Jamaica has recorded 3,586 new company registrations for the period January 1 to November 11, 2020.
That’s according to data produced by the Companies Office of Jamaica and released on social media by Finance Minister Dr Nigel Clarke who noted that “in the middle of the pandemic and record economic contraction, Jamaicans are forming new companies at a rate not seen before.”
Though below the record 3,822 new start-ups in 2019, the performance to date in 2020 has outstripped new registrations for 2013 to 2018, with 1,948 new registrations recorded for 2013; 1,775 in 2014; 2,227 in 2015; 2,544 in 2016; and 3,160 in 2018. (CB)
Extract from the CARICOM Business Newsletter, Vol. 3 No 46
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