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


BOJ profits growing

Wednesday, June, 17 2020    

The Bank of Jamaica (BOJ) is showing further signs of increased profitability with year to date profit growing to $19.16 billion. Read More

Port of Kingston— the catalyst for logistic development

BY KELLARAY MILES Business reporter | Wednesday, June, 17 2020    

Despite the slowdown of economic activities brought on by the coronavirus pandemic, the Port Authority of Jamaica (PAJ) say they remain committed to making the Kingston Logistics Park a one-stop shop in the world for all maritime services. Read More

More diversification

BY DURRANT PATE Observer Business Writer | Wednesday, June, 17 2020    

Sagicor Real Estate X Fund Limited is rising from an indifferent first-quarter performance and is confidently pushing forward with a more diversified investment holding that will include commercial and significant real estate developments. Read More

Are organisations now paying the price for not selling value?

BY DUANE LUE-FUNG | Wednesday, June, 17 2020    

Why should organisations master the art of value selling? Read More

Hotelier Jason Henzell wants strong agro-tourism niche

BY GARFIELD MYERS Editor at Large South Central Bureau | Wednesday, June, 17 2020    

TREASURE BEACH, St Elizabeth —As Jamaica's tourism industry seeks to battle back from the effects of the COVID-19 pandemic, there is a call for agro-tourism to be developed as a strong niche especially on the south coast. Read More

Hi-Pro launches $23.6-million #Growstrong initiative to assist small farmers affected by COVID-19

BY ABBION ROBINSON Business reporter robinsona@jamaicaobserver.com | Wednesday, June, 17 2020    

IN keeping with its declaration to commit to the theme of growth, the Hi-Pro division of Jamaica Broilers Group launched the #Growstrong initiative last Friday. Read More

MBJ Airports working on biometric system for Sangster International

BY ANTHONY LEWIS Observer writer | Wednesday, June, 17 2020    

MONTEGO BAY, St James — Shane Munroe, the chief executive officer (CEO) at MBJ Airports Limited, operator of Sangster International Airport, says consideration is being given to introducing a biometric system among other measures aimed at reducing processing time. Read More

Cross-border insolvency: registration of foreign bankruptcy proceedings in Jamaica

With Amanda Montague | Wednesday, June, 17 2020    

SEVERAL multinational and transnational companies are going bankrupt or considering bankruptcy. Read More

$68.5-million profit for Indies Pharma in Q2

BY ABBION ROBINSON Business reporter robinsona@jamaicaobserver.com | Wednesday, June, 17 2020    

INDIES Pharma Jamaica Limited reported on Wednesday last (June 10), an unaudited after-tax profit of $68.5 million for its second quarter which ended on April 30, 2020. This represents a 110 per cent increase when compared with the previous corresponding period. Read More

US retail sales surge 17.7 per cent in May: Government

Wednesday, June, 17 2020    

WASHINGTON, United States (A FP) — US retail sales posted a surprise spike of 17.7 per cent in May, the United States Commerce Department said yesterday, in a sign the economy may be recovering from coronavirus shutdowns. Read More

The one mistake that nearly all leaders make

BY DEV RAMNARINE | Wednesday, June, 17 2020    

WHO is the first person you think of when you hear the word “leader”? Steve Jobs? Barack Obama? Your boss? Why not yourself? Read More

Scientific Research Council reminds consumers to wash food packages

Wednesday, June, 17 2020    

The Scientific Research Council (SRC) is reminding consumers to wash food packages before using them, as a means of practising food safety. Read More


Wednesday, June, 17 2020    

Matthew Wallace whose restaurant, Matthew's, located in Negril has been closed since mid-March, has no plans on reopening until July. Read More

Bartlett pleads for understanding as tourism sector reopens

Monday, June, 15 2020    

MONTEGO BAY, St James – Minister of Tourism Edmund Bartlett has expressed confidence that adequate systems have been put in... Read More

Tortuga Rum founder passes

Monday, June, 15 2020    

Former Jamaica Observer Business Leader nominee, founder of the Tortuga Rum Company Robert Hamaty passed away in a Miami hospital on Saturday.He was 72.The company confirmed his passing in a press release. Read More


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