Business Observer Report: JSE declines… 1 billion US dollars development breaks ground in St Ann… JCC calls for tax simplification and modernisation

Business

Business Observer Report: JSE declines… 1 billion US dollars development breaks ground in St Ann… JCC calls for tax simplification and modernisation

Thursday, March 05, 2020

Print this page Email A Friend!


KINGSTON, Jamaica— The local stock market has been in decline, as investors are selling out their shares to position themselves to buy into the recent initial public offerings that are on the market and those that will be coming over the next few months.

A group of Mexican developers through what will be the Sugarcane Bay US$1 billion investment project, has officially broken ground in St Ann to add about 4,800 more rooms to the hotel industry.

And, inorder to achieve a more investor-friendly business environment and faster economic growth in the country, the Jamaica Chamber of Commerce is calling for a modernised, simpler tax system.

Watch as the BUSINESS OBSERVER wraps this week for you.

See story links below:

JSE DECLINES as investors ready for IPOs

Jamaica to benefit from US$5-million investment by USAID

No immediate divestment of Petrojam

Stanley Motta gets special economic zone status

US$1-billion Sugarcane Bay development breaks ground in St Ann

Kingston 62 to replace Appleton Special brand

JCC calls for tax simplification and modernisation

We are in a watch-and-see mode - Tourism Minister

Barbados Government exploring ferry system for local and regional transportation

STR reports on Caribbean's hotel industry

Apple to pay up to US$500 million over battery-related phone slowdown

Coronavirus to cost world tourism at least US$22 billion: global tourism body


Now you can read the Jamaica Observer ePaper anytime, anywhere. The Jamaica Observer ePaper is available to you at home or at work, and is the same edition as the printed copy available at http://bit.ly/epaperlive


ADVERTISEMENT




POST A COMMENT

HOUSE RULES

1. We welcome reader comments on the top stories of the day. Some comments may be republished on the website or in the newspaper � email addresses will not be published.

2. Please understand that comments are moderated and it is not always possible to publish all that have been submitted. We will, however, try to publish comments that are representative of all received.

3. We ask that comments are civil and free of libellous or hateful material. Also please stick to the topic under discussion.

4. Please do not write in block capitals since this makes your comment hard to read.

5. Please don't use the comments to advertise. However, our advertising department can be more than accommodating if emailed: advertising@jamaicaobserver.com.

6. If readers wish to report offensive comments, suggest a correction or share a story then please email: community@jamaicaobserver.com.

7. Lastly, read our Terms and Conditions and Privacy Policy



comments powered by Disqus
ADVERTISEMENT

Poll

ADVERTISEMENT
ADVERTISEMENT

Today's Cartoon

Click image to view full size editorial cartoon
ADVERTISEMENT