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Business

Sandals Resorts closes amidst COVID-19

Wednesday, April, 1 2020    

THE Caribbean's popular all-inclusive resort chain, Sandals and Beaches Resorts, has announced the temporary closure of its hotels in response to the impacts of the novel coronavirus disease (COVID-19). Read More

COVID-19 pressures Digicel

BY DURRANT PATE Observer business writer | Wednesday, April, 1 2020    

The internationally acclaimed rating agency Fitch is expressing the view that Caribbean telecoms giant Digicel may be unable to repay debt due this year, even as it gets a 30-day grace period for interest payments on US$2.9 billion worth of debt. Read More

YEA calls for greater collaboration between Government and business associations

BY ABBION ROBINSON Business reporter robinsona@jamaicaobserver.com | Wednesday, April, 1 2020    

President of the Young Entrepreneurs Association (YEA) Cordell Williams-Graham has underscored the need for greater collaboration between the Government and business associations, to create strategies to address the core problems facing the micro-, small- and medium-sized enterprises (MSME)... Read More

PIOJ hosts climate change training series

Wednesday, April, 1 2020    

The Planning Institute of Jamaica (PIOJ), under the Improving Climate Data and Information Management project (ICDIMP), recently hosted a five-part training series geared at improving the understanding of the measurement, collection and application of soil moisture data for... Read More

Financial grants for informal sector

BY ABBION ROBINSON Business reporter robinsona@jamaicaobserver | Wednesday, April, 1 2020    

Finance Minister Dr Nigel Clarke says members of the informal sector stand to benefit from financial grants to cushion the impact of the novel coronavirus disease (COVID-19). This includes bar operators, hairdressers, taxi operators, barbers, and market... Read More

Pulse Investments projects 5 per cent reduction in revenues

BY KELLARAY MILES Business reporter milesk@jamaicaobserver.com | Wednesday, April, 1 2020    

Pulse Investment Limited says that given the global downturn in the international modelling industry brought about by the impact of the novel coronavirus disease (COVID-19), they are expecting to lose about five per cent or some $60 million in earnings at the end of this financial... Read More

Real estate board advises public to access services online

Wednesday, April, 1 2020    

IN light of the novel coronavirus disease (COVID-19) and the need to observe social distancing as a means of containing the spread, chief executive officer of the Real Estate Board and Commission of Strata Corporations Sandra Garrick is advising the public to utilise the entity's online... Read More

No clearance of goods for people in quarantine

Wednesday, April, 1 2020    

Jamaica and many other countries have been negatively affected by the coronavirus disease (COVID-19). The impact of this virus has had unprecedented and far-reaching effects globally. It is therefore crucial that the public and private sector, and Jamaicans on a whole,... Read More

Speedy action needed for economic reform amidst COVID-19-OECD

BY KELLARAY MILES Business reporter milesk@jamaicaobserver.com | Wednesday, April, 1 2020    

With the coronavirus (COVID-19) outbreak already bringing considerable suffering and major economic disruptions across the world, there is the view that only swift and decisive actions by governments and their nationals will help countries overcome the disease and its... Read More

Sagicor Bank advises point-of-sale merchants

Wednesday, April, 1 2020    

Sagicor Bank, in ensuring that safety is practised while using point-of-sale (POS) and mobile point-of-sale (MPOS) devices to conduct business in light of the new realities of the novel coronavirus (COVID-19) pandemic, has urged merchants to exercise every... Read More

Well-being in hard times

BY SHARON CRITCHLOW | Wednesday, April, 1 2020    

Many of us who have been through the 2008 financial crisis are looking back at our coping strategies diuring that difficult time and are thinking of how we can apply them again today. Read More

E-signatures and e-contracts in the 'working remotely' age

with KERRY ANNE MAYNE | Wednesday, April, 1 2020    

Globally, many brick and mortar enterprises are shutting their physical office doors due to the outbreak of COVID-19. This has forced employees of these businesses to transition to the new norm of working remotely. Similarly, clients and other stakeholders have had to... Read More

What high crime means to Jamaica: While it persists, get used to low growth

Dennis Jones | Wednesday, April, 1 2020    

No amount of comparison changes the fact that Jamaica's crime problems are Jamaica's problems, and for it to solve, alone or with the help of outside agencies. Read More

Meet Eric Yuan, the man who makes your Zoom meetings possible

Wednesday, April, 1 2020    

NEW YORK, United States (AP) — If you hadn't already heard have of Zoom Video Communications, there is a decent chance you've made its acquaintance over the past few weeks. Read More

China's manufacturing rebounds as virus controls ease

Wednesday, April, 1 2020    

BEIJING, China (AP) — China's manufacturing rebounded in March as authorities relaxed anti-disease controls and allowed factories to reopen, an official survey showed yesterday, but an industry group warned the economy has yet to fully recover. Read More



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