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Thursday, February 23, 2017

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Seprod moves for milk industry shake-up
Chief executive officer of Seprod Ltd, Richard Pandohie is prepared to invest $180 million in a drive to revitalise Jamaica’s dairy industry — but is calling for Government to create the framework for a viable sector. According to Pandohie, a private-public sector partnership plan &md ...
BOJ working to make savings more attractive in J$ than US$
Jamaicans’ appetite to invest in US currency has driven the Bank of Jamaica (BOJ) to increase its holdings on the foreign currency deposits of financial institutions, thus creating a disincentive for the banks to take deposits in any other currency but the Jamaican dollar. The BOJ adjustme ...
Agriculture tops real sector growth again
Once again, the combination of agriculture, forestry and fishing was the sector which grew the most in the December 2016 quarter, the Bank of Jamaica (BOJ) indicates in its quarterly Monetary Report (QMPR) which was released yesterday. The food and forest-based industries topped real sector growth ...

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