Trade and Economic Development

The point-to-point inflation rate (Feb. 2021 – Feb. 2022) in Jamaica has attained an 11-year high of 10.7%. According to the Statistical Institute of Jamaica (STATIN) this was influenced mainly by the inflation rate for the divisions:…
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Global shipping giant Hapag-Lloyd anticipates that the strained situation in the global supply chains will ease in the second half of 2022. In its recently released annual report, its revenue growth was attributed mainly to a higher…
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The International Air Transport Association (IATA) says rising jet fuel prices are likely to cause airfares to increase this year based on current trends, as airlines grapple with higher operating costs. Speaking during a recent media…
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Scotiabank Jamaica has set aside $3 billion as loan financing for women entrepreneurs. Under the Scotiabank’s Women Initiative, the bank will bundle loans to female operators of small & medium-sized businesses, with training,…
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Guyana is projected to become the highest per capita oil producer in the world by 2035, according to Latin American strategic market research firm, Americas Market Intelligence (AMI). According to Arthur Deakin, Energy Practice…
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