Business

7,000 Jamaicans are modern-day slaves – report

As Jamaica prepares to celebrate Emancipation Day on August 1, there are some 7,000 people living in modern-day slavery on the island according to the Global Slavery Index published on Thursday. Read More

World Cup finals cause run on Ready TV set-top boxes
The recent FIFA World Cup finals in Russia gave such a huge boost to demand for ReadyTV's services that the company is now down to its last few set-top boxes (STBs).... Read More

The NHT took my home!
Dear Claudienne,In August of 2017, the home of JM was sold by NHT for outstanding mortgage payments.A closer look at this case in question, however, reveals some disturbing realities:... Read More

Keep your eyes on the goal
In honour of the recently concluded World Cup (Vive la France!), I thought I would share a story to remind you to keep your eyes on the goal as an investor.... Read More

Epican supplying local doctors with medical cannabis

BY KARENA BENNETT Business reporter bennettk@jamaicaobserver.com | Sunday, July, 22 2018    

Cannabis grower Epican has already secured its place as supplier of medical cannabis to a number of local doctors seeking therapeutic treatment for patients, but needed a facility to professionally offer its products and services to the public. Read More

Finsac to try selling Ciboney again

Sunday, July, 22 2018    

The Financial Secctor Adjustment Company (Finsac) Ltd, which is the majority shareholder of Ciboney Group Ltd, will make another attempt at selling its shares in the inactive company after failing to achieve a change of ownership within the first quarter of its financial year. Read More

'Treasure ship' stock bubble draws South Korea warning

Sunday, July, 22 2018    

SEOUL, South Korea (AFP) — Rumours of a treasure trove on a Russian ship that sank off South Korea a century ago have sent a company's shares on a rollercoaster ride, triggering a warning Friday from financial regulators. Read More

Japan passes controversial law to allow casinos

Sunday, July, 22 2018    

TOKYO, Japan (AFP) — Japan on Friday enacted a controversial law to allow casinos that the government says will boost tourism and growth but was bitterly opposed by the opposition. Read More

Trump's many trade spats: a summary

Sunday, July, 22 2018    

WASHINGTON, United States (AFP) — As the Group of 20 finance ministers and central bankers prepare to meet in Buenos Aires, the United States is likely to face intense questions over its aggressive tariff policies. Read More

Africa's 'bucket list' ski resort dreams of Olympic racers

Sunday, July, 22 2018    

AFRISKI, Lesotho (AFP) —- Nestled high in the mountains of Lesotho, skiers and snowboarders from around the world rub shoulders at Africa's leading ski resort, which is cultivating a loyal clientele despite its diminutive size and remote location. Read More

Noel heads JBA

Friday, July, 20 2018    

David Noel, CEO and president of Scotia Group Jamaica Ltd and senior vice-president and head of the Caribbean Central & North was yesterday unanimously elected to the role of president of the Jamaica Bankers Association (JBA) at its Annual General Meeting. Read More

Local companies need to implement anti-cybercrime technology

Friday, July, 20 2018    

Jamaica has access to all the latest technologies to assist with crime fighting and cybercrime, but needs to exercise the will and urgency to implement them as other nations have done. Read More

Christmas in July

Friday, July, 20 2018    

Outside, the temperatures may have been hitting the mid-30s, but that was no obstacle for patrons attending Christmas in July inside the air conditioned Jamaica Pegasus in New Kingston yesterday. Read More

Cruise passenger arrivals exceed one million in St Kitts

Friday, July, 20 2018    

BASSETERRE, St Kitts (CMC) — St Kitts and Nevis has reached a milestone as the federation welcomed its millionth cruise ship passenger on Monday. Read More

Pure looks at Caribbean market

BY KARENA BENNETT Business reporter bennettk@jamaicaobserver.com | Friday, July, 20 2018    

Very Amazing Products (VAP) Ltd, which trades under the Pure brand, has pumped $50 million into the purchase of pouch and sachet packing machines in a move to drive revenue up 15 per cent over the next year. Read More



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