TREND: Fast-Expanding Markets for Good

Tweet New markets such as personalized medicine can drive rapid social change. By Mark Esposito, Terence Tse, and Ayesha Khalid | Feb. 25, 2015 In 2008, vitamin D deficiency—due in part to human’s increasing lack of direct sun exposure—was declared a pandemic. As the news spread among medical professionals, the market for vitamin D detection tests skyrocketed, […]

Trend: Putting Customer Back in Customer Service

Tweet When 1,620 consumers were tested under laboratory conditions, 63% said they felt their heart rate increase when they thought about receiving great customer service. For 53% of those tested, receiving great service triggered the same cerebral reactions as feeling loved.* The takeaway? When it comes to customer service, it’s not about what consumers think. Great service […]

What it Takes to Navigate the Marijuana Industry

Tweet Colorado’s first cannabis business summit focused on helping companies learn how to run better and comply with the nascent industry’s many regulations. The recreational marijuana business is in full bloom in Colorado. In just the first three months since marijuana was legalized, the state has raised $25 million from businesses for taxes, licenses, and fees, according […]

Jamaica Has a Startup Scene Worth Watching

Tweet When contemplating top tech and startup ecosystems in Latin America and the Caribbean, Jamaica isn’t exactly the first locale that comes to mind. Listed 94th on the World Economic Forum’s 2013-2014 Global Competitiveness Index, the country gets low marks in macroeconomic development (ranked 141 out of 148), quality of math and science education (115), […]

Green Village To Go On The Market Next Year

Tweet A new set of energy-efficient homes are under development in Greendale, St Catherine, and may hit the market next year. Called Green Village, the complex is billed as the “first green residential community” with rainwater harvesting for landscape irrigation of common areas and home lots as well as a bio-digester treatment plant. Paul Soegaard, a technical […]

TREND: Growing Demand for Aluminum by Automotive and Airline Industries

Tweet “The amount of aluminium body sheet content in North American vehicles is expected to quadruple by 2015 and increase tenfold by 2025 from 2012 levels, Alcoa said in a statement issued during the 2014 North American International Auto Show in Detroit…” Source: Jamaica Gleaner “On the demand side, aluminum consumption is expected to improve […]

The Numbers Behind Jamaica’s Economic Performance

Tweet The Planning Institute of Jamaica publishes economic performance reviews that covers the performance of the Jamaican economy for a given quarter. Listed below are links to some of the recent reviews. What do they reveal? These reviews show the performances of different sectors of the economy such as agriculture, fishing, food & beverage, hotel […]

Biz Trends & Stats

Tweet According to the Pew Research Center Facebook is still the social medium of choice for small businesses to reach customers. 71% of adults use FB in 2013, up from 67% in 2012. The American Bankruptcy Institute reported that business bankruptcy filings were down 24% in 2013, the lowest level since 2006. The climate for […]