Business

Sagicor refunds money taken in ATM fraud

Claudienne Edwards | Sunday, January, 20 2019    

Dear Claudienne, Read More

Jamaica's 'obscure' stock market steps into Bloomberg spotlight

BY ALEXIS MONTEITH Observer writer | Sunday, January, 20 2019    

The Jamaican Stock Exchange has caught the eye of the internationally renowned financial media company Bloomberg, which reported on Friday that it is the best-performing stock market in the world. Bloomberg explains that in addition... Read More

Zimbabwe blocks social media as crackdown intensifies

Sunday, January, 20 2019    

HARARE, Zimbabwe (AFP) — Zimbabwe on Friday blocked most social media as international criticism mounted of a ruthless security crackdown after anti-government protests. Read More

Minus US govt, Davos faces Brazilian populism and Brexit

Sunday, January, 20 2019    

LONDON, United Kingdom (AFP) — Organisers of this week's annual Davos conclave put on a brave face Friday after US President Donald Trump withdrew his entire delegation, insisting the forum still had plenty of political and corporate firepower in its debating... Read More

India's richest man to battle Amazon, Walmart in e-commerce

Sunday, January, 20 2019    

MUMBAI, India (AFP) — Asia's richest man Mukesh Ambani announced details of a new online shopping platform Friday that will see his oil-to-telecoms conglomerate take on Amazon and Walmart in India's burgeoning e-commerce market. Read More

Real estate price versus value

Rashema Gordon Morgan | Sunday, January, 20 2019    

THE legal term for the purchasing or selling of property is conveyancing. However, it is more intricate as it entails the act of preparing the relevant legal documents for the transfer of legal proprietorship of the property or land from one person to another. Read More

Business fined $250,000 for failure to provide documents to TAJ

Saturday, January, 19 2019    

TAX Administration Jamaica (TAJ), through its Intelligence, Investigation and Enforcement Unit, has prosecuted a wholesale and retail establishment in St Ann, under Section 17 of the amended Revenue Administration Act for failure to produce documents requested. Read More

$7.28 billion more allocated for roadworks

Saturday, January, 19 2019    

AN additional $7.28 billion has been allocated to the Major Infrastructure Development Programme (MIDP) in the second supplementary estimates for the 2018/19 fiscal year. Read More

Inflation drops to 2.4% for December

Friday, January, 18 2019    

Jamaica's Consumer Price Index (CPI) for the month of December 2018 fell by one per cent, triggering a drop in the country's annual point-to-point inflation rate to 2.4 per cent at the end of December 2018. Read More

GraceKennedy makes changes

Friday, January, 18 2019    

GRACEKENNEDY Group CEO Don Wehby has announced changes at the company's senior management level to take effect on April 1, 2019. The changes are part of an ongoing transformation process to streamline the company's structure in alignment with its 100th anniversary objectives. The centennial... Read More

US warns Cuba, considers

Friday, January, 18 2019    

WASHINGTON, United States (AFP) ญญ—US Secretary of State Mike Pompeo warned foreign businesses Wednesday to steer clear of formerly private properties seized by Cuba — and said he was considering allowing lawsuits over such properties in US courts. Read More

Brazil stock market keeps breaking records under Bolsonaro

Friday, January, 18 2019    

SAO PAULO, Brazil (AFP) — Brazil's stock market hit a new record yesterday, breaking through the 95,000-point level in a streak of gains racked up since President Jair Bolsonaro took office at the beginning of the year. Read More

US stocks boosted by report of possible lifting of China tariffs

Friday, January, 18 2019    

NEW YORK, United States (AFP) — Wall Street stocks climbed for a third straight session yesterday following a report the US could lift sanctions on China while leading bourses in Europe and Asia retreated. Read More

Extreme poverty rises again in Latin America

Friday, January, 18 2019    

SANTIAGO, Chile (AFP) — Extreme poverty in Latin America hit its highest level for nine years in 2017, according to a report by the UN's Economic Commission for Latin America and the Caribbean (ECLAC) published on Tuesday. Read More

It is time to get a credit rating — four compelling reasons

Friday, January, 18 2019    

As we work to advance regional economic growth and unlock new investment opportunities, it is time for Caribbean businesses to rethink their approach to the capital market. Read More



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