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Written by justine willoughby
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 The residual impact of bad weather; surging
international oil and other key commodity prices, including corn and wheat, has prompted the Bank of Jamaica to forecast a higher rate
of inflation for the December quarter of the calendar year.
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Written by justine willoughby
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 The Bank of Jamaica is being cautious on
GDP growth for the December quarter, the third fiscal quarter, amid the
residual impact of excessive rainfall at the end of September. The Bank of Jamaica expects either a
fifty-basis-point contraction or a fifty-basis-point growth in GDP for the
quarter.
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Written by justine willoughby
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 Red Stripe, which is owned by international drinks company Diageo, says it's reeling under the impact of what it describes as an inequitable tax system associated with wines in Jamaica and wants it changed.
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Written by justine willoughby
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 A senior Advisor in the IMF's Western Hemisphere division is reinforcing the point that high debt levels are stifling growth in the region. However, the Senior IMF Advisor Gilbert Terrier praised Jamaica for taking a proactive approach to the problem.
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Written by justine willoughby
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 Despite good numbers last year, this year pummelled by generally poor local economic conditions the RJR Group's first two quarters for the New Year and have seen falls in profitability ranging from 53 percent to 33 percent.
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