Business

Cayman Islands on track to surpass 2017 stayover visitation

Friday, January, 4 2019    

GRAND CAYMAN, Cayman Islands (CMC) — The Cayman islands says it welcomed more than 410,000 stayover visitors to the island during the first 11 months of this year. Read More

Currency demand reaches 11-year high

Friday, January, 4 2019    

T he demand for Jamaican notes and coins reached an 11-year high in December 2018, blowing out the Bank of Jamaica's (BOJ) projection of an $18.1 billion increase in demand for the local currency during the festive season. Read More

Guyana Goldfields appoints former US Ambassador as senior VP

Friday, January, 4 2019    

GEORGETOWN, Guyana (CMC) – Former United States Ambassador to Guyana, Perry Holloway, has been appointed Senior Vice-President in charge of Strategy and Corporate Affairs with Guyana Goldfields – the largest gold producing company here. Read More

Entertainment tax goes into effect

Friday, January, 4 2019    

ST JOHN'S, Antigua (CMC) — The Government of Antigua and Barbuda has now implemented a tax on entertainment that was postponed last year. Read More

IMF praises Panama for impressive growth

Friday, January, 4 2019    

Despite slowing in 2018, Panama is expected to remain among the most dynamic economies in the region with strong fundamentals, according to latest data from the International Monetary Fund. Read More

Everything Fresh to acquire local meat company

BY KARENA BENNETT Business reporter bennettk@jamaicaobserver.com | Wednesday, January, 2 2019    

MONTHS after listing on the Junior Market of the Jamaica Stock Exchange (JSE), food importer and distributor Everything Fresh has signed an agreement to acquire a local meat processor. Read More

DBJ calls for private sector support of student entrepreneurs

BY JOSIMAR SCOTT Observer writer | Wednesday, January, 2 2019    

MANAGING director of the Development Bank of Jamaica Milverton Reynolds has made an appeal to the country's business community to support the annual National Business Model Competition (NBMC), an initiative of the bank that facilitates tertiary students developing their business acumen,... Read More

Clean energy leader Costa Rica turns attention to electric cars

Wednesday, January, 2 2019    

SAN JOSE, Costa Rica (AFP) — Costa Rica likes to advertise itself as an ecological paradise, where more than 98 per cent of its electricity needs are met by clean energy. Read More

Leadership starts with 'self'

by SEBASTION SALICRU | Wednesday, January, 2 2019    

At the heart of good leadership is the ability to manage oneself. Read More

Jamaica grows 1.8 per cent for July quarter

Wednesday, January, 2 2019    

Jamaica's economy grew by 1.8 per cent for the period July to September 2018 when compared to the similar quarter of 2017, according to latest data from the Statistical Institute of Jamaica (STATIN). Read More

China factory activity shrinks for the first time in 2 years

Wednesday, January, 2 2019    

BEIJING (AP) — China's factory activity shrank in December for the first time in more than two years, an official survey showed Monday, intensifying pressure on Beijing to reverse an economic slowdown as it enters trade talks with the Trump Administration. Read More

Reid says First Rock is first of its kind in Jamaica

BY BALFORD HENRY Senior staff reporter balfordh@jamaicaobserver.com | Wednesday, January, 2 2019    

President and co-founder of First Rock Capital Holdings (FRCH), Ryan Reid, says the company is the first of its kind in Jamaica. Read More

Hawaii avocado industry expects growth as exports begin

Wednesday, January, 2 2019    

KAILUA-KONA, United States (AP) — Shipments of Sharwil avocados from Hawaii and their resulting profits could expand exponentially in coming years, industry officials said. Read More

South Africa arrests Mozambique's ex-finance minister for extradition to US

Wednesday, January, 2 2019    

JOHANNESBURG, South Africa (AFP) — A former finance minister of Mozambique, who approved secret loans that plunged the country into a crisis, has been arrested in South Africa awaiting extradition to the United States, police said Monday. Read More

Brexit, tariffs, populism could buffet Europe in 2019

Wednesday, January, 2 2019    

FRANKFURT, Germany (AP) — 2019 is set to be a year of major change for Europe, with big decisions that will affect the continent's economy. Read More



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