Business

David Smalling, a fast-rising star on Wall Street

SMALLING... at Harvard I managed to get pretty lucky with the advisors that I worked with.

“Considering the political climate, I think I should point out one thing that I think has been crucial to forming who I am, and I can relate this with my friends who went to Campion… In my year at Yale there were three of us ... Growing up the way I did I never really thought about race ... Read More

A view of Savannah-la-Mar, capital of Westmoreland. Change of thought over change of name process
Dear Claudienne: On Tuesday, November 1, 2016, I went to the Savanna-la-Mar branch of the Registrar ... Read More

Wisynco’s new warehouse (Photo: Joseph Wellington) Wisynco’s new warehouse nears completion
Less than a year after Wisynco Group Limited suffered over $2 billion in losses from a fire at its L ... Read More

MATTHEWS... I look forward to positively representing Jamaica Nadeen Matthews named Young Global Leader
Nadeen Matthews, Chief Digital and Marketing Officer for the NCB Group, joins the ranks of a noble ... Read More

UWI Mona making great strides with new PPPs

BY BALFORD HENRY Senior staff reporter balfordh@jamaicaobserver.com | Sunday, March 26, 2017    

MCDONALD...  future generations of UWI students will be able to benefit positively from the initiatives being undertaken

A number of public private partnerships (PPPs) aimed at making The University of the West Indies’ (UWI) Mona campus more self-dependent highlighted this year’s annual report of the campus council. According to principal, Professor Archibald McDonald, the campus has been partnering with Wartsila of Finland to operate a cogeneration plant which will enable the university to train its own engineers and eventually remove itself from the traditional Jamaica Public Service (JPS) company g ... Read More

Working towards NZEBs

Sunday, March 26, 2017    

(Left to right) Kelly Tomblin, CEO, Jamaica Public Service Company; Tara Dasgupta, Professor Emeritus Chemistry, University of the West Indies (UWI); Dr Andrew Wheatley, Minister of Energy, Science & Technology and Dr. David Smith, Coordinator, Institute for Sustainable development (ISD), UWI.

A workshop for drafting a national policy and plan for Net Zero Energy Building (NZEB) development and retrofitting existing buildings in Jamaica took place at the Pegasus Hotel in New Kingston on Thursday. The workshop was presented by the Lowe Greenhouse Gas Emissions: Promoting Energy Efficiency & Renewable Energy in Buildings in Jamaica Project of the ISD, initiated with the financial support of the Global Environment Facility (GEF) and the technical assistance of the United Nations En ... Read More

So what is your path to money?

With Dennise Williams | Sunday, March 26, 2017    

Money path.

As we get older, we tend to get stuck in our ways and how we think about the world and, of course, how we think about money. So when you think about how your money is feeling, it may very well feel the same as it has always felt to you. Now, if you are happy with your money situation — fantastic. However, if — like the rest of us — there is scope for improvement, the next question is, how do you discover what you really believe about money? Adrian Cahill has offered these ... Read More

Greasing the wheels

With Yanique Leiba-Ebanks | Sunday, March 26, 2017    

BEIJING, China — Saudi King Salman, (centre), and Chinese President Xi Jinping, (left), arrive for a signing ceremony at the Great Hall of the People in Beijing, China, Thursday, March 16. Salman’s visit visit to Beijing highlights growing ties underpinned by China’s thirst for Saudi oil and the kingdom’s status as a key link in Beijing’s bid to connect China to Europe through infrastructure development. (Photo: AP)

Any macroeconomic overview worth their salt will always have a section on oil. In fact no news coverage would be complete without mentioning the price of oil on the international market. However, we as Jamaicans tend to want the price to go in only one direction and that is down! Why is that? Well this is the point where people would be rolling their eyes, since the answer seems so obvious, low oil prices for us means theoretically a low electricity bill, low gas bill and low bus fares among ... Read More

Venezuela’s latest shortage: gasoline

Sunday, March 26, 2017    

CARACAS, Venezuela — Two men push a car into a gas station in Caracas on Thursday. (Photo: AFP)

CARACAS, Venezuela (AFP) — Battered by an economic crisis, Venezuelans are used to waiting in long lines for scarce goods, but many found themselves queuing Thursday for something the ailing oil giant was supposed to have in spades: gasoline. Drivers had to wait more than an hour to fill up at many gas stations in Caracas and several other cities after supplies were mysteriously disrupted. AFP correspondents saw some drivers pushing their vehicles to the pump after running out of fuel wh ... Read More

Another reason to flip the off switch: light pollution

Sunday, March 26, 2017    

A light pollution map shows North America and western Europe to have the most light pollution.

PARIS, France (AFP) — For the 11th year running, cities worldwide turned their lights off yesterday to mark Earth Hour in a global call to action on climate change. But the moment of darkness also served as a reminder, activists say, of another problem that gets far less attention: light pollution. More than 80 per cent of humanity lives under skies saturated with artificial light, scientists recently calculated. In the United States and western Europe, that figure goes up to 99 per cen ... Read More

Caribbean leaders to discuss region’s economic situation at Miami confab

Saturday, March 25, 2017    

Michael Lee Chin, chairman of Jamaica’s Economic Growth Council, will be among participants

MIAMI, USA (CMC) – Two Caribbean Community (Caribbean) leaders are expected to participate in a World Bank conference examining the socio-economic situation in the Caribbean. The March 30 conference, titled “The Caribbean Dilemma” is part of the Americas Conference Series being put on in collaboration with the Miami Herald. Prime Minister Dr Keith Mitchell of Grenada and St Lucia’s Prime Minister Allen Chastanet are the two heads of Government who have already confirmed ... Read More

Banking groups can buy up to 50 per cent of shares in each other ­— BOJ

BY AVIA COLLINDER Business reporter collindera@jamaicaobserver.com | Friday, March 24, 2017    

JMMB in New Kingston

Maurene Simms, Deputy Governor, Financial Institutions Supervisory Division at the Bank of Jamaica (BOJ), indicated this week that significant holdings by a group which holds deposit-taking licences in another is permissible within limits. Once a deposit-taking institution (DTI) observes its mandatory and prudential operating parameters, it is not restricted in its investment activities, she told the Jamaica Observer. Locally, there are 11 supervised deposit-taking institutions consist ... Read More

Naturally Almond milk to be produced by Mussons

BY KARENA BENNETT Business reporter bennettk@jamaicaobserver.com | Friday, March 24, 2017    

Business Development Manager of Naturally Almond Jorge Figueras (left) displays
the locally made product with Managing Director of T Geddes Grant Michael Subratie
and President of the Jamaica Chamber of Commerce Larry Watson. (Bryan Cummings)

US–based manufacturing company JEC Aseptics has inked a deal with the Musson Group of Companies for the manufacture and distribution of almond milk locally. The milk, branded Naturally Almond, had its first production run completed at the Serge Island facilities in St Thomas last November and was introduced into the local retail trade in January by T Geddes Grant. Both Serge Island and T Geddes Grant are owned by the Musson Group. Plans are that JEC Aseptics will manufacture almond mi ... Read More

When second place feels just like first

BY DESMOND ALLEN Exective editor allend@jamaicaobserver.com | Friday, March 24, 2017    

A Sandals advertisement on the side of a London bus travelling through Piccadilly Circus.

It might be a squeeze to get it in but, perhaps for the first time, Gordon ‘Butch’ Stewart’s trophy room, already bursting at the seams, will accommodate a second place win in Britain’s ultra prestigious The Travel Marketing Awards TTMAs) presented last week in London. To take the runner-up spot in the category – Best Integrated Campaign of the Year (over £1m spend) – Stewart’s Sandals Resorts International (SRI) had to beat out megabrands ... Read More



ADVERTISEMENT
ADVERTISEMENT

Poll

Do you support the Gov’t giving US$200,000 towards staging the Racers Grand Prix 2017? 
Yes
No


View Results »


ADVERTISEMENT

Today's Cartoon

Click image to view full size editorial cartoon
ADVERTISEMENT