A &A Lime Hall Development Limited, a company incorporated in 2004 as a rental service in Montego Bay, St James, has offered PDV Caribe S.A. a subsidiary of Petroleos de Venezuela (PDVSA), US$100 million for its 49 per cent stake in Jamaican oil refinery Petrojam Limited. In a letter dated
Leading local architect Evan Williams has completed his 10-year odyssey to build an extended-stay hotel. The 48-room hotel is called the R Hotel and is located on Kingston's Renfrew Road. The 57,000 square foot hotel sits on 13,000 square feet and came in at a cost of US$6.5 million. Speaking
Beijing, China (AFP) — China's trade surplus with the United States hit a record high last year but the country's imports and exports fell in December as the long-running trade war begins to bite in the world's number two economy, data showed Monday. The surplus with the US is a
Alysia White (left), assistant vice president, Sagicor Group Marketing, addresses editors and reporters at Jamaica Observer's Monday Exchange forum at the newspaper's Beechwood Avenue offices yesterday. Also in photo are Christopher Zacca, president and CEO, Sagicor Group Jamaica and international supermodel Stacey McKenzie, Sagicor Sigma Corporate Run patron. (Photo: Joseph
St Andrade Sinclair (third right), CEO of May Pen Hospital, one of the beneficiaries of this year's Sagicor Sigma Corporate Run, addressing yesterday's Jamaica Observer Monday Exchange. Flanking him are (from left) Stacey McKenzie, Jamaican/Canadian fashion model and runway coach, a patron of the event; Christopher Zacca, president and CEO,
Gusland McCook, acting director general of the Jamaica Agricultural Commodities Regulatory Authority (JACRA), has confirmed that business consultant Dennis Boothe has been appointed chairman of the board of JACRA. JACRA's first chairman, Richard Pandohie, resigned soon after taking the position last year. McCook said that a new board has been
BRIDGETOWN, Barbados (CMC) — Several countries in the region were rocked by a magnitude 3.4 earthquake early Sunday. The United States Geological Survey (USGS) reports that at 7:29am (local time) the tremor affected the British Virgin Islands, Dominica, St Martin, Sint Maarten, Guadeloupe, Montserrat, Puerto Rico, St Kitts Nevis,
Question: I am in bad debt on two angles. I have an outstanding credit card debt, and I also have a bad debt, with a company in the micro finance sector. The latter was a loan I stupidly took for my boyfriend at the time, and he has made no
The Inter-American Development Bank (IDB) says exports from Latin America and the Caribbean, including Jamaica, hit their highest level in six years as a result of a 9.9 per cent increase in 2018, albeit amid growing downside risks in the future. A new IDB report noted that the region
Exports of Jamaica increased 17.6 per cent year-on-year in the first quarter of 2018, according to an Inter-American Development Bank (IDB) report which said that sales from Latin America and the Caribbean to overseas markets were the highest in six years. The stronger expansion for Jamaica was due to increased
