Cruise ship docking facility for former pirates' haven

The Government could be announcing today who will get the contract for the development of a cruise ship docking facility at Port Royal, the former pirates' haven east of Kingston which was dubiously dubbed the wickedest city in the world. Read More

Jamaica's cyber response team tackles Spectre and Meltdown threats
Minister of Science Energy and Technology, Dr Andrew Wheatley lasat Friday urged local businesses, government agencies and individuals to become more vigilant, in light of recent vulnerabilities found in microprocessors.... Read More

Company registrations continue to grow
Jamaica has again surpassed the 10,000 mark for business and company registrations, closing at 11,988 for the year 2017, according to data provided by the Companies Office of Jamaica (COJ). ... Read More

Magna Motors expands to Oxford Road
Magna Motors Dealership Limited, exclusive distributor of Hyundai in Jamaica, has announced plans to upgrade to an ultra-modern facility on Oxford Road in Kingston. ... Read More

Global markets extend 2018 rally with fresh records

Sunday, January, 7 2018    

NEW YORK, United States (AFP) — The 2018 global equity rally continued apace Friday, with Asian and European markets posting healthy gains and Wall Street powering to fresh records once again. Read More

Profiling your investments

Sunday, January, 7 2018    

As the new year is now well underway and you have already completed your review of your investment successes and failures for 2017, you are perhaps still refining your investment strategy for 2018. Read More

Pharmaceutical stirs outrage over price hike for brain tumour drug

Sunday, January, 7 2018    

MIAMI, United States (AFP) — A little known pharmaceutical company in Florida has found itself in the eye of a storm following disclosures it raised the price of an old drug used to fight brain tumours by 1,400 per cent, from US$50 a pill to more than... Read More

Card promoted at Sagicor

Friday, January, 5 2018    

Ingrid Card has taken another step up the corporate ladder having been appointed vice-president, corporate communications and brand experience at Sagicor Financial Corporation Limited. Read More

RUBiS expands Ultra Shop concept

Friday, January, 5 2018    

Petroleum marketing company RUBiS Energy Jamaica Limited opened two Ultra Shop convenience stores in Manor Park and Old Hope Road in Kingston just before the close of last year. Read More

Courts Ready Cash expands to Negril

BY KARENA BENNETT Business reporter bennettk@jamaicaobserver.com | Friday, January, 5 2018    

Courts Ready Cash, a subsidiary of the Unicomer Jamaica Group (Courts), yesterday expanded its footprint to Whitehall, Negril. Read More

Google moved 16b euros to Bermuda to avoid tax — Bloomberg

Friday, January, 5 2018    

THE HAGUE, Netherlands (AFP) — Google moved 15.9 billion euros (US$19.2 billion) to a Bermuda shell company in 2016, saving it billions of dollars in taxes that year, Bloomberg reported on Wednesday, quoting regulatory filings in the Netherlands. Read More

Caribbean subsidiary of Canadian firm acquires electricity company

Friday, January, 5 2018    

NASSAU, Bahamas, (CMC) — The Bahamas Government says it has approved a 100 per cent ownership of the Grand Bahama Power and Light Company Limited by Emera Caribbean Holdings Limited (ECHL). Read More

Cuba 'blockade' not solution, says EU foreign policy chief

Friday, January, 5 2018    

HAVANA, Cuba (AFP) — Blockading Cuba is not the solution, the European Union's foreign policy chief said Wednesday on a trip aimed at strengthening ties with Havana, after Washington tightened restrictions on the island. Read More

Crisis-wracked Venezuela turns for hope to broken factories

Friday, January, 5 2018    

CIUDAD GUAYANA, Venezuela (AP) — Juan Carlos Goite has to be creative, finding spare parts stripped from one broken-down locomotive to repair another in a desperate attempt to keep a once-thriving iron ore mining company running. Read More

Honey Bun takes JSE Best Practices Awards again

Wednesday, January, 3 2018    

Honey Bun 1982 Limited last month took three awards in the Jamaica Stock Exchange (JSE) 2017 Best Practices Awards, one of which the company was winning for the sixth-consecutive year. Read More



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