Business

GraceKennedy aims to make a crust in US patty market

GraceKennedy is now manufacturing and distributing frozen patties to the United States as part of its latest thrust in securing a place in the global market. Chief Executive Officer Don Wehby told the Jamaica... Read More

US Congress to consider 2% tax on outgoing remittances
Jamaicans in the United States who send remittances to family back home may soon find themselves contributing to the construction of the Mexican border wall — a key commitment of US President Donald Trump's 2016 campaign.... Read More

Limestone research finds richest deposits in St Elizabeth, Portland and Trelawny
 Research on the limestone sector is currently being done with a view to improving the value gained from this mining sector, says Minister of Transport and Mining Mike Henry.Henry, in a...... Read More

Bauxite sector undertaxed — IMF
An estimated US$18 million ($ 2.3 billion) in revenues annually has been lost with the government's decision to put in place new taxation arrangements for bauxite, the International Monetary Fund (IMF) indicates.In its First...... Read More

Judgement in Lasco's US$311-M case against Pfizer by September

BY BALFORD HENRY Senior staff reporter balfordh@jamaicaobserver.com | Wednesday, April, 26 2017   

Lawyers for Lasco Distributors have maintained their position that it deserves US$311 million, with interest, from drug giant Pfizer for losses relating to an injunction against sale of its popular generic hypertension drug, Las Amlodipine, in 2005. Read More

Middle managers can help build better work environments — Reid

Wednesday, April, 26 2017   

Minister of Education Ruel Reid reckons that if Jamaica had more effective senior-level and middle managers looking out for the best interests of their workers, it would minimise the need for representation by trade unions. Read More

Expedia starts its welcome lounge concept in Jamaica

BY HORACE HINES Observer staff reporter hinesh@jamaicaobserver.com | Wednesday, April, 26 2017   

Local stakeholders in the tourism sector are lauding globally renown online tour operators Expedia Local Expert for opening their one-of-a-kind welcome lounge at the Sangster International Airport last week.According to Noel... Read More

Sales leadership that gets results

with Herman Alvaranga | Wednesday, April, 26 2017   

The most difficult job in the world?Leading a sales team may be among the toughest jobs that one can have. There are countless reasons for this, but for me, among the most important are:1. Sales... Read More

Three simple ways to master your investment account

with JANELLE CHAMBERS | Wednesday, April, 26 2017   

The wisdom of diversification is a concept recommended to investors. Therefore, a well-divested portfolio commonly houses stocks, bonds and exchange-traded funds, just to name a few. These items offer the allure of high returns and maximum gains, especially to... Read More

Venezuela Opposition defiant as protesters shot dead

Wednesday, April, 26 2017   

CARACAS, Venezuela (AFP) — Venezuela's opposition vowed no letup yesterday in its bid to remove leftist President Nicolas Maduro from power, even as more protesters were shot dead in an increasingly violent political crisis. Read More

Nasdaq ends above 6,000 for 1st time as US stocks rally again

Wednesday, April, 26 2017   

NEW YORK, United States (AFP) — The Nasdaq closed above 6,000 for the first time yesterday following a round of mostly strong corporate earnings and ahead of the White House's long-awaited tax cut announcement for today.The tech-rich... Read More

LinkedIn membership reaches half a billion

Wednesday, April, 26 2017   

WASHINGTON, United States (AFP) — The professional social network LinkedIn said Monday its membership had swelled to 500 million, as its user base showed steady growth following its acquisition last year by Microsoft.“We recently... Read More

Religion, free homes spur Mumbai's Bhendi Bazaar revamp

Wednesday, April, 26 2017   

MUMBAI, India (AFP) — Farida Kachwala is vacating her family's cramped home of 80 years, one of thousands receiving modern apartments through a project that hopes to transform Mumbai's historic Bhendi Bazaar from a dilapidated ghetto into a slick Singapore-like... Read More

Guinea city turns page on Ebola as World Book Capital

Wednesday, April, 26 2017   

CONAKRY, Guinea (AFP) — Piles of rubbish and broken-down cars are being removed from the rundown streets of Conakry, and disgruntled hawkers on the main avenues have been told to close their stalls and move on.“We've been working... Read More

Puma ups forecast after sales leap in first quarter

Wednesday, April, 26 2017   

FRANKFURT, Germany (AFP) — German sportswear maker Puma said Tuesday it set a new quarterly record for sales between January and one-billion-euro barrier and upping its forecasts for the year.Revenues at the Bavaria-based group grew by 18... Read More



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