Business

Historic day for Gore Developments

Construction company Gore Developments Limited has invested $200 million in a Parker impact crusher machine to handle very dense limestone on its new quarry in Hellshire, St Catherine. Read More

Attorneys offer help to protect intellectual property rights
Some vanguards of intellectual property rights in Jamaica have pledged to provide assistance to artistes who have been subjected to copyright infringement.... Read More

Brazil close to paralysis as truckers press on with strike
BRASÍLIA, Brazil (AFP) — Brazil appeared on the verge of a standstill on the fourth day of a nationwide truckers' strike yesterday as road blockades caused severe shortages of fuel and food, despite a move by the State-owned oil company to defuse the...... Read More

Jury awards US$25 m in Johnson & Johnson baby powder lawsuit
LOS ANGELES, United States (AP) — A Southern California jury has ordered Johnson & Johnson to pay more than US$25 million to a woman who claimed in a lawsuit that she developed cancer by using the company's talc-based baby powder.... Read More

Slight decline in cruise, airport passengers for April

Friday, May, 25 2018    

Despite announcements that Jamaica welcomed more than 50,000 tourists in the first week of April for carnival celebrations, the Planning Institute of Jamaica (PIOJ) has reported declines in airport and cruise passenger arrivals, as at the end of April, by 0.5 per cent and 1.8 per cent... Read More

Helping small businesses get organised

BY DENNISE WILLIAMS Contributor | Friday, May, 25 2018    

The growth of the entrepreneurship sector in Jamaica has created a demand for services that Malene Carr-Mullings is now meeting through her company Malaynia Project Consultancy. Read More

Cancellation of Korea summit sends stocks on bumpy ride

Friday, May, 25 2018    

NEW YORK, United States (AP) — US stocks finished mostly lower yesterday as energy companies skidded along with oil prices. The market dropped after President Donald Trump said he cancelled a meeting with North Korean leader Kim Jong Un, but recovered most of those... Read More

Shortage of cutters, haulage equipment sets sugar industry back 21%

Friday, May, 25 2018    

Shortage of cane cutters, haulage equipment as well as illicit cane fires were some of the reasons given for a 21 per cent decline in Jamaica's sugar output for the first three months of the year. Read More

Jamaica's optimal development path (Part 2)

DENNIS CHUNG | Friday, May, 25 2018    

After achieving the first step outlined last week — of identifying and implementing initiatives to reduce the major risks to economic growth — the next step for us should be to determine which are the low-hanging fruits we should exploit for development and provide employment and... Read More

Taking on the system

Friday, May, 25 2018    

HARTFORD, United States (AP) — Denia Perez's parents brought her from Mexico to the United States illegally when she was 11. Last month she became among the first of the so-called “Dreamers” to earn a law degree. And now, she and others are using their lawyerly know-how... Read More

Remittances a big business in cash-starved Venezuela

Friday, May, 25 2018    

BOGOTA, Colombia (AP) — The giant metal pots in the kitchen of a drab Bogota cafeteria are filled with simple dishes like vegetable rice. But Edgary Granadillo's delicate arrangement of the plates he sets before rushed lunchtime office workers hints at the finer dishes he once... Read More

Usain Bolt's Tracks & Records to add life to Hip Strip — MoBay businessmen

BY HORACE HINES Observer West reporter | Thursday, May, 24 2018    

MONTEGO BAY, St James — Anticipation is high among business interests that the newly opened Usain Bolt's Tracks & Records (UBT&R) location in Montego Bay will add life to the entertainment scene along Gloucester Avenue, popularly known as the 'Hip... Read More

Economy grows by an estimated 1.2%

BY KARENA BENNETT Business reporter bennettk@jamaicaobserver.com | Wednesday, May, 23 2018    

The Jamaican economy grew by an estimated 1.2 per cent for the January to March 2018 quarter compared to the corresponding quarter of 2017, according to latest data from the Planning Institute of Jamaica (PIOJ). Read More

Vaz hopeful of real economic growth by 2018/19 and less unemployment

BY BALFORD HENRY Senior staff reporter balfordh@jamaicaobserver.com | Wednesday, May, 23 2018    

Minister without portfolio in the Ministry of Economic Growth and Job Creation Daryl Vaz, says that despite setbacks in the economy last year, which could result in growth of less than one percent for 2017/18, he is optimistic about real growth beginning in 2018/19. Read More

Patricia Yap: From corner shop cashier to skincare giant

BY DENNISE WILLIAMS Observer writer | Wednesday, May, 23 2018    

Speaking at the Jamaica Observer Table Talk Food Awards Foodie Seminar, Dr Patricia Yap shared with the audience her approach to business that is a formula for anyone looking to scale up, no matter where you start. Read More



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