Business

There is money in this country — Minister Shaw

BY KELLARAY MILES Business reporter | Wednesday, October, 2 2019    

Minister of Industry, Commerce, Agriculture and Fisheries Audley Shaw at the recent launch of the Jamaica Survey of Establishments (JSE) 2018, has called on micro, small and medium-sized enterprises (MSMEs) to get themselves formally ready to take advantage of the monetary benefits that... Read More

Is there growth in the BPO sector? (Part 2)

BY PAULA MARCELLE-IRISH | Wednesday, October, 2 2019    

Some markets in the Caribbean region, namely the Dominican Republic, Jamaica and Trinidad & Tobago are considered some of the more attractive destinations for Business Process Outsourcing (BPO). Read More

How Popeyes sold out a sandwich using social media

BY HANNIFFA PATTERSON | Wednesday, October, 2 2019    

“We have no more chicken sandwiches.”“Wait, what? What do you mean 'none'?” I asked in disbelief.“We no longer sell them at this restaurant.” Read More

Paramount opens $600-million world-class lubricant plant

BY DURRANT PATE Observer Business Writer | Wednesday, October, 2 2019    

Paramount Jamaica Trading yesterday officially opened its $600-million world-class lubricant plant, which will supply API certified lubricants initially to the local market. Read More

Business leaders should invest in people, not only products — Observer MD

Wednesday, October, 2 2019    

“As business leaders we have an enormous responsibility to do good not just make a profit, but to be entrepreneurial, innovative, sensitive to the market, and invest not only in products but most importantly in our people,” according to Julian Rogers, managing director of the... Read More

Bank of Jamaica holds its policy rate

Wednesday, October, 2 2019    

The Bank of Jamaica (BOJ) on Tuesday in its latest monetary policy decision, announced that it has decided to hold the policy interest rate (the rate offered on overnight balances at Bank of Jamaica) unchanged at 0.50 per cent per annum. Read More

Barita outlines shares allotment process

Wednesday, October, 2 2019    

Barita Investments Limited has advised the closing and basis of allotment of the excess shares pool to subscribers of the renounceable rights issue of 77,897,303 new ordinary shares at a subscription price of $45 per share. Read More

Exploring MSMEs through the Jamaica Survey of Establishments

BY KELLARAY MILES Business reporter milesk@jamaicaobserver.com | Wednesday, October, 2 2019    

The Jamaica Survey of Establishment (JSE), which was conceptualised in 2014 and conducted between July- December 2018, has now made public the long-awaited findings from the survey. The survey will provide data on micro, small and medium-sized enterprises (MSMEs) to inform policy... Read More

Counting down — JMMB looks forward to opening its resource centre for SMEs

Wednesday, October, 2 2019    

With just a little over a month to go before the Jamaica Money Market Brokers (JMMB) unveils its resource centre to small and medium-sized enterprises (SMEs), the group has expressed that anticipation is fever-pitched as they embark on this new initiative geared at providing better... Read More

'Unicorns' that wowed investors face hard road on Wall Street

Wednesday, October, 2 2019    

NEW YORK, United States (AFP) — The so-called “unicorns” that lured big investments and took Silicon Valley by storm are facing a chillier environment as they turn to Wall Street for fresh capital. Read More

The S Hotel, Design & Architecture

Wednesday, October, 2 2019    

An all-woman panel of architects and interior designers took design faithfuls on a trip down memory lane when the S Hotel hosted the penultimate event for the Jamaica Observer's Design Week Ja 2019 Conversations in Design series. Held last Saturday, in the hotel's Sky... Read More

EU and Japan ink plan to bypass China's 'new Silk Road'

Wednesday, October, 2 2019    

BRUSSELS, Belgium (AFP) — The European Union and Japan on Friday signed an infrastructure agreement to link Europe and Asia, as a counter to China's ambitious 'Belt and Road' strategy. Read More

Zimbabwe's leader begs for patience to fix ailing economy

Wednesday, October, 2 2019    

HARARE, Zimbabwe (AFP) — President Emmerson Mnangagwa yesterday acknowledged the economic hardships Zimbabweans are suffering and pleaded for patience to allow his Government to fix the country's rapidly deteriorating economy. Read More

Business leaders welcome Jamaica Survey of Establishments 2018

Tuesday, October, 1 2019    

BUSINESS leaders gave the 2018 Jamaica Survey of Establishments (JSE) the nod during a panel discussion on the findings of the survey held last week (September 25). Read More

Bartlett says Thomas Cook airline seats fully recovered

Monday, September, 30 2019    

Tourism Minister Edmund Bartlett says that Jamaica is the first country to have recovered from lost airlift seating problems, following last week Sunday's collapse of United Kingdom-based packaged holidays firm Thomas Cook which flies a significant number of visitors to the island from... Read More



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