AGP Executive Report
Last update: 11 hours agoCentral Banking: Bank of Jamaica reported net losses of $5.2 billion for January to October, as its assets rose to $1.4 trillion. Tourism Jobs: Iberostar plans to hire about 400 workers ahead of the December reopening of its renovated JOIA Rose Hall resort. Business Expansion: Everything Fresh is targeting 10 per cent growth in its Bahamas operation and plans to reach smaller retailers; Fontana says beauty products are driving growth as it diversifies beyond pharmaceuticals. Investor Confidence: China’s ambassador says improving security has reduced extortion demands and made Chinese businesses more comfortable operating in Jamaica. Growth and Recovery: The IMF forecasts 1.3 per cent economic growth and is urging faster post-hurricane reconstruction, while describing Jamaica’s economy as showing signs of recovery.
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