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Business

Rapid Nutrition expands to Jamaica, other countries

Monday, May, 11 2020    

ZURICH, Switzerland — As the sales of wellness products continues to skyrocket, Rapid Nutrition is expanding global distribution through a new partnership with Cloud 9 Switzerland LLC. Read More

Jamaican company makes international mask deal

BY DURRANT PATE Observer business writer | Sunday, May, 10 2020    

Jamaican-based health-care company NovaMed is taking advantage of the worldwide demand for COVID-19-related masks, partnering with a Hong Kong-based company to acquire a mask production line in China. Read More

Adam and Eve Day Spa opens at new location

Sunday, May, 10 2020    

Adam and Eve Day Spa has reopened its doors at its all-new wellness campus on Hope Road in Kingston, in time for Mother's Day ­– one of the busiest seasons for the spa industry. Read More

Digicel's US$1.7-b debt restructuring deal amounts to default, says Moody's

BY DURRANT PATE Observer business writer | Sunday, May, 10 2020    

 Moody's, one of the world's leading credit ratings agencies, is describing Digicel's plan to wipe away as much as one quarter of its US$7-billion (€6.5bn) debt through restructuring as defaulting. Read More

Sum for elderly nurse from Ministry of Health

Claudienne Edwards | Sunday, May, 10 2020    

Dear Claudienne I am having a serious problem with the Ministry of Health regarding salary owed to me since 2014. Read More

BOJ committed to safeguarding reserves

Sunday, May, 10 2020    

The Bank of Jamaica (BOJ) said that as a response to the ongoing impact of the coronavirus (COVID-19) pandemic it will be taking all the necessary steps to safeguard the level of net international reserves (NIR) held by the country at this... Read More

Flow needed for online learning

Sunday, May, 10 2020    

Dear Claudienne,  Read More

Governor Byles promises Jamaica will be off EU blacklist next year

Sunday, May, 10 2020    

Bank of Jamaica (BOJ) Governor Richard Blyle is promising that Jamaica will be off the European Union blacklist of countries that pose financial risks to the bloc because of anti-money laundering and terrorism financing shortfalls. Read More

Virus crisis leaves thousands of cruise

Sunday, May, 10 2020    

MIAMI, United States (AFP) — The cruise industry has taken a beating during the coronavirus crisis — onboard outbreaks, refusal of port access and now no clear idea of when ships can sail once again. Read More

Brave new world: Could pandemic lead to positive change?

Sunday, May, 10 2020    

LONDON, United Kingdom (AFP) — Major social advances have often emerg ed from the depths of disaster: the Black Death brought an end to serfdom, and Britain's welfare state emerged from the ruins of World War II. Read More

Earn more using leverage

Dwayne Neil | Sunday, May, 10 2020    

What is leverage?In the sphere of finance and investments, leverage is the technique of using borrowed funds (debt) to purchase assets and/or make investments. This technique can be employed if the investor does not want to invest new cash (equity). Read More

Planning in times of uncertainty amid

Sunday, May, 10 2020    

In the midst of adversity, there is always opportunity. The spread of the deadly COVID-19 virus has drastically changed life as we know it. Read More

EU and IICA launch app for the agri-food sector during COVID-19

Sunday, May, 10 2020    

The Inter-American Institute for Cooperation on Agriculture (IICA) and the European Union (EU) developed an application that provides preventive recommendations and measures to strengthen bio-safety within the agri-food chain of countries in the... Read More

'The damage that we're seeing from the coronavirus recession is traumatic'

Saturday, May, 9 2020    

WASHINGTON, DC, United States (AP) — The US unemployment rate rocketed to 14.7 per cent in April, a level last seen during the Great Depression, as 20.5 million jobs vanished in the worst monthly loss on record — stark evidence of how the coronavirus has brought the economy... Read More

IDB says Caribbean's tax revenue under threat amid deteriorating outlook

Saturday, May, 9 2020    

WASHINGTON, DC, United States (CMC) — The Inter-American Development Bank (IDB) says while tax revenues in Latin America and the Caribbean (LAC) increased to 23.1 per cent of gross domestic product (GDP) on average in 2018, these gains are now under threat as a result of the... Read More



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