Business

BOJ introduces new liquidity standards for banking sector

The Bank of Jamaica (BOJ) has imposed new liquidity standards for the island's banking sector, which will be phased in over a one-year period beginning this month. Read More

Riu Ocho Rios invests US$85 million in renovation
The Riu hotel group has invested some US$85 million to undertake a major renovation exercise at its property in Ocho Rios, St Ann, which was opened in 2005. The spend represents the most the hotel chain has ever used for the funding of renovation at any of its...... Read More

The changing nature of work and Jamaica's place in the 4th Industrial Revolution
Within the last decade it is believed that Jamaica, among other countries worldwide, has began to witness the changing nature of work. With aspects of the 4th Industrial Revolution having begun to manifest in workspaces, through heightened use of technologically driven operations, the...... Read More

DBJ and Sagicor sign new agreement for redesigned Credit Enhancement Facility
The Development Bank of Jamaica (DBJ) and Sagicor Bank last week signed a partnership agreement for DBJ's redesigned Credit Enhancement Facility (CEF).... Read More

GOJ to Flagaman farmers rescue

Wednesday, October, 23 2019    

Two months after fire caused damages to farm lands of several farmers in Flagaman, St Elizabeth, the Government has provided approximately $50 million worth of relief supplies for 47 farmers in Flagaman, who suffered losses during the fire on August 16. Read More

The power of ethics

BY SHELLY ANN MOHAMMED | Wednesday, October, 23 2019    

This year, Global Ethics Day fell during our quarter three brand theme on the Power of Ethics. Read More

Jamaica Customs — striking the balance between trade and border protection

Wednesday, October, 23 2019    

The use of risk management by custom administrations is on the rise globally. Traditionally, managing risks affecting administrations was ad hoc, largely based on perception and required 100 per cent physical intervention. Read More

We are not cutting out BPO jobs- Gloria Henry

Wednesday, October, 23 2019    

President of the Business Process Industry Association of Jamaica (BPIAJ) Gloria Henry has said that despite all the talk of the 4th Industrial Revolution and the changing nature of work, the Business Process Outsourcing (BPO) sector for many years to come will continue... Read More

Jamaican technology firm enters US market

BY BALFORD HENRY Senior staff reporter balfordh@jamaicaobserver.com | Wednesday, October, 23 2019    

Jamaican-founded digital transformation firm Ingenuity Technologies Limited says it has entered the US market and secured its first US customers. Read More

Praise for Jamaica from Georgieva

BY ALEXIS MONTEITH Observer writer | Wednesday, October, 23 2019    

International Monetary Fund (IMF) Managing Director Kristalina Georgieva recently gave special recognition to Jamaica for its efforts in engineering an economic turnaround with the IMF's support in recent years. Read More

Social media and your staff

Hanniffa Patterson | Wednesday, October, 23 2019    

A few weeks ago a staff member of a well-known company posted quite a deplorable tweet, with regards to some actions he planned to take. As is customary, the “Twitterverse” went into high gear, and in no time, screenshots were taken and the young man in question was reported... Read More

Carib Cement holds business-building workshop

Wednesday, October, 23 2019    

Carib Cement, the country's sole cement manufacturer and member of the larger Cemex Group, recently facilitated a workshop and had a soft launch of its 'distributors' academy. This, as the company seeks to continue its stakeholder education drive. Read More

Steady growth of Sagicor Investments' Sigma US-Dollar funds

Wednesday, October, 23 2019    

Sagicor Investments Jamaica is reporting a steady growth rate of the three newly launched unit trust funds after one year on the local market. The funds — Sigma Global Bonds, Sigma Global Equity and Sigma Global Corporate — have had a year-to-date growth... Read More

itelbpo nears completion of specialised AI platform

Wednesday, October, 23 2019    

Jamaican homegrown Business Process Outsourcing (BPO), itelbpo, is nearing completion of its implementation of specialised artificial intelligence (AI) platform, Observe AI, to transform learning and development across the global organisation. Read More

JMEA signs MOU to improve access to funding for SMEs

Wednesday, October, 23 2019    

The Jamaica Manufacturers and Exporters Association (JMEA) on Wednesday signed a memorandum of understanding (MOU) with St Elizabeth Sloane & Company to secure better ways to access funding for its members, especially those within the micro, small and medium-sized... Read More



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