Business

6 ways employees and employers can win big with social media

Employers have begun to use channels such as Twitter to market their businesses and in most
cases are struggling to grow this community and inspire engagement from the members.

We have all heard the statement, "Every employee is a salesperson." This has become more of a cliché than an actual fact. Employers have always tried to encourage employees to be their perpetual salespersons through word-of-mouth marketing. This means that they want employees to verbally spr ... Read More

The country has just been able to export US$1.2 million to
US$1.6 million worth of mangoes annually over the past
decade. Jamaican mangoes get nod for US$500-m American market
JAMAICA will be able to export mangoes to the US come January. The conditional approval, which was ... Read More

As interest rates rise and fall, equip yourself with flexible instruments
AS investors anticipate a rise in interest rates, the first half of the year has seen a tremendous r ... Read More

US$50m for SMEs PHOTO: US$50m for SMEs
Scotiabank's Pamela Douglas (second right), director professional partnerships, small business unit, ... Read More

How to remove your siblings' names from your parents' property title deed

With Claudienne Edwards | Sunday, September 28, 2014    

Birth certificate

Dear Claudienne We live in England but our parents own a property in Spanish Town, in Jamaica. Our two older siblings (brother and sister) have tricked our parents into putting their names on the title deeds of their property in Jamaica amongst other fraudulent matters. Please note that the United Kingdom-based offences are being investigated by the UK police at present in terms of fraud and abuse of position. However, the UK police have no jurisdiction in Jamaica. Could you kindly provide us ... Read More

Why rate hikes are good news for stocks

Sunday, September 28, 2014    

A specialist is reflected in a screen at
his post that shows five years of the
Dow Jones industrial average, on the
floor of the New York Stock Exchange.
History shows higher interest rates
don’t always upend stocks.

NEW YORK, USA — It's no surprise that the prospect of a Federal Reserve rate hike worries stock investors. The Fed's unprecedented economic stimulus has in large part driven a surge in stock prices since 2009. The central bank has bought trillions of dollars of bonds and kept short-term interest rates close to zero. That's allowed businesses and consumers to refinance their debt at lower rates, freeing up cash to spend. But if history is a guide, investors have nothing to fear. In the n ... Read More

Apple's response to iPhone glitches is key

Sunday, September 28, 2014    

Apple CEO Tim Cook speaks
about iOS 8 at the Apple
Worldwide Developers
Conference in San Francisco.
(PHOTO: AP)

CALIFORNIA, USA — Apple's response to a high-profile gaffe involving its iPhone software may be more important than the glitch itself. As the giant tech company scrambled to fix a software glitch that left some of its new iPhones unable to make calls, some analysts said Thursday that Apple is doing the right thing by quickly acknowledging and apologizing for the problem -- which it was slower to do with earlier iPhone problems. Apple released a new update late Thursday that the company s ... Read More

Jamaica ranked 2nd most attractive for medical tourism

Friday, September 26, 2014    

Medical tourism industry grades countries on destination attractiveness and medical tourism
costs; facility and services are graded on quality care, reputation, internationalisation and
accreditation and patients’ experience.

JAMAICA ranked second in the category of attractiveness in the 2014 Medical Tourism Index (MTI) released this week. However, the island's overall rank in the study stood at 14th or midway among 30 nations led by Canada. The findings, while not exhaustive, places the island among some of the top nations that woo overseas patients. "The most attractive countries in terms of 'destination attractiveness Index' are Costa Rica, Jamaica, Italy, Brazil and France," stated the sub-index findings of th ... Read More

JP deepens investment in port ahead of doubling of wharf capacity

Friday, September 26, 2014    

MICHAEL Lee-Chin made more than double his investment in Kingston Wharves Limited (KWL). Having paid $610 million (US$10 million) for a chunk of the cargo handler a decade ago, Lee Chin, through his majority-owned National Commercial Bank (NCB), offloaded the shares for $3 billion (equivalent to US$26 million) on Wednesday. NCB indicated that it reviewed its investment holdings and concluded the KWL fell outside its core strategic priorities at this time. For Jamaica Producers (JP), which is ... Read More

Paymaster now point of sale for credit union's mobile wallet

Friday, September 26, 2014    

Kavin Hewitt (left), CEO, Mozido Jamaica; Ambassador Audrey Marks (second left), CEO and
founder, Paymaster Limited; Heston Hutton (second right), managing director, Centralized
Strategic Services Limited and Glenworth Francis, Group CEO, JCCUL, review the Connec app.

PAYMASTER is now the official point of sale for the Jamaica Co-operative Credit Union League (JCCUL) mobile wallet solution. JCCUL has also announced a re-branding of its mobile wallet, formally referred to as Jamaica Credit Union e-Payment Services (JCUES), at a press conference held at the CRU bar in Kingston on Wednesday. The relaunched solution is now called 'Conec Mobile Wallet', and is being hailed as a quick, easy and secure way to manage your money using a mobile phone. The moves come ... Read More

A company profile: CPJ's mission accomplished

Friday, September 26, 2014    

CPJ was founded by Western
Jamaica businessmen Mark Hart
(left) and Thomas Tyler in 1994

WHEN Caribbean Producers of Jamaica (CPJ) decided to offer to the general public 142 million shares in its company in 2011, the offer was opened at 9:00 am on July 8, 2011, and closed at 9:01 am on the same day -- literally in a minute. The offer was scheduled to be closed on July 15, 2011, a week after the offer's opening, but the bids placed by the investing public vastly outweighed the amount that CPJ had requested and, therefore, carrying the offer for a week would have been no more than an ... Read More

Chamber pushes for IMF deal for Barbados

Friday, September 26, 2014    

The IMF headquarters in Washington DC

BRIDGETOWN, Barbados — THE Barbados Chamber of Industry and Commerce (BCCI) Wednesday said it had urged the Freundel Stuart government to consider entering into a standby agreement with the International Monetary Fund (IMF) as the island grapples to turn around an ailing economy. BCCI president Tracey Shuffle, addressing a business breakfast meeting here, said that the private sector had suggested that once a reasonable portion of the present fiscal deficit had been reduced, "the governme ... Read More

PriceSmart to open 5th store in Panama

Friday, September 26, 2014    

PriceSmart

MEMBERS club store chain, PriceSmart, has bought a five-acre plot of land, a few miles west of Panama City, where it plans to build its fifth location in the Central American country. The new location is currently planned to open in the summer of 2015. The bulk of PriceSmart's revenue and profit comes from Latin America, where the membership shopping chain has 20 of its 33 stores in operation. It saw its revenue from its operations in Central and South America climb from US$1.15 billion durin ... Read More

New Cuban colognes honour Che, Chavez

Friday, September 26, 2014    

A man shows two bottles of cologne, one called “Ernesto,” honors guerrilla
leader Ernesto “Che” Guevara, and “Hugo,” for the late Venezuelan president
Hugo Chavez, in Havana, Cuba. (PHOTO: AP)

HAVANA, Cuba — CALL it "Eau de Revolution." Cuba's biggest producer of natural products has come up with a pair of colognes for the discerning supporter of international socialism who wants something more than just the iconic "Che" T-shirt. A woodsy and refreshing citric scent with notes of talcum powder called "Ernesto" honors guerrilla leader Ernesto "Che" Guevara. For those seeking something softer and fruitier, there's a blend with hints of mango and papaya called "Hugo," for the late ... Read More



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