Business

Knutsford Court reaping benefits of eco-friendly programme

In an effort to promote a more eco-friendly environment, the Knutsford Court Hotel in New Kingston is adopting new energy-efficient methods, along with other sustainable practices. Read More

Facebook and other social media platforms must better police content on their platforms
Facebook, the social media behemoth headed by its founder Mark Zuckerberg, finds itself under intense scrutiny for its seeming inability to effectively regulate content on its platform.... Read More

Flood of lawsuits, flight of investors on cards with US Cuba move
HAVANA, Cuba (AFP) — The US decision to enforce a tough but long-delayed law in Cuba could have far-reaching effects, including triggering an avalanche of lawsuits as well as action before the World Trade Organization.... Read More

Caribbean growth impacted by failure to invest in infrastructure — IDB
WASHINGTON, United States — A new study by the Inter-American Bank (IDB) has found that growth in Latin American and Caribbean (LAC) is sharply impacted by the failure to invest in infrastructure.... Read More

BOJ intervenes in FX market

Thursday, April, 18 2019    

The Bank of Jamaica (BOJ) intervened in the foreign exchange market yesterday and sold US$20mn to authorised dealers and large cambios by means of BOJ's Foreign Exchange Intervention and Trading Tool (B-FXITT). Read More

Wisynco Chips in 30% for JP snacks

BY HANNIFFA PATTERSON Observer writer | Thursday, April, 18 2019    

Jamaica Producers Group Ltd and Wisynco Group, announced a joint venture which sees Wisynco acquiring 30 per cent interest in JP Snacks Caribbean. JP Snacks is a subsidiary of Jamaica Producers and a holding company that will own the JP St Mary's brand and snack manufacturing... Read More

Sagicor now Jamaica's 2nd most profitable listed company

BY KEITH COLLISTER | Wednesday, April, 17 2019    

In a media briefing on Monday, President and CEO Chris Zacca announced that Sagicor Group Jamaica had become the Jamaica Stock Exchange's second most profitable listed company, with increased profits of $14.23 billion on total revenue of $70.66 billion, or 18 per cent... Read More

Samsung launches new Galaxy A series

BY ALEXIS MONTEITH Observer writer | Wednesday, April, 17 2019    

Following new consumer behaviour that has seen a transition from the ego-centred “selfie era” of the early 2010s to the present “live era”, where spontaneous and collaborative communication has grown and gained prominence, Samsung has announced... Read More

Caribbean Airlines reopens direct flights to Barbados

BY KARENA BENNETT Business reporter benettk@jamaicaobserver.com | Wednesday, April, 17 2019    

Caribbean Airlines has reintroduced its non-stop service between Kingston, Jamaica and Bridgetown, Barbados closing roughly a 15-year hiatus for direct travel between the two destinations. Read More

The power of digital

BY JULIE MISSIMORE | Wednesday, April, 17 2019    

The Digital Revolution and Information Age are providing great opportunities and changing the way we communicate, live, and work around the world. Accountants and financial professionals are poised to grab the tremendous opportunities created by demonstrating their... Read More

Clarke interviewed on Bloomberg

BY ALEXIS MONTEITH Observer writer | Wednesday, April, 17 2019    

Jamaica's finance minister, Dr Nigel Clarke, was featured yesterday on the Bloomberg Television production, Bloomberg Markets: The Close. Clarke was interviewed by the show's co-hosts Caroline Hyde and Scarlet Fu on matters related to... Read More

Expansion for itelbpo in Kingston

Wednesday, April, 17 2019    

As part of its drive to create 1,000 new jobs in 2019, locally owned contact centre and business process outsourcing (BPO) company, itelbpo is adding 20,000 square feet of space to its Kingston-based operations by the end of May. Read More

Jamaica Customs switches to new e-mail platform

Wednesday, April, 17 2019    

THE Jamaica Customs Agency (JCA) is advising all our stakeholders that as at Monday, April 15 2019, the email addresses of all employees of the JCA changes to the new domain address @jca.gov.jm. Read More

You can't call it that, it doesn't come from here

With LISA RHOOMS | Wednesday, April, 17 2019    

Some time ago, there was outrage on social media after a popular British chef referred to one of his creations as “punchy jerk rice”. Read More

Mitchell calls for pegging of J$ to the greenback

BY HORACE HINES Observer staff reporter | Wednesday, April, 17 2019    

MONTEGO BAY, St James — Arguing that devaluation is a curse, President of the Private Sector Organisation of Jamaica (PSOJ) Howard Mitchell is calling for the fixing the exchange rate of the Jamaican currency to its US counterpart. Read More



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