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Rate of inflation falling but still too high

The rate of inflation, which is defined as an increase in the general prices level – slowed to 16.8 per cent last year, which was equivalent to the amount reached during the same period of 2007. Data released by the Statistical Institu

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Rate of inflation falling but still too high

The rate of inflation, which is defined as an increase in the general prices level – slowed to 16.8 per cent last year, which was equivalent to the amount reached during the same period of 2007. Data released by the Statistical Institu

Read More »

Ciboney Group top performing stock for 08

Ciboney Group, whose main asset is the failed hotel company, Ciboney Hotels Limited has unexpectedly emerged as the top performing stock of 2008.

Ciboney shares increased by 400% last year amid the impending divestment of its main

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Ciboney Group top performing stock for 08

Ciboney Group, whose main asset is the failed hotel company, Ciboney Hotels Limited has unexpectedly emerged as the top performing stock of 2008.

Ciboney shares increased by 400% last year amid the impending divestment of its main

Read More »

Capital budget cuts help send economy into downward free-fall

The massive cut in the capital budget from the $28 billion budgeted for, to $18 billion between April and November of this fiscal year, has helped to push the economy into the current downward free-fall.

Data released by the Minis

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IDB could sign US$300 million agreement with Gov’t tomorrow

 Louis Alberto Moreno, president of the Inter-American Development Bank (IDB), is expected to hold crucial talks with Prime Minister Bruce Golding, which could culminate with the signing of a US$300 million agreement with the govern

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Davies projects 5-7 years to get US$1b from multi-laterals

 Former Finance and Planning Minister, Dr Omar Davies, says contrary to what Prime Minister Bruce Golding and Finance Minister Audley Shaw have been telling Jamaicans, it will take between five  and seven years for the multi-la

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Davies projects 5-7 years to get US$1b from multi-laterals

 Former Finance and Planning Minister, Dr Omar Davies, says contrary to what Prime Minister Bruce Golding and Finance Minister Audley Shaw have been telling Jamaicans, it will take between five  and seven years for the multi-la

Read More »

Jamaica records 4% growth in tourist arrivals

Minister of Tourism, Edmund Bartlett, has said that despite the economic downturn in the major markets overseas, Jamaica experienced a four per cent growth in tourist arrivals last year and earned US$2 billion in revenue.

“Last y

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Jamaica records 4% growth in tourist arrivals

Minister of Tourism, Edmund Bartlett, has said that despite the economic downturn in the major markets overseas, Jamaica experienced a four per cent growth in tourist arrivals last year and earned US$2 billion in revenue.

“Last y

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