Business

FLOW SMARTPHONE PROBLEM

Sunday, October, 27 2019    

Dear ClaudienneOn September 3, 2018, I purchased a smartphone from a FLOW dealer in Red Hills Mall on Red Hills Road. Read More

Teachers who don't flee Venezuela get side gigs to survive

Sunday, October, 27 2019    

CARACAS, Venezuela (AP) — Daixy Aguero holds her chin up when students wander by and are surprised to find their teacher selling make-up at a weekend Caracas street market. Aguero says it's the only way she can make ends meet on a teacher's pay in Venezuela.Some 40 per cent of... Read More

SEAF launches new private equity fund in the region for SMEs

BY KELLARAY MILES Business reporter milesk@jamaicaobserver.com | Friday, October, 25 2019    

Small Enterprise Assistance Fund (SEAF), an American-based investment management company partnering with Sagicor Investment, has moved to develop a private equity fund for small and medium-sized enterprises (SMEs) in the Caribbean. Read More

IPO in Lumber Depot to open within two weeks

BY DURRANT PATE Observer business writer | Friday, October, 25 2019    

Mayberry Investments Limited has announced that the initial public offer (IPO) of shares in Lumber Depot, a subsidiary of the Blue Power Group, will open within the next two weeks. Read More

JBG not going private declares director emeritus

BY DURRANT PATE Observer business writer | Friday, October, 25 2019    

The directors of Jamaica Broilers Group (JBG) sought to calm the fears of at least one minority shareholder that the company might be heading back into private hands owing to major shareholders purchasing large blocks of shares in recent times. Read More

The real need for labour reform

BY DENNIS CHUNG | Friday, October, 25 2019    

On October 20, a newspaper article titled 'Millennials struggling to survive on low-paying jobs', lamented the fact that many young people entering the job market are not able to find jobs that allow them to create a solid financial base. Read More

Embattled Haitian president vague about making life better for his people

Friday, October, 25 2019    

PORT-AU-PRINCE, Haiti (AFP) — Haitians fed up with poverty call him corrupt and incompetent and want him to resign, but President Jovenel Mo´se is evasive about yielding and offers only vague ideas for making things better. Read More

Invest St Lucia hosts training workshop on business incubator and accelerator model

Friday, October, 25 2019    

In its continuing efforts to launch its Business Incubator and Accelerator Programme, Invest St Lucia (ISL) undertook a three-day workshop from October 8-10, targeted at agencies providing business support services to the local business community. Read More

Jamaica improves its Ease of Doing Business score

BY RICHARD BROWNE Business editor browner@jamaicaobserver.com | Friday, October, 25 2019    

When it comes to the ease of doing business, Jamaica ranks as the best economy in the Caribbean — apart from the US Commonwealth island of Puerto Rico, according to a recent World Bank report. Read More

Key Insurance continues on its journey to recovery

Friday, October, 25 2019    

After incurring net losses of 167.5 million over the last financial year, Key Insurance has said that in pushing its company up to profitability levels, they will be undertaking more conservative measures in managing risk and improving their finances. Read More

BOJ introduces new liquidity standards for banking sector

BY DURRANT PATE Observer business writer | Wednesday, October, 23 2019    

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

BY HORACE HINES Observer staff reporter | Wednesday, October, 23 2019    

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

Wednesday, October, 23 2019    

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

Wednesday, October, 23 2019    

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



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