Business

A better understanding of the Business Process Outsourcing Industry (BPO)

BY ALEXIS MONTEITH Observer writer | Saturday, June, 8 2019    

The Business Process Outsourcing (BPO) industry in Jamaica provides approximately 36,000 jobs and involves 60 companies across the island making it a very important contributor to the nation's economy. In Jamaica, this industry is valued at more than US$400... Read More

CAC 2000 looks to Caribbean expansion

Friday, June, 7 2019    

WITH some 80 years in the local air conditioning business, CAC 2000 Ltd has changed its operational strategy following a challenging 2018, while looking towards regional expansion. Read More

GraceKennedy to relaunch Nurishment brand in Europe

Friday, June, 7 2019    

GRACE Foods UK Limited will relaunch its 'Nurishment' branded products as part of plans to improve the performance in the European market. Read More

Last cruise ship leaves Cuba as fresh US sanctions bite

Friday, June, 7 2019    

HAVANA, Cuba (AFP) — The last US cruise liner to stop over in Cuba sailed out again Wednesday as stepped-up US sanctions against the Communist-run island came into force. Read More

Eppley Caribbean Property Fund secures $650M in funding for new aquisitions

Friday, June, 7 2019    

Eppley Caribbean Property Fund Limited SCC (ECPF or the Value Fund), a publicly listed property fund in Barbados and Trinidad and Tobago, has closed on a $650 million bridge facility from NCB Capital Markets Ltd to partially fund the acquisition of additional income... Read More

Antigua and St Kitts defend Citizenship by Investment Programme

Friday, June, 7 2019    

BRIDGETOWN, Barbados (CMC) — The governments of Antigua and Barbuda and St Kitts-Nevis have strongly defended their respective Citizenship by Investment Programmes (CBI) that some regional countries use as a means of luring foreign investments. Read More

Canada suspends operations at embassy in Venezuela

Friday, June, 7 2019    

OTTAWA, Canada (AFP)— Canada announced Sunday it was temporarily shutting its embassy in Venezuela, blaming President Nicolas Maduro for refusing to accredit diplomats critical of his regime. Read More

Cuba's support for Maduro 'not negotiable' despite US sanctions

Friday, June, 7 2019    

HAVANA, Cuba (AFP) — Cuba rejected the latest US restrictions on travel to the island yesterday and stressed that its support for Venezuela's President Nicolas Maduro is “not negotiable”. Read More

Haiti central bank governor concerned about depreciation of local currency

Friday, June, 7 2019    

PORT AU PRINCE, Haiti (CMC) — Governor of the Bank of the Republic of Haiti (BRH), Jean Baden Dubois, has expressed concern about the deterioration of the national economy in the wake of the depreciation of the local currency — the Gourde. Read More

Fontana reports strong Q3 results

Friday, June, 7 2019    

Fontana Pharmacy is reporting a third quarter revenue of $951 million, a 6.8 per cent increase over the $890-million recorded in the corresponding quarter of the previous year. Read More

Jampro targets Colombia for BPO investments

Friday, June, 7 2019    

JAMAICA Promotions Corporation (Jampro) is collaborating with organisations in Colombia to target the country for business process outsourcing (BPO) projects that require English-speaking services. Read More

Microcreditors determined to push for changes to Microcredit Bill

BY BALFORD HENRY Senior staff reporter balfordh@jamaicaobserver.com | Wednesday, June, 5 2019    

BOTH the Government and microfinanciers are convinced that they can find adequate common ground to have the new Microcredit Bill passed this year. But, it is obvious that this will depend on how much each side is willing to give up to complete the process. Read More

Medical Disposables celebrates profit despite forex volatility

BY BALFORD HENRY Senior news reporter balfordh@jamaicaobserver.com | Wednesday, June, 5 2019    

HEALTH care and consumer products distributor, Kingston-based Medical Disposables and Supplies Limited (MDS), is reporting that the company was able to generate a year-end profit in spite of the volatility of foreign exchange fluctuations that squeezed profit margins. Read More

First Rock reveals real estate investment plans

BY BALFORD HENRY Senior staff reporter balfordh@jamaicaobserver.com | Wednesday, June, 5 2019    

First Rock Capital Holdings Limited (FRCH) has announced plans for the investment of some US$30 million in real estate deals in Jamaica, the wider Caribbean, and even extending into the United States. Read More

Buying a piece of paradise

Wednesday, June, 5 2019    

TRANSFER tax and stamp duty rates have been slashed, the economy is... Read More



ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT

Today's Cartoon

Click image to view full size editorial cartoon
ADVERTISEMENT