Business

Boss Furniture doubles Caribbean exports

BY HANNIFFA PATTERSON Business reporter pattersonh@jamaicaobserver.com | Friday, October, 27 2017    

The smile on Omar Azan's face is broader these days. That's because his Boss Furniture Company Ltd this month doubled exports to the Caribbean. Read More

A departure from the norm

Friday, October, 27 2017    

This Editorial was published by the Antigua Observer on October 25.  Read More

St Vincent cruise sector to benefit from hurricane damage to other Caribbean countries

Friday, October, 27 2017    

KINGSTOWN, St Vincent (CMC) — St Vincent and the Grenadines' tourism sector is expected to benefit as a result of the damage caused to other Caribbean islands by hurricanes Irma and Maria last month, Prime Minister Dr Ralph Gonsalves has said. Read More

More than 73,000 Puerto Ricans flee for Florida after Hurricane Maria

Friday, October, 27 2017    

MIAMI, United States (AFP) — More than 73,000 people have fled emergency conditions in Puerto Rico for Florida since Hurricane Maria devastated the US territory in the Caribbean. Read More

Mayberry execs foresee $1-b increase in SVL profit

BY KARENA BENNETT Business reporter bennettk@jamaicaobserver.com | Wednesday, October, 25 2017    

Newly appointed directors of Supreme Ventures Limited (SVL) Christopher Berry and Gary Peart are confident that the lottery and gaming company can increase profit by $1 billion over the next few months under the new board composition. Read More

Epican employs 20 for cannabis farm

BY KARENA BENNETT Business reporter bennettk@jamaicaobserver.com | Wednesday, October, 25 2017    

Cannabis cultivator Epican says it has already secured 20 skilled labourers for its 43,000-square-foot cultivation facility in Blue Mountains, St Andrew. Read More

Robin Levy returning to Ja Co-op Credit Union League as group CEO

Wednesday, October, 25 2017    

Robin Levy will get only two days' rest when he leaves the Jamaica Stock Exchange (JSE) on November 3, as he will take up his new job as group CEO at the Jamaica Co-operative Credit Union League on November 6. Read More

Self-financing public bodies record $3.96b surplus

Wednesday, October, 25 2017    

The Government is reporting that self-financing Public Bodies (SFPB) recorded an overall balance surplus of $3.96 billion for the first three months of the 2017/18 fiscal year ending June 30, relative to the targeted deficit of $1.45 billion. Read More

12 top CEOs nominated for Observer Business Leader Award

Wednesday, October, 25 2017    

The Jamaica Observer Business Leader Award programme will this year recognise a category of corporate personalities whose role in business success is often overshadowed by the central place that the owners of these institutions usually occupy. Read More

Heineken chairman optimistic about Jamaica

Wednesday, October, 25 2017    

Heineken N V Chairman Hans Wijers has expressed optimism for Jamaica's growth plans and the country's economic future.Wijers' comments followed a meeting with Prime Minister Andrew Holness on October 17 at Jamaica House, a company news release said. Read More

British Airways promoting London for Christmas

Wednesday, October, 25 2017    

British Airways is promoting travel to London for the coming Christmas and new year season, pointing to famous attractions in the historic city that last year welcomed a record 19.1 million overseas visitors. Read More

Photo: ASHLEY EXPANDS

Wednesday, October, 25 2017    

The new Ashley Furniture Homestore which opened in Fairview Shopping Complex, Montego Bay, yesterday. (Photo: Philp Lemonte) Read More

Ashley expands

BY KARENA BENNETT Business reporter bennettk@jamaicaobserver.com | Wednesday, October, 25 2017    

A year after opening its first outlet in Kingston, Jamaica, Ashley Furniture Homestore has expanded to Montego Bay. Read More

The shortened settlement cycle

WITH YANIQUE LEIBA-EBANKS | Wednesday, October, 25 2017    

On September 5, 2017, the US moved to a T+2 settlement cycle from the standard T+3 cycle. Firstly, let me explain what that means. Literally it is the trade date plus two days. If that's still Greek, then when you buy a stock, for example, on Tuesday, October 10, that is the trade date. Read More

Amazon receives 238 entries for second headquarters

Wednesday, October, 25 2017    

NEW YORK (AP) — Amazon will be sorting through 238 proposals from cities and regions in the United States, Canada and Mexico that are hoping to land the company's second headquarters and the investment it'll bring. Read More



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