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


Cool breeze for Allman Town

Residents of the central Kingston community of Allman Town should be much cooler these days following the donation of more than 1,000 fans worth millions of dollars by Reggae Breeze in conjunction with SmartEco. Read More

Business unusual for BPOs in the COVID-19 aftermath
While the world collectively prepares to reopen its doors and ports, business unusual is the new normal.... Read More

COVID-19 screening online platform to be launched soon
MDLink, which offers online medical services via video, voice, or text messages, will be rolling out an artificial intelligence novel coronavirus screening online platform in collaboration with the IDB Lab, for members of the public.... Read More

Sagicor's Millennium Mall off to slow start
Sagicor's $2.3-billion-dollar Millennium Mall development project on the outskirts of May Pen, Clarendon, has been hit hard by COVID-19, which is being blamed for the low occupancy levels being experienced.... Read More

The mystery of the $400,000 cheque

Sunday, May, 31 2020    

Dear Claudienne I am having a serious problem with the Accountant General's Department (AGD), and I am asking for your assistance in this matter. Read More

Branson Centre hosts webinars to create support for SMEs

Sunday, May, 31 2020    

Branson Centre of Entrepreneurship – Caribbean has commenced a series of webinars aimed at helping members of the small and medium-sized enterprises (SMEs) community to navigate the challenges of the coronavirus (COVID-19) pandemic. Read More

Caribbean must put strategic tourism plans in place — Bartlett

Sunday, May, 31 2020    

Minister of Tourism Edmund Bartlett says tourism-dependent countries, such as Jamaica, must put strategic plans in place to prepare workers for a reopening of the industry, in the shortest possible time. Read More

Building out telemedicine ecosystem in Jamaica as social distancing becomes the norm

BY DURRANT PATE Observer business writer | Sunday, May, 31 2020    

Given the advent of COVID-19 and its new worldwide norm of social distancing, the use of telemedicine by practising physicians and patients is set to accelerate in Jamaica. Read More

Britain pushing US to form 5G club of nations to cut out Huawei

Sunday, May, 31 2020    

LONDON, United Kingdom (AFP) — Britain said Friday it was pushing the United States to form a club of 10 nations that could develop its own 5G technology and reduce dependence on China's controversial telecoms giant Huawei. Read More

Billy Craig Insurance Brokers launches new all-in-one web portal

Sunday, May, 31 2020    

With the increasing need to conduct business virtually Billy Craig Insurance Brokers has launched a new online portal — a singular hub through which clients can conduct all their business in the areas of employer and public liability as well as group personal... Read More

Wrong move

BY YANIQUE LEIBA-EBANKS | Sunday, May, 31 2020    

Have you ever made a mistake? If you have bought bonds and one or more subsequently defaulted whether recently or in the past, you probably know what I am talking about. Read More

Spain gov't okays basic income scheme to

Sunday, May, 31 2020    

MADRID, Spain (AFP) — Spain's left-wing Government approved a minimum basic income scheme on Friday to tackle a spike in poverty stemming from the virus crisis that has forced many families to rely on food aid. Read More

Cuba highlights campaign against hoarders during pandemic

Sunday, May, 31 2020    

HAVANA, Cuba (AP) — The recent seizure by Cuban police of hundreds of sacks of onions was a big news item on State television, a warning to suspected hoarders and speculators who seek to benefit from harsher economic conditions during the pandemic. Read More

World Bank provides millions for air transport connectivity in four Caribbean countries

Saturday, May, 30 2020    

WASHINGTON, DC, United States (CMC) — The World Bank has approved US$159 million for a series of Caribbean Regional Air Transport Connectivity projects in four Caribbean Community (Caricom) countries. Read More

Financial sector to buckle under higher non-performing loans (NPL) because of COVID-19

BY DURRANT PATE Observer business writer | Friday, May, 29 2020    

EARLY projections indicate that the financial sector is expected to buckle under higher non-performing loans, as the haemorrhaging from COVID-19 is expected to escalate. Read More


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