Jamaica Business News: Economy, Financial Sector & More ? Jamaica Observer - Business - JamaicaObserver.com


IDB study finds GOJ COVID CARE programmes wanting

AN Inter-American Development Bank (IDB) study designed to gauge the impact of the novel coronavirus pandemic on Jamaican businesses has found that a large number of businesses were not impressed with the Government's cash support programmes, leading to a call for an assessment of the... Read More

Business groups welcome revisions to COVID-19 control protocols
THE business community is welcoming news from the Ministry of Health and Wellness that once they consistently observe the protocols in their daily operations, they are not mandated to close their doors if employees become exposed to the virus.... Read More

Public sector strikes over wages to hit Germany
BERLIN, Germany (AP) — Public sector workers in Germany will start staging short-term warning strikes after the latest round of wage negotiations failed to produce an agreement, their union said Sunday.... Read More

New stimulus package for tourism sector
A raft of new stimulus incentives for the tourism sector, which is trying to make up for lost ground from the COVID-19 pandemic, is being rolled out by the Government.... Read More

Access Financial moves to stave off higher delinquency

BY DAVID ROSE Observer Business writer | Sunday, September, 20 2020    

Microfinance provider Access Financial Services has taken a more direct and calculated approach to navigating their loan disbursements amid delinquency rates rising to 7.9 and 12 per cent for their Florida and Jamaican businesses, respectively. Read More

Konnecting with Dean Nevers

Sunday, September, 20 2020    

HAVING developed a love for Hellshire fried fish from as early as the days when he used to move his library's location from Tom Redcam Drive in Kingston to Hellshire beach in St Catherine to chill with friends, this week's guest has proven to be a real techie who has pioneered the craft... Read More

Bluedot's real-time data insights set to drive future political campaigns

Sunday, September, 20 2020    

Data-driven entity Bluedot Insights believes they are ushering a new era in Jamaican politics. Read More

Judgement reserved in Salada/JACRA case

Sunday, September, 20 2020    

The Supreme Court has reserved judgement in the crucial legal battle between Salada Foods and the Jamaica Agricultural Commodities Regulatory Authority (JACRA). Read More

Deposit insurance fund now at $26 billion — JDIC

BY KELLARAY MILES Business reporter milesk@jamaicaobserver.com | Sunday, September, 20 2020    

THE Jamaica Deposit Insurance Corporation (JDIC) recently said that the build-up of funds secured to provide protection for the depositors of financial institutions under the deposit insurance scheme now totals approximately $26 billion. Read More

The truth behind why most companies sales don't grow

BY DUANE LUE-FUNG | Sunday, September, 20 2020    

Have you ever been physically ill? Had car troubles or been in an accident? Experienced leaky pipes or electrical issues in your home? If so, did you just sit back and hope these issues would disappear on their own, or did you call in the doctor, car mechanic, plumber... Read More

Should I buy a bond or a mutual fund?

BY Yanique Leiba-Ebanks | Sunday, September, 20 2020    

The answer is: it depends. Investors have to decide among numerous options when they are making investment decisions. One of the most common dilemmas arises when an investor needs to decide whether to put their money in a mutual fund or directly in a bond. Now let us... Read More

UTech student's fee issue dealt with by Tell Claudienne

with Claudienne Edwards | Sunday, September, 20 2020    

Dear Claudienne:On June 28, 2019 I paid my daughter's tuition of $24,310 to the University of Technology (UTech) using my credit card on their portal. The payment was successful. Read More

US bans WeChat, TikTok from app stores, threatens shutdowns

Sunday, September, 20 2020    

The US Commerce Department said Friday it will ban Chinese-owned TikTok and WeChat from US app stores starting today and will bar the apps from accessing essential Internet services in the US... Read More

Florida's unemployment rate drops to 7.4% amid pandemic

Sunday, September, 20 2020    

ST PETERSBURG, Florida (AP) — Florida's unemployment rate dropped to 7.4 per cent in August, a sharp decline from July when it was 11.4 per cent, according to state statistics released last Friday, September 18. Read More

Proven maps out new future at crossroads of COVID-19

BY DAVID ROSE Observer Business writer | Friday, September, 18 2020    

With their additional public offering (APO) being suspended following the onset of COVID-19, 10-year-old St Lucian-based outfit Proven Investments Limited (PIL) has decided to chart a different path as the business environment evolves daily due to the current... Read More


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