Business

ILO calls for doubling of investment in care economy

Friday, June, 29 2018    

GENEVA, Switzerland — Investment in the care economy needs to be doubled to avert a looming global care crisis, says a new International Labour Organization (ILO) report. Read More

Everything Fresh signs distribution deal with Crafton Holdings

Thursday, June, 28 2018    

Newly listed company Everything Fresh Ltd last Friday announced that it has partnered with liquid eggs producer, Crafton Holdings for the distribution of its products in Jamaica. Read More

China lifts ban on import of British beef

Thursday, June, 28 2018    

London, United Kingdom (AFP) — China has lifted a ban on importing British beef lasting more than 20 years that was triggered by the “mad cow disease” outbreak, the UK Government said on Wednesday. Read More

US stocks rise as Trump retreats on tough new China rules

Thursday, June, 28 2018    

New York, United States (AFP) — Wall Street stocks advanced early Wednesday after the White House said it backed tougher oversight of foreign investment in sensitive areas but stopped short of imposing new rules specifically targeting China. Read More

Fewer Jamaicans want to emigrate

BY RICHARD BROWNE Business editor browner@jamaicaobserver.com | Wednesday, June, 27 2018    

Jamaica may be some way off its 2030 vision of becoming the place of choice to live, work, raise families, and do business — but the percentage of Jamaicans who want to emigrate has declined by more than 10 percentage ponts since 2014 — according to a new global survey... Read More

Jamaica moves towards becoming a digital economy

Wednesday, June, 27 2018    

KINGSTON, Jamaica (CMC) — The Andrew Holness-led Administration is taking steps to transform the Jamaican economy into a digital economy. Read More

JP plans larger bite of international tropical food market

BY KARENA BENNETT Business reporter bennettk@jamaicaobserver.com | Wednesday, June, 27 2018    

Jamaica Producers (JP) Group Limited, as part of its thrust to become a diversified international specialty food group, intends on capitalising not just on the increasing number of tourist arrivals to the Caribbean, but, through its subsidiary Hoogesteger, has developed a super juice in... Read More

Royal Caribbean invests $120M in ship to attract millennials

Wednesday, June, 27 2018    

MIAMI, United States (AP) — Royal Caribbean has invested US$120 million in a 15-year-old ship as part of a plan to attract younger travellers with shorter cruises. Read More

Mohammed for ACCA

Wednesday, June, 27 2018    

 The Association of Chartered Certified Accountants (ACCA) has appointed Shelly-Ann Mohammed as the new head of Caribbean. Read More

Nestlé invests US$12.5 million into new office, distribution complex

BY VERNON DAVIDSON Executive editor — publications davidsonv@jamaicaobserver.com | Wednesday, June, 27 2018    

Nestlé Jamaica has invested US$12.5 million in the construction of a new corporate office and distribution centre at Ferry Pen, St Catherine, which it will officially open on July 2. Read More

Investment advice from Sterling's Fireside Chat

BY DENNISE WILLIAMS Observer writer | Wednesday, June, 27 2018    

At a recently held Fireside Chat with the team at Sterling Investments featuring the Minister of Finance Nigel Clarke, several pertinent nuggets of investing advice came through for people ready to do more with their money. Read More

Special Economic Zones: Who wants to taste a piece of the pie?

BY JEZEEL MARTIN | Wednesday, June, 27 2018    

A part of Jamaica's Special Economic Zones (SEZ) vision is to grow Jamaica's global value chain footprint through the development of the SEZ which will in turn stimulate economic growth. Occupants of a SEZ play a very crucial role in achieving these objectives. Read More

UK lawmakers approve expanding London's Heathrow Airport

Wednesday, June, 27 2018    

LONDON, United Kingdom (AFP) — British MPs overwhelmingly approved on Monday long-awaited plans to build a third runway at London Heathrow, Europe's busiest airport, after decades of acrimonious debate over its potential impact. Read More

Bahamas to introduce digital currency

Wednesday, June, 27 2018    

NASSAU, Bahamas (CMC) – The Central Bank of The Bahamas has announced plans to introduce a pilot digital currency for the country. Read More

Palm oil 'decimating' wildlife, solutions elusive — report

Wednesday, June, 27 2018    

PARIS, France (AFP) -- Palm oil production has “decimated” animal and plant life in Malaysia and Indonesia and threatens pristine forests in central Africa and South America, a leading international conservation group warned Tuesday. Read More



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