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With Jamaica's economy struggling under the burden of the global recession, as well as our own self-inflicted predicaments, the current period presents an opportunity to launch initiatives that will provide the basis for transformation towards a more diversified, innovation-inducing, export-driven, and resilient economy.

Jamaican consumers and businesses can save about J$15.4 billion on their light bills, provided that two key measures of system and fuel losses are brought in line with sector and regional averages, according to a just-released study published by the Jamaica Productivity Centre (JPC).

"The base is growing every day and it is being bolstered by both corporate and residential customers. In April Mona School of Business did a survey that put Digicel 4G at 22 per cent of the market. Three months on that has moved to 25 per cent."

There is an urgent need for more information to guide managerial decision-making on how to breathe fresh life into a commercial entity for recovery from profit decline.

During 2010, most of the firms listed on the Jamaica Stock Exchange (JSE) reported profit decline or losses relative to the prior year, 2009.

Despite obvious challenges, Jamaica is poised for continued growth, as evidenced by the achievement of 1.5 per cent of GDP growth over the past year, according to Minister of State for Industry, Investment and Commerce, Hon. Michael Stern, during his opening remarks at the recently concluded Mona School of Business (MSB) Roundtable 2011.

Local corporate executives strongly believe that global competitiveness of private organisations is heavily dependent on the extent to which they collaborate and prepare human capital, a Mona School of Business (MSB) study has revealed.

I have been fascinated by trains all my life. I recall with nostalgia the famous steam-driven train Engine 38, with its billowing clouds of steam and smoke floating backwards over the caboose and the attached coal car, while the sweating engineer and driver tended the behemoth of a machine as it shunted from one track to another in the May Pen trainyard of my boyhood days.

Jamaica, according to a 2008 GEM report, has surpassed the United States and China as being one of the most entrepreneurial countries in the world. However, the trend is not represented in the growth and sustainability of the island’s small and medium sized enterprises (SMEs)

It has been said ad infinitum that it is important to support small businesses because they have a vital role to play in generating growth in the Jamaican economy. However, many small enterprises bemoan a lack of support, stifling bureaucracy and prohibitive interest rates as impediments to their development.

The Telecommunications Policy and Management (TPM) Programme, Mona School of Business has now released the findings of the Jamaican leg of the Caribbean Broadband and ICT Indicators survey. The survey provides reliable and accurate data on household and individual usage of computers, internet and mobile phones patterns across Jamaica.

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