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


Amber Connect preparing to enter non-English-speaking countries

By Durrant Pate Observer business writer | Friday, October, 23 2020    

Local technology and software company Amber Connect Group says its services are in demand in several non-English-speaking countries but its ability to capitalise on the requests is being hampered by language barriers and other challenges. Read More

Gara opens second Wendy's restaurant during COVID-19

Friday, October, 23 2020    

Amidst the slowdown of economic activities brought on by the novel coronavirus pandemic, Gara Restaurants Limited recently opened another Wendy's fast-food outlet, and said that its rapid expansion plan slated for this year is still on course. Read More

SVL gets regional 'Good Creditworthiness' rating

Friday, October, 23 2020    

Supreme Ventures Limited (SVL) has been assigned an overall 'good creditworthiness' rating by Caribbean Information & Credit Rating Services Limited (CariCRIS). Read More


BY DURRANT PATE Observer business writer | Friday, October, 23 2020    

A s many as 40 per cent of businesses surveyed in three Caribbean territories are struggling to pay their bills due to the ravages of COVID-19. Read More

FAJ to bolster SME support through virtual meet-ups

Friday, October, 23 2020    

First Angels Jamaica (FAJ) is hosting a series of five virtual meet-ups aimed at strengthening the small and medium-sized enterprises (SMEs) sector. Read More

Best plan Barbados style

Keith Collister | Friday, October, 23 2020    

Jamaica has just extended its BEST Cash grant for another quarter to the end of this year, for a total of nine months. The programme pays the salaries of local hotel workers, up to a cap, using the company payroll as a pass-through mechanism for government financing, with the objective... Read More

JMMB Group to accelerate digitisation

BY DAVID ROSE Observer business writer | Wednesday, October, 21 2020    

Jamaica Money Market Brokers Group Limited (JMMBGL) is continuing to digitise its operations in an effort to keep growing its balance sheet, which now stands at $400 billion, with its focus firmly set on a $9-billion profit target. Read More

NCB named among World's Safest Banks

Wednesday, October, 21 2020    

National Commercial Bank (NCB) Jamaica Limited has been named in Global Finance's list of the World's Safest Banks in 112 countries. Read More

H&L Agro sees uptick in sales during COVID-19

BY KELLARAY MILES Business reporter milesk@jamaicaobserver.com | Wednesday, October, 21 2020    

WHOLESALE and retail distributor of agricultural products, H&L Agro — a subsidiary of Hardware and Lumber (H&L) Limited — says the COVID-19 pandemic has resulted in an increase in the sale of farm, garden and other agricultural inputs. Read More

Despite COVID-19, crime the most critical issue facing Jamaica, JCC survey reveals

BY ABBION ROBINSON Business reporter robinsona@jamaicaobserver.com | Wednesday, October, 21 2020    

Despite the central bank's projection that the economy will contract by between seven and 10 per cent during the 2020-21 fiscal year due to the impact of the novel coronavirus pandemic, local businesses have again said that the number one problem the country faces at... Read More

Mariame McIntosh Robinson: a game-changer

Wednesday, October, 21 2020    

In a country which boasts of having more than 50 per cent of its women in management positions but fewer than 25 per cent at the top, former management consultant at McKinsey and Company, partner at Portland Private Equity and 1998 Rhodes scholar Mariame McIntosh... Read More

The Pegasus Pivot

BY DURRANT PATE Observer business writer | Wednesday, October, 21 2020    

With declining sales from the fall-off in visitors as a result of COVID-19, Jamaica Pegasus hotel has been forced to innovate and enter into the office space market. Read More

Top 10 steps to recruit strong salespeople

Wednesday, October, 21 2020    

FOR most companies, hiring the right salespeople has always been problematic. With the shortage of quality sales candidates, it is now more difficult than ever. The pressure to fill a role often causes sales management to hire the best from a limited and deficient pool of candidates... Read More

Life's a tech beach

Wednesday, October, 21 2020    

Kirk-Anthony Hamilton has gone beyond the dream of creating a Silicon Valley in the Caribbean. Hamilton is an architectural designer turned entrepreneur, investor, community curator and co-founder of Infiniti Partnership Inc, TechBeach... Read More

Amber Group formed to do good, says CEO Dushyant Savadia

By Kevin Jackson Observer writer | Wednesday, October, 21 2020    

A dedication to serve people was the inspiration behind Dushyant Savadia's decision to form Amber Group Limited, a global technology specialist firm, five years ago. Read More


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