Skip to main content

Posts

Showing posts from December, 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