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Showing posts from 2014

Best of Jamaica Sports 2014

Jamaican sports men and women continue to make us all proud Jamaicans. Thanks for making this another Great Jamaican Year. Jamaica - The Caribbean's most Valuable Property Jamaica's Amazing 2013 Moments

Oil prices are crashing - Why is the Jamaican Gas Pump prices still hurting???

Oil Prices are falling but gasoline prices at the pumps and electricity prices are not following suit in  Jamaica. Why? Why is gas and electricity prices in Jamaica still high? The simple explanation is that of the exchange rate.  Jamaican to  US dollar exchange rate has been on a steady and continuous upward trend as the chart shows in the graphic below. If it were not for the exchange rate the gas and electricity prices might have fallen at relatively the same rate as world oil prices. Oil price and exchange rate relation to energy cost in Jamaica. But should anyone wish to try to understand the connection between oil prices and the cost of gas or electricity in Jamaica the information in the chart above may help alongside the explanation below.  So, first there is the world oil price. This has to be bought with US dollars which continues to be more expensive on a daily basis thanks to the devaluing Jamaican dollar. The Jamaican dollar value of oil as a result has been incre

Exporting your way out of Poverty - Devaluing Jamaican Dollar makes me Wealthier Daily

Production for  Export - Major Opportunities in an Enormous Market  There are over 7 billion people on earth, over 3 billion internet users, over 2.5 billion smart phone users and over 2 billion social media users. Connecting to an audience that is both interested in your product and have the ability to purchase has never been easier.  Colidez can make it happen.  Should anyone choose to focus on the US import market alone, the value of consumer goods (excluding capital goods) is over over US$25 billion monthly. It should also be noted that the Jamaican Diaspora in the US ranges between 2 and 4 million people. This grows by approximately 10,000 person annually. A Distinguished Jamaica  Having explored the potential market size, let's investigate the local characteristics that sets Jamaica apart. With Jamaica's increased ranking in the International Logistics Performance Index ( Ranked 70/160 up from 124 in 2012)  and the Government's work on an Integrated Log

Jamaica - The Caribbean's most Valuable Property

               Coli dez    Sweet   Music   Jamaica    Tech Life A good year is one way to describe Jamaica's macro economic developments in 2014. Report after report has seen Jamaica's ranking on a global scale inch up, all contributing positively to a consolidated Investment Attractiveness Index of Jamaica . The Government has performed and the work is bearing fruit through the positive reports and reviews Jamaica has received throughout 2014 from international bodies. Given the recent development, and giving credit to the Government, Jamaicans can once again begin to align their enterprise with the goal of building potential wealth in a competitive global environment. When all this is holistically viewed it becomes hard to disagree that Jamaica is the most valuable property in the Caribbean. Some of the year's achievements and positive indicators are noted in the following: Fiscal deficit narrowing; down from 6.7% of GDP in 2011 to a balanced

PNP failings could be opportunities for the JLP - the opposition never had it better.

               Coli dez    Sweet   Music   Jamaica    Tech Life The PNP led Jamaican government has found themselves in an unenviable position of late. Recent polls have been highlighting the dissatisfaction of the Jamaican populace with the country's management under the current set of political leaders. The party has been found to be lacking transparency and accountability of late as the country grapples with multiple challenges. This has opened up a whole set of opportunities for the opposition to capitalize on, but will they?  With  By-Elections to be held in the constituency of Central Westmoreland  on December 1, 2014, following the  untimely death of former Agriculture and Fisheries Minister Roger Clarke, Jamaicans have an opportunity to vindicate the performance of the incumbent party or unequivocally state their dissatisfaction with the status quo.  The candidates representing the various political parties in the December 1 by-election in the Ce

Social Drinks of Jamaica

               Coli dez    Sweet   Music   Jamaica    Tech Life Jamaica is an amazing country. With a population of just under 3 million people it is a bit hard to comprehend the unparalleled reach of a people throughout the world. It's something that has been achieved through the culture in so many ways but did you know that Jamaica produced many big drink brands. All the following drinks are all products of Jamaica. Which is your favourite? Now if you are ever a visitor to this beautiful island here are 11 drinks that you must try. They are all social. 11.  Calico Jack Rum Punch Rum punch at it's best. - over 6,000 Facebook page likes. 10.  Rum-Bar Rum So many things you can do with this one.  - over 9,000 facebook page likes. 9.   Bigga Colourful soft drink brand. - over 34,000 Facebook page likes. 8.   Boom Energy Drink Di real energy drink. Loved by many. Mix it when with what you like. - over

Stellar Achievements - Jamaica moving Up, Up, Up...

The People's National Party held their 76th Annual Conference over the weekend of September 20-21, 2014 and the following was noted among the achievements: On the macro-economic front. We are experiencing: • The narrowing of fiscal deficit; down from 6.7% of GDP in 2011 to a balanced budget in this financial year. • There is a growing primary surplus; we are comfortably ahead  of the targets. • We are importing less • Tourism arrivals are up by 4%. • International investors are coming to Jamaica because they are confident in our stewardship and in the new Jamaica that is emerging, and • Our recent re-entry into the international bond market was oversubscribed yielding over US$800M. Even more importantly, we got it at the lowest interest rates ever. •   More Jamaicans are in jobs than two years ago; STATIN has reported that 25,700 Jamaicans were employed this year over last year.  Unemployment as a result is declining; and is now 13.6% down for 16.3% last year April. To th