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

Case up and Barclay out at First Global

BY KARENA BENNETT Business reporter bennettk@jamaicaobserver.com | Wednesday, March 22, 2017    

Nichole Case

GraceKennedy Group has created three job positions as part of a restructuring exercise of First Global Bank (FGB). In a report to shareholders, GraceKennedy noted that FGB appointed employees for the post of senior vice-president of technology, assistant vice-president of strategy and project management office, and vice-president of digital marketing and communications. Nichole Case has been appointed to act in the role of senior vice-president of technology. GraceKennedy Group began the rest ... Read More

Yes, you can you measure marketing communications results!

Herman Alvaranga | Wednesday, March 22, 2017    

How do your marketing communications measure up?

Many Jamaican companies spend countless millions of dollars on marketing communications every year. Hey! Can you guess how much the title sponsor will spend on the ISSA Boys and Girls Championship Sports in Jamaica this year? More than most of us will earn in a lifetime! But when you ask marketing or communications managers what they will get in return for their money, very few, if any, can tell you. Well, here is our position on that matter. If your marketer tells you that he can’t q ... Read More

The DOs and DON’Ts of investing in the financial markets

with Joseph Quallo | Wednesday, March 22, 2017    

NEW YORK, United States — A trader works on the floor before the closing bell of the Dow Jones at the New York Stock Exchange yesterday. Wall Street stocks fell sharply amid increasing doubts about the prospects for President Donald Trump’s agenda, especially ahead of a key congressional vote on health care in two days. (Photo: AFP)

There are no guarantees when it comes to investing, as nothing is set in stone. However, with a disciplined mindset, the gains that one can realise from investing in the financial markets can be quite substantial. Below are a few dos and don’ts which should be considered when investing in the financial markets: DO “START EARLY”, DON’T “DO NOTHING” Compounding is crucial, as it allows for the accumulation of wealth. Compounding refers to reinvesting any rea ... Read More

Improving trade facilitating while promoting compliance

Wednesday, March 22, 2017    

Chief Information Officer of the Jamaica Customs Agency (JCA) Andre Williams (left) and Acting Operations Manager Owen Gayle observe data on a laptop in the JCA’s server room. The JCA is implementing the Automated System for Customs Data (ASYCUDA), a web-based system designed to transform the agency to a paperless operation through the use of electronic documents. (Photo: JIS)

As the second largest contributor to the national budget, the Jamaica Customs Agency (JCA) recognises the crucial role it plays in propelling the nation’s development, as the entity continues to facilitate trade, protect the country’s revenue and borders, while promoting compliance. So, what are some of the strategic changes that have been made, which have served to assist the JCA to improve its operational efficiency for the benefit of all stakeholders? E-SYSTEM IMPLEMENTED The i ... Read More

The regulation of banking fees and customer service

with SIMONE BOWIE JONES | Wednesday, March 22, 2017    

JN Bank on Constant Spring Road in Half Way Tree, St Andrew (Observer File)

It was reported in a February 2, 2017 article that 90 per cent of the 974 respondents to a Jamaica Observer poll agreed with the proposal for the government to regulate banking fees. This poll was initiated in response to the tabling of a draft Bill before the House of Representatives by Opposition MP, Fitz Jackson, to amend the 2014 Banking Services Act (“the Act”). The stated purpose of the bill (“the Bill”) is to increase customer protection via the regulation of fe ... Read More

Rags, not riches, defining Africa’s urban explosion

Wednesday, March 22, 2017    

BAMAKO, Mali — Garbage scavengers look for reusable or recyclable material at a dump in Bamako on March 7. (Photo AFP)

BAMAKO, Mali (AFP) — Anarchic architecture, unchecked pollution, and high costs of living are the lot of African city dwellers, experts warn, as living standards fail to keep pace with rapid urban growth on the continent. The Bamako Forum, a pan-African think tank, recently considered the phenomenon of African urbanisation against the backdrop of a city living the results of rural flight clashing with poor urban planning. At 1.8 million inhabitants, Bamako is far from Africa’s larg ... Read More

Brazilian meat health inspector: ‘I’m a carnivore’

Wednesday, March 22, 2017    

BRASILIA, Brazil — China's Ambassador to Brazil, Li Jinzhang, (left), sits next to Brazil's President Michel Temer during a steak dinner at a traditional Brazilian barbecue restaurant after a meeting on the rotten meat scandal in Brasilia, Brazil, on Sunday, Temer met with dozens of ambassadors from countries that import Brazilian meat, seeking to minimize damage from a corruption probe that alleges meatpackers bribed inspectors to keep rotten meat on the market.  (Photo: AFP)

RIO DE JANEIRO, Brazil (AFP) — In the midst of a rotten meat scandal threatening one of Brazil’s biggest industries, the three government scientists showed little concern at a pile of minced beef on a lab tray. “That looks pretty good,” said Roberta Ribeiro, coordinator at Rio de Janeiro’s Municipal Public Health Laboratory, as she peered at the reddish mound of meat. Ribeiro said inspectors have opened a blitz on meat vendors across Rio in response to allegations ... Read More

Rio to pay late salaries with impounded corruption money

Wednesday, March 22, 2017    

RIO DE JANEIRO, Brazil (AFP) — Rio de Janeiro hasn’t been able to pay public employees properly for months, but help arrived yesterday in the form of a windfall from impounded corruption money. The state is all but bankrupt, relying on federal bailouts to keep running. However at a ceremony attended by Prosecutor General Rodrigo Janot, some US$83 million became available to pay the 2016 end-of-year bonus for some 146,000 retired public servants. The money comes courtesy of funds ... Read More

Bill Gates again world’s richest man; Trump slips

Wednesday, March 22, 2017    

INDIAN WELLS, United States — Bill Gates watches Roger Federer of Switzerland as he plays against Stanislas Wawrinka of Switzerland in the men’s final during day fourteen of the BNP Paribas Open at Indian Wells Tennis Garden on Monday in Indian Wells, California. (Photo: AFP)

NEW YORK, United States (AFP) — Microsoft Co-founder Bill Gates once again topped the Forbes magazine list of the world’s richest billionaires, while US President Donald Trump slipped more than 200 spots, the magazine said Monday. Gates, whose wealth is estimated at US$86 billion, led the list for the fourth-straight year. He was followed by Berkshire Hathaway chief Warren Buffett among the top 10 billionaires, a group heavily dominated by Americans, many of whom work in the techno ... Read More

David Rockefeller, last grandchild of John D Rockefeller, is dead

Wednesday, March 22, 2017    

NEW YORK, United States — In this file photo taken on September 18, 1998, South African President Nelson Mandela (right) shakes hands with David Rockefeller (left) after a press conference in Rockefeller Center in New York. (Photo: AFP)

NEW YORK, United States (AFP) — Billionaire philanthropist David Rockefeller, a former head of Chase Manhattan bank and a luminary in political circles, died Monday at the age of 101, a spokesman said. He died in his sleep due to congestive heart failure at his home in Pocantico Hills, just north of New York City, spokesman Fraser Seitel said. The last living grandson of Standard Oil co-founder John D Rockefeller, Forbes magazine ranked David Rockefeller 581st on its annual list of billi ... Read More



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