Business

Baton change in progress

Editor's Note: The annual general meeting of the Jamaica Manufacturers and Exporters Association (JMEA) takes place today. President, Richard Pandohie, who served for two terms, has opted not to seek re-election. The following article by Pandohie is his last as JMEA...

Gas price hike likely to continue unless market conditions change

The global oil market is gearing up for an increase in oil supply after the Organization of the Petroleum Exporting Countries (OPEC) and its allies reached an agreement to boost oil production by 400,000 barrels per day starting August. The agreement was made in a bid to reduce...

GK Insurance launches weather protect policy for agriculture sector

In a second attempt to provide crop and livestock insurance, GraceKennedy Insurance Company Limited (GKI), a member of the GK Group, yesterday launched a new policy, 'GK Weather Protect', which aims to provide farmers and fisherfolk with coverage from adverse weather...

Eppley Caribbean Property Fund to invest more in Jamaica

The Barbados-based Eppley Caribbean Property Fund Limited is positioning itself to investing more in Jamaica, where the local real estate market is more promising than the other two Caribbean countries where the company has investments. Those two countries are Barbados and Trinidad and...

One Caribbean — the future of tech success in the region

The Caribbean region as a whole is one of the most fertile regions when it comes to the potential to be extracted from technology enablement, digital transformation and tech investments.

Ministry of Health not ruling out private distribution of COVID-19 vaccine

DR Christopher Tufton, the minister of health, is indicating that the Jamaican Government is not yet ready to permit private distribution and manufacture of COVID-19 vaccines, but it might be considered later. He told the Jamaica Observer, “Well, over time it will move in that...

Business notes ...business notes

Dividend ConsiderationsKingston Wharves Limited's shareholders on record as of today will receive a dividend per share of $0.23 to be paid on August 18. This payment comes up to $328.95 million.

Eppley's prospectus review

Eppley wants to raise $1.2 billion (US$8 million) to refinance its debt, so it's selling 60 million new preference shares. We're going through the prospectus so you can decide if this is a good investment for you and your money.

Cybersecurity road map – use maximum protection

TO mark the 9th article in the series on cybersecurity, we are recounting the critical guidance shared to ensure that our recommendations can be taken as a whole.

Home automation — getting started

Is home automation a “smart” move for your home or business? We have used the terms home automation and smart home interchangeably. Still, there is a distinction to be made as many people think purchasing a smart device automates your premises...

Fear that Industrial Disputes Tribunal will neuter the Sexual Harassment Act

UNLESS new guidelines are issued to the Industrial Disputes Tribunal (IDT), employers are not likely to dismiss workers for sexual harassment, even after the Sexual Harassment Act becomes law.

From 'black swans' to 'grey rhinos'— now is the time to rethink risk

The years 2020 and 2021 will be defined as one of the riskiest of times in human history due to the novel coronavirus pandemic, climate change and natural disasters such as the volcano eruption in St Vincent, earlier this year.

Business Changes Coming to Instagram – Part 1

SOCIAL media is a dynamic space, so it comes as no surprise that platforms are constantly evolving.

WhatsApp without a phone

VERY soon you will not need your phone connected to the Internet to use WhatsApp as the company is testing a feature that lets users send messages from a computer without having their smartphone connected.

Agriculture ministry woos Mango Park investors

Agroinvest Corporation Limited, which falls under the Ministry of Agriculture and Fisheries, is seeking investors to invest in its new Mango Agropark which is located in St Jago, Toll Gate, Clarendon. The agency is offering 50-acre plots to investors, suitable for mango...