to the election and the commentary from not only politicians but also us the […]
How Jamaica Is Boosting Its Startups
A startup ecosystem in Jamaica By Dana Niland CJ Contributor Start-Up Jamaica, a business incubator/accelerator program, is helping young technology entrepreneurs develop innovative products and services for the local and international markets. SUJ is a five-year public/private partnership between the […]
Foundations for Prosperity in Jamaica
A new approach By Dennis Chung CJ Contributor The World Bank recently released a paper called “Jamaica Economic Update Fall 2015”, in which it gave an update on the Jamaican economy and spoke to the necessity to achieve higher levels […]
In Jamaica, Demystifying Cuba
Exploring the Cuba opportunity By Dana Niland CJ Contributor International and local experts in the investment and trade fields came together to discuss opportunities, challenges, and procedures for business in Cuba at the Cuba Demystified business forum in Jamaica. JAMPRO […]
How Open Data Can Help Caribbean Development
A push for transparency By Gerard Best CJ Contributor Across the Caribbean, governments are moving their essential services to digital platforms and generating more data than ever. Yet much valuable public information remains locked away in proprietary systems, beyond the […]
How Jamaica Is Providing Access to Green Tech
A new project By Dana Niland CJ Contributor The United States Agency for International Development (USAID) has partnered with First Global Bank (FGB) to offer loans to businesses and individuals for the installation of climate-smart technologies in Jamaica. The loans […]
The World Bank Has a New Country Manager in Jamaica
New appointee for the World Bank By the Caribbean Journal staff The World Bank has named Galina Sotirova its new country manager for Jamaica, the organization announced. Sotirova, who assumed duties July 1, has now moved to Kingston to begin […]
Jamaica Getting $130 Million Loan to Help Stimulate Economic Growth
A major financing program By the Caribbean Journal staff Jamaica is getting a $130 million loan from the Inter-American Development Bank, the organization announced. The loan aims to strengthen Jamaica’s structural program for economic growth. “The Jamaican government has been […]
Major Road Project in Jamaica Allocated $28.9 Million in Funding
Above: Jamaica (CJ Photo) By the Caribbean Journal staff A major road project in Jamaica is getting a big boost. Jamaica’s “Major Infrastructure Development Programme” has received a budget allocation of $28.9 million USD in the country’s most recent proposed […]
Jamaica Gets Boost to Climate Change Mitigation Efforts
Above: Finance and Planning Minister, Dr Peter Phillips (left), and Inter-American Development Bank (IDB) Country Representative for Jamaica, Therese Turner-Jones By the Caribbean Journal staff Jamaica is getting a boost to its efforts to improve its resilience to climate change. […]
Jamaica’s Prospects in 2015
By Dennis Chung CJ Contributor AS we come to the end of 2014, it is traditional for us to think about what will happen in the New Year. Apart from tradition, however, the end of a year is always used […]
Jamaica Receiving Funding to Improve Climate Change Resilience
Above: Jamaica (CJ Photo) By the Caribbean Journal staff Jamaica is receiving new funding from the Inter-American Development Bank to improve the country’s resilience to climate change. The funding includes a $10 million “highly” concessionary loan and a $7,895,000 grant […]
Jamaica’s First “Smart City?”
Above: the audience at the Western Jamaica Economic Forum By the Caribbean Journal staff Could Montego Bay become Jamaica’s first “Smart City?” That’s the possibility under the Inter-American Development Bank’s Emerging and Sustainable Cities Initiative, which will be launched next […]
St Maarten Mulls Membership in Caribbean Development Bank
Above: talks between St Maarten and CDB officials By the Caribbean Journal staff St Maarten is considering an application to become a member of the Caribbean Development Bank. A delegation led by CDB President Dr Warren Smith arrived in Philipsburg […]
Texaco Planning to Add Solar Panels to Gas Stations in Jamaica
Above: State Minister in Jamaica’s Ministry of Science, Technology, Energy and Mining Julian Robinson at a Texaco station (JIS Photo) By the Caribbean Journal staff Texaco is planning to retrofit all of its service stations in Jamaica with solar energy. […]
Jamaica Finance Minister Peter Phillips to Visit United States, Europe
Above: Jamaica Finance Minister Peter Phillips (left) and Bank of Jamaica Governor Brian Wynter (right) will both be on the trip By the Caribbean Journal staff Jamaica Finance Minister Dr Peter Phillips will be heading to Europe and the United […]
Jamaica Finalizing $50 Million “Growth and Competitiveness” Project
Above: Industry, Investment and Commerce Minister Anthony Hylton By the Caribbean Journal staff Jamaica’s government is currently in the midst of finalizing a $50 million “growth and competitiveness” project with the World Bank, according to Industry, Investment and Commerce Minister […]
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