05242012Headline:

Real estate trending towards a ‘buyers market’ – Transactions down an estimated 30-40%

Nine months ago, the owners of real estate could name their price for rentals or sale, but now realtors say a weak economy has dampened demand, properties are staying on the market longer and buyers can, in some locations, cherry pick for bargains… Read [...]

Cement battle rages again – PM asks JMA to weigh in

Acceding to a request from Prime Minister Bruce Golding, Jamaica’s manufacturers will meet today behind closed doors to chisel out a position on cement amid the lobby by the Rockfort monopoly producer… Read more: Cement battle rages [...]

BoJ signals interest rate policy shift

At first blush, the 133 basis point cut on a single open market instrument of six in the central bank’s arsenal seems a token concession to corporate Jamaica which wants interest rates to be cut. But yesterday analysts polled by the Financial [...]

The Other Decoupling Theory

A lifetime ago, before the market meltdown, when it was just an ordinary recession, there was a theory that … Read the rest here: The Other Decoupling Theory

BOJ opens forex window for public companies

The Jamaican central bank has undertaken to supply key state-owned companies with their foreign currency requirements in what the bank’s governor, Derick Latibeaudiere, says is a temporary move to help ease a demand scramble on the foreign [...]
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