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


First Rock

Sunday Finance can confirm that real estate development and private equity outfit First Rock Capital Holdings is undertaking an almost $2-billion upscale residential housing development in Liguanea, Kingston 6. Read More

It was the best of times, 'twas the worst of times
In the field of disasters, COVID-19 is unique as its unrelenting disastrous effects simultaneously undermine the health and economic sectors of a country in a reasonably short time. The fact that its variables are for the most part unknown makes it dangerous and makes...... Read More

Digicel brokers deal to reduce debt
REGIONAL telecoms giant Digicel has brokered a deal, which — if accepted by all its bondholders — could result in significant reductions in its mounting international debt, which currently stands at US$7 billion.... Read More

Good LUCK with COVID-19
It's difficult not to talk about this mushrooming health crisis. Every week seems worse than the previous ones. However, if only for the sake of maintaining our mental health, we should seriously consider strategically managing our information intake. The positive side effects of this...... Read More

Missing car title slows insurance claim

Claudienne Edwards | Sunday, April, 5 2020    

Dear ClaudienneIn an accident on June 5, 2019, I almost lost my life, and my car — a Mazda Premacy — was totally written off.I immediately informed the broker of the insurance company with which the vehicle was comprehensively insured. Read More

COVID-19 jobs: Medical microbiologist

Sunday, April, 5 2020    

Medical microbiology is a field of scientific study that includes looking at bacteria, viruses, and parasites — all of which can be seen as the cause, and often part of the cure — for various diseases and illnesses. Degrees can be obtained at the bachelor's, master's,... Read More

New board at KEY Insurance as GraceKennedy takes charge

Sunday, April, 5 2020    

A new board has been created at Key Insurance Company now that GraceKennedy has taken over management of the company. Read More

Life after Corona

Sunday, April, 5 2020    

You may look at this title and sigh. For many people, this has been a long, drawn -out process with seemingly no end in sight. Hardship is easier to bear when the end date is known. Read More

GraceKennedy continues to support small farmers

BY KELLARAY MILES Business reporter milesk@jamaicaobserver.com | Sunday, April, 5 2020    

GraceKennedy Limited (GK) has said that it will be assessing how to assist small farmers, especially in light of the recent predicament brought on the sector as a result of the novel coronavirus disease (COVID-19). Read More

ECC posts activity plans, videos for preschoolers online

Sunday, April, 5 2020    

THE Early Childhood Commission (ECC) announced on Thursday that it has implemented measures to assist parents and caregivers with the continued development of children up to five years old during the period of school closure due to COVID-19. Read More

Growth was flat for the fourth quarter — STATIN

Friday, April, 3 2020    

Total value added for the Jamaican economy was $197,013 million for the fourth quarter of 2019. This remained relatively unchanged when compared to $197,086 million for the similar quarter of 2018. The services industries grew by 1.2 per cent, while the goods producing... Read More

Jamaica's financial system remains sound and stable – FSSC But COVID-19 impacts looms

BY ABBION ROBINSON Business reporter robinson@jamaicaobserver.com | Friday, April, 3 2020    

Having reviewed the Bank of Jamaica (BOJ) 2019 Financial Stability Report, the Financial System Stability Committee (FSSC) has indicated that the data and analysis presented showed that Jamaica's financial system remains sound and stable. Read More

Farmers urged to view Caricom markets as a part of supply chain

BY KELLARAY MILES Business reporter milesk@jamaicaobserver.com | Friday, April, 3 2020    

As local farmers complain of having excess produce and a lack of market for their produce, they are being encouraged to take advantage of neighbouring Caricom markets as several of these regional counterparts rely heavily on imports. Read More

Global Tourism Resilience Centre to lead region's recovery post COVID-19

Friday, April, 3 2020    

The Global Tourism Resilience and Crisis Management Centre (GTRCM) based in the Caribbean will be charged with driving the recovery of tourism in the region following the passage of the novel coronavirus disease which has already debilitated much of the sector. Read More

Antigua PM writes World Bank and IMF seeking assistance for Caribbean countries

Friday, April, 3 2020    

ST JOHN'S, Antigua (CMC) – Antigua and Barbuda Prime Minister Gaston Browne has written to the International Monetary Fund (IMF) and the World Bank urging that the financial institutions agree to a number of initiatives aimed at assisting Caribbean Community (Caricom) countries... Read More


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