Business optmism soars, while consumers lose confidence

BY KARENA BENNETT Business reporter | Wednesday, January, 17 2018    

Business and consumers shared opposing views about economic prospects of the country for the fourth quarter of 2017 as Jamaica continues to grapple with crime and the uncertainty of where the economy will be over the next 12 months. Read More

JCA celebrates Customs Week

Wednesday, January, 17 2018    

The Jamaica Customs Agency (JCA) will kick-start its annual Customs Week celebrations from January 21-26, 2018, under the theme: 'A Secure Business Environment for National Development'. International Customs Day will be celebrated on Friday, January 26. Read More

Gibbs surges off

Wednesday, January, 17 2018    

JPS Region West Director T'Shura Gibbs has resigned from her post effective, February 9, 2018. Read More

Agriculture – key to Caribbean food security

by ATASHA BERNARD | Wednesday, January, 17 2018    

The Caribbean is rich in natural resources; no wonder they underpin much of the region's economy. Read More

Greek gov't goes to pot

Wednesday, January, 17 2018    

ATHENS, Greece (AFP) – Greece's parliament is expected to approve the medical use of cannabis in the coming weeks, a deputy minister said Sunday, adding that the change would attract investment to the country. Read More

UK's Guardian daily goes tabloid to cut costs

Wednesday, January, 17 2018    

LONDON, United Kingdom (AFP) – Britain's Guardian newspaper adopted a new tabloid format and a redesigned masthead with simple black lettering from Monday as part of a drive to cut costs. Read More

Sweet deal: Nestlé sells US candy to Ferrero for US$2.8 billion

Wednesday, January, 17 2018    

GENEVA, Switzerland (AFP) — Nestlé said Tuesday it has agreed to sell its US candy business to Italy's Ferrero for CHF 2.7 billion ($2.8 billion/2.3 billion euros) in cash as the Swiss food giant shakes up its product portfolio. Read More

Top takeaways from Consumers Electronics Show

Wednesday, January, 17 2018    

LAS VEGAS, United States (AFP) – The 2018 Consumer Electronics Show, which concluded Friday in Las Vegas, drew some 4,000 exhibitors from dozens of countries and more than 170,000 attendees, showcased some of the latest from the technology world. Read More

Cryptocurrency rivals snap at Bitcoin's heels

Wednesday, January, 17 2018    

PARIS, France (AFP) – Bitcoin may be th e most famous cryptocurrency but, despite a dizzying rise, it's not the most lucrative one, and far from alone in a universe that counts 1,400 rivals, and counting. Read More

Bitcoin fever hits US real estate market

Wednesday, January, 17 2018    

MIAMI, United States (AFP) – Bitcoin fever has hit the US real estate market, especially that of Florida, offering foreign investors a way to dodge currency controls at home and US economic sanctions. Read More

Volkswagen reports record global car sales in 2017

Wednesday, January, 17 2018    

DETROIT, United States (AFP) – Volkswagen said Sunday that its namesake brand sold more vehicles worldwide in 2017 than ever before. Read More

Honda, Volvo, Ford scoop awards at Detroit auto show

Wednesday, January, 17 2018    

DETROIT, United States (AFP) — The Detroit auto show handed out its self-proclaimed “Oscars of the auto industry” on Monday, rewarding Honda, Volvo and Ford amid a crowded slate of new truck, SUV and crossover unveilings. Read More

Spain to pip US as 2nd top tourist draw

Wednesday, January, 17 2018    

MAD RID, Spain (AFP) — Spain is set to replace the United States as the world's second tourism destination while France has retained the top spot, the World Tourism Organization said Monday. Read More

Regional insurer disbursed US$119 million during 10-year period

Monday, January, 15 2018    

BRIDGETOWN, Barbados (CMC) — Director of Projects at the Caribbean Development Bank (CDB) Daniel Best says between 2007 and September 2017, Caribbean Catastrophe Risk Insurance Facility (CCRIF) disbursed approximately US$119 million to Caribbean countries. Read More

Proven targets Cayman

BY KARENA BENNETT Business reporter | Sunday, January, 14 2018    

Proven Investments Limited (ProvenJA) has entered an agreement to acquire 100 per cent of the common shares of a licensed securities dealer with offices in Cayman and throughout the Caribbean. Read More


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