Jamaica Business News: Economy, Financial Sector & More ? Jamaica Observer - Business - JamaicaObserver.com


Bank of England looks to Jamaica central bank for communication Ideas

Sunday, January, 5 2020    

The Bank of Jamaica communication videos of reggae stars singing about inflation targets are among the more unusual central bank communication strategies being studied by the Bank of England. Read More

Oil rises after US killing of top Iranian general fuels war fears

Sunday, January, 5 2020    

LONDON, United Kingdom (AFP) — World oil prices jumped on Friday after the US killed a top Iranian general, fanning fresh fears of conflict in the crude-rich Middle East, with Tehran warning of “severe” retaliation. Read More

US unveils partial ban on flavoured e-cigarettes

Sunday, January, 5 2020    

WASHINGTON, United States (AFP) — The US government announced Thursday it was banning most flavored e-cigarettes in a bid to curb the rising tide of youth vaping, but under industry pressure it stopped short of the full ban promised in September by the White... Read More

Mexico City plastic bag ban to take residents back in time

Sunday, January, 5 2020    

MEXICO CITY, Mexico (AP) — For centuries, Mexico City residents brought warm tortillas home in reusable cloths or woven straw baskets, and toted other foods in conical rolls of paper, “ayate” mesh or net bags, or even string bundles. Read More

Local payment systems to be more closely scrutinised by BOJ

BY DURRANT PATE Observer business writer | Friday, January, 3 2020    

 Effective yesterday, the Bank of Jamaica (BOJ) has fully adopted the Principles for Financial Market Infrastructures (PFMIs) in carrying out its regulatory duties of locally operated payment systems. Read More

KPREIT begins deploying proceeds of $2 billion rights issue

BY DURRANT PATE Observer business writer editorial@jamaicaobserver.com | Friday, January, 3 2020    

Kingston Properties Limited (KPREIT) has begun deploying the proceeds of its just-completed $2-billion rights issue with the acquisition of eight warehouse units in the Cayman Islands, valued at just under US$2 million. Read More

10 Stocks to watch in 2020

BY DURRANT PATE Observer business writer editorial@jamaicaobserver.com | Friday, January, 3 2020    

The Jamaica Stock Exchange (JSE) has been making waves throughout the investing world with the index being among the top four for last year, having secured the number one spot in 2018. The performance of the market is indicative of the growth experienced in those companies, whose stocks... Read More

CNN ranks Jamaica in top 10 best places to visit in 2020

Friday, January, 3 2020    

Jamaica has been named one of the top 20 best places to travel for 2020. This, according to CNN Travel in its recently announced list of best places to visit this year. Read More

Panama marks 20 years in charge of canal, faces climate threat

Friday, January, 3 2020    

PANAMA CITY, Panama (AFP) — Panama on Tuesday marked two decades of control over the vital interoceanic canal following its return by the United States, but worries over weak traffic and climate change loom. Read More

Jamaica ranks 23rd most sustainably developed country in world

BY ALEXIS MONTEITH Observer writer | Friday, January, 3 2020    

According to the Sustainable Development Index (SDI) which assesses the “ecological efficiency of human development”, Jamaica is ranked 23rd in the world; but it is the island's immediate neighbour, Cuba, that is ranked number one,... Read More

Guyana, Suriname sign agreement to further develop tourism sector

Friday, January, 3 2020    

GEORGETOWN, Guyana (CMC) — Guyana and Suriname have signed a framework cooperation agreement aimed at increasing tourism business between the two territories and enhancing the growth of a sustainable tourism product that will attract more visitors to the two Caribbean Community... Read More

Tullow Oil reveals discovery of higher quality crude oil offshore Guyana

Friday, January, 3 2020    

GEORGETOWN, Guyana (CMC) — The UK-based company Tullow Oil, yesterday revealed that it has discovered a higher quality of crude oil offshore Guyana, in the Carapa-1 well within the Kanuku licence. Read More

Economic growth continues, outperforming peers and showing resilience

Nigel Clarke | Thursday, January, 2 2020    

This week the Statistical Institute of Jamaica (STATIN) reported that the Jamaican economy grew by 0.6 per cent in the quarter ending September 2019 over the quarter ending September 2018. This represents the 19th consecutive quarter of economic growth. Read More

For 2020, Jamaica's business sector should conquer the world like Toni-Ann Singh

BY KELLARAY MILES Business reporter milesk@jamaicaobserver.com | Wednesday, January, 1 2020    

As we bring the curtains down on another year, in the life of Jamaica's economic landscape, one in which much has happened, there is the hope that people in the country can look forward to bigger and better economic realities and pursuits for the coming year. Read More

Eppley announces shares buy-back

BY DURRANT PATE Observer business writer | Wednesday, January, 1 2020    

Regional real estate management company, Eppley Caribbean Property Fund, has announced a buy-back of its shares. Read More


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