Business up, expenses down at Montego Bay Convention Centre

BY HORACE HINES Staff reporter | Wednesday, July, 19 2017    

Tourism Minister Edmund Bartlett is upbeat that the annual losses chalked up by the Montego Bay Convention Centre have reversed significantly since its operations came under the umbrella of the Ministry of Tourism some nine months ago. Read More

Toilet paper wipes away part of AMG's profit

Wednesday, July, 19 2017    

An underperforming toilet paper segment has resulted in a decline of 41 per cent in packaging and paper company AMG profits for its third quarter ending May 2017. Read More

JSIF helping to boost bee farming in western Jamaica

BY BALFORD HENRY Senior staff reporter | Wednesday, July, 19 2017    

Managing Director of the Jamaica Social Investment Fund (JSIF), Omar Sweeney, says that the fund has made a considerable community development impact in western Jamaica with the opening of the Hanover Bee Farmers' Cooperative Society's Honey Extraction and Bottling... Read More

GraceKennedy shuts 6 Western Union agents to combat fraud

Wednesday, July, 19 2017    

GraceKennedy Money Services (GKMS), which operates Western Union agents throughout Jamaica, has temporarily closed six of the remittance outlets as it seeks to combat fraud across its network. Read More

Private sector should focus on inflation, not exchange rate — PB Scott

BY JOSIMAR SCOTT Observer writer | Wednesday, July, 19 2017    

PRESIDENT of the Private Sector Organisation of Jamaica (PSOJ) PB Scott yesterday urged member companies represented at the PSOJ/JMMB Annual Economic Forum at the Jamaica Pegasus in New Kingston to shift their focus from a stable exchange rate to inflation management and... Read More

When should I start saving?

with Phillip-George Pryce | Wednesday, July, 19 2017    

Many people often delay saving by saying, “I'll begin saving in a few years; it won't make a big difference.” This is a problem for two reasons. Read More

Greater transparency for companies — The Companies (Amendment) Act, 2017

with CHANTAL SIMPSON | Wednesday, July, 19 2017    

The misuse of corporate vehicles for illicit purposes by, among other means, concealing the identity of the beneficial owners of the company, has been the subject of several studies conducted by the Financial Action Task Force, the United Nations Office of Drugs and... Read More

Clearing customs effectively

Wednesday, July, 19 2017    

Do you or someone you know have any plans to import items or goods into Jamaica? If your response is “yes”, then this column is for you. Please note the common breaches that can occur, how you can guard against them, tips for doing imports, and the... Read More

Can David still kill the giant Goliath in business?

with Herman Alvaranga | Wednesday, July, 19 2017    

The Romans didn't build a great empire by organising meetings. They did it by killing people. (Anon.) BIBLICAL TRUTH OR LEGEND? Read More

South Africa ex-finance minister calls for Zuma to go

Wednesday, July, 19 2017    

JOHANNESBURG, South Africa (AFP) — South Africa's respected former Finance Minister Pravin Gordhan called Tuesday for President Jacob Zuma to resign, stepping up pressure on the embattled leader. Read More

Britain unveils Jane Austen banknote on anniversary

Wednesday, July, 19 2017    

WINCHESTER, United Kingdom (AFP) — The Bank of England (BoE) yesterday unveiled a new bank note featuring Jane Austen to coincide with the author's death 200 years ago after a campaign to include more women on Britain's currency. Read More

South Africa's white enclave eyes move to e-cash

Wednesday, July, 19 2017    

JOHANNESBURG, South Africa (AFP) — A whites-only enclave in South Africa has resisted the country' multiracial reality for more than two decades, even adopting its own paper money in its bid to promote self-sufficiency. Read More

British ads facing tougher gender stereotype rules

Wednesday, July, 19 2017    

LONDON, United Kingdom (AFP) — Britain's advertising watchdog yesterday signalled tougher regulation for ads featuring gender stereotypes, saying they were potentially harmful to young people. Read More

Major cyber attack as costly as Hurricane Sandy — Lloyd's

Wednesday, July, 19 2017    

PARIS, France (AFP) — A serious cyber attack could cost the global economy as much as US$53 billion, putting it on par with Hurricane Sandy in 2012, according to a report Monday by Lloyd's of London. Read More

US will not resume Brazil beef imports until food safety addressed

Wednesday, July, 19 2017    

WASHINGTON, United States (AFP) — The United States will not resume imports of beef from Brazil until food safety issues have been addressed, US Agriculture Secretary Sonny Perdue said Monday. Read More


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