KINGSTON, Jamaica, October 5, 2021 | The Shadow Minister of Industry, Investment & Global Logistics, Anthony Hylton, MP, is supporting the call by the Jamaica Manufacturers and Exporters Association (JMEA) for the Bank of Jamaica (BOJ) to rescind its decision to increase the deposit interest rate from 0.5% to 1.5%.
KINGSTON, Jamaica, August, 2021m -The Planning Institute of Jamaica is estimating the island's Hotel and Restaurant Sector to have grown by a huge 330.7 per cent during the April to June 2021 quarter, to lead all Goods Producing and Services industries recording growth during the period.
KINGSTON, Jamaica August 26, 2021 - The Planning Institute of Jamaica (PIOJ) says the real Gross Domestic Product (GDP) for the Jamaican economy grew by an estimated 12.9% in the April to June 2021 quarter compared with the corresponding quarter of 2020.
KINGSTON, Jamaica, Aug- 23, 2021 - The Bank of Jamaica (BOJ) is reporting that pilot implementation of a local Central Bank Digital Currency (CBDC), which commenced in June, remains on schedule.
KINGSTON, Jamaica, August 23, 2021 - Bank of Jamaica (BOJ) Governor, Richard Byles, says the country’s growth outturn for fiscal year 2021/22 is likely to be higher than previously anticipated. This, he said, considering the stronger than expected improvements in the economies of Jamaica’s main trading partners from the fallout sparked by the coronavirus (COVID-19) pandemic.
KINGSTON, Jamaica July 17, 2021 - The number of Jamaicans in jobs, as at April 2021, totalled approximately 1,206,000. This is 40,500 fewer or 3.2 per cent lower than the corresponding period in 2019, according to the Statistical Institute of Jamaica (STATIN) April 2021 Labour Force Survey.
KINGSTON, July 16, 2021 - Jamaica recorded declines in import expenditure and export earnings during the January to March 2021 quarter, relative to the corresponding period in 2020.
KINGSTON, Jamaica, July 6, 2021 - Bank of Jamaica (BOJ) Governor, Richard Byles, says stakeholder endorsement and support will be crucial to the successful implementation of the proposed central bank digital currency (CBDC). Key among these interests are the Government, merchants, and consumers.
KINGSTON, Jamaica, July 5, 2021 - The Bank of Jamaica (BOJ) has said that the regulatory framework already exists within the financial sector to allay concerns about the introduction of a central bank digital currency (CBDC).
KINGSTON, Jamaica, July 4, 2021 - The International Monetary Fund (IMF) is among several global institutions taking keen interest in the proposed introduction of a central bank digital currency (CBDC) in Jamaica.