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The economy of Jamaica is heavily reliant on services, accounting for 71% of the country's GDP. [17] Jamaica has natural resources and a climate conducive to agriculture and tourism. The discovery of bauxite in the 1940s and the subsequent establishment of the bauxite-alumina industry shifted Jamaica's economy from sugar , and bananas .
Managed by Mscale LLC (“Mscale”), a U.S. Delaware-based company focused on venture and capital advisory, a new (as of 2024) venture capital fund has been established to invest in Jamaica's tourism, sports, retail, digital health, renewable energy, mobility, fintech, e-commerce, agritech, logistics, and business services sectors.
Major sectors of the Jamaican economy include agriculture, mining, manufacturing, tourism, and financial and insurance services. Tourism and mining are the leading earners of foreign exchange. Half the Jamaican economy relies on services, with half of its income coming from services such as tourism.
Banking in Jamaica (2 C) F. Financial services companies of Jamaica (2 C, 1 P) This page was last edited on 18 January 2020, at 20:04 (UTC). ...
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Pages in category "Financial services companies of Jamaica" ... Jamaica Stock Exchange This page was last edited on 26 January 2020, at 20:52 (UTC). ...
One of the company's founders (Dr. John J. Grace) had worked for Grace Ltd, a wholly owned subsidiary of New York's W. R. Grace and Company.When, in 1922, W.R.Grace decided to divest the Jamaican subsidiary, Dr. Grace bought the company and, along with Fred Kennedy, a Jamaican, co-founded Grace, Kennedy and Company Limited.
The American Federation of Government Employees (AFGE), the country's largest labor union for federal employees, is fighting back against GOP criticisms that government employees are abusing the ...