Business

Jamaica slips to 79 in Global Competiveness Report

BY RICHARD BROWNE Business editor browner@jamaicaobserver.com | Friday, October, 19 2018    

Jamaica has lost its position as the highest-rated Caribbean island in the Global Competitveness Report, as it has slipped to 79th position from 70th position it held last year. As a result, Trinidad and Tobago is now the higest-rated Caribbean island. Read More

Barbados also denies being blacklisted by OECD

Friday, October, 19 2018    

BRIDGETOWN, Barbados (CMC) — The Barbados government Wednesday said it has never had a Citizenship by Investment Programme (CIP) as Bridgetown responded to a statement issued by the Paris-based Organization for Economic Cooperation and Development's (OECD) linking several Caribbean... Read More

St Vincent names new investors for hotel closed since 2016

Friday, October, 19 2018    

KINGSTOWN, St Vincent (CMC) — The St Vincent and the Grenadines Government says three people, including a Scotsman, are the new investors in Buccament Bay Resort, which has been closed since December 2016. Read More

Jamaican Teas eyes expansion of Caribbean Dreams line

Thursday, October, 18 2018    

With sales growing at an average of 17.5 per cent per annum for the past eight years, Jamaican Teas Limited plans on expanding its line of Caribbean Dreams products. Read More

'Not enough progress' yet to call November Brexit summit: EU source

Thursday, October, 18 2018    

Brussels , Belgium (AFP) Not enough progress has been made in Brexit divorce talks to call a November summit to draft a deal, a senior EU official said Wednesday. Read More

Facey selling shares in Seprod

Wednesday, October, 17 2018    

Facey Group Ltd, a subsidiary of the Musson Group, has invited offers for the purchase of 91,914,894 ordinary shares in the capital of Seprod Ltd. Read More

Diaspora wants Jamaica to capitalise on stock rally

Wednesday, October, 17 2018    

The Commonwealth Caribbean Enterprise Network (CCEN), a UK-based Caribbean Diaspora Business Network, has called on the Government and the local business community to use the current economic success, in addition to world-beating 233 per cent stock rally as highlighted... Read More

Oyster Bay opens tomorrow

Wednesday, October, 17 2018    

The Excellence Group Luxury Hotels and Resorts will officially open its newest luxury resort at Oyster Bay, Trelawny, tomorrow. Read More

Gov't travelling officers get $2.4 billion from supplementary estimates

BY BALFORD HENRY Senior staff reporter balfordh@jamaicaobserver.com | Wednesday, October, 17 2018    

GOVERNMENT travelling officers will receive $2.4 billion from the recently passed 2018/19 supplementary budget. Read More

Tourism honorees lauded

BY BALFORD HENRY Senior staff reporter balfordh@jamaicaobserver.com | Wednesday, October, 17 2018    

Minister of Tourism Edmund Bartlett says that the industry is on track to beat last year's record 4.3 million visitors and their US$3 billion in spending. Read More

Why pay for copyrighted works?

BY HELEN LIU | Wednesday, October, 17 2018    

Going to the movies or buying a legitimate copy of a song, album, book or DVD can seem expensive. It may seem cheaper and more convenient to simply stream a new movie or series or download a song or book from illegitimate sources. However, by doing so, you would have... Read More

MJE succesfully raises $2.2 billion in secured debt

Wednesday, October, 17 2018    

MAYBERRY Jamaican Equities Limited (MJE) on Thursday announced via the Jamaica Stock Exchange that it has successfully raised $2.2 billion in secured debt through Sagicor Investments Jamaica Ltd. Read More

Government orders security audit for tourism sector

Wednesday, October, 17 2018    

KINGSTON, Jamaica (CMC) — The Jamaica Government says it has ordered an intensive security audit of the tourism sector including hotels and attractions as part of efforts to strengthen destination assurance. Read More

Ethics and leadership

by Shelly-Ann Mohamed | Wednesday, October, 17 2018    

Global Ethics Day will be celebrated on 17 October this year. Established by the Carnegie Council in 2014, the day's focus is on ethics and professionalism. It also provides a moment in the year to explore the role of ethics in a globalised world. Read More

US sets new trade talks with EU, Japan, Britain

Wednesday, October, 17 2018    

WASHINGTON, DC United States (AFP) — US officials announced yesterday negotiations for separate trade agreements with Britain, the European Union and Japan as part of efforts by President Donald Trump's Administration to rebalance global commerce. Read More



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