Business

Jamaica tops Caribbean in Forbes Magazine global report on doing business

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
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%
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

Wisynco makes stock market history
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

Is your CEO ready for relationship marketing?

Herman Alvaranga | Wednesday, December, 27 2017    

 THE ORIGINAL MARKETING MIXIn the 1950s when the science of marketing as we now know it was still at an early stage of development, frameworks were formulated to manipulate and exploit market demand. Read More

Photo: Greetings

Wednesday, December, 27 2017    

Carmen Brown-Morrow of Furniture Land greets Andre Harvey, Premium Bank Manager Scotiabank, while Youlanda Nunez of the Resort looks on. The event was a Customer appreciation party for the Morningside Retirement Resort in Meadowbrook, Kingston.  Read More

Ciboney makes US$2 million sale

BY KARENA BENNETT Business reporter bennettk@jamaicaobserver.com | Wednesday, December, 27 2017    

After two years sitting on the market, Finsac will finally recoup interest owed by Ciboney Group Limited following the sale of Culloden, Westmoreland, the single primary asset of the Group. Read More

Photo: Thank you!

Wednesday, December, 27 2017    

Peter Donkerloot, general manager of Carib Cement (right) thanks Anthony Lindo of Hardware & Lumber Limited (second left), at a customer appreciation luncheon at the Spanish Court Hotel recently. Looking on are (left) Patrick Chambers Chief category Manager Harware & Lumber Limited, and... Read More

Oil prices close at 2-1/2 year peak

Wednesday, December, 27 2017    

NEW YORK, United States (AFP) — Oil prices in New York jumped to a two-and-a-half-year high yesterday and briefly topped US$60 a barrel due to a Libyan pipeline explosion and frigid weather in the US. Read More

India to become fifth largest economy in 2018

Wednesday, December, 27 2017    

NEW DELHI, India (AFP) — India is set to overtake the United Kingdom and France to become the world's fifth largest economy next year, a report said yesterday. Read More

Nigeria petrol shortage bites at Christmas

Wednesday, December, 27 2017    

LAGOS, Nigeria (AFP) — Long queues formed at petrol stations across Nigeria on Boxing Day, with motorists sometimes waiting up to 24 hours to fill up their tanks, as Africa's number one oil producer faces a crippling fuel shortage. Read More



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