Written by, Dennis St Bernard; Business Contributor, 10-Sep-2013 | At the recently concluded Caribbean Diaspora Business Week in London, one of the consensus from leading Jamaican and Caribbean Businesses was the point that they saw the growing success of the Jamaican Junior Stock Exchange as key catalyst for growth of the Jamaican economy, by the creation of jobs by MSMEs, increase in foreign direct investment (FDIs) and GDP growth, once the present incentives remain intact.
A number of Diaspora Businesses are now actively looking at listing. ‘This could be a major replacement for the reducing remittance to Jamaica, and the stakeholders should now focus on this major opportunity.
“As Jamaica continues to battle with putting together the right growth strategies, we in the business diaspora continue to be excited by the growth of the JSE Junior Market”, sighted St.Bernard, spokesperson for Caribbean Business Diaspora.
“Overseas and Diaspora Business interest in Jamaica are definitely on the increase, the focus is now on conversion” sighted JAMPRO’s UK Regional Manager Laurence Jones.
