One on One Education Services Limited this morning (September 1) officially became the 100th listing on the Jamaica Stock Exchange (JSE) and 46th listing on the Junior Market as it continues its mission to transform education and training all across the world.

The company recently gained more than 13,000 shareholders following its recent initial public offer (IPO) which was eight times oversubscribed and closed the same day.

“September mornings have always been special to me,” said Ricardo Allen, president and CEO of One on One, as he mentioned the significance September has for him at the JSE listing ceremony.

He recounted giving up a scholarship to study abroad and instead focusing on One on One’s dream of transforming education and training globally because he believed that Jamaica needed his mind and heart more than any other country.

“Ricardo is my type of person because he speaks about exporting his services to the rest of the world. In 2021 we imported value of US$5.975 billion. We exported goods and services of a value of US$1.441 billion, there’s a huge gap of US$3.5 billion in that,” said Aubyn Hill, minister of industry, investment and commerce.

“In 2021 we imported US$2 billion just for fossil fuels, that one imported item alone far overshadows the US$1.441 billion we exported. We have to change those numbers and we cannot become a rich country only selling to three million people – every business and every person in Jamaica must think of selling to the world,” continued Hill after mentioning Singapore and Israel as examples of economies that capitalise on the global market – Singapore’s population is 5.7 million people and their GDP is over 70,000 compared to Jamaica’s GDP per capita which is less than 5,000.

READ: Senator Aubyn Hill | Jamaican businesses must focus on exporting goods