Business

Nearing the finish line

Thursday, July, 18 2019    

The Usain Bolt logo — a silhouette of the Olympic champion's famous victory stance — is now getting top billing on 76 Tower on Half-Way-Tree in Kington. Read More

US to support alternative energy projects in Caribbean

Thursday, July, 18 2019    

JAMAICA is among several Caribbean countries slated to benefit from United States (US) Department of State support to implement alternative energy-related projects. Read More

Automation has doubled in global manufacturing

Thursday, July, 18 2019    

WASHINGTON, United States (AFP) — The use of robots in US manufacturing has more than tripled over the two decades and has doubled in the rest of the world, replacing certain categories of workers, according to a report published Monday. Read More

Digicel Grenada to conduct internal probe

Thursday, July, 18 2019    

ST GEORGE'S, Grenada (CMC) — Digicel, the telecommunications service provider, which has an arrangement with the Government of Grenada to service all of its telecommunications needs, yesterday announced plans for an internal investigation into how... Read More

Sagicor Select Funds IPO oversubscribed

Wednesday, July, 17 2019    

Sagicor Select Funds Limited initial public offering (IPO) closed yesterday, with initial indications showing that its Sagicor Financial Select Fund IPO has more than 13,000 applications. Read More

All hands on deck for financial inclusion

BY ABBION ROBINSON Business reporter | Wednesday, July, 17 2019    

Global economic expert and former International Monetary Fund (IMF) executive, David Marston says financial inclusion is a national imperative to drive growth. Read More

Five per cent growth not possible in near future — Golding

BY KELLARAY MILES Observer business writer | Wednesday, July, 17 2019    

Opposition spokesman on finance Mark Golding is of the view that “we are nowhere near five per cent growth projected by the Government through the Economic Growth Council”. Read More

Jamaica's annual World Bank subscription increased

BY DURRANT PAGE Observer writer | Wednesday, July, 17 2019    

Jamaica like other member countries of the International Bank for Reconstruction and Development (IBRD), better known as the World Bank, has seen its annual contribution hiked based on the bank's 2018 General and Select Capital Increases in share allocation. Read More

From livestock raring to Airbnb, eco-tourism

BY ANTHONY LEWIS Observer writer | Wednesday, July, 17 2019    

RAMBLE, Hanover —Managing Director of Collorn Agri Enterprise Limited Collin Wright is disclosing that plans are currently in high gear to open his 376-acre cattle farm for eco-tourism by the end of the year. Read More

BOJ survey shows paucity in banks offering FX hedging contracts

BY DURRANT PAGE Observer writer | Wednesday, July, 17 2019    

A recent survey by the Bank of Jamaica (BOJ) has shown a paucity in local banks offering foreign exchange (FX) forwards or hedging contracts to businesses seeking to mitigate foreign exchange losses during periods of volatility. Read More

IMF and its changing partnership with Jamaica

BY KELLARAY MILES Business reporter kmiles@jamaicaobserver.com | Wednesday, July, 17 2019    

As the International Monetary Fund (IMF) readies to pack up and leave Jamaica in its current official capacity, there is sustained hope that the country will continue on its committed path of fiscal regulation and austerity for increased growth and... Read More

Gwest loses its CEO amid financial haemorrhaging

BY DURRANT PATE Observer business writer | Wednesday, July, 17 2019    

Gwest Corporation's financial hemorrhaging has cost its first victim, as chief executive officer Marce Hayles has been separated from the Montego Bay-based company.Hayles resigned from her position effective July 5, just six months into the job. Read More

Everything Fresh in expansion mode

BY DURRANT PATE Observer Writer | Wednesday, July, 17 2019    

Having acquired controlling interest in meat processing and packaging plant Meat Experts in January this year, Everything Fresh Ltd has identified other strategic expansion locally and regionally. Read More

The benefits of joy in the workplace

BY KELLARAY MILES Business reporter milesk@jamaicaobserver.com | Wednesday, July, 17 2019    

Some life coaches have noted that one of the most important lessons that companies have learnt over time is that by encouraging and fostering a fun work environment and one that inspires employees to take joy in their work can reap enormous benefits. Happy employees are... Read More

'Christmas in July'

Wednesday, July, 17 2019    

Some 120 local producers of authentic Jamaican gift and souvenir items are set to showcase their products and network with corporate entities and various industry players at the fifth staging of “Christmas in July”. Read More



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