Business

Indian rupee hits record low of 70 to the dollar

Wednesday, August, 15 2018    

MUMBAI, India (AFP) — The Indian rupee hit a record low of 70 to the US dollar on Tuesday as emerging market currencies are sold off by investors spooked by the Turkish financial crisis. Read More

Why has Turkey's currency fallen so sharply?

Tuesday, August, 14 2018    

ISTANBUL, Turkey (AFP) — Turkey's lira has bled value against the dollar, leaving the country under President Recep Tayyip Erdogan facing its most serious economic challenge since a financial crisis in 2001. Read More

Paradigm shift needed for tourism to remain relevant — Bartlett

BY HORACE HINES Staff reporter hinesh@jamaicaobserver.com | Tuesday, August, 14 2018    

MONTEGO BAY, St James — Tourism Minister Edmund Bartlett is calling on all players in the hospitality sector to make a paradigm shift in some of their operations in order to remain relevant in the competitive, evolving, global, multi-trillion dollar... Read More

Great

BY CHERRIES WILES Observer writer wilesc@jamaicaobserver.com | Sunday, August, 12 2018    

WHEN the owners of Deaf Can! Coffee were approached by the Jamaica National Foundation in 2016 to join its Social Enterprise Boost Initiative (SEBI), they had one major concern — they did not know how to run a business. Read More

National rolls out six new bundles on e-commerce store

Sunday, August, 12 2018    

Spurred by the success of an Easter bun and cheese campaign on its e-commerce platform this year, National Baking Company has now rolled out six new bundles offering a range of Jamaican products that are not easily found in the United States. Read More

Flow Jamaica shines in C&W Q2 report

BY KARENA BENNETT Business reporter bennettk@jamaicaobserver.com | Sunday, August, 12 2018    

Flow Jamaica managed to offset losses for parent company Cable & Wireless Communications Limited (C&W) from its upgrades and product enhancements such as 'Flow Evo' for the second quarter of C&W's 2018 financial year. Read More

Derrimon Trading purchases Woodcats International

Sunday, August, 12 2018    

Derrimon Trading Company Limited has announced its entry into a definitive agreement to purchase the entire shareholding of Woodcats International Limited. Read More

Howzaat!

Sunday, August, 12 2018    

Caribbean digital and print advertiser Yello Media Group has announced that it is now a proud sponsor of this year's Caribbean Premier League (CPL) T20. Read More

Child maintenance matter

Claudienne Edwards | Sunday, August, 12 2018    

Dear Claudienne,Could you get a clarification for me about child support? Read More

New Zealand to ban plastic shopping bags from next year

Sunday, August, 12 2018    

WELLINGTON, New Zealand (AP) — New Zealand announced Friday it will ban disposable plastic shopping bags by next July as the nation tries to live up to its clean-and-green image. Read More

ATL in cool Prizm partnership with H&L

Friday, August, 10 2018    

Appliance Traders Limited (ATL) has announced that Hardware and Lumber Limited (H&L) is now an authorised reseller of ATL's Prizm brand of air conditioners. Read More

Honey Bun gets toehold in Cayman, Antigua

BY KARENA BENNETT Business reporter bennettk@jamaicaobserver.com | Friday, August, 10 2018    

Jamaican baking company Honey Bun has secured clients in Antigua and the Cayman Islands for distribution of its Buccaneer Jamaica pocket-size rum cakes. Read More

Fujitsu, Oracle collaborate to speed up digital transformation for Caribbean customers

Friday, August, 10 2018    

Fujitsu Caribbean Limited last week announced an expansion of its cloud offerings under a strengthened collaboration with Oracle Corporation. Read More

Proven success

BY KARENA BENNETT Business reporter bennettk@jamaicaobserver.com | Friday, August, 10 2018    

Proven Investments Limited (Proven) has been granted regulatory approval from various applicable jurisdictions to acquire 100 per cent of the common equity of a licensed security dealer with offices in the Cayman Islands and the Caribbean region. Read More

Samsung launches Note 9 with boast of ultimate performance

Friday, August, 10 2018    

Samsung Electronics Company yesterday launched the latest addition to its premium Note series — Galaxy Note 9 — boasting that the device “delivers the ultimate in performance, a new S Pen with connectivity for the first time ever, and Samsung's most intelligent camera... Read More



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