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The Economy

Oppenheimer Lukewarm On Caribbean Growth

Written by Kamal
While Oppenheimer Funds' Dr. Carl Ross sees emerging markets growing at double the GDP of developed countries, he is lukewarm on growth in the Caribbean because of the region's linkages with developed countries that are losing market share. Click image to play video.

National Rums Of Jamaica Retools For Export

Written by Kamal
National Rums of Jamaica Limited, on December 15th 2010, unveiled its new state-of-the-art automated plant at Monymusk, Clarendon – a major initiative to market and export value-added products from Jamaica. Click image to play video.

Cancer Drug Scientist Wary Of Theft

Written by Owen James
Jamaican Scientist, Dr. Henry Lowe, is defending his position of not revealing much more about his prostate cancer treatment discovery, inferring that he is guarding against intellectual theft. Click image to play video.

Red Stripe's Chairman Confirms 'Pull-Out' Option

Written by Kamal
Chairman of Red Stripe, Richard Byles, today confirmed that if Jamaican government is pressured into removing or reducing newly introduced taxes on tonic wines, then Red Stripe would have little option but to pull its export production out of Jamaica. Click image to play video.

BREAKING NEWS! Red Stripe Threatens To Leave

Written by Owen James

Diageo’s Red Stripe has threatened to pull its export production out of Jamaica if the government relents to tonic wine manufacturers and cut a recently added tax on tonic wines. That is according to a high-level company source, who did not wish to be quoted.

If such a threat is executed it would mean the loss of over three hundred Jamaican jobs and the company’s export production facility which is 45% of the company’s capacity. Earlier this year, citing recessionary conditions and a major fall in domestic sales, Red Stripe sent home over one hundred employees.

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Jamaica Business Consultant Wants Shift In Thinking.

Dexter scores big win in 2011 Young Investors competition!

Our Young Investors Stock Market Competition has ended for 2011 and the highlight of the year was of course, Dexter Smith's dominant display. Smith won each of the four quarters impressively with [ ... ]

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Investment Opportunities for Jamaicans

Pan Caribbean believes that even with the changed interest rate regime; the impact of the Jamaica debt exchange; and the buffeting Jamaica has taken from global recessionary trends, there [ ... ]

A confident Dexter Smith has taken a break, maintaining a cash-only portfolio worth over JA $1.2 million and a virtually unassailable lead in the final quarter of the Young Investors' Stock Market Co [ ... ]

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