Business

New Ministry of Foreign Affairs building nearing completion

Wednesday, September, 26 2018    

Construction of the new 11-storey Ministry of Foreign Affairs and Foreign Trade on Port Royal Street, downtown Kingston, is nearing completion. Read More

Junior Market Rules come to the rescue

Wednesday, September, 26 2018    

A reverse takeover is effectively the acquisition of a public company by a private company whereby the private company bypasses the lengthy and complex process of going public. Read More

IDB launches Blue Tech Challenge; up to US$2M in funding for blue economy proposals

Wednesday, September, 26 2018    

Grants of up to US$500,000 are being offered for companies with blue economy development projects. Read More

High regional participation slated for Canex 2018

BY HORACE HINES Observer staff reporter | Wednesday, September, 26 2018    

MONTEGO BAY, St James — Promoters of the annual Canex Jamaica Business Conference & Expo are excited about the participation of Caribbean stakeholders in this year's staging of the event, slated for Montego Bay Convention Centre from September 27 -... Read More

SIA named Caribbean's leading airport for 10th consecutive year at World Travel Awards

Wednesday, September, 26 2018    

Sangster International Airport (SIA), Jamaica's leading gateway to the world, was named the Caribbean's Leading Airport for the tenth year in a row at the World Travel Awards (WTA) hosted at Sandals Montego Bay on Saturday 22 September. Read More

Usain Bolt's Tracks & Records to the world

Wednesday, September, 26 2018    

As Usain Bolt's Tracks and Records restaurant prepares to launch in November, the chain is looking at breaking into the Japanese market ahead of the 2020 Olympics. Read More

Haitian anti-graft protesters demand probe into oil fund scandal

Wednesday, September, 26 2018    

PORT-AU-PRINCE, Haiti (AFP) — Hundreds of Haitians protested in the streets of the capital Port-au-Prince on Sunday, demanding an investigation into the alleged misuse of funds marked for a cheap oil programme run by Venezuela. Read More

EU palm oil ban sows bitter seeds for Southeast Asian farmers

Wednesday, September, 26 2018    

LANGKAT, Indonesia — Indonesian palm oil farmer Kawal Surbakti says his livelihood is under attack, but the threat is not from insects or hungry orangutans eating his prized crop. Read More

Instagram departures add to woes for Facebook

Wednesday, September, 26 2018    

WASHINGTON, United States (AFP) — The departure of Instagram c o- f ounders Kevin Systrom and Mike Krieger adds to the woes of parent firm Facebook, as it tries to repair its image hurt by privacy scandals and... Read More

US consumer confidence approaches all-time high

Wednesday, September, 26 2018    

WASHINGTON, United States (AFP) — Confidence among American consumers in September rose unexpectedly for the second month in a row, hovering near an 18-year high, according to a survey released yesterday. Read More

US, Mexico ready to sign new NAFTA without Canada — US official

Wednesday, September, 26 2018    

NEW YORK, United States (AFP) — The United States and Mexico could move ahead without Canada in a new version of the North American Free Trade Agreement, US Trade Representative Robert Lighthizer said Tuesday, according to media reports. Read More

Nike reports higher profits but growth slows in China

Wednesday, September, 26 2018    

NEW YORK, United States (AFP) — Nike reported solid gains in both quarterly profit and revenues yesterday but shares fell in after-hours trading on slowing growth in China. Read More

Argentina's central bank chief resigns

Wednesday, September, 26 2018    

BUENOS AIRES, Argentina (AFP) — The president of Argentina's central bank, Luis Caputo, abruptly resigned on yestersday after just three months in the position, amid a volatile economic crisis. Read More

Argentina to get more IMF funds, won't default — Macri

Wednesday, September, 26 2018    

NEW YORK, United States (AFP) — President Mauricio Macri said Monday that crisis-hit Argentina will receive additional funding from the International Monetary Fund, and vowed to avoid a default. Read More

Malaysia government to review Australia rare earths plant

Wednesday, September, 26 2018    

KUALA LUMPUR, Malaysia (AFP) — An ardent critic of an Australian rare earths plant in Malaysia said yesterday she will head a government review into the controversial site after her political alliance took power at landmark elections. Read More



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