Business

NCB bullish on breaking profit records

BY KARENA BENNETT Business reporter bennettk@jamaicaobserver.com | Sunday, July, 29 2018    

Boasting on double–digit increase in revenues and net profit for its third quarter ending June 2018, National Commercial Bank (NCB) remains bullish on breaking record profit year-on-year and has turned its attention to creating more efficiency for its mortgage and... Read More

New advertising outlet set to hit streets with Knutsford Express

BY RICHARD BROWNE Business editor browner@jamaicaobserver.com | Sunday, July, 29 2018    

A new form of advertising is to soon to hit the streets aboard Knutsford Express coaches, when customers access free Wi-Fi on their mobile phones on their trips across the island. Read More

Researching success with Jason Morris

BY DENNISE WILLIAMS Observer writer | Sunday, July, 29 2018    

The success of the Sygnus Credit Investments (SCI) Ltd's initial public offer (IPO) in June 2018 is not surprising to those who knew that Jason Morris and his team were the architects of the 2010 Bank of Jamaica (BOJ) intervention in the Jamaican financial sector to prevent a meltdown due to on... Read More

Clarke sees floating exchange rate as best option for BOJ

BY BALFORD HENRY Senior staff reporter balfordh@jamaicaobserver.com | Sunday, July, 29 2018    

Minister of Finance and the Public Service Dr Nigel Clarke has dismissed suggestions that Jamaica replace its system of a floating exchange rate with a fixed system. Read More

Back and forth after accident in Top Hill

Claudienne Edwards | Sunday, July, 29 2018    

Dear Claudienne On October 1, 2016 I was travelling on the Top Hill main road in Junction St Elizabeth when an Isuzu truck skidded across the road and hit the side rear of my pickup. Read More

Closing ears to new music? You must be past 28

Sunday, July, 29 2018    

NEW YORK, United States (AFP) — Listening to the same songs over and over rather than seeking new tunes? You have plenty of company — if you're over 28. Read More

Wayne Iton — from stock market to art market

BY DENNISE WILLIAMS Observer writer | Sunday, July, 29 2018    

Wayne Iton — formerly the head of the Jamaica Stock Exchange from 1987 to 2004 then chief executive officer of the Trinidad & Tobago Stock Exchange and CEO of the Trinidad & Tobago Securities and Exchange Commission — calls himself a Caribbean citizen. And while for the... Read More

Hold it right there, Petrotrin!

By Yanique Leiba-Ebanks | Sunday, July, 29 2018    

Petroleum Company of Trinidad and Tobago Ltd (affectionately known as Petrotrin) is the state-owned oil company in Trinidad and Tobago. Its crude oilfields are located across the south-western peninsula of Trinidad, off the east coast of Trinidad, and in Point Fortin. Read More

Trump and CNN: president and TV network at loggerheads

Sunday, July, 29 2018    

NEW YORK, United States (AFP) — Donald Trump has been at frequent loggerheads with CNN since taking office, but their feud has become increasingly bitter as the channel's acerbic White House coverage fuels a boom in viewers. Read More

US economy grows at 4.1% in second quarter, highest since 2014

Sunday, July, 29 2018    

WASHINGTON, United States (AFP) — The US economy roared to life in the second quarter, posting the fastest annual growth rate in almost four years and the strongest among industrialized nations, according to government data released Friday. Read More

Singapore may use drones to deliver medicine, for security

Sunday, July, 29 2018    

SINGAPORE (AFP) — Drones could be used across high-tech Singapore to deliver life-saving medical supplies to a patient during an emergency or to respond to a security breach under a new system in development, a private consortium said yesterday. Read More

Zimbabwe economy desperate for election turnaround

Sunday, July, 29 2018    

HARARE, Zimbabwe (AFP) — Zimbabwean factory manager Sifelani Jabangwe is a survivor of the Mugabe years, overseeing a company that stayed in business despite hyperinflation, abandonment of the national currency and an exodus of investors. Read More

Digicel embarks on 100% Internet penetration mission next week

Friday, July, 27 2018    

Telecoms company Digicel yesterday announced that it will be introducing LTE (Long Term Evolution) mobile Internet service to more areas in rural Jamaica next week. Read More

NCB makes record profit Highest quarterly results in group's history

Highest quarterly results in group's history | Friday, July, 27 2018    

NCB Financial Group, parent company for the National Commercial Bank (NCB), recorded net profit of $20.9 billion for the nine months ended June 30, 2018. Read More

Cuba's Castro hits out at US sanctions on left-wing LatAm gov'ts

Friday, July, 27 2018    

SANTIAGO DE CUBA, Cuba (AFP) — Former Cuban President Raul Castro yesterday accused the United States of tightening “the noose” around his country, Venezuela and Nicaragua, but vowed to “respond to every challenge”. Read More



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