Business

All set for A Jamaican Made Christmas

All is now set for National Baking Company's Jamaican Made Christmas, scheduled for November 26 and 27 at the Jamaica Pegasus hotel in New Kingston. Read More

Tutti Frutti making its mark in Portmore
In June of this year, Portmore welcomed one of Kingston's most popular yogurt franchises, Tutti Frutti. Its prime location in the newly developed Sovereign Village has been attracting lots of hungry patrons who stop in for a bite after doing their...... Read More

Revaluation hurts Blue Power results
Revaluation of the local currency has cost soap manufacturer Blue Power $5.37 million for the half-year ended October 31 and also contributed to a dip in profit for the company. ... Read More

Tackling crime at the IMF's Caribbean forum
A week ago on Thursday, IMF Managing Director Christine Lagarde “made it Jamaica again” for her second visit as Managing Director, to attend the IMF's sixth High Level Caribbean forum, organised as a partnership with the Government of Jamaica, and entitled 'Unleashing Growth...... Read More

BOJ reduces interest rates

Friday, November, 24 2017    

Effective yesterday, the Bank of Jamaica (BOJ) has further reduced the interest rate offered on overnight placements with the bank by 0.25 per cent per annum. Read More

Technology will bring greater job losses to JPS

Friday, November, 24 2017    

President and CEO of the Jamaica Public Service (JPS) Emanuel DaRosa, in confirming that the company's thrust into automation will result in job losses, said developing its technology is necessary for the company to remain relevant. Read More

Sharon Donaldson: driving General Accident to new heights

BY MOSES JACKSON | Thursday, November, 23 2017    

Today the Jamaica Observer publishes the ninth of 12 stories on the nominees for this year's Business Leader Award being held under the theme “Business Leader: Executive Steward”. The nominees are among the top CEOs in Jamaica. Read More

JPS to pump US$21m in energy storage facility

BY KARENA BENNETT Business reporter bennettk@jamaicaobserver.com | Wednesday, November, 22 2017    

The Jamaica Public Service Company (JPS) has committed US$21 million ($J2.6 billion) to the development of a 24.5-megawatt facility to store energy as a safeguard against power outages. Read More

FosRich launches IPO to raise $200m

Wednesday, November, 22 2017    

FosRich Company Ltd, a local distributor of lighting, electrical and solar energy products, has released their prospectus for their impending IPO, set to be open for subscription on December 4 and which officially closes on December 11. Read More

Mineral school in the works — Henry

BY KARENA BENNETT Business reporter bennettk@jamaicaobserver.com | Wednesday, November, 22 2017    

Minister of Transport and Mining, Mike Henry yesterday disclosed plans for the development of a mineral school similar to a model developed by the Caribbean Maritime University. Read More

Dolphin Cove profits from Hurricane Irma

Wednesday, November, 22 2017    

Dolphin Cove Limited has credited an increase in revenue of US$447,000 or 11 per cent for the three months ending September 2017 to the diversion of cruise ships from other destinations as a result of Hurricane Irma. Read More

How the IMF can help Jamaica unleash growth (Part 2)

BY KEITH COLLISTER | Wednesday, November, 22 2017    

Former Minister Ronald Thwaites, in a Monday article in another newspaper, used the line, picked up in the article's headline “Now that the boss has spoken”, discuss the IMF's ongoing call for public sector reform. Read More

How loyal are you to your customers?

with Herman Alvaranga | Wednesday, November, 22 2017    

Customers want loyalty, not perfectionWith frustration verging on despair, marketing and brand managers worldwide bemoan the erosion of customer loyalty. In reality, the declared demise of brand loyalty is completely misunderstood. Read More

Elite Diagnostic to go public

Wednesday, November, 22 2017    

Elite Diagnostic, a medical diagnostic imaging company, has plans to go public, after four years in the health industry, and become the first and only medical services company to launch an IPO and enlist on the junior stock market. Read More

Think yourself out of debt

BY DENNISE WILLIAMS Contributor | Wednesday, November, 22 2017    

For every dollar the average Jamaican earns, more than half goes to debt, according to a report by the Bank of Jamaica in 2016. Read More



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