Content about Business

February 11, 2018

The historical social, cultural, political, diplomatic and economic context of the Jamaica-China relationship provides a critical point of reference that gives texture to the current public discussion about balancing the relationship between both countries.

February 11, 2018

Domestic contractors, contrary to what some might want to believe, are not asking for any special favours or to ban foreign contractors. What we ask is to be given an opportunity to carry out our business in a fair way in our country.

February 11, 2018

Our study conducted by Mona School of Business and Management, (MSBM) in June 2017, revealed that the leaders of local construction firms perceive that public sector delays, Government procurement policy, cost of financing, and company debt burden are among the main impediments to growth of the sector. Along with policy changes, we suggest several strategies, including adoption of Lean Construction techniques to increase efficiency.

February 11, 2018

Social Progress Index 2014 done by Michael Porter et.al shows Jamaica, despite having a PPP GDP per capita of US$7083, with a creditable index of 43 out of 132 countries examined.

June 28, 2017

The concept of climate change is again a very topical issue. Jamaica has had two recent bouts with heavy rains that have emphasized previously known areas of hazards, and have identified totally new areas that were previously overlooked or were dormant. The estimates of damages are not yet final, and even due diligence will not capture undocumented losses of agriculture, livestock, or illegal housing. Therefore the potential losses will continue as mere replacement does not necessarily equal enhanced restoration.

April 30, 2017

The relationship between innovation leadership and sustainability at the firm level is examined. The analysis is informed by research into the turn around at one of Jamaica's leading organisations, Jamaica Producers Group (JPG).

April 29, 2017

It is clear that companies in the Caribbean now have to be innovative and competitive because preferential arangements with countries outside the region have disappeared. Available data highlights the urgent need for collaboration among business organisations and for additional resources to help firms innovate in ways that directly improve sales performance and commercial success.

April 28, 2017

HealthCare sectors in the Caribbean, are often overwhelmed by the immediate challenges of service delivery – specifically, the provision of an acceptable quality of health care service at a reasonable cost. However policymakers and practitioners should not lose sight of significant innovation and entrepreneurial opportunities being created in Healthcare as a result of the Digital Revolution.

April 26, 2017

Diasporans (foreign born population and their off-springs maintaining relations to their country of origin) are vital sources of investment, innovation and entrepreneurship illustrated by locations such as Silicon Valley, Berlin, Taiwan and Republic of Korea. Likewise, Jamaican and Caribbean, with large diaspora populations, can also drive more investments from this source into the region given an enabling environment.

April 24, 2017

The delivery of a superior customer value is essential to financial firms that operate in a competitive marketplace. The firms must therefore create the business experience that satisfies or exceeds the customer’s expectation.

April 3, 2017

For our younger readers, Venezuela may only have a distant image comprising oilfields and offshore drilling that many have only seen pictures of. Venezuela’s second image may be the beautiful entrants in Miss World or Miss Universe. In these days of modern air travel there are only three convenient routes; one via Miami; one via Panama; or one via Trinidad.

January 31, 2016

The term “Big Data” is no longer confined to the foreign vernacular of scientists, technologists and geeks. Business and technology executives in public and private enterprise need to appreciate what it is, understand the opportunities and implications for their organisations

January 30, 2016

The term “Big Data” is no longer confined to the foreign vernacular of scientists, technologists and geeks. It has now become part of mainstream media and popular culture, pervading the spectrum from McKinsey global studies to Dilbert commentaries.

January 26, 2016

In a world governed by smartphones, GPS, intelligent thermostats and seemingly ‘independent’ appliances that can practically do anything … data drives our every move today. This is fast becoming Jamaica’s everyday reality too, with over 80% of the smartphones used by Jamaicans actively using mobile data

May 31, 2014

The discussion about the logistics hub has been characterized, in the main, by too much misinformation and disinformation. This is unfortunate because it runs the risk of damaging potential, damaging a tremendous opportunity and we can talk ourselves into gridlock over this opportunity

May 30, 2014

This symposium provides an opportunity to share some thoughts and dialogue on a very important issue in our 51st year of Independence. We need to think about the ways in which we can collectively collaborate to achieve objectives.We have to think about how we convert these large visions and dreams into a reality within the context that we operate in.

May 25, 2014

Sustainable development rests on three pillars: Social sustainability, economic sustainability and environmental sustainability. The three have to be balanced. My focus in this paper is on the economic aspects of the Jamaica Logistics Hub

May 24, 2014

The Jamaica Logistics Hub Initiative aims to provide value-added services to assist and enhance global trade and establish Jamaica as the fourth node in the worldwide network of trade and commerce. This involves a largescale approach to re-organizing resources and acquiring new ones

May 22, 2014

Much of the discussion about Jamaica’s favourable prospects of becoming the 4th global logistics hub, emphasize the country’s physical attributes and natural endowments. Little reference, however, is made to a glaring deficiency in the quality of shiprelated and logistics services in Jamaica.

May 12, 2014

Senior officials in the government argue that changes in global manufacturing, trading and shipping – along with the proposed expansion of the Panama Canal to accommodate the new mega- liners – offer a unique opportunity for Jamaica to become a major player in global logistics. The opportunity is strengthened by a Chinese offer to invest some US $1.5 billion in new port and related facilities. They are bullish on the prospects for jobs and growth. Others say history suggests caution in making assumptions about gains to come from foreign direct investment

December 19, 2012

The Jamaican Government should ensure that there is at least an increase in local jobs in return for providing any of the tax incentives listed above. In particular, the tax incentives should be directly tied to specific areas of job creation and  innovation.

 

December 19, 2012

The Global Competitiveness Report makes for uncomfortable reading: Jamaica’s competitiveness position has slipped from 63 (in 2006) to 101 (in 2011). Although the number of countries ranked in 2006 moved from 117 to 142 in 2011, Jamaica’s competitiveness position has deteriorated. This decline is manifested in the weak economic growth and, in some cases, negative growth that the economy has experienced over the last four decades and even more-so over the last five years.

 

December 19, 2012

As part of its monthly forums with the investor community, Mayberry Investments Limited hosted Conversations on 50 years of Business July 18, 2012 for reflection as well as looking ahead. The presenters were: Maurice Facey (Chairman, Pan-Jamaican Investment Trust Ltd.), Stephen Facey President & Chief Executive Officer, Pan-Jamaican Investment Trust Ltd.),Robert Levy (Chairman, Jamaica Broilers Group) and Christopher Levy (President & Chief Executive Officer, Jamaica Broilers Group).

December 19, 2012

Jamaica's pre-Olympic Training Camp in the English city of Birmingham offers a template for exploiting transnational business opportunities between Jamaica and the Diaspora.