Business

35 enterprises get 'Buy Social' trademark

THIRTY-FIVE social enterprises which have been nurtured by the Social Enterprise Boost Initiative (SEBI) both as members of the SEBI incubator and the SEBI open network, have received their official “Buy Social” trademark to assist prospective consumers in identifying their... Read More

FLOW's fibre network hit by vandals again
TELECOMMUNICATIONS company FLOW says its fibre network has been hit by vandals again, which it said is threatening its ability to function properly, particularly in Montego Bay and its environs in St James, where the perpetrators struck this week.... Read More

Trailer load of IPOs for Christmas
For investors with an interest in the Jamaica Stock Exchange (JSE), this Christmas a 'trailer load' of initial public offers (IPO) have caused analysts, traders and stockbrokers to work overtime to fill orders. ... Read More

IFC's Orton says corporate governance is still being defined in Latin America and Caribbean
International expert on corporate governance, Oliver Norton, says that there is evidence of significant gains in the performance of companies who pay serious attention to improving their corporate governance practices.... Read More

New trade for Jamaican companies in Caribbean markets

Friday, December, 8 2017    

Caribbean markets previously dominated by suppliers from the US and China recently received goods from an additional two Jamaican companies, according to latest data from the Jamaica Promotions Corporation (Jampro). Read More

Fiscal consolidation's unintended consequences

BY DENNIS CHUNG | Friday, December, 8 2017    

Not all weight loss is good. In other words, if you lose weight by cutting into muscle, then it can actually have a negative effect on your health. Nutritionists will therefore tell you that it is very important to eat properly and avoid a “no food” diet, because lack of food will... Read More

Victoria Mutual rewards its staff and clients in IPO

BY DENNISE WILLIAMS Contributor | Friday, December, 8 2017    

The 134-year-old Victoria Mutual Building Society (VMBS) led by Courtney Campbell has sought to raise capital by being the first building society on the Jamaica Stock Exchange (JSE). Read More

Shortage hits sorrel and gungo prices for Xmas

Friday, December, 8 2017    

President of the Clarendon Association for Jamaica Agriculture Society (JAS) branches, Denton Alvaranga has advised that Jamaicans should prepare for high sorrel prices later this month following heavy rainfall over the last two months, which dampened normal crop yield for... Read More

New PSOJ president Howard Mitchell describes 2018 as a year of decision for Jamaica

BY KEITH COLLISTER | Friday, December, 8 2017    

Newly elected PSOJ President Howard Mitchell gave his first public address at the annual Private Sector Organisation of Jamaica (PSOJ) Christmas luncheon on Wednesday. Read More

Godfrey Dyer to be inducted in MoBay chamber's Wall of Fame

Thursday, December, 7 2017    

MONTEGO BAY, St James — Chairman of the Tourism Enhancement Fund (TEF) Godfrey Dyer is to be inducted in the Montego Bay Chamber of Commerce and Industry's Business Leaders Wall of Fame during its annual awards banquet at the Montego Bay Convention Centre in Rose Hall on Saturday. Read More

VMBS prepares to launch IPO

BY KARENA BENNETT Business reporter bennettk@jamaicaobserver.com | Wednesday, December, 6 2017    

Victoria Mutual Building Society (VMBS) will float little over 300 million shares or 20 per cent of equity in its subsidiary, Victoria Mutual Investments Ltd on the Jamaica Stock Exchange main market. The company hopes to raise just under $700 million. Read More

Fosrich IPO oversubscribed by $100M

Wednesday, December, 6 2017    

Distributor of lighting, electrical and solar energy products, FosRich Company Ltd, received more than $100 million in surplus applications from its initial public offering on Monday. Read More

EU blacklists 17 nations as tax avoidance havens

Wednesday, December, 6 2017    

BRUSSELS, Belgium (AP) — The European Union on Tuesday put 17 non-EU countries on a blacklist of those it deems guilty of unfairly offering tax avoidance schemes. Read More

Digicel, Flow to meet with CAC over customer complaints

BY KARENA BENNETT Business reporter bennettk@jamaicaobserver.com | Wednesday, December, 6 2017    

Telecommunication company Digicel on Friday announced that it has made contact with the Consumer Affairs Commission (CAC), after the agency said that it has been bombarded with customer service complaints against the islands two mobile providers. Read More

Airbnb launches Trips in Jamaica

BY HORACE HINES Observer staff reporter hinesh@jamaicaobserver.com | Wednesday, December, 6 2017    

Tourism Minister Edmund Bartlett is elated that community tourism got a major boost after Jamaica's tourism officials deepened ties recently with Airbnb, the world's largest home lodgings platform. Read More



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