Business

Time magazine sold for US$190 million to couple

Monday, September, 17 2018    

WASHINGTON (AP) — Time magazine is being sold by Meredith Corp to Marc Benioff, a co-founder of Salesforce, and his wife. Read More

Young entrepreneur fires up sales with Miss Dutchie

BY KARENA BENNETT Business reporter bennettk@jamaicaobserver.com | Sunday, September, 16 2018    

After years of service in corporate Jamaica, Tiamoyo Lyn has found her passion in the manufacturing of hot and spicy sauces. Read More

Payments back on time for Jamaican pensioners overseas

BY BALFORD HENRY Senior staff reporter balfordh@jamaicaobserver.com | Sunday, September, 16 2018    

Minister of Labour and Social Security Shahine Robinson says the ministry's new system for making pension payments for Jamaicans overseas is now back to normal. Read More

17 years a house owner — but no title

Claudienne Edwards | Sunday, September, 16 2018    

I purchased an apartment in Kingston in 2001 and up to the time of writing to you 10 years later (March 18, 2011) I have not been able to get the title from the vendor.I now live in the US and please see the following letter that I sent to the vendor on March 15, 2011: Read More

Lessons from Argentina and Barbados

By Yanique Leiba-Ebanks | Sunday, September, 16 2018    

Does history repeat itself? Can we avoid the need to practise forgiveness in investing? We are probably familiar with forgiveness in a religious sense, but what place does it have in investing? Read More

Jampro to reopen New York office

Sunday, September, 16 2018    

The Jamaica Promotions Corporation (Jampro) will officially reopen its office in New York City on September 17 as part of its revamped marketing strategy to target the Tri-State area for investments and exports. Read More

DSE says early planning key to success of Reggae Sumfest

BY BALFORD HENRY Senior staff reporter balfordh@jamaicaobserver.com | Sunday, September, 16 2018    

Less than two months since staging another successful Reggae Sumfest music festival in Montego Bay, promoter Joe Bogdanovich and his crew at DownSound Entertainment (DSE) are already busy shaping plans for the next staging. Read More

Going straight: Taiwan ex-gangster turns noodle chef

Sunday, September, 16 2018    

TAIPEI, Taiwan (AFP) — For most of his life Yen Wei-shun was on the wrong side of the law, but the former Taiwan gangster says he is making up for lost time by churning out noodles for the needy. Read More

CIBC FirstCaribbean shutters Anguilla operation

Friday, September, 14 2018    

CIBC FirstCaribbean International Bank will close its Anguilla office on Thursday, 31 January 2019.The announcement, which came by way of a press release, follows on economic downturn in the Caribbean island resulting in operational losses for the business. Read More

Supreme Ventures Group goes mobile and online

BY BALFORD HENRY Senior staff reporter balfordh@jamaicaobserver.com | Friday, September, 14 2018    

Jamaica's gaming giant, Supreme Ventures Ltd, has announced that it will be swiftly moving into the mobile and online gaming arena. Read More

SSL Ventures signs equity agreement with three portfolio companies

BY KARENA BENNETT Business reporter bennettk@jamaicaobserver.com | Friday, September, 14 2018    

SSL Ventures Capital Jamaica Ltd (SSL Ventures) has acquired stakes in a diverse set of start-up businesses as it looks to turn around bottom-line results on what was previously known as a cash-strapped music company. Read More

Barbados looking to new suppliers following closure of oil refinery in Trinidad

Friday, September, 14 2018    

BRIDGETOWN, Barbados (CMC) – Barbados said Wednesday it is holding discussions with a number of suppliers with a view to employing a similar arrangement to that it had with the Trinidad and Tobago state-owned oil company, Petrotrin. Read More

Maduro looks to China to bolster Venezuela's collapsing economy

Friday, September, 14 2018    

BEIJING, China (AFP) — Venezuelan President Nicolas Maduro was expected to arrive in Beijing yesterday to strike deals with his crisis-hit country's biggest creditor. Read More

Jamaica ranked amongst 2018 start-up hot spots

BY KARENA BENNETT Business reporter bennettk@jamaicaobserver.com | Friday, September, 14 2018    

Jamaica moved up 0.57 per cent in its rating for starting a business to secure its place as the fifth best country in the world to open a business, according to the latest Global Banking and Finance Review. Read More

Greater transparency on exchange rates of authorised dealers and cambios

Friday, September, 14 2018    

The Bank of Jamaica announced yesterday that “in order to foster greater transparency in the operation of the foreign exchange market and improved access by the public to market information”, it will now be adding an additional table on the foreign exchange market to the daily report... Read More



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