Business

World Bank provides US$23-million loan to Suriname

Friday, July, 12 2019    

WASHINGTON, United States (CMC) — The World Bank Group (WBG) has approved a US$23-million loan to support good international practices for sector governance and promote sector diversification in Suriname. Read More

Cuban-Americans sue French bank over Castro-era nationalisation

Friday, July, 12 2019    

MIAMI, United States (AFP) — The Cuban-American heirs of a bank nationalised by Cuba's communist Government have filed suit against France's Societe generale (Soc Gen) for allegedly profiting from the confiscated property. Read More

Dominica wants compensation from EU over blacklisting

Friday, July, 12 2019    

ROSEAU, Dominica (CMC) — Prime Minister Roosevelt Skerrit says Europe should consider some form of compensation to Dominica after it agreed to remove the island from its blacklist of non-cooperative tax jurisdictions. Read More

Barita reports super profits for June quarter

BY DURRANT PATE Observer writer | Wednesday, July, 10 2019    

Barita Investment Limited is boasting about its latest financial performance in which net profits increased by a massive 670.7 per cent for the nine-month period ended June 30, 2019. Read More

New appointments for Zacca and James at Sagicor

Wednesday, July, 10 2019    

Christopher Zacca, president and CEO of Sagicor Group Jamaica, has now also been appointed chairman of Sagicor Investments Jamaica Limited (SIJL), following Peter Melhado's resignation from the SIJL board as a result of him being appointed chairman of the board of... Read More

New record for consumer confidence Business confidence remains high

Wednesday, July, 10 2019    

Consumer confidence in Jamaica hit an all-time high for the second quarter of 2019 with 183.4 points compared to the 177.5 points recorded in the first quarter, according to a survey undertaken by Market Research Services (MRS) on behalf of the Jamaica Chamber of Conference (JCC). Read More

Technology minister pledges to fast-track digital switchover

BY HORACE HINES Observer staff reporter | Wednesday, July, 10 2019    

MONTEGO BAY — Minister of Science, Energy and Technology, Fayval Williams is pledging to make the national digital switchover (DSO) a reality before 2021. Read More

Itopia opens as Kingston's second ganja dispensary

BY ALEXIS MONTEITH Observer writer | Wednesday, July, 10 2019    

Itopia Life Herb House, a new medical ganja dispensary, opens today in Kingston at 10A West Kings House Rd, opposite the Canadian High Commission. Read More

Ease in credit conditions in loans market

BY DURRANT PATE Observer writer | Wednesday, July, 10 2019    

There has been an easing in the overall credit conditions to the private sector during the March 2019 quarter. Read More

Bankers answer the call

BY KELLARAY MILES Business reporter milesk@jamaicaobserver.com | Wednesday, July, 10 2019    

With the JBA's current campaign 'Better Choices, Better Banking', the organisation has heralded its commitment to finding solutions, demystifying bank myths and revolutionising how banking is done in Jamaica. Read More

Tackling the issues of SMEs — A collaborative approach

BY KELLARAY MILES Business reporter milesk@jamaicaobserver.com | Wednesday, July, 10 2019    

AS SMEs (small and medium enterprise) have openly voiced their frustrations and displeasure of the treatment and support they have been receiving from key stakeholders especially within the banking sector last Wednesday at the PSOJs: 'Time for growth—unlocking the power of the SME'... Read More

Bluedot targets MSMEs with 'cost-effective' research platform

Wednesday, July, 10 2019    

MARKET research and data analytics agency, Bluedot, aims to target micro, small and medium-sized enterprises (MSMEs) with new “cost-effective” research platform, Bluedot Communa. Read More

Jamaica Customs bolsters stakeholder awareness — Meets with used-car dealers

Wednesday, July, 10 2019    

The Jamaica Customs Agency (JCA), in keeping with its thrust to enhance its service delivery and meet the needs of its various stakeholders, hosted a Stakeholders' Awareness Forum with the Used Car Dealers Association of Jamaica recently under the theme: “Let's... Read More

Expats want justice, too!

wih Gavin Goffe | Wednesday, July, 10 2019    

The Ministry of Tourism has done a wonderful job of attracting European and Latin American investment to our island. We have non-stop flights from Moscow to MoBay and should soon have likewise from Lima. Read More

Charge up the power of your connections

BY SHELLY-ANN MOHAMMED | Wednesday, July, 10 2019    

The rise of social media means we are more connected now than ever before. Read More



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