Jamaica Business News: Economy, Financial Sector & More ? Jamaica Observer - Business - JamaicaObserver.com


Ambivalence growing about business conditions in Jamaica reveals BOJ survey

More local businesses are ambivalent about the present and future business conditions in Jamaica. Read More

Derrimon Trading maintains growth despite COVID-19
Food and distribution company Derrimon Trading Limited has reported continued growth across business segments. The company is now looks forward to expansion plans despite the diminishing effects of the COVID-19 pandemic.... Read More

Caribbean Development Bank to lend US$70 million to The Bahamas, St Lucia to counter COVID-19 fallout
THE Caribbean Development Bank (CDB) has approved loans of US$40 million to The Bahamas and US$30 million to St Lucia in support of the countries' economic recovery and resilience during the COVID-19 period. ... Read More

Jerome Smalling --- the man who works smart and plays harder
A proud old boy of Munro College, this week's guest is a man of many passions but one who knows the difference between work and play. He defines success as being able to establish that balance in life, while contributing to family and society and just giving it your...... Read More

Jamaica Broilers sees good Xmas chicken inventories, despite COVID-19

BY BALFORD HENRY Senior Staff Reporter | Friday, September, 25 2020    

President and chief executive officer (CEO) of Jamaica Broilers Group Limited Christopher Levy is excited about the future of the company in the post-COVID-19 period, and is expecting good inventories for the upcoming Christmas season. Read More

Jamaica Producers Group sells most of its 32% stake in SAJE Logistics associated company

BY DURRANT PATE Observer Business Writer | Friday, September, 25 2020    

Jamaican conglomerate, Jamaica Producers Group (JPG), has offloaded most of its 32 per cent shareholding in its related real estate and property management company, SAJE Logistics Infrastructure Limited. Read More

Digital entrepreneurship to take centre stage at Joan Duncan lecture series

Friday, September, 25 2020    

Opportunities provided by digital entrepreneurship for economic development will take centre stage at this year's 7th staging of the Joan Duncan Memorial Lecture series. Read More

A virtual 2020 JAPEX

Friday, September, 25 2020    

Jamaica's premier tourism and attractions trade show, Jamaica Product Exchange (JAPEX) is still on for November 9-11, in spite of COVID-19 restrictions. Read More

Barbados PM offers solution to COVID-19 economic fallout

Friday, September, 25 2020    

Barbados Prime Minister Mia Mottley is calling for the formation of a Caribbean Liquidity and Resilience Facility for small to medium-sized countries in the wake of the novel coronavirus economic fallout. Read More

Caribbean Export to boost international competitiveness for SMEs in the service sector

Friday, September, 25 2020    

Caribbean Export Development Agency (Caribbean Export) — the regional trade and investment promotion agency — is set to host a training programme to enhance the export-readiness of small and medium-size enterprises (SME) in the service industry. Read More

We will get through COVID-19 – Chris Berry

Friday, September, 25 2020    

Executive chairman of Mayberry Investments, Christopher Berry, strongly believes that Jamaica is adjusting to the novel coronavirus pandemic. Read More

Tourism sector remains buoyant — Minister Bartlett

Wednesday, September, 23 2020    

DESPITE the adverse impact of the COVID-19 pandemic on the economy, Tourism Minister Edmund Bartlett says the tourism sector's investment climate remains buoyant, as evidenced by the number of projects on track for completion. Read More

Seprod builds out $2.5-billion distribution operation

BY KELLARAY MILES Business reporter milesk@jamaicaobserver.com | Wednesday, September, 23 2020    

After securing another good financial year despite the effects of the COVID-19 pandemic along with increased cost from discontinued operations, Seprod Limited said that the company is further seeking to expand its distribution footprint in the domestic and international... Read More

tTech getting ready to offer data compliance services

BY ABBION ROBINSON Business reporter robinsona@jamaicaobserver.com | Wednesday, September, 23 2020    

Aspiring to be the first, Chris Reckord, chief executive officer (CEO) of tTech Limited, says the company will be rolling out its data protection IT compliance services shortly. Read More

Barita completes $13.5-billion raise in additional equity despite COVID-19

Wednesday, September, 23 2020    

FOLLOWING an oversubscription of its initial $9-billion additional public offering (APO) of shares last week, Barita Investment Limited said it has raised the record $13.5 billion in capital, after an upsizing of the offer. Read More


Today's Cartoon

Click image to view full size editorial cartoon