Red Stripe on track with cassava production

Beer manufacturer Red Stripe Jamaica, plans to have 40 per cent volume of the locally grown cassava in the production of its malt, beer and stout beverages by 2020 — but could find itself working overtime to reach the target after experiencing some setbacks on its... Read More

Economic independence will end dependence on creditors — Clarke
In laying the foundation for the creation of a fiscal council to oversee government spending, Minister of Finance and the Public Service Dr Nigel Clarke said Thursday that Jamaica's economic independence will require “long-term...... Read More

GraceKennedy records $1.3B in profit
The GraceKennedy Group has posted profit of $1.3 billion for first quarter of 2018, 15 per cent over profits recorded a year earlier. ... Read More

What should happen when this IMF agreement ends?
Last year, on November 16th, the Jamaican Government partnered with the International Monetary Fund (IMF) in a high-level forum called 'Unleashing Growth and Strengthening Resilience in the Caribbean'. The conference was in large part organised by then Ambassador Nigel...... Read More

Strata bed and breakfast

Wednesday, May, 16 2018    

Amid the growing popularity of short-term tourist rentals, strata corporations have been having mixed experiences with strata lot owners using their units to for these types of accommodation. Read More

Productivity problems in Jamaica

BY DENNIS JONES | Wednesday, May, 16 2018    

“Productivity is an economic measure of output per unit of input. Inputs include labour and capital, while output is typically measured in revenues and other gross domestic product (GDP) components such as business inventories.” Read More

Azan expands to ABC islands

BY VERNON DAVIDSON Executive editor — publications davidsonv@jamaicaobserver.com | Wednesday, May, 16 2018    

Jamaican business mogul Gassan Azan has expanded his footsteps across the Caribbean with the acquisition of all five supermarkets of the Netherlands-based Van den Tweel Groep in Aruba, Bonaire, and Curaçao, known as the ABC islands. Read More

Jamaica Customs at JBDC Expo today

Wednesday, May, 16 2018    

Following on the heels of Expo Jamaica 2018 held in April, the Jamaica Customs Agency (JCA) is intensifying its public outreach activities and has made its next stop at the Jamaica Business Development Corporation's (JBDC's) 11th Annual Small Business Expo, being held... Read More

Philanthropy adds to more than the bottom line

BY KAREEN THOMPSONS | Wednesday, May, 16 2018    

The way companies give is changing. Many of today's organisations are integrating philanthropy into the heart of the business, bringing benefits to employees as well as recipients. Read More

How once-mighty Venezuelan economy collapsed

Wednesday, May, 16 2018    

CARACAS, Venezuela (AFP) — How did Venezuela, once Latin America's richest country, sink into ruin? As the country faces a presidential election Sunday, here are four key elements in the unravelling of its economy.  Read More

A Royal Romance...The Countdown Is Own

Wednesday, May, 16 2018    

Wednesday Social closes the curtain on Part 1 of its coverage of the screening of the Lifetime Movie Network's Harry and Meghan: A Royal Romance , hosted by the Jamaica Pegasus hotel and supported by... Read More

Argentina braces for investor flight amid bid to save peso

Wednesday, May, 16 2018    

BUENOS AIRES, Argentina (AFP) — Argentina's currency faced a major test yesterday as holders of peso-denominated securities readied for a potential US$25-billion payout, squeezing g overnment efforts to halt capital flight ahead of talks with the... Read More

UN agency calls for all countries to rid foods of trans-fat

Wednesday, May, 16 2018    

NEW YORK, United States (AP) — The World Health Organization (WHO) is calling on all nations to rid foods of artificial trans fats in the next five years. Read More

Existential debate in US food industry: What is meat?

Wednesday, May, 16 2018    

NEW YORK, United States (AFP) — Can a hamburger or steak be labelled “meat” if it is plant-based? Read More

Will Mexico's economy tank if leftist wins vote?

Wednesday, May, 16 2018    

MEXICO CITY, Mexico (AFP) — The fiery leftist Andres Manuel Lopez Obrador looks increasingly hard to beat in Mexico's upcoming presidential election — drawing dire warnings from some in the business community that he would wreck Latin America's second-largest... Read More



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