Business

The Utmost for the Highest — Calabar Old Boys Celebrate

Friday, October, 12 2018    

On the evening of Saturday, October 6 there was a glorious display of school spirit at the 2018 iteration of the Calabar Old Boys' Association (COBA) dinner and awards. The annual event took place at the Mona Visitors' Lodge at the University of the West Indies, Mona, and was attended by... Read More

Wide Inequality Gap

BY RICHARD BROWNE Business editor browner@jamaicaobserver.com | Friday, October, 12 2018    

As Jamaica starts to see some improvements in its economy — growth at 1.8 per cent, unemployment at about nine per cent, a world-leading stock market in terms of growth, and consumer confidence at a 17-year high — it is still lagging much of the region in terms of battling income... Read More

Barbados pegs future on FX measures

Friday, October, 12 2018    

BRIDGETOWN, Barbados (CMC) — Barbados is considering relaxing its decades-old foreign exchange measures in a bid to attract foreign exchange into the island, a senior government advisor has said. Read More

PHOTO: Scotia Investments

Friday, October, 12 2018    

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World Bank warns of Latin America's 'fragile' recovery

Friday, October, 12 2018    

WASHINGTON, United States (AFP) — The World Bank has expressed concern over the “fragile” economic recovery in Latin America and the Caribbean, weighed down by Venezuela's spiraling crisis and weak performances in Brazil and Argentina. Read More

Haiti quake upends lives already stressed by poverty

Friday, October, 12 2018    

PORT DE PAIX, Haiti (AFP) — Quake-hit Port-de-Paix was back to its daily routines Monday, but in poor neighbourhoods like l'Hopital, on a steep hill that looks out to the sea beyond the Haitian city, people's troubles are just beginning. Read More

Cuban president marks change of style with first tweet

Friday, October, 12 2018    

HAVANA, Cuba (AFP) — Cuba's President Miguel Diaz-Canel sent his first message on Twitter on Wednesday, helping to set a new tone as leader of the Communist-run island compared with his predecessors the Castros. Read More

World tourism numbers up 6.0% in first half of 2018: UN

Thursday, October, 11 2018    

Madrid , Spain (AFP) — International tourist numbers grew 6.0 per cent in the first half of 2018, with southern Europe and south-east Asia posting the biggest growth, due to the upturn in the global economy, the UN World Tourism Organization said... Read More

Seprod wins clean sweep at JMEA awards

Wednesday, October, 10 2018    

Seprod won a clean sweep of the top three awards for the first annual Jamaica Manufacturers and Exporters Association (JMEA) awards gala on the weekend. Read More

Management changes at Jamaica Broilers

Wednesday, October, 10 2018    

After serving Jamaica Broilers Group (JBG) for 35 years, President of Jamaica Operations Conley Salmon has retired. Read More

Stock split for Sterling

Wednesday, October, 10 2018    

Shareholders in Sterling Investments Ltd (SIL)– an investment holding company managed by Sterling Asset Management – voted on Monday for a 5-1 split of the stock. Read More

What does 10,000,000% inflation look like? See Venezuela

Wednesday, October, 10 2018    

WASHINGTON, DC, United States (AFP) — What does it look like to have inflation of 10 million per cent? When something that cost $1 now costs $100,000, is there even a way to calculate the impact? Read More

Agriculture best practices shared at Long Coffee seminar

Alicia Sutherland Observer staff reporter sutherlanda@jamaicaobserver.com | Wednesday, October, 10 2018    

LONG COFFEE, Manchester — For many “seeing is believing”, particularly when faced with a situation in which there is more to lose than gain. Read More

Global stocks mixed as markets eye US interest rates

Wednesday, October, 10 2018    

NEW YORK, United States (AFP) — Global stocks finished mixed yesterday following a meandering session amid lingering worries over higher interest rates as the International Monetary Fund (IMF) cut its global growth forecast. Read More

Record High

BY KARENA BENNETT Business reporter bennettk@jamaicaobserver.com | Wednesday, October, 10 2018    

Businesses and consumers were again on opposite sides of the fence on current conditions and future expectations of the economy, according to the third-quarter 2018 indices results from the Jamaica Chamber of Commerce (JCC). Read More



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