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


When will the giving and receiving of gifts land you on the naughty list?

With Kerri-Anne Mayne | Wednesday, December, 25 2019    

'T is the season for giving, but what giving will land you on the naughty list? It is customary during the Christmas season to give a token to public servants to show appreciation for their assistance throughout the year. Business owners and other... Read More

Key areas of focus for an effective board

by STEVE GILES | Wednesday, December, 25 2019    

'Where was the board?' This is always one of the first questions asked following a major corporate failure. It happened in the early 1990s and remains the case today, most recently with a series of going concern cases (BHS, Carillion, Thomas Cook) highlighting the critical importance of... Read More

Mixed bag for Christmas shopping experience

BY KELLARAY MILES AND ABBION ROBINSON Business reporters editorial@jamaicaobserver.com | Wednesday, December, 25 2019    

At Christmas time in Jamaica streets are lined with lots of sellers and buyers, as people from near and far seek to purchase presents and more for the season. A profiling of the commercial activities in the corporate areas has revealed that while the streets may be lined with people, not... Read More

Church of England questions ethics of investment in AI

Wednesday, December, 25 2019    

LONDON, United Kingdom (AFP) — The Church of England has launched a study into an existential question: do its investments in big-tech giants contradict the Christian faith? Read More

Argentina is in 'virtual default' says president

Wednesday, December, 25 2019    

BUENOS AIRES, Argentina (AFP) — Argentina's President Alberto Fernandez said Sunday the South American country is in virtual default and compared the situation with the 2001 crisis — the worst in its recent history. Read More

Tourism's gifts and woes for Santa and Sami homeland

Wednesday, December, 25 2019    

ROVANIEMI, Finland (AFP) — In Finland's remote Lapland region, the Santa Claus Village amusement park is a snowy wonderland of reindeer rides, ice castles, snowmobiles and igloo hotels where Christmas holds sway 365 days a year. Read More

West African opinion divided over CFA franc reform

Wednesday, December, 25 2019    

DAKAR, Senegal (AFP) — Plans to overhaul the CFA franc, a France-backed currency used by former colonies in West Africa, have drawn reactions ranging from scepticism to cautious optimism. Read More

DFL Importers embracing plastic ban with eco-friendly products

Monday, December, 23 2019    

DFL Importers, once the largest local supplier of polystyrene (Styrofoam) food containers, has retrofitted its operations and is now offering a range of eco-friendly products made from materials such as cardboard, bagasse, minerals and paper in conformity with international... Read More

First Rock seeks to raise upwards of over US$18.5 million in IPO for January 2020

BY DURRANT PATE Observer business writer | Sunday, December, 22 2019    

Regional investment outfit, Frist Rock Capital Holdings is seeking to raise upwards of US$18.5 million in an initial public offer (IPO), which could be upsized to 159 million shares in the start-up company, that has offices in Jamaica and a number of Caribbean... Read More

Boss Lady Lisa Bell learns to trust her own instincts

Sunday, December, 22 2019    

This week's Q10 participant defines success as being able to impact someone else's life positively. Her drive, influenced by a culmination of the values taught by her parents, includes being a responsible citizen, working towards excellence in her profession and always giving... Read More

Haul and Pull Up this service

BY KELLARAY MILES Business reporter milesk@jamaicaobserver.com | Sunday, December, 22 2019    

It was sheer frustration from long waiting times and poor service quality that led founder and chief executive officer (CEO), Delon Wauchope and partners to conceptualise the company Haul and Pull Up, which they say, with the use of technology and digitisation, the... Read More

Christmas checklist

BY YANIQUE LEIBA-EBANKS | Sunday, December, 22 2019    

Have you noticed that every year seems to go faster than the last? Chancesw are, you had a mixed year. In the midst of the silly season you will hope for some quiet moments when you can take stock of your successes and strategise over the things you weren't able to accomplish, perhaps mull over... Read More

BOJ holds policy rate

Sunday, December, 22 2019    

The Bank of Jamaica (BOJ) on Friday announced its decision to continue in holding the policy interest rate (the rate offered on overnight balances at the bank) unchanged at 0.50 per cent per annum, effective December 23, 2019. Read More

JMMB explains long wait for clearing of international cheques

Claudienne Edwards | Sunday, December, 22 2019    

Dear ClaudienneI have been trying to make contact with you regarding an issue I have with JMMB.The issue has to do with the length of time it takes the bank to credit my account although the cheque has been cleared by the issuing bank. Read More

Scotiabank steps up anti-fraud activities

BY DURRANT PATE Observer business writer | Sunday, December, 22 2019    

Scotiabank has stepped up its anti-fraud detection activities amid the growing incidence of scamming and fraud in the local banking system. Read More


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