Business

Cryptocurrency hedge fund manager for Destination Experience

BY DENNISE WILLIAMS Contributor | Sunday, April, 15 2018    

Jamaican attendees of the upcoming Destination Experience Visionaries Summit will get to interact and listen to superstar hedge fund manger John Burbank. Read More

Investing basics: Impact of the appreciation of the JMD on my investment

Sunday, April, 15 2018    

Over the past few years we have seen significant declines in the Jamaican Dollar against the US dollar. For example, 2014 began with an exchange rate of $106.38 to the US dollar. At the time of writing (April 13, 2018) the rate has reached $125.24. Read More

Guardian's exposure to Jamaica

BY JOSIMAR SCOTT Observer writer | Sunday, April, 15 2018    

Despite affirming positive credit ratings for Guardian Holdings Ltd (GHL) and its subsidiaries, a credit-rating agency recently expressed concern about “GHL's exposure to the country risk associated with Jamaica”; in particular, NCB Financial Group's bid to... Read More

Cyprus on front line against lionfish invasion of Med

Sunday, April, 15 2018    

Cyprus (AFP) — Equipped with harpoons and waterproof notebooks, Louis, Carlos and Antonis dive deep into the crystal clear waters of Konnos Bay in Cyprus on a mission to capture predatory lionfish. Read More

Trump considers rejoining TPP

Sunday, April, 15 2018    

NEW YORK, United States (AFP) — President Donald Trump said Thursday the US could re-enter the Trans-Pacific Partnership (TPP) if it could get a “better” deal, potentially marking an abrupt about-face for a president who campaigned against the deal and swiftly withdrew... Read More

'What next?' Cubans wonder as Castro era draws to a close

Sunday, April, 15 2018    

HAVANA, Cuba (AFP) -- They are farmers, musicians, dancers and fishermen and all of them hold different hopes for Cuba's future in the post-Castro era, where a new generation is preparing to take power for the first time in nearly 60 years. Read More

Mnuchin defends US call to slash support for development banks

Sunday, April, 15 2018    

WASHINGTON, United States (AFP) — US Treasury Secretary Steven Mnuchin on Wednesday defended budget proposals that would sharply cut or eliminate American support for multilateral aid agencies and programmes. Read More

Singapore tightens monetary policy, warns on trade tensions

Sunday, April, 15 2018    

SINGAPORE (AFP) — Singapore tightened its monetary policy for the first time in six years Friday on expectations of steady growth in 2018, but warned of risks from global trade tensions. Read More

Japan team maps 'semi-infinite' rare earth reserves

Sunday, April, 15 2018    

TOKYO, Japan (AFP) Japanese researchers have mapped vast reserves of rare earth elements in deep-sea mud, enough to feed global demand on a “semi-infinite basis,” according to a fresh study. Read More

Caricom secretary general says CSME a 'work in progress'

Saturday, April, 14 2018    

PORT OF SPAIN, Trinidad (CMC) — Caribbean Community (Caricom) Secretary General Irwin LaRocque says while the Caricom Single Market and Economy (CSME) continues to be a work in progress, it is sufficiently advanced to be used more effectively by the regional private... Read More

Commission says Caribbean economies will grow by average 1.4 per cent in 2018

Saturday, April, 14 2018    

SANTIAGO, Chile (CMC) — The Economic Commission for Latin America and the Caribbean (ECLAC) has updated its economic activity growth projections for the region this year, keeping its estimate for average regional expansion at 2.2 per cent, after growing 1.2 per cent last... Read More

St Kitts promotes citizenship programme to Dubai and Hong Kong

Friday, April, 13 2018    

BASSETERRE, St Kitts (CMC) — Prime Minister Dr Timothy Harris is leading a high-level delegation to the Middle East promote the federation's Citizenship by Investment Programme (CBI), according to an official statement issued here. Read More

Cemetery raises hopes of eternal profits

BY KARENA BENNETT Business reporter bennettk@jamaicaobserver.com | Friday, April, 13 2018    

In response to requests for cremation and inurnment, burial company Meadowrest Memorial Gardens plans on establishing an above-ground columbarium at its St Catherine-based burial ground with hopes of securing a larger share of the funeral market. Read More

PSOJ supports rationalisation of public bodies

Friday, April, 13 2018    

The Private Sector Organisation of Jamaica (PSOJ) yesterday came out in support of the stated intent of Minister of Finance Nigel Clarke to proceed with the rationalisation of public Bbdies. Read More

NCB Capital Markets raises $11 billion on bond

Friday, April, 13 2018    

NCB Capital Markets Ltd raised upward of $11 billion on its recent bond, which closed on March 26 offering investors a high of six per cent on their investment, surpassing last year's historic $10-billion raise in May. Read More



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