Tortuga sells over 12,000 rum cakes via HSN
Jamaica Observer

Since the opening of the US$3.5- million state-of-the-art Tortuga baking facility on Retirement Road, Kingston in mid-December 2016, sales of the Tortuga brand of products have improved. However, it is expected to reach...

Driving in your financial lane
Jamaica Observer

Many people are fascinated by the idea of being ‘rich’ or, to a lesser extent, financially stable. However, what is being done to achieve this goal? Is it possible? And what can be done? Local Business Wed, 19...

Bauxite receipts improve as alumina prices rise
Jamaica Observer

In spite of several setbacks during 2016, the gross value of the export of bauxite and alumina from Jamaica increased 3.4 per cent to US$672.3 million, compared with US$650.4 million in 2015, largely due to higher alumina...

Funds under management by security dealers now over $1 trillion
Jamaica Observer

AS local security dealers reduced retail repurchase agreement (repo) offerings and increased collective investment scheme offerings, funds under management increased, but profitability declined in the year ended. Local...

BOJ says new auction system will cut currency speculation
Jamaica Observer

The Bank of Jamaica (BOJ) indicates that its introduction of a new multiple-price auction system, slated for start-up in fiscal year 2017/18, will cauterise inefficiencies that now include the ability of some dollar...

Government to review payment arrangements for MSMEs
Jamaica Observer

GOVERNMENT is to revise payment arrangements for micro, small and medium-sized enterprises (MSMEs) that supply goods and services to the public sector. Local Business Wed, 19 Apr 2017 00:00:00 GMT BOJ says new auction...

New research on Caribbean MSMEs
Jamaica Observer

Micro, Small, and Medium Enterprises (MSMEs), especially family-owned businesses (FOBs), account for about 70 per cent of private sector employment in the Caribbean. Local Business Wed, 19 Apr 2017 00:00:00 GMT Government...

Upgrade for Chocolate Walk factory set for completion in May – JP
Jamaica Observer

JP Tropical Foods Ltd, subsidiary of Jamaica Producers Group (JP), has announced plans to double banana production for the back-to-school season. Beginning in September 2017, it will make more of the fresh fruit available...

IMF praises Jamaica for ‘strong performance’
Jamaica Observer

Jamaica’s programme implementation under the Stand-By Arrangement with the IMF was yesterday described as a “strong performance” by the executives as the board concluded its first review on the...

LoanCirrus lands accounts in 15 nations
Jamaica Observer

LoanCirrus Limited (LCL), a Kingston-based operation which produces lending software, is in take-off mode thanks to a cash-for-equity swap at year end 2016. Local Business Wed, 19 Apr 2017 00:00:00 GMT IMF praises Jamaica...

More real estate development for Jamaica Teas
Jamaica Observer

Jamaican Teas Ltd, through its property subsidiary H Mahfood and Sons, hopes to commence the development of 18 super studios in Manor Park, St Andrew, in August. Local Business Sun, 16 Apr 2017 00:00:00 GMT Work to begin...

Your pay cheque is a joke…so is your self-worth
Jamaica Observer

It’s a familiar feeling each month…you look at your pay cheque and wonder how you are going to make it stretch. Then you wonder why you’re not earning more, and perhaps a sense of frustration comes over you...

JEA seeks to deepen relationship with local companies
Jamaica Observer

In a thrust to increase export numbers, Jamaica Exporters Association (JEA) says it has expanded its mandate to be more involved in the day-to-day activities of local companies seeking opportunities outside of Jamaica....

FRC proposes new insolvency regime
Jamaica Observer

Local supervisory authorities are getting ready to introduce a new insolvency scheme — a special resolution regime (SRR) — for the collective group of banks, credit unions, security dealers and insurance...

Living in Cuban time
Jamaica Observer

HAVANNA, Cuba (AFP) — In Cuba it sometimes seems time stopped in the 1960s. Local Business Sun, 16 Apr 2017 00:00:00 GMT FRC proposes new insolvency regime...

No rush to rescue fireman’s pension
Jamaica Observer

Dear Claudienne: Local Business Sun, 16 Apr 2017 00:00:00 GMT Living in Cuban time http://www.jamaicaobserver.com/business/Living-in-Cuban-time_95298 HAVANNA, Cuba (AFP) — In Cuba it sometimes seems time stopped in...

Amcham Finland offers a hand
Jamaica Observer

American Chamber of Commerce (Amcham) Jamaica has partnered with its Finland counterpart to further strengthen connections for local businesses looking to do business in the United States. Local Business Sun, 16 Apr 2017...

Media boosts entrepreneurship in Jamaica
Jamaica Observer

Jamaica reports the highest levels of media attention (87 per cent), consistent with its strongly positive perceptions about entrepreneurship (85 per cent), according to a recent report from Global Entrepreneurship...

UDC to get new commercial arm
Jamaica Observer

Dr Horace Chang, minister with responsibility for water, works and housing in the Ministry of Economic Growth and Job Creation, says the Urban Development Corporation (UDC) is about to be split into two distinct units,...

Yoni Epstein: Building economies of a global scale in a small, sunny corner of the world
Jamaica Observer

Natural entrepreneur and family man Yoni Epstein has achieved, in about half the time, what many men twice his age would envy: a successful, balanced work and home life while retaining the respect and admiration of his...

Work to begin this year on expansion of Ian Fleming airport
Jamaica Observer

Work is slated to begin this year on the expansion of the runway at the Ian Fleming International Airport in Boscobel, St Mary. Local News Sat, 15 Apr 2017 02:00:00 GMT United in Social Media ...

United in Social Media 
Jamaica Observer

On Monday, a video made rounds on the internet of a man who was forcibly removed from a United Airlines flight on Sunday night. Uproar ensued online. Then an official statement from the CEO followed, which only fuelled...

interCaribbean Airways beefs up flights with increased air link to BVI
Jamaica Observer

InterCaribbean Airways has added another flight to Tortola in the British Virgin Islands, making travel easier for Caribbean nationals without a US Visa. Local Business Thu, 13 Apr 2017 02:00:00 GMT Bank of Jamaica...

IMF study on Caribbean: VAT can yield more revenue
Trinidad Guardian

WASHINGTON— The IMF has released a Working Paper that reviewed the tax administration reforms that have been undertaken by 20 Caribbean countries with the support of the Fiscal Affairs Department of the...

Conyers Rebrands Client Services Business
Bernews

Conyers Dill & Pearman is rebranding the Codan group of companies to Conyers Client Services. Conyers Client Services provides corporate administration, secretarial, trust and management services to entities...

‘HELP US’
Jamaica Observer

PRINCIPAL of Airy Castle Primary School in St Thomas, Dawn Graham, is appealing to the Government and members of the private sector for help after a fire destroyed an entire block at the institution last Monday. Local...

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