Business

Gov't promises microcredit regulation by February

Minister of State in the Ministry of Finance and the Public Service, Fayval Williams, has assured micro financiers that the Bill to regulate activities in their sector , the Micro Credit Act, will be tabled in Parliament next February. Read More

Preparing Jamaica's future labour force
I have long maintained that the biggest risk to Jamaica's economic development is the unproductivity of our labour force, which was highlighted in an article I wrote in the Jamaica Observer titled 'Transforming Jamaica's Productivity' (December 6, 2013).... Read More

CDB approves US$76 million for St Kitts
BRIDGETOWN, Barbados (CMC) — The Caribbean Development Bank (CDB) has announced a programme of assistance of US$76.2 million for St Kitts and Nevis over the period 2017 to 2021.... Read More

CDB announces US$100 million country strategy for Haiti
BRIDGETOWN, Barbados, (CMC) — The Barbados based Caribbean Development Bank (CDB) is supporting the Government of Haiti in reducing poverty, building resilience, and achieving sustained economic growth for all.... Read More

Russia coming in from the cold

BY KARENA BENNETT Business reporter bennettk@jamaicaobserver.com | Friday, December, 15 2017    

Minister of Tourism Ed Bartlett has listed Russia as one of the markets that will again cause an uptick in arrivals to the island, as the Russian economy returned to modest growth since the start of 2017. Read More

New mobile app offers shoppers discounts, rewards

Friday, December, 15 2017    

A new mobile app offering discounts and rewards in the form of digital currency is now available to consumers. Read More

Cuba authorises sending text messages to US phones

Friday, December, 15 2017    

HAVANA, Cuba (AFP) — Cuban telecommunications monopoly Etecsa Friday authorised Cubans to send text messages to the United States, lifting a restriction which has long frustrated the population. Read More

Bermuda seeks to boost population in a bid to spur economy

Friday, December, 15 2017    

HAMILTON, Bermuda (CMC) — Bermuda's Economic Development and Tourism Minister Jamahl Simmons says the Progressive Labour Party (PLP) Government wants the population to return to the levels seen in 2006 and 2007, when the island enjoyed an economic boom. Read More

Jamaica is an international icon of the turnaround economy — Adam Stewart

BY HANNIFFA PATTERSON Business reporter pattersoh@jamaicaobserver.com | Wednesday, December, 13 2017    

“Jamaica is in a very, very special place,” according to Jamaica Observer Deputy Chairman and CEO Adam Stewart, who was speaking on the future of business in Jamaica in his adresss at the 20th staging of the Jamaica Observer Business Leader Award at the Jamaica Pegasus hotel... Read More

VMIL is being listed at a discount – JN Fund Managers

Wednesday, December, 13 2017    

The Victoria Mutual Group is listing its subsidiary, Victoria Mutual Investments Limited (VMIL), on the Jamaica Stock Exchange (JSE).The initial public offer (IPO) of VMIL opened on Monday, December 11 and closes on Monday, December 18th. Read More

Aubyn Hill new head of Economic Growth Council

BY BALFORD HENRY Senior staff reporter balfordh@jamaicaobserver.com | Wednesday, December, 13 2017    

Prime Minister Andrew Holness yesterday announced the appointment of Government s enator Aubyn Hill, as the new executive director of the Economic Growth Council (EGC). Read More

Mergers & Acquisitions: Future and effectiveness of Jamaica's competition legislation

by Jezeel Martin | Wednesday, December, 13 2017    

The Fair Trading Commission (FTC) is entitled, under the Jamaican Fair Competition Act (FCA) to deal with any matter on its own initiative or at the request of any person adversely affected by a merger and acquisition (M&A) of enterprises. Read More

Customs will continue anti-corruption initiatives

Wednesday, December, 13 2017    

On October 31, 2003, the General Assembly of the United Nations adopted the UN's convention against corruption and since then, each year, the Assembly recognises International Anti-corruption Day in order to raise global awareness about corruption and its effects on countries and their... Read More

Get the credit you deserve and leverage your wealth in 2018

BY DENNISE WILLIAMS Contributor | Wednesday, December, 13 2017    

The fact is that credit makes the business and investing world go round and if you are interested in leveraging your way to success, our panel of income ideas experts have a few tips you can use to propel your way to a prosperous 2018. Read More

Local pimento under threat

BY KARENA BENNETT Busines reporter bennettk@jamaicaobserver.com | Wednesday, December, 13 2017    

President of the Pimento Growers' Association, Hugh Lyon has raised concerns that pimento trees in Jamaica will soon become extinct as deforestation continues to drive the supply of pimento coal. Read More



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