Business

Interest rate outlook

BY Marian ROSS | Sunday, September, 10 2017    

Many investors are concerned about the impact of higher interest rates on the value of their bonds. This article considers the trajectory of US interest rates and the impact on fixed income securities. We hypothesise that the US interest rates will rise slowly and that... Read More

UK universities face EU student exodus due to Brexit

Sunday, September, 10 2017    

LONDON, United Kingdom (AP) — Growing up in a small Italian farming town, Andrea Guerini Rocco dreamed of pursuing a career in economics in a big, bustling city. Read More

Oil-rich Norway struggles to beat its 'petroholism'

Sunday, September, 10 2017    

OSLO, Norway (AFP) — For climate reasons as much as economic prudence, Norway is trying to cut its dependence on oil, a godsend that has made the small Scandinavian country rich beyond its dreams — which is exactly what makes it hard to pass up. Read More

Few Jamaicans in local ganja industry — Dr Lowe

BY HANNIFFA PATTERSON Business reporter pattersonh@jamaicaobserver.com | Friday, September, 8 2017    

There is a negative buzz surrounding the country's budding legal ganja industry. According to Dr Henry Lowe, owner of Medicanja, “It feels like our objective has been to prevent Jamaicans from getting into the business. It's all about what you can't do.”... Read More

Minister Shaw guarantees credit for small businesses with IDB help

BY KEITH COLLISTER | Friday, September, 8 2017    

On Wednesday, Minister of Finance Audley Shaw signed a US$20-million investment loan (approximately $2.56 billion) with the Inter-American Development Bank (IDB's) Executive Vice President Julie Katzman (and a large IDB team including locally based General Manager for... Read More

Artificial labour in Jamaica

Dennis Chung | Friday, September, 8 2017    

Putin is recently on record as saying that whoever has a competitive advantage in Artificial Intelligence (AI) will control the future of the world. Elon Musk agrees with him. Read More

GraceKennedy makes room for P&G products

Friday, September, 8 2017    

World Brands Services, a division of GraceKennedy Foods & Services Ltd, is now undergoing expansion to facilitate the warehousing of products from the recently acquired Consumer Brands Ltd. Read More

Irie Rock lands in London

Friday, September, 8 2017    

Jamaican cosmetics company Irie Rock officially launched their brand last month in London UK, a step towards its goal of becoming a global brand. Read More

Airlines prepare to cancel flights in Hurricane Irma's path

Friday, September, 8 2017    

MIAMI, United States — Airlines are preparing to cancel Florida flights that are in the path of Hurricane Irma. Read More

$129.96 for US$1

Friday, September, 8 2017    

The dollar has been reversing its recent revaluation and is now just four cents short of $130 to one US dollar. Read More

More spend needed on infrastructure — EPOC

BY KARENA BENNETT Business reporter bennettk@jamaicaobserver.com | Friday, September, 8 2017    

The Economic Programme Oversight Committee (EPOC), in reporting that Jamaica has met all structural benchmarks for end-June 2017 under the new Precautionary Stand-By Arrangement (PSBA), red-flagged the country's spend on recurrent and capital expenditure as 'at-risk'... Read More

Digicel gives free call credit for Irma victims

Friday, September, 8 2017    

With Hurricane Irma striking several islands across the Caribbean and likely to hit even more, Digicel has announced that it is providing customers in the affected markets with free call credit to communicate with their loved ones throughout the hurricane. Read More

Most Florida flood zone property not insured

Friday, September, 8 2017    

FORT LAUDERDALE, United States (AP) — As Hurricane Irma bears down on Florida, an Associated Press analysis shows a steep drop in flood insurance across the state, including the areas most endangered by what could be a devastating storm... Read More

Haiti's failing school system: 'like in a country at war'

Friday, September, 8 2017    

PORT-AU-PRINCE, Haiti (AFP) — Schools with classes of 80 students, parents unable to afford even modest fees, thousands of unqualified teachers — as students in Haiti return to school, the country's badly underfunded education system seems headed for a failing... Read More

Donovan Perkins leaving Sagicor Bank

Thursday, September, 7 2017    

DONOVAN Perkins, president & CEO of Sagicor Bank Jamaica, will be leaving the bank on September 30. Read More



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