Jamaica Business News: Economy, Financial Sector & More ? Jamaica Observer - Business - JamaicaObserver.com


China's manufacturing rebounds as virus controls ease

Wednesday, April, 1 2020    

BEIJING, China (AP) — China's manufacturing rebounded in March as authorities relaxed anti-disease controls and allowed factories to reopen, an official survey showed yesterday, but an industry group warned the economy has yet to fully recover. Read More

World Bank sees outbreak taking a big toll on Asia's economy

Wednesday, April, 1 2020    

WASHINGTON (AP) — The World Bank is estimating that the cornavirus outbreak will cause economic growth to slow significantly this year in China and other East Asian-Pacific countries, throwing millions into poverty. Read More

Virus slump expected to rival big recessions in history

Wednesday, April, 1 2020    

LONDON, United Kingdom (AP) — The coronavirus-related recessions around the world are going to be bad — and for some of the world's major industrial nations the worst that anyone alive has experienced, according to analysts at Deutsche Bank. Read More

US outlines plan for Venezuela transition, sanctions relief

Wednesday, April, 1 2020    

MIAMI, United States (AP) — The Trump Administration is prepared to lift crippling sanctions on Venezuela in support of a new proposal to form a transitional government requiring both Nicolas Maduro and Opposition leader Juan Guaidó to step aside in favour of a five-person... Read More

Farming hit by COVID-19

BY KELLARAY MILES Business reporter milesk@jamaicaobserver.com | Sunday, March, 29 2020    

As the impact of the novel coronavirus disease (COVID-19) pandemic is felt across the country, small farmers — especially those who supply produce to the now-dormant tourism sector — are among those most affected. Read More

SSL safe and secured

BY DURRANT PATE Observer business writer | Sunday, March, 29 2020    

Investment and stockbrokerage firm Stocks and Securities Limited (SSL) is safe for business, based on information provided by company executives and corroborated by an independent audit done, as directed by its financial regulator the Financial Services Commission (FSC). Read More

Demand for legal services decreases amidst COVID-19 pandemic

BY ABBION ROBINSON Business reporter robinsona@jamaicaobserver.com | Sunday, March, 29 2020    

With the novel coronavirus (COVID-19) disease inducing the decline of the global economy, president of the Jamaican Bar Association Emile Leiba says members of the legal profession have expressed concerns about the effects of the pandemic on their practices. Read More

Police credit union offers members loan payment break

Sunday, March, 29 2020    

The Jamaica Police Co-operative Credit Union (JPCCU) is now offering its members a one-time payment break as part of its response to the coronavirus. Read More

No room for unstamped proxy votes

Claudienne Edwards | Sunday, March, 29 2020    

Dear Claudienne,The proprietors of SeaCastles Strata (PSP 452) are in desperate need for clarification regarding the proxy for voting purposes. Read More

Coronavirus and your investments Part 2

Marian Ross | Sunday, March, 29 2020    

Is this the bottom of the market? Prices fell precipitously in early March with the onset of the virus. By the middle of last week they had made a brief turnaround. Everyone wants to know – where is the bottom? Read More

Barbados' cruise industry may reap benefits from home porting amidst COVID-19

BY KELLARAY MILES Business reporter milesk@jamaicaobserver.com | Sunday, March, 29 2020    

FOLLOWING on its commitment to home port cruise ships in its waters, the Government of Barbados has said that this could redound to long-term economic benefits for the country in the aftermath of the coronavirus (COVID-19) pandemic. Read More


Claudienne Edwards | Saturday, March, 28 2020    

Dear ClaudienneI went on a job interview on February4, 2020. I had submitted a resume prior and also had a copy on hand. I was given an application form to complete. It required me to state the salary of my last three jobs. Read More

IDB outline priority areas for funding to deal with COVID-19

Saturday, March, 28 2020    

WASHINGTON, DC, Uniyted States (CMC) — The Inter-American Development Bank (IDB) and IDB Invest say they have agreed with governments on the priority areas for deploying the financial and technical resources being made available to borrowing member countries and companies to... Read More

Staying afloat: US$2.2-trillion Bill offers economic lifeline

Saturday, March, 28 2020    

WASHINGTON, DC, United States (AP) — In the novel oronavirus crisis, even doctors can face a cash crunch. Read More


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