Business

JMMB Group announces management changes

Sunday, April, 7 2019    

JMMB Group Limited on Thursday announced new heads of its capital markets, treasury, investments and risk departments. The changes took effect on April 1, 2019. Read More

Grange chairs UNESCO board meeting

Sunday, April, 7 2019    

The Minister of Culture, Gender, Entertainment and Sport, Olivia Grange, is chairing the Committee on Conventions and Recommendations at the 206th Session of the powerful UNESCO Executive Board meeting underway in Paris, France. Read More

FCJ to spend $550M on BPO space in Kingston and St Catherine this year

Sunday, April, 7 2019    

The Factories Corporation of Jamaica (FCJ) will this year start construction of 100,000 square feet of additional business process outsourcing (BPO) space in Kingston and St Catherine at a cost of $550 million. Read More

Calvin McDonald, high-ranking IMF deputy secretary, to address Jamaica Chamber of Commerce

BY KEITH COLLISTER | Sunday, April, 7 2019    

CALVIN McDonald the quiet but illustrious chief fiscal advisor to our Ministry of Finance speaks exclusively to the Jamaica Chamber of Commerce this week. Read More

The perverted inverted yield curve

BY EUGENE STANLEY | Sunday, April, 7 2019    

THE US yield curve has attracted a lot of attention in the past week as longer-term rates have fallen causing a perversion or inversion of the yield curve and eliciting concerns of a weakening outlook for growth and inflation. But what is an inverted yield curve, what caused it and what are the... Read More

Destination Experience grows Jampro partnership

BY JOSIMAR SCOTT Observer writer | Sunday, April, 7 2019    

The Destination Experience Visionaries' Summit co-founder and curator Kirk-Anthony Hamilton has welcomed the partnership of investment and export promotion agency Jamaica Promotions Corporation (Jampro) to host the three-day forum. Read More

Credit card debt ballooning out of control

Claudienne Edwards | Sunday, April, 7 2019    

Dear Claudienne  My credit card was classified as bad debt in April of 2018 and I was advised that I had three months to pay the amount owed. The majority of the sum owed is interest because I had stopped using the card for a year or more. Read More

World's first 5G phone released in South Korea

Sunday, April, 7 2019    

SEOUL, South Korea (AFP) — Telecom giant Samsung Electronics on Friday released the Galaxy S10 5G, the world's first available smartphone with built-in fifth-generation communications, as South Korea seeks to build a lead in the transformative technology. Read More

As new emperor arrives, Japan remembers bygone boom era

Sunday, April, 7 2019    

TOKYO, Japan (AFP) — “Money dripping off trees”: that was the sentiment in Tokyo the last time a new emperor took the throne, at the height of Japan's economic boom. But things have changed. Read More

American David Malpass named World Bank president

Sunday, April, 7 2019    

WASHINGTON, United States (AFP) —David Malpass, a senior US Treasury official in President Donald Trump's administration, was unanimously chosen Friday as the next president of the World Bank. Read More

Pulse breaks into African market via Nigeria

Friday, April, 5 2019    

Pulse Investments Ltd, the listed Jamaican company, is now a player in the African lifestyle market. With strong support from media, financial services companies and other partners, Pulse will work from a Lagos, Nigeria base to reach the populous and lucrative African... Read More

NCB Capital Markets takes Wigton IPO application process online

Friday, April, 5 2019    

When the Wigton Wind Farm Initial Public Offer (IPO) opens, investors looking to participate may now be able to do so through a new, digital platform courtesy of NCB Capital Markets (NCBCM) one of the selling agents of the new offer. Read More

Efforts to recover Petrojam shares start

BY BALFORD HENRY Senior staff reporter balfordh@jamaicaobserver.com | Friday, April, 5 2019    

Newly appointed permanent secretary in the Ministry of Science, Energy and Technology, Carol Palmer, says that the legislation to retake ownership of the 49 per cent shares in Petrojam held by Venezuela's PDVSA has been in effect since February. Read More

Launch of streaming app with Bahamian, Jamaican and Haitian content

BY JOSIMAR SCOTT Observer writer | Friday, April, 5 2019    

Zeno Media and BTC Bahamas yesterday announced the creation of The Bahamas' first mobile carrier supported audio streaming service which will broadcast, over the Internet, exclusive Bahamian, Haitian, and Jamaican radio content from around the... Read More

Greater effort needed for businesses to protect against cybercrime

Friday, April, 5 2019    

In the digital hurricane that is today's Internet, many local businesses may imagine themselves of such low consequence that they would not be the target of a cyberattack. However, at the upcoming “TechCon by tTech”, managed IT services providers tTech... Read More



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