Business

World Bank warns further reforms needed for LatAm, Caribbean

Chief economist for Latin America and the Caribbean, Carlos Végh, has deemed the region's fiscal policy as precarious with an urgent need for further adjustment, as growth in China and the United States continue to trend upwards. Read More

Caribbean urged to pay more attention to Canadian tourist market
ST GEORGE'S, Grenada, (CMC) — A senior official of the Canadian Tourism Research Institute (CTRI) is challenging the Caribbean to capitalise on the increase in the number of Canadian visitors coming to the Caribbean especially during the off-season.... Read More

Establishing a foundation for development
Over the past couple of weeks traffic congestion has been unbearable on the roads, and has revealed a lack of proper governance.The recent traffic pile-ups have been caused, in my view, by:... Read More

Caribbean Airlines appoints new CEO
PORT OF SPAIN, Trinidad, CMC — Caribbean Airlines (CAL) earlier this week announced the appointment of Garvin Medera as its new chief executive officer with immediate effect.... Read More

NEW HOME

BY KARENA BENNETT Observer staff reporter bennettk@jamaicaobserver.com | Friday, October, 13 2017    

After 17 years on Hagley Park Road, which has basically been converted into an automotive strip, Creative Building Finishes Limited is relocating to 5 Red Hills Road. Read More

US demands raise fears that leaving NAFTA could hurt economy

Friday, October, 13 2017    

WASHINGTON, DC, United States (AP) — The North American Free Trade Agreement (NAFTA) is in its 23rd year. But there are growing doubts that it will survive through its 24th. Read More

IMF sounds alert over debt in largest economies

Friday, October, 13 2017    

WASHINGTON, DC, United States (AFP) — For the first time in years the International Monetary Fund (IMF) is optimistic about global economic growth. But it sees a new problem: mounting debt in the world's largest countries. Read More

Red Stripe named Manufacturer of the Year

Wednesday, October, 11 2017    

Red Stripe Jamaica is this year's winner of the Governor General's Award for Manufacturer of the Year (sponsored by EXIM Bank). The award was especially relevant as the Heineken-owned company has recently returned its US-based manufacturing to Jamaica, after temporarily... Read More

Montego Bay Expo 2017 this weekend

Wednesday, October, 11 2017    

The Montego Bay Chamber of Commerce and Industry (MBCCI) will be staging its annual Expo 2017, western Jamaica's largest and most notable trade expo, from Friday to Sunday. Read More

We have to speed up the Microcredit Act — Shaw

BY KARENA BENNETT Business reporter bennettk@jamaicaobserver.com | Wednesday, October, 11 2017    

Minister of Finance Audley Shaw has disclosed that at least one commercial bank has threatened to close the accounts of some microfinance institutions on the grounds that the entities are not operating under a regulated sector. Read More

Future proofing the Caribbean energy sector

By INGRID CHRISTIAN-BAKER | Wednesday, October, 11 2017    

Electricity continues to be one of the most expensive inputs into the manufacturing process as well as a significant cost in the budgets of households in the Caribbean. Read More

Exit repurchase agreements, enter private equity

BY DENNISE WILLIAMS Contributor | Wednesday, October, 11 2017    

Investors looking for interest income have had to widen their scope as repurchase agreements are no longer a viable option. Bank savings rates are less than one per cent and for investors who want another option besides bonds, private equity (PE) firms have become an... Read More

Consumer hope over jobs is building

BY KARENA BENNETT Business reporter benettk@jamaicaobserver.com | Wednesday, October, 11 2017    

Jamaica has recorded an all-time high with consumers describing the current availability of jobs as adequate or plentiful, according to a recent business and consumer confidence survey. Read More

Photo: Customer appreciation

Wednesday, October, 11 2017    

(From left) Charmaine Lue-Chen, credit controller of Wisynco; William Mahfood, chairman of Wisynco and Audley and Coleen Seow, business owners of Nez Market Place in Annotto Bay, enjoy the company's customer appreciation event in the north-east of the island last Sunday at Dunn's River in St... Read More

Income ideas — teaching for profits

BY DENNISE WILLIAMS Contributor | Wednesday, October, 11 2017    

What if teaching happened to be a very profitable career path? What if people who want to teach took a different path to earning money that helped them to meet their desired standard of living? Read More



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