Ashman Food Products in expansion mode

Ashman Food Products Limited will pump $15 million into the build out of 6,000 square feet of factory at its Vineyard Crescent facility in Old Harbour, St Catherine. Read More

Screens Unlimited — Creating a window of opportunity
NINETEEN years ago, Wayne Nathan was working in the payroll department of a St Andrew construction company. In addition to crunching numbers for employees' salaries, he helped estimate the price for window screens.... Read More

Bartlett wants more use of local coffee in hotels
Minister of Tourism Edmund Bartlett has commissioned the Ministry's Tourism Linkages Network (TLN) to increase consumption of coffee locally, by strengthening ties between stakeholders in the coffee and hospitality industries.... Read More

Long road to compensation
Dear Claudienne,... Read More

The exciting world of IPOs

Yanique-Leiba- Ebanks | Sunday, January, 28 2018    

An i nitial public offering (IPO) is the first time the stock of a private company is offered to the public. This gives individual and institutional investors the opportunity to own a part of the company. Can you imagine how thrilling this is? Why? Because IPOs are... Read More

Businesses demanded more creative financing options in 2017

BY DENNISE WILLIAMS Contributor | Sunday, January, 28 2018    

It would appear that lower interest rates on savings, the constriction of the repurchase agreement market, and the expansionary outlook for the local business converged last year to significantly expand the financing options available. Read More

Europe brings on charm and blue skies to lure Chinese tourists

Sunday, January, 28 2018    

VENICE, Italy (AFP) — Chinese tourists are big spenders, and with the numbers visiting Europe set to soar by nearly 70 per cent over the next five years, the countries of the Old Continent are rolling out the red carpet to make the guests feel welcome. Read More

The juice start-up putting Mali in a bottle

Sunday, January, 28 2018    

BAMAKO, Mali (AFP) — Scarlet hibiscus petals (sorrel) infuse their flavour in a giant pot of liquid, where green leaves picked from the west African kinkeliba shrub also swirl. With a pinch of ginger and some baobab fruit, the concoction is ready to be... Read More

IMF predicts improvements in economic prospects for Caribbean/Latin America in 2018

Saturday, January, 27 2018    

WASHINGTON, DC, USA (CMC) — The International Monetary Fund (IMF) says economic prospects for the region are generally improving and modest growth is expected in 2018 and 2019. Read More

Joint venture for Lasco, United Cannabis and CRD

BY KARENA BENNETT Business reporter bennettk@jamaicaobserver.com | Friday, January, 26 2018    

Lasco Manufacturing Ltd has entered a joint venture valued at US$103 million ($12.8 billion) with US-based company United Cannabis and Cannabinoid Research and Development (CRD) for the manufacture of cannabis-infused water among other cannabis medicinals. Read More

Foreign exchange market dynamics

BY TONY MORRISON | Friday, January, 26 2018    

There are several major factors, in isolation or in tandem, which can impact the state of the foreign exchange market, and therefore the exchange rate.These include:1. The current account balance Read More

Elite Diagnostics delays IPO

Friday, January, 26 2018    

Elite Diagnostics has delayed its initial public offer (IPO) that was scheduled to be opened on Wednesday. Read More

Investing outside Jamaica? Strategies to consider

BY DENNISE WILLIAMS Contributor | Friday, January, 26 2018    

In terms of the plethora of global assets available to investors, Deltec Investment Group, partner of local investing consultant Leo Williams says that one should consider a preference for equities and cash & money market securities over bonds and real assets to... Read More

Facing forward without Facebook

BY HANNIFFA PATTERSON | Friday, January, 26 2018    

There has been an uproar in the marketing world, as Facebook recently announced changes to the way ads will be presented in the newsfeeds of the now 2.07 billion monthly active users. Read More

EGC shifts gear

BY RICHARD BROWNE Business reporter browner@jamaicaobserver.com | Friday, January, 26 2018    

Almost two years after its launch with Michael Lee-Chin as its chairman, the Economic Growth Council (EGC) is now shifting from building a positive macroeconomic environment to become the “enabler-in-chief” of economic growth in the country, according to its... Read More



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