Business

Australian malls turn to village life as retailers feel pinch

Sunday, July, 23 2017    

SYDNEY, Australia (AFP) — Australia's local merchants struggle with an influx of global names, leading malls are considering returning to their village centre roots to woo new tenants by moving away from shops and offering medical facilities, more restaurants and even amusement... Read More

Want to escape Sao Paulo's traffic?

Sunday, July, 23 2017    

SAO PAULO, Brazil (AFP) — While Uber has changed ground transport in many cities, Sao Paulo's infernal traffic jams have sparked a new app that opens the sky to commuters: Voom, a helicopter taxi service that charges according to distance and the passenger's... Read More

Tourism the key to foster trade for Caribbean

Saturday, July, 22 2017    

GENEVA, Switzerland (CMC) – A United Nations-backed report has stressed the need for greater recognition of tourism as a key service export in order to attract technical assistance to the sector in least developed countries (LDCs), including the Caribbean. Read More

JMMB to double integrated financial centres by 2018

BY KARENA BENNETT Business reporter bennettk@jamaicaobserver.com | Friday, July, 21 2017    

Commercial bank newcomer, JMMB Merchant Bank plans on expanding its integrated financial life goal centres to six branches across the island by the end of 2018. Read More

Sagicor Bank sells block of mortgage portfolio to VMBS

Friday, July, 21 2017    

Sagicor Bank Jamaica Ltd (SBJ) and Victoria Mutual Building Society (VMBS) announced yesterday that they have entered into an agreement for the sale of a block of mortgages from SBJ to VMBS. Read More

Hutton folds from CONEC Mobile Wallet

Friday, July, 21 2017    

Heston Hutton CEO of JaMobile Payment Services Ltd, a subsidiary of Jamaica Co-operative Credit Union League (JCCUL), has demitted office effective June 30, 2017, according to a news release yesteray. Read More

Carib Cement still lacks second Jamaican director

BY BALFORD HENRY Senior staff reporter balfordh@jamaicaobserver.com | Friday, July, 21 2017    

Colin Steele was not elected to fill the slot for a second Jamaican domiciled member of the board of directors of the Caribbean Cement Company Limited (CCCL), it has now been confirmed. Read More

The three types of clients every small business person should avoid

BY HANNIFFA PATTERSON | Friday, July, 21 2017    

Here is a description of the three types of clients that every small business person should try to avoid. A. THE CLIENT IN A RUSH Read More

Push for MoBay to become major centre for business

Friday, July, 21 2017    

MINISTER without Portfolio in the Ministry of Economic Growth and Job Creation Dr Horace Chang says the Government is positioning Montego Bay as a major centre for business in western Jamaica. Read More

Paramount looks to markets in Cuba and Haiti

BY KARENA BENNETT Business reporter bennettk@jamaicaobserver.com | Friday, July, 21 2017    

Listed company Paramount Trading Jamaica Ltd hopes to finalise a deal with some of Cuba's largest manufacturing groups and companies. Read More

Moving Haiti's rustic, rum-like clairin to market

Friday, July, 21 2017    

LEOGANE, Haiti (AP) — Haiti's most famous export is Barbancourt, a delicately flavoured, carefully aged rum that's considered among the best in the world. Then there's its rustic cousin clairin, a drink that's much cheaper and relatively rare outside this struggling Caribbean... Read More

UN envoy: Haiti's new gov't starts tackling challenges

Friday, July, 21 2017    

UNITED NATIONS (AP) — Haiti's new government is using the “window of opportunity” following elections to start tackling the root causes of instability, poverty, exclusion and impunity, the UN envoy for the Western Hemisphere's poorest country said... Read More

Cuba says GDP recovers, up about 1 per cent so far in 2017

Friday, July, 21 2017    

HAVANA (AP) — The Cuban government said last Friday that the economy is growing again following a decline last year that was the first drop reported in two decades. Read More

'A Total Jamaican experience'

Thursday, July, 20 2017    

BUNKER'S HILL, Trelawny - Nature lovers from home and abroad can now explore the unspoilt biodiversity in areas of the Jamaican Cockpit Country, through the Bunker's Hill Cultural Xperience & River Tour, which was officially opened to the public last Friday in... Read More

CB Group to enter fresh produce market

Wednesday, July, 19 2017    

The CB Group is entering the fresh produce market in Jamaica with a new company, 'Imagination Farms'. Read More



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