Business

Debt, sanctions and disrepair: Venezuela's oil sector in agony

Wednesday, September, 6 2017    

CARACAS, Venezuela (AFP) — After decades of being Venezuela's cash cow, the State oil company PDVSA is a ragged shadow of its former self: overburdened, underfed, and in hock to Russian and Chinese creditors. Read More

How to deal with flooded cars in Harvey's wake

Wednesday, September, 6 2017    

DETROIT, United States (AP) — As Harvey moved away from southeast Texas, aerial photos revealed thousands of cars covered by floodwaters on streets, parking lots, and in driveways. Read More

Canada preparing winter shelters as migrant wave continues

Wednesday, September, 6 2017    

MONTREAL, Canada (AFP) — Canada expects migrants to continue border jumping from the United States for many more months, and officials said Friday they were readying temporary accommodation to deal with the surge through winter. Read More

NHT controversy looms in Twickenham Park

BY KARENA BENNETT Business reporter bennettk@jamaicaobserver.com | Sunday, September, 3 2017    

Controversy is brewing over prime lands adjacent to the National Housing Trust (NHT) in Twickenham Park, St Catherine, for the proposed construction of a Christel House International school — on lands previously intended for the construction of a multi-purpose... Read More

Milking the dairy industry

Sunday, September, 3 2017    

In the 1990s, the local dairy industry was virtually wiped out. Trade policies facilitated the importation of cheap milk powder from developed countries, and many farmers — large and small — were forced out of business. Read More

End of the line for Cambodia's tourist ‘Bamboo Train’

Sunday, September, 3 2017    

BATTAMBANG, Cambodia (AFP) — With a wooden platform jerry-rigged to a small engine, Cambodia's one-of-a-kind “Bamboo Train” delights tourists as it clatters through bucolic countryside — but its days are numbered as the Southeast Asian nation plans a railways... Read More

Ask and you shall receive in world of voice shopping

Sunday, September, 3 2017    

SAN FRANCISCO, United States (AFP) — Ordering pizza from the sofa without lifting a finger has joined the list of modern-day conveniences thanks to a hot trend in voice-commanded smart speakers. Read More

How to avoid catching the falling knife

BY TONI-ANN NEITA | Sunday, September, 3 2017    

The strategy of “averaging down” involves investing additional amounts in a financial instrument or asset if it declines significantly in price after the original investment is made. Read More

Someone is making you not make as much money as you could make

With Dennise Williams | Sunday, September, 3 2017    

You know that feeling when someone pushes your button and “makes” you do something that you later regret? Then you have to spend time cleaning up the mistake in some form or another? Read More

Ministry of Labour investigates Caricom Community Certificate issue

TELL Claudienne | Sunday, September, 3 2017    

Dear Claudienne,I am unable to collect my approved Caricom Community (Free Movement of Skilled Persons Act) Certificate from the Ministry of Labour, as it was delivered without my authorisation to someone whom I do not know. Read More

Scotiabank still using passbooks, despite printer hiccup

Sunday, September, 3 2017    

Dear Claudienne, Read More

Israelis log out of high-tech jobs for a life offline

Sunday, September, 3 2017    

JERUSALEM (AFP) — Former technology executive Dotan Goshen carefully arranges some melons at the bottom of a crate, followed by courgettes, tomatoes and lettuce. Read More

US dollar losing its lustre as safe haven investment

Sunday, September, 3 2017    

NEW YORK, United States (AFP) — In times of uncertainty or crisis, investors typically take refuge in “safe” options like the Swiss franc, gold or the US dollar, but under President Donald Trump the greenback has lost its lustre, especially to the... Read More

Shaw, PIOJ and ECG see growth of more than 2% for 2017/18

BY BALFORD HENRY Senior staff reporter balfordh@jamaicaobserver.com | Friday, September, 1 2017    

Minister of Finance and the Public Service Audley Shaw has predicted growth of between 2.3 per cent and 2.5 per cent for the current fiscal year 2017/18. Read More

Jamaica's lack of disruptive thought

Dennis Chung | Friday, September, 1 2017    

The Jamaica Observer's editorial on Tuesday appropriately addressed the issue of the lack of “big” thinking, which has plagued Jamaica and resulted in a lack of development. Read More



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