INNOVATE OR DIE! CASH FOR BUSINESS IDEAS! SCOTIA PROFITS DOWN

September 15, 2020

The Development Bank of Jamaica (DBJ) is helping Medium-sized Enterprises weather this challenging time with an Innovation Grant Fund, and Inter-American Development Bank (IDB) has similarly extended helping hands to launch a Pivot Movement focused on harnessing innovative ideas for Caribbean development. They’ve got a whopping cash prize of US$5000 dollars for 3 lucky winners. What could you do with that?

We’ll discuss with General Manager, Strategic Services at the Development Bank of Jamaica, Christopher Brown and General Manager, from the Caribbean Country Department at the Inter- American Development Bank, Therese Turner-Jones.

And THE ANALYSTS weigh in on the latest market developments…The economy is projected to shrink by as much as 18 percent according to the Planning Institute of Jamaica, what impact will that have on the sector level?

And Scotia Group Jamaica is reporting net profit of J$5.6 billion for the quarter ending July, a reduction from the $9.8 billion profit in the previous year.

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