Jamaica tops Caribbean in Forbes Magazine global report on doing business

Saturday, December, 30 2017    

BRIDGETOWN, Barbados (CMC) – Jamaica is the highest ranked Caribbean Community country, while the French-speaking island of Haiti is ranked among the worst three countries in the world for doing business, according to the US-based Forbes Magazine... Read More

Barita predicts greater profitability for 2018

Friday, December, 29 2017    

Barita's Managing Director Ian McNaughton is predicting greater profitability for the investment company come 2018, despite a one-off impairment on the company's books for the financial year ending September 2017. Read More

Economy grows by less than 1%

Friday, December, 29 2017    

The Jamaican economy grew by 0.8 per cent when compared to the third quarter of 2016, according to the Statistical Institute of Jamaica (STATIN). Read More

Wayne Walker — Riding the cryptocurrency wave

BY HANNIFFA PATTERSON Business reporter | Friday, December, 29 2017    

Anyone who has been following the news in the last few weeks will most likely be familiar with the current bitcoin and cryptocurrency craze. Well, one Jamaican is positioning himself at the forefront of this new digital currency revolution through educating others. Meet Wayne Walker,... Read More

ECCB governor says hurricane reversed significant strides in 2017

Friday, December, 29 2017    

BASSETERRE, St Kitts (CMC) — Hurricanes Irma and Maria that swept through the Lesser Antilles in September “rudely interrupted and reversed” the significant stride that had been made by the Eastern Caribbean Currency Union (ECCU), the governor of the St Kitts-based... Read More

Dollar appreciation hits mining industry

Friday, December, 29 2017    

The recent appreciation of the Jamaican dollar has resulted in a decline of 1.5 per cent in the Producer Price Index (PPI) for the Mining and Quarrying industry for the month of November 2017, according to the latest data from Statistical Institute of Jamaica... Read More

GWest lists on JSE

Friday, December, 29 2017    

GWest Corporation Limited officially listed on the Jamaica Junior Stock Exchange Market last week as the first medical multi-purpose facility. Read More

Fixing Jamaica's labour productivity problem

BY DENNIS CHUNG | Friday, December, 29 2017    

In my last article, I indicated that in order for Jamaica to become more competitive (and to see higher sustainable GDP growth), we must fix our labour productivity problem. The logical explanation for this is that GDP growth is measured by value added by the domestic... Read More

2018 investment outlook… lower risk = lower returns

BY DENNISE WILLIAMS Contributor | Friday, December, 29 2017    

For investors the 2018 outlook could be extremely great or extremely average depending on the approach one decides to take. 2017 was a great year for people who decided to invest in the Jamaica Stock Exchange (JSE) through initial public offers (IPOs) and the market in... Read More

Guyana pleased Brazil shows interest in local oil and gas sector

Friday, December, 29 2017    

GEORGETOWN, Guyana (CMC) — Guyana says Brazil has responded positively to an invitation by President David Granger for the South American country to participate in the oil and gas sector here. Read More

Wisynco makes stock market history

BY JOSIMAR SCOTT Observer writer | Friday, December, 29 2017    

Wisynco Group Ltd made history yesterday as it listed on the Jamaica Stock Exchange (JSE) Main Market with $6.17 billion in equity, the single largest amount secured from investors in Jamaica through an initial public offering (IPO). Read More

Wisynco lists on JSE today

Thursday, December, 28 2017    

THE Wisynco Group Limited stock is scheduled to list on the Jamaica Stock Exchange's Main Market today.This follows the close of its initial public offer, which garnered nearly 8,000 applications representing over $18 billion, a release said yesterday. Read More

Lasco ceases distribution for some Unilever products

Wednesday, December, 27 2017    

LASCO Distributors Ltd has announced the discontinuation of its distribution arrangement for the Unilever cold storage and dry food portfolio effective today. Read More

'Butch' Stewart unveils ROYAL BARBADOS — the future of Sandals hotels

Wednesday, December, 27 2017    

Last week Tuesday, Gordon “Butch” Stewart unveiled his latest resort — the ultra-exquisite Sandals Royal Barbados in Bridgetown, a modern marvel of accommodation and comfort, reflecting the future of Sandals hotels. Jamaica Observer senior photographer Joseph Wellington... Read More

Coaching tips to make 2018 your best year

BY DENNISE WILLIAMS Contributor | Wednesday, December, 27 2017    

So we are in the final days of 2017, and many of us already have great plans laid out for the New Year and need no more guidance. For the rest of us, we are gearing up for a planning session at our church or place of worship. Or perhaps you are going to do your New Year planning up in... Read More


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