Business

Salada moves closer to $1B mark

Coffee maker Salada Foods is edging closer to its planned $1-billion mark in annual sales for its year ending September, even as export sales in the New York Tri State region continues to lag behind. Read More

Tracks and Records to set up 15 locations in the UK

Sunday, August, 13 2017    

Jamaican-based franchise company, FRANJAM, has inked a deal valuing roughly £750,000 with UK-based Casual Dining Restaurants Group (CDRG) to open 15 Tracks & Records restaurants across the UK over the next five years. Read More

Venezuela — the terrestrial paradise

With Yanique Leiba-Ebanks | Sunday, August, 13 2017    

When Christopher Columbus “discovered” Ven ezuela in 1498, he wrote to King Ferdinand and Queen Isabella that he was certain he had found a terrestrial paradise! This apparently was due to the beauty of the land, the abundance of fresh... Read More

More women are getting jobs

Sunday, August, 13 2017    

The continued increase in employment of women in the wholesale and retail, repair of motor vehicle and equipment sector will create a multiplier effect of more growth for the economy, State Minister in the Ministry of Finance and the Public Service Fayval Williams has noted. Read More

For electric cars to take off, they'll need a place to charge

Sunday, August, 13 2017    

DETROIT, United States (AP) — Around the world, support is growing for electric cars. Automakers are delivering more electric models with longer range and lower prices, such as the Chevrolet Bolt and the Tesla Model 3. China has set aggressive targets for electric vehicle sales to... Read More

JMA says 'country being held at ransom' amid KFT issues

Saturday, August, 12 2017    

The Jamaica Manufacturers' Association (JMA) is calling for opening hours at the Kingston Freeport Terminal (KFT) to be extended throughout the weekend, following an impasse with haulage contractors which resulted in a major backlog at the port. Read More

Relocation of rural buses in downtown Kingston suspended

Friday, August, 11 2017    

Rural transport operators are breathing a sigh of relief following the decision by Transport and Mining Minister Mike Henry to suspend the recent decision to relocate their downtown Kingston terminus. Read More

Brick Oven set to close its shutters

Friday, August, 11 2017    

The Brick Oven restaurant and bakery, well known for its range of premium patties, such as its triangular curry chicken patty, will close next Monday after some 29 years in business. Read More

First Global Bank expanding network Global Money Link

BY JOSIMAR SCOTT Observer writer | Friday, August, 11 2017    

†GraceKennedy's First Global Bank (FGB) is pushing to increase its banking network across the country, while revolutionising the banking space, with the introduction of First Global Money Link. Read More

Debt as a tool for building wealth

Friday, August, 11 2017    

Warren Buffet, the world's successful investor, has famously said that in pursuit of wealth we should always try to avoid borrowing. But for the average person, is this realistic? Read More

Glencore sees shiny future from electric vehicles

Friday, August, 11 2017    

ZURICH, Switzerland (AFP) — Mining and commodities giant Glencore said yesterday it had bounced back into profit in the first half of the year and the long-term outlook was good as the widespread adoption of electric vehicles would boost demand for raw... Read More

Haiti gives garment workers pay raise short of union demands

Friday, August, 11 2017    

PORT-AU-PRINCE, Haiti (AP) — Haiti has announced a slight minimum wage increase for garment workers that falls well short of their demands, prompting union calls for a strike. Read More



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