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


Financial experts tout US$ bonds as safer and better investment during COVID-19

BY KELLARAY MILES Business reporter milesk@jamaicaobserver.com | Friday, October, 16 2020    

Amid the global scare of markets collapsing due to significant fallout from the novel coronavirus pandemic, some financial advisors have cited US dollar (USD) bond investments as better avenues for preserving wealth during these unprecedented times. Read More

Caribbean Export to hold virtual expo showcasing regional products

Friday, October, 16 2020    

The Caribbean Export Development Agency (Caribbean Export) recently announced the launch of its first virtual expo aimed at showcasing some of the best products that the region has to offer while unlocking potential profits. Read More

Nestlé partners with Stoneleigh for new 100% premium Jamaican roast coffee

Friday, October, 16 2020    

Nestlé Jamaica Limited has introduced a new line of roast and ground coffee as well as roasted whole beans to the local market under a partnership with boutique roasters Stoneleigh Coffee. Read More

Businessman turns to bottle returns to stay afloat

Thursday, October, 15 2020    

AMID a push to remain viable, one St Andrew wholesaler has made returning glass bottles a solid second stream of income for his business. Read More

Multitrack strategy needed to address the informal sector — JCC president

BY ABBION ROBINSON Business reporter robinsona@jamaicaobserver.com | Wednesday, October, 14 2020    

President of the Jamaica Chamber of Commerce (JCC) Lloyd Distant Jr says responses to the fallout from the COVID-19 pandemic for those operating in the informal economy cannot separate the health and economic impact and to this end must include a multi-track strategy... Read More

IMF envisions sharp 4.4% drop in global growth for 2020

Wednesday, October, 14 2020    

WASHINGTON (AP) — The International Monetary Fund (IMF) foresees a steep fall in international growth this year as the global economy struggles to recover from the pandemic-induced recession, its worst collapse in nearly a century. Read More

Tourism is the key to the Caribbean's economic recovery

BY KEITH COLLISTER | Wednesday, October, 14 2020    

In a recent presentation to the Jamaica Chamber of Commerce (JCC), director of Tourism Donovan White quoted Minister of Tourism Edmund Bartlett as follows. Read More

Sagicor Select aims to launch new funds in 2021

BY DAVID ROSE | Wednesday, October, 14 2020    

Following a record-breaking 2019, Sagicor Select Funds is now targeting 2021 as the new timeline for listing their Class D and E shares which was thrown off course due to the asset price collapse caused by the COVID-19 pandemic. Read More

COVID-19 and the job market of the future

Wednesday, October, 14 2020    

The pandemic is accelerating the transition to a digital economy. New ways of working and shopping mean certain roles in data analysis and consumer behaviour, for example, will become more common. Read More

Jamaica's economic decline could worsen

BY DURRANT PATE Observer Business Writer | Wednesday, October, 14 2020    

Jamaica's economic decline could worsen given the latest projections of a steep fall in global growth this year by the International Monetary Fund (IMF). Read More

JN's UK bank to address financial inclusion and de-risking issues for Diaspora

Wednesday, October, 14 2020    

The Jamaica National (JN) Group, following the launch of its latest subsidiary company— JN Bank in the United Kingdom (UK), has cited financial inclusion as well as the pursuance of correspondent banking services for Caribbean banks as being atop the list of issues to be addressed... Read More

Entrepreneurial push

Wednesday, October, 14 2020    

Lauri-Ann Ainsworth gets her biggest rush when the Branson Centre pushes an entrepreneur to new levels of success. 'Push' has been the number one word in her vocabulary since she became CEO of Branson Centre of Entrepreneurship, Caribbean — the region's leading... Read More

Jampro seeks greater support for Export Max

Wednesday, October, 14 2020    

President of Jamaica Promotions Corporation (Jampro), Diane Edwards, is appealing for more private sector companies to partner with the entity in executing the Export Max programme. Read More

Long-awaited Jamaican Teas stock split for November 30

BY DURRANT PATE Observer Business writer | Wednesday, October, 14 2020    

The long-awaited Jamaican Teas three-to-one stock split is now set to take place on November 30, more than seven months after the April 1 initial date. Read More

Jamaica stands to gain from convention tourism

Wednesday, October, 14 2020    

ROSE HALL, St James — Jamaica stands to earn significant foreign exchange in the medium to long term from the groups and conventions tourism subsector, through a groundwork exercise established between the Jamaica Tourist Board (JTB) and the Miami-based eGroup... Read More


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