Business

Experts praise new tourism pension scheme

The Tourism Workers Pension Scheme, which was approved earlier this year in Parliament, has continued to receive the thumbs up across the pension/retirement landscape. Read More

Making it as a DJ
Oswald Soutar is a 36 year old deejay in Montego Bay who is known in the entertainment industry as DJ Blu the Jedi. Those who know him personally simply refer to him as Blu. He has pursued his craft since he was a 12-year-old boy living in Kingston and has successfully made a living from his...... Read More

Never a dull moment with Emaunel DaRosa
on route to success in the engineering field, this weeks' Q10 participant who has spent some 28 years in the electrical energy sector, working in the areas of generation, transmission and distribution, came to Jamaica to take up a top post vacated by a tiny woman with big footprints.... Read More

Profit up for VM Investments
Victoria Mutual Investments Limited (VMIL) reported on Wednesday an unaudited net profit of $244.61 million for its third quarter ended September 30, 2019, a 69 per cent increase when compared with the corresponding period last year.... Read More

PanJam and Portland Private Equity acquire minority stakes in itelbpo

Sunday, November, 17 2019    

PanJam Investment Limited (PanJam) and Portland Private Equity (Portland) recently announced that they have entered into an agreement to each acquire a 15 per cent ownership stake in Outsourcing Management Limited (OML), which trades as itelbpo. Read More

The coffee conundrum: consumption is up but trade prices are low

Sunday, November, 17 2019    

LONDON, United Kingdom (AFP) — Despite a steady increase in coffee consumption around the world, trade prices have fallen dramatically in the past three years, hitting producers. Read More

Board changes at SSL

BY ALEXIS MONTEITH Observer writer | Sunday, November, 17 2019    

SSL Venture Capital Jamaica Limited (SSLVC) has seen a number of departures from its board of directors over the past two months. This began in September when on the 13th of that month Mark Croskery resigned as chairman and CEO of the company to pursue other... Read More

Negative interest rates: the latest 'fad' for international bond markets?

The Sterling Report | Sunday, November, 17 2019    

One of the most intriguing things occupying the attention of global financial markets is the notion of negative interest rates. In fact, there are currently more than US$13 trillion worth of global bonds having a negative yield and the majority of these bonds are from... Read More

In election pledge, UK Labour promises free broadband for all

Sunday, November, 17 2019    

LONDON, United Kingdom (AFP) — Britain's main opposition Labour party on Friday promised free, fast broadband Internet for everyone, in the most eye-catching of a series of big spending pledges ahead of next month's election. Read More

SMEs globally lack support to tackle bribery and corruption

Sunday, November, 17 2019    

A survey of 932 experts, commissioned by the Association of Chartered Certified Accountants (ACCA), has revealed that 60 per cent believe there is insufficient guidance for small -and medium-sized enterprises (SMEs) to combat bribery and corruption. Read More

Receipts needed before getting UTECH refund

Claudienne Edwards | Sunday, November, 17 2019    

Dear ClaudienneI completed a baking course at the University of Technology (UTECH), Jamaica in 2017.There is a negative balance of $25,000 on my account and I have applied for the amount to be refunded several times. Read More

Eurol Lubricant out of Holland newest entrant to the Jamaican lubricant market

BY DURRANT PATE Observer business writer | Friday, November, 15 2019    

A new line of lubricants and additive products, which is said to be top of the line out of Europe, is being introduced to the Jamaican market by Miracle Corporation. Read More

FX volatility posing a major threat to manufacturers — JMEA

Friday, November, 15 2019    

The Jamaica Exporters and Manufacturers Association (JMEA) yesterday issued comments regarding the prolonged decline of the Jamaican dollar over the last couple of days. Read More

Honey Bun launches foundation for SMEs and the creative industry

BY ABBION ROBINSON Business reporter robinsona@jamaicaobserver.com | Friday, November, 15 2019    

Jamaican baking company Honey Bun Limited has launched the Honey Bun Foundation, which it says will facilitate the growth of small and medium-sized enterprises (SMEs) and entrepreneurs in the creative industry. Read More

PIAJ cautions start-up companies about investments coming their way from new pension regulations

BY DURRANT PATE Observer business writer | Friday, November, 15 2019    

The Pensions Industry Association of Jamaica (PIAJ) is cautioning start-up companies seeking to benefit from the new pension regulations, which lifts the restrictions on pension funds investing in such entities. Read More



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