Business Observer Report: PIOJ reports 20 quarters of positive growth … TransJamaican IPO upsizes… Jamaica's imports up by 3.9 per cent

Business Observer Report: PIOJ reports 20 quarters of positive growth … TransJamaican IPO upsizes… Jamaica's imports up by 3.9 per cent

Friday, February 28, 2020

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KINGSTON, Jamaica— The Planning Institute of Jamaica (PIOJ) in its latest review of economic performance, reported a positive economic outlook, based on the continued stability of the macroeconomic environment.

For the period of October to December 2019, the real gross domestic product grew by 0.1 per cent relative to the corresponding period in the previous year, representing some 20 consecutive quarters of growth in the economy.

The National Commerical Banks says due to overwhelming demand among other factors, the TransJamaican Highway initial public offer will upsize the offer by an additional two billion shares.

And according to the Statistical Institute of Jamaica, the island'simports for January to November 2019 were valued at US$5.9 billion, an increase of 3.9 per cent.

Watch as the BUSINESS OBSERVER wraps this week for you.

See story links below:

20 quarters of positive growth

PIOJ considers COVID-19 effect on economy

Fontana records its best-ever quarter

TransJamaican UPSIZES

Deaf Can! lists as first social enterprise on JSSE

BOJ's senior deputy, John Robinson stepping aside

Jamaica's 2019 January to November imports up by 3.9%, exports down 15.6%

PROVEN REIT launches Mandeville mixed-development project

Cuba promises to make late debt payments by May

Caribbean Chamber of Commerce set to launch in Europe

Critics slam UK post-Brexit


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