Jamaica Real Estate News
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Jamaica Real Estate News |
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| Jamaica to have debt talks with the World Bank |
Real estate grosses $50b |
| The Jamaica government is expected to get some help from the World Bank to reposition the country's debt. A team of financial specialists from the Bank are due to visit the island to examine and discuss new approaches to handling the debt challenges. |
Jamaica's real estate market recorded transactions valued at about $50 billion last year, according to realtor Deborah Cumming addressing an investment conference on Wednesday. |
| Jamaican government to invstigate power failure |
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| Energy Minister Clive Mullings has ordered a probe into an islandwide power failure which plunged the country into darkness for several hours on Wednesday night. |
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Jamaica to have debt talks with the World Bank
The Jamaica government is expected to get some help from the World Bank to reposition the country's debt. A team of financial specialists from the Bank are due to visit the island to examine and discuss new approaches to handling the debt challenges.
Real estate grosses $50b
Jamaica's real estate market recorded transactions valued at about $50 billion last year, according to realtor Deborah Cumming addressing an investment conference on Wednesday. Cumming, the managing director of Century 21/Heave-Ho Properties, Jamaica, said real estate remained a sellers market throughout 2007.
Jamaican government to invstigate power failure
Energy Minister Clive Mullings has ordered a probe into an islandwide power failure which plunged the country into darkness for several hours on Wednesday night. Energy Minister Clive Mullings also summoned Jamaica Public Service (JPS) executives to a meeting Thursday to explain the outage which company officials said was caused as a result of a major failure on a transmission line. |
