Business

Too many Jamaicans looking rich but not becoming rich – Brad Sugars

Brad Sugars (centre) shares a point in his book Billionaire in Training with Scotiabank’s Patsy Latchman Atterbury (left) and ActionCOACH’s Marcia Woon Choy.

Business guru Bradley Sugars in the last of six stops during his Billionaire Tour across the globe has chastised Jamaicans for thinking too small in the development of their business strategies and for not gaining enough knowlegde when trying to build successful businessess. Last Friday, Scotiaban ... Read More

A ship docked at the pier at the Noranda plant in St Ann. Noranda to continue bauxite production despite filing for bankruptcy
Noranda Aluminum Holding Corporation (NAHC) announced Monday that the company has filed voluntary p ... Read More

Residents of these informal settlements on both sides of the Sandy Gully on Dunrobin Avenue in Kingston say they are forced to dump their waste in the gully because the National Solid Waste Management Authority does not collect waste in the area. It is, however, not only an eyesore but a disaster waiting to happen, especially with the threat of the Zika virus. Real estate stakeholders foresee return to growth following NHT loan increase
KINGSTON, Jamaica (TTR) — The Jamaican landscape is riddled with makeshift homes teetering on ... Read More

NEW DELHI, India — Visitors gather around the Jeep stall at the Auto Expo 2016 in Greater Noida on the outskirts of New Delhi on Monday. India’s economy grows 7.3 per cent in third quarter
NEW DELHI, India (AFP) — India’s economy expanded 7.3 per cent in the third quarter of t ... Read More

Georgia to build $2.5-bln Black Sea port on China’s Silk Road

Wednesday, February 10, 2016    

TBLISI, Georgia — Georgian Prime Minister Giorgi Kvirikashvili (right) approaches to shake hands with the chairman of Georgia’s TBC Holding Mamuka Khazaradze during a press conference in Tbilisi, on Monday.

TBLISI, Georgia (AFP) — Georgia on Monday announced plans to build a new deep-water Black Sea port in a US$2.5-billion project that aims to boost trade between China and Europe along the historic Silk Road route. Prime Minister Giorgi Kvirikashvili said the ex-Soviet country had awarded the contract to build the port to a joint venture called Anaklia Development Consortium, made up of Georgia’s TBC Holding and US-based Conti International. “The project will bring tremendous o ... Read More

Zuma under pressure as S Africa faces ‘testing’ year

Wednesday, February 10, 2016    

JOHANNESBURG, South Africa — South African opposition Economic Freedom Fighter(EFF) supporters march towards the constitutional court in Johannesburg yesterday, where judges heard a case over public money spent on President Jacob Zuma’s private house.

CAPE TOWN, South Africa (AFP) — South African President Jacob Zuma delivers a state of the nation address this week to a country facing its toughest year since Nelson Mandela took power more than two decades ago. Special security precautions are in place for Zuma’s address to parliament, which last year degenerated into chaos when opposition lawmakers prevented him from speaking and were violently evicted. As the president speaks tomorrow — if his most vocal opponents in the ... Read More

E-commerce tips for 2016

Wednesday, February 10, 2016    

It is important that you dont miss the wave of online shoppers

One thing is certain, e-commerce is here to stay! In fact businesses that are not putting their online store “out there” are missing massive opportunities for increased sales. In fact statista.com recently published an article dislaying the trends of online purchasing and they shared that: “In the US internet users purchasing items online are expected to remain popular in the future. eMarketer calculated digital buyer penetration in the US in 2013 and presented a forecast unt ... Read More

‘Drink Real Milk’ campaign seeks new partners in thrust to revive milk industry

BY KARENA BENNETT Business reporter bennettk@jamaicaobserver.com | Wednesday, February 10, 2016    

Jamaican dairy cattle may soon be treading a less lonely road.

JAMAICA’S most recent drive to increase milk production through the ‘Drink Real Milk’ campaign will see two additional stakeholders coming on board as part of efforts to revive the ailing sector. On Monday CEO of Jamaica Dairy Development Board (JDDB) Hugh Graham, in a round table interview with the Jamaica Observer, disclosed that milk processors Jamaica Beverages Ltd and Island Dairy are being sought to assist in the development of the industry which has seen consistent dec ... Read More

SVL says new games gain traction

BY AVIA COLLINDER Business reporter collindera@jamaicaobserver.com | Wednesday, February 10, 2016    

GEORGE... SVL is among the most aggressive at managing its portfolio of games

Brian George, president and CEO of Supreme Ventures Ltd, said the company’s frequent tweaking of products is aimed at keeping consumer interest. “As the lottery market matures, and player interest becomes more diverse, the need to add games or tweak existing games becomes more critical to maintain customer interest in our games. SVL will not take its market position for granted and become complacent,” he told the Jamaica Observer on Monday. PayDay was introduced on January ... Read More

Why the Junior Market should be extended

Wednesday, February 10, 2016    

The Jamaica Stock Exchange in downtown Kingston

I have recently read a swarm of articles in the media that highlight the quantitative side of things. That is, the increased number of listings, the increased PAYE, the increased GCT, the increased jobs, etc. These are all significant and repeated points over the last few years. The benefits are substantial and continue to grow with the number of Junior Market listings increasing. There are approximately 25 securities currently listed on the Junior Market. This is a huge number when one co ... Read More

Let’s talk strategy and risk

By Jean Pousson | Wednesday, February 10, 2016    

Introducing a pistol to a sword fight can reduce risk

Boardrooms throughout the world have by and large become better at risk management as uncertain environments have constantly challenged original thinking. In some jurisdictions, corporate governance regimes have put pressure on executives by suggesting best practice and more open reporting, beg inning with the risk appetite that the board is willing to undertake. Risk and risk discussions have, over recent years, had more airtime at both board and board committee levels. Increasingly, aud ... Read More

Gong Hey Fat Choy From Macau

Wednesday, February 10, 2016    

[ESTABLISHING SHOT]
DSC_3736
The scene outside the Macau Gaming Lounge and Bar.

Chinese lanterns and icicle lights strung overhead, a rustic al fresco dining setting, soft music, scrumptious fare and hearty libations set the tone for an evening of festivities at the Macau Gaming Lounge and Bar Monday evening. It was, according to Macau Managing Director Matthew Chinn, the perfect opportunity to show their appreciation to their loyal customers and friends. ”The annual Chinese New Year celebrations are happening worldwide. It is all about gathering family and friends fo ... Read More

Transport sector on verge of transformation

BY BALFORD HENRY Senior staff reporter balfordh@jamaicaobserver.com | Wednesday, February 10, 2016    

Route Taxi Association of Jamaica (RTAJ) President Sophia Campbell (standing left), and President of the Jamaica Association of Hackney Carriages (JAHC) Willard Costley (standing at right), oversee the introduction of public transport operators to the computerised Public Transport Management System (PTMS) at the headquarters of PPVMC, Molynes Road, Kingston, last Thursday.

After three years, the Public Passenger Vehicle Modernisation Council (PPVMC) seems on the verge of transforming the area of public transportation operated by private investors into the customer-sensitive service Jamaicans are yearning for. As the PPVMC continues its efforts to organise the sector around the basic tenets of serving commuters, the council hosted members of its umbrella organisations at a workshop at its headquarters, Molynes Road, Kingston, on Friday. The main focus of the work ... Read More

Ex-model can seek divorce payout from Saudi sheikh in UK: court

Wednesday, February 10, 2016    

Permanent representative for St Lucia to the International Maritime Organization Sheikh Walid Juffali (left) with his then wife Christina Estrada at a London nightclub in 2005.

LONDON, United Kingdom (AFP) — A former model who was married to a wealthy Saudi sheikh won the right to seek a payout from him in London after a court rejected Monday his claim to have diplomatic immunity. Christina Estrada, 53, who has appeared in the Pirelli calendar and was once linked to Britain’s Prince Andrew, will be able to seek a share of Sheikh Walid Juffali’s estimated £4-billion (US$5.7-billion) fortune. Juffali had argued that his status, since 201 ... Read More



ADVERTISEMENT
ADVERTISEMENT

Poll

Will you be voting on the 25th of February?
Yes
No


View Results »


ADVERTISEMENT

Today's Cartoon

Click image to view full size editorial cartoon
ADVERTISEMENT