Business

JPS to pump US$21m in energy storage facility

BY KARENA BENNETT Business reporter bennettk@jamaicaobserver.com | Wednesday, November, 22 2017    

The Jamaica Public Service Company (JPS) has committed US$21 million ($J2.6 billion) to the development of a 24.5-megawatt facility to store energy as a safeguard against power outages. Read More

FosRich launches IPO to raise $200m

Wednesday, November, 22 2017    

FosRich Company Ltd, a local distributor of lighting, electrical and solar energy products, has released their prospectus for their impending IPO, set to be open for subscription on December 4 and which officially closes on December 11. Read More

Mineral school in the works — Henry

BY KARENA BENNETT Business reporter bennettk@jamaicaobserver.com | Wednesday, November, 22 2017    

Minister of Transport and Mining, Mike Henry yesterday disclosed plans for the development of a mineral school similar to a model developed by the Caribbean Maritime University. Read More

Dolphin Cove profits from Hurricane Irma

Wednesday, November, 22 2017    

Dolphin Cove Limited has credited an increase in revenue of US$447,000 or 11 per cent for the three months ending September 2017 to the diversion of cruise ships from other destinations as a result of Hurricane Irma. Read More

How the IMF can help Jamaica unleash growth (Part 2)

BY KEITH COLLISTER | Wednesday, November, 22 2017    

Former Minister Ronald Thwaites, in a Monday article in another newspaper, used the line, picked up in the article's headline “Now that the boss has spoken”, discuss the IMF's ongoing call for public sector reform. Read More

How loyal are you to your customers?

with Herman Alvaranga | Wednesday, November, 22 2017    

Customers want loyalty, not perfectionWith frustration verging on despair, marketing and brand managers worldwide bemoan the erosion of customer loyalty. In reality, the declared demise of brand loyalty is completely misunderstood. Read More

Elite Diagnostic to go public

Wednesday, November, 22 2017    

Elite Diagnostic, a medical diagnostic imaging company, has plans to go public, after four years in the health industry, and become the first and only medical services company to launch an IPO and enlist on the junior stock market. Read More

Think yourself out of debt

BY DENNISE WILLIAMS Contributor | Wednesday, November, 22 2017    

For every dollar the average Jamaican earns, more than half goes to debt, according to a report by the Bank of Jamaica in 2016. Read More

Starbucks opens at Doctor's Cave in MoBay

BY MARK CUMMINGS Editor-at-large, Western Bureau cummingsm@jamaicaobserver.com | Wednesday, November, 22 2017    

MONTEGO BAY, St James - Starbucks yesterday opened its first store in Jamaica and entered its 76th market globally, marking a historic milestone for the global coffee company's Caribbean operations and its storied history of sourcing the highest quality coffee from the region going back... Read More

Jamaica Customs gives tips to travellers and importers during busy period

Wednesday, November, 22 2017    

The Christmas season is the busiest period for the Jamaica Customs Agency (JCA), with importers clearing volumes of items and cargo at the airports and seaports. Read More

Christmas money ideas

BY DENNISE WILLIAMS Contributor | Wednesday, November, 22 2017    

For people who are looking for a last-minute plan to profit from the Christmas season, we asked our panel of experts to recommend some ideas for generating income. Actually, the window of opportunity is not as wide as you might think, and strategic planning is... Read More

The business of helping the divorced build a new life

BY DENNISE WILLIAMS Contributor | Wednesday, November, 22 2017    

We are all familiar with marriage counsellors and therapists who build a business around helping couples. However, when the marriage or relationship breaks up, who do you turn to? In Jamaica, it may be a family member or your spiritual counsellor. Read More

Create a vision and map for success, says Byles

Wednesday, November, 22 2017    

Chairman of the Sagicor Group, Richard Byles, says that improvement in Jamaica's human capital within both the public and private sectors should be an essential part of national development and transformation plans. Read More

US regulator unveils plan to end 'net neutrality'

Wednesday, November, 22 2017    

WASHINGTON, United States (AFP) — The top US telecom regulator unveiled a formal plan yesterday to roll back the “net neutrality” rules adopted in 2015, aimed at treating all online traffic equally. Read More

Got a spare US$71m? How about a single Hong Kong apartment?

Wednesday, November, 22 2017    

HONG KONG, China (AFP) — Home may be where the heart is, but in Hong Kong it comes at a record price — more than US$71 million for a single apartment. Read More



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