Business

Ambassador Rattray to speak at JCC 36th Annual Awards Ceremony

Tuesday, June, 19 2018    

Permanent Representative of Jamaica to the United Nations, Ambassador E Courtenay Rattray, is set to give remarks as the keynote speaker for this year's 36th Annual Jamaica Chamber of Commerce (JCC) Awards Ceremony. Read More

World Bank rep charges Jamaican leaders to apply specific doing business measures

BY HORACE HINES Observer staff reporter | Monday, June, 18 2018    

MONTEGO BAY, St James — A World Bank representative is appealing to Jamaican leaders to put systematic and specific measures in place to correct the fluctuating ratings for ease of doing business on the island. Read More

US slaps 25% tariffs on $50 b in Chinese imports

Saturday, June, 16 2018    

WASHINGTON, DC, USA (AP) — Vowing to cut US trade deficits and protect the nation's high-tech “crown jewels,” President Donald Trump said yesterday he's levying a 25 per cent tariff on up to $50 billion worth of Chinese imports, instantly escalating a trade dispute... Read More

Japan OKs economic plan that allows more foreign workers

Saturday, June, 16 2018    

TOKYO, Japan (AP) — Japan's Cabinet yesterday adopted an economic plan that would allow more foreign workers, as the rapidly aging country seeks to make up for its declining workforce. Read More

A 'Likkle Tea' goes a long way

BY CHERRIES WILES Observer writer | Friday, June, 15 2018    

Patrique Goodall could hardly contain her excitement and passion for tea as she sat down with the Jamaica Observer on Wednesday. With wide eyes and an even wider smile, Goodall, the proprietor of Likkle Tea, a local line of premium hand-picked and blended loose leaf... Read More

Express Catering expecting big buzz from new Starbucks locations

BY BALFORD HENRY Senior staff reporter balfordh@jamaicaobserver.com | Friday, June, 15 2018    

Express Catering Limited (ECL) directors recently declared an interim dividend payment of US 0.36645 cents (US$0.0036645) per share for a total of US$6,001,437.50 to all shareholders on record as at June 15, 2018. Read More

Fontana to open flagship location in Kingston

Friday, June, 15 2018    

Fontana Pharmacy is set to open its sixth branch at the new Waterloo Square on the corner of Waterloo Road and West Kings House Road by summer 2019. Read More

Grace patties making a great turnover in US market

BY KARENA BENNETT Business reporter bennettk@jamaicaobserver.com | Friday, June, 15 2018    

A year after diversifying into the business of manufacturing and distributing frozen patties, conglomerate GraceKennedy is already boasting on an increased sale of the product by 200 per cent. Read More

As JIF closes, tourism minister appeals for investments in shopping

BY HORACE HINES Observer staff reporter hinesh@jamaicaobserver.com | Friday, June, 15 2018    

Insisting that the shopping experience in Jamaica is woefully lacking, Tourism Minister Edmund Bartlett is wooing international investors into the destination to take the plunge in that arena. Read More

Young restaurateurs take Jamaican cuisine to Vermont

Friday, June, 15 2018    

MONTPELIER, United States (AP) — Kool Runninz is an apt remodelling of an old Jamaican tradition that takes advantage of the full flavour of a tropical island's favourite fare. Read More

Sygnus to list US$, J$ shares on Monday

Friday, June, 15 2018    

Tripling its initial subscription target of US$10 million to raise a total of US$33.5 million ($4.2 billion), Sygnus Credit Investments Ltd will on Monday list its shares on the main J$ and US$ market of the Jamaica Stock Exchange (JSE). Read More

Nicaragua: two months of deadly chaos

Friday, June, 15 2018    

MANAGUA, Nicaragua (AFP) — A nationwide strike in Nicaragua on Thursday comes after two months of escalating crisis in which a government crackdown on mass protests has left more than 150 people dead. Read More

Venezuela's hyperinflation at new dizzying high

Friday, June, 15 2018    

CARACAS, Venezuela (AFP) — Venezuela's sky-high inflation soared to 24,571 per cent in the past 12 months, lawmakers said Monday. Read More

ExxonMobil announces the start of drilling off shore in Guyana

Wednesday, June, 13 2018    

GEORGETOWN, Guyana, (CMC) — The US-based oil giant ExxonMobil yesterday announced that it has started development drilling offshore. Read More

Unicomer $8-billion bond offer a success

Wednesday, June, 13 2018    

Lifestyle conglomerate Unicomer, which trades as Courts, has successfully closed an $8-billion bond offer. Read More



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