PHOTO: And the winner is...
Jamaica Observer

Richard Byles, President and CEO Sagicor Group Jamaica, presents Anna Smith, founder and creative director Invitokens, with her first place award for her win in the 2016 Sagicor Imagine Awards. The inaugural competition...

Recession-hit Nigeria details economic recovery plan
Jamaica Observer

LAGOS, Nigeria (AFP) — Nigeria’s government this week launched a master plan to lift it out of recession, hoping to hit 7.0 percent growth by 2020, but economists believe the programme sets the bar too high....

PHOTO: Name change
Jamaica Observer

PANJAM Investment Ltd Chairman and CEO Stephen Facey (left) replaces the company’s name plaque at the Jamaica Stock Exchange headquarters in downtown Kingston on Friday, March 10, 2017. Sharing the moment is PANJAM...

Barbados - A classic case of a ‘fallen angel’
Jamaica Observer

A “fallen angel” in finance is a rated entity which once carried a high credit rating (investment grade) and displayed exceptional performance, but has since experienced sustained declines in ratings,...

Are you ‘anti-money’ ?
Jamaica Observer

Join me in looking in the mirror at the person who is responsible for you and me not having all the financial success we want. This article is a nice checklist of the reasons why we say we want money, but in fact, are...

The government still in the jaws of a dilemma
Jamaica Observer

The government remains clearly committed to the idea of moving from direct to indirect taxation. This has merits, especially making it more likely that revenues will flow as expected — revenues in FY 2016/17 are...

How Shaw kept the 1.5 million-dollar promise
Jamaica Observer

The key driver of this year’s budget was the need to finance the second phase of the rise in the income-tax free threshold to $1.5 million, from $1 million, at a projected cost of $14.2 billion. Overall, a...

Caribbean Airlines response hits turbulence
Jamaica Observer

Dear Claudienne: Local Business Sun, 12 Mar 2017 00:00:00 GMT How Shaw kept the 1.5 million-dollar promise http://www.jamaicaobserver.com/business/How-Shaw-kept-the-1-5-million-dollar-promise_92118 The key driver of this...

King Pepper eyes summer sales in Canada
Jamaica Observer

Christine Wong, managing director of King Pepper Products Ltd, maker of condiments and seasonings in Hague, Trelawny, has announced that this summer the company is expecting to see improved results from the new Canadian...

McLaren-Campbell takes aim at empowering people
Jamaica Observer

Recently crowned the matriarch of Jamaica’s new “first family”, Nicole McLaren- Campbell holds much of the island captive with her positive energy- driven life, which is well documented on social and...

PATH is not enough to blunt budget impact
Jamaica Observer

The philosophy behind the budget is one of removing from direct to indirect taxes. Local Business Sun, 12 Mar 2017 00:00:00 GMT McLaren-Campbell takes aim at empowering people...

New electricity and health taxes must be withdrawn
Jamaica Observer

In my view, the Government of Jamaica (GOJ) should focus on improving tax compliance, have confidence in its plan to do so, and withdraw the proposed reduction in zero-rate electricity threshold and the imposition of GCT...

New public debt definition will help to achieve target, says Shaw
Jamaica Observer

FINANCE and the Public Service Minister Audley Shaw says following the adoption of the new public debt definition, Jamaica will be closer to achieving its sustainable legislative debt target within the next eight years,...

A stitch in time: fashioning a life behind bars in Panama
Jamaica Observer

PANAMA CITY, Panama (AFP) — In a small room in a prison on the outskirts of Panama City, Kathia Thomas carefully presses the screen on a digital sewing machine to choose the colours and embroidery on her next item of...

St Lucia records slight increase in stayover visitor arrivals
Jamaica Observer

CASTRIES, St Lucia (CMC) – St Lucia recorded a one per cent increase in stayover arrivals for 2016, but the tourism industry failed to show growth in the cruise and yachting sectors, contracting by 13 and one per...

Foreign investors see opportunities in Cuban food sector
Jamaica Observer

HAVANA, Cuba (Xinhua) — The Cuban food industry has 21 development projects worth a total of US$762 million, some of which have seen interest from foreign investors, according to local news site Sierra Maestra on...

Puerto Rico legislators pledge relief to local bondholders
Jamaica Observer

SAN JUAN, Puerto Rico (AP) — Top Puerto Rico legislators pledged yesterday to help local investors in government bonds who face deep losses as the US territory defaults on a series of debts due to an economic crisis....

Independent legislator urges government to deal with high bank charges and interest rates
Jamaica Observer

PORT OF SPAIN, Trinidad, (CMC) – An independent legislator is calling on the Trinidad and Tobago government to deal with high bank charges and interest rates. Local Business Fri, 10 Mar 2017 03:00:00 GMT Puerto Rico...

Investing into a brighter future
Jamaica Observer

Many Local Business Fri, 10 Mar 2017 03:00:00 GMT Independent legislator urges government to deal with high bank charges and interest rates...

The deconstruction of the deep state: A road map for Jamaica
Jamaica Observer

Cast adrift on a sea of discontent, the institutional elites that once dominated the old world order are clinging to their life rafts, buffeted by the populist storms howling across the globe. Local Business Fri, 10 Mar...

New reinvestment scheme pays off for Sterling Investments
Jamaica Observer

Sterling, with earnings of $78.6 million in 2016 relative to $71.19 million in 2015, said its strategy of investing mainly in $US fixed-income assets on behalf of its shareholders — which include large pension funds,...

Government moves to regulate bank charges
Jamaica Observer

The Government is to introduce a new financial services consumer protection agency to protect commercial bank customers from exorbitant bank fees. Local Business Fri, 10 Mar 2017 03:00:00 GMT New reinvestment scheme pays...

Ready TV to make Portmore its home base
Jamaica Observer

The Jamaican government, the Opposition, the church and the residents of Portmore, St Catherine seem to be rallying behind the decision of new digital cable company, Ready TV, to make the dormitory town its home base....

Jabloteh blows out Flames 9-0 in CFU opener
Trinidad Guardian

Jamaica Keithy Simpson and T&T international Nathan Lewis both netted hat-tricks as a rampant San Juan Jabloteh doused Flames United of Sint Maarten 9-0 in their 2017 Caribbean Football Union Club Championship Group E...

Shaw opens budget debate today
Jamaica Observer

Minister of Finance and the Public Service Audley Shaw will today open the 2017/18 budget debate in Gordon House, in what he said yesterday will address the ‘journey to prosperity’. Local News Thu, 09 Mar 2017...

Carube Copper Corp to begin mining for gold and copper at Bellas Gate in April
Jamaica Observer

Carube Copper Corp, which is responsible for gold and copper mining projects in Jamaica and Canada, says it will begin mining at Bellas Gate in St Catherine in April of this year, following studies which promise several...

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