Business

Paradise Park Solar Farm to be ready by summer

Work on the Paradise Park Solar Park, which broke ground in December 2017, is scheduled for completion this summer. Read More

Whopper suggests Jamaican dollar is undervalued against ... but overvalued against many others
JAMAICA no longer has a McDonald's fast food restaurant, so it is not included in The Economist newspaper's Big Mac Index. It is one of the few places that doesn't have a restaurant from that American chain, and the Big Mac is sold in some 120 countries.... Read More

Guardian Life makes record profits for 20th anniversary
FOR the first time in its 20-year history, Guardian Life Limited has achieved a consolidated net profit of $6.9 billion.... Read More

Still waiting for test results
Dear ClaudienneI am writing to you. I am 65 years old and I did a blood test at the Spanish Town hospital on the 20th of July 2018. Until now I have not got the result o f the test.... Read More

IDB introduces free online courses for education professionals

Sunday, March, 17 2019    

The Inter-American Development Bank (IDB) has launched two free online courses targeted at education professionals and students from the Caribbean interested in improving their knowledge. Read More

IDB is first multilateral lender to recognise envoy of Venezuela's Guaido

Sunday, March, 17 2019    

WASHINGTON, United States (AFP) — The Inter-American Development Bank on Friday officially recognised the representative named by Venezuela's opposition leader Juan Guaido, the first multilateral institution to take that step. Read More

In Caracas, water an obsession after days of blackout

Sunday, March, 17 2019    

CARACAS, Venezuela (AFP) — Plastic bottles and containers at the ready, Keisy Perez ignores the stench from the brown river as it slips slowly through the grimy San Agustin district of Venezuela's capital. Read More

HEART signs MOU with City & Guilds of London

Sunday, March, 17 2019    

CITY & Guilds of London Institute has signed off on a Memorandum of Understanding (MOU) with the HEART Trust/NTA aimed at providing students of the HEART Academies with globally recognised certifications in maths and English. The agreement took place at HEART's head office in New Kingston... Read More

The 14 stages of investor behaviour

BY Lisa Minto | Sunday, March, 17 2019    

Behavioural Finance is the study of investor behaviour, which endeavours to understand and explain how investors think, act and why they do what they do. Most investors understand the concept of buying low and selling high. However, because they allow fear, greed and other emotions to influence... Read More

Cuba taps into high-end luxury tourist market

Sunday, March, 17 2019    

HAVANA, Cuba (AFP) — In Havana, there's a shop selling a camera for more than US$25,000 — roughly 850 times the average monthly wage in Cuba. Read More

Hundreds of thousands join world youth climate demo

Sunday, March, 17 2019    

MONTREAL, Canada (AFP) — Hundreds of thousands of young people skipped school across the globe on Friday to march through the streets for an international day of student protests aimed at pushing world leaders into action on climate change. Read More

Unclaimed moneys

BY VENICE WILLIAMS-GORDON | Sunday, March, 17 2019    

Under Section 16 of the Banking Act of Jamaica, every banking institution in Jamaica is obliged to file an annual return with the Bank of Jamaica. Read More

Rainforest Seafoods and Shorelinez get HACCP certification

Friday, March, 15 2019    

Jamaica's leading fish processing company, Rainforest Seafoods, is one of very few fish processing companies in the Caribbean to have achieved HACCP certification. They have now been joined by another Caribbean-based fish processing entity, Shorelinez Inc in Barbados. Read More

First Rock looks to Florida expansion

BY KARENA BENNETT Business reporter bennettk@jamaicaobserver.com | Friday, March, 15 2019    

Investment firm, First Rock Capital Holdings Limited, plans on expanding its footprint across the region in addition to Florida, United States, after successfully closing a private placement for $2.5 billion. Read More

Happy Ice, Pure Ice merge operations

BY KARENA BENNETT Business reporter bennettk@jamaicaobserver.com | Friday, March, 15 2019    

Pure National Ice Ltd will get a state-of-the-art manufacturing facility valuing over $350 million, following a merger between the company and Norbrook Equity Partners' owned, Happy Ice. Read More



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