KINGSTON, Jamaica — Five days after Lowell Hawthorne was found dead at the Golden Krust Bakery in the Bronx, workers at the Jamaican beef patty manufacturer have filed a federal class-action lawsuit. According to foreign media reports, the lawsuit, filed Thursday, is the second filed this year against the
Richard Byles (centre), chairman and former CEO of Sagicor Group Jamaica, is presented with the Jamaica Observer Business Leader 2017 trophy by the newspaper's Chairman Gordon “Butch” Stewart (right) and his son, Adam, who is the newspaper's deputy chairman and CEO, last night at the awards banquet at the Jamaica
IAJ Yearbook published October 2017 contains much valuable information for its constituents and all others who want to keep abreast of the operations of the Insurance industry in Jamaica. IAJ YEARBOOK PUBLISHED OCTOBER 2017 FOR WEB
RJR News Story NCB Financial Group on Friday announced that it launched a take over bid for Guardian Holdings of Trinidad and Tobago. The bid is valued at US$174 million with each GHL share being valued at US$2.35. The bid is being effected through NCB Financial Group's subsidiary, NCB
KINGSTON, Jamaica — NCB Financial Group Limited (NCBFG) has set up a wholly owned subsidiary, NCB Global Holdings Limited to acquire majority stake in Guardian Holdings Limited (GHL). The financial group hopes to acquire up to 74,230,750 ordinary shares in Guardian Holding valued at US$2.35 per share. If successful, the
Newly elected PSOJ President Howard Mitchell gave his first public address at the annual Private Sector Organisation of Jamaica (PSOJ) Christmas luncheon on Wednesday. In a humble, self-deprecating and often quite funny speech the 19th president (and the first lawyer to be president) noted that he had been close
For investors with an interest in the Jamaica Stock Exchange (JSE), this Christmas a 'trailer load' of initial public offers (IPO) have caused analysts, traders and stockbrokers to work overtime to fill orders. To date, five IPOs have come one right behind the other for the months of November and
THE House of Representatives approved the $89.9 billion or a 12.6 per cent increase in the 2017/18 budget during another marathon sitting which went beyond eight o'clock Wednesday night. Minister of Finance and the Public Service Audley Shaw explained that the bulk of the increase — $68.5 billion or 76
KINGSTON, Jamaica — Scotia Group has recorded an annual profit of $12.4 billion aided by net gains on financial assets according to just released fourth quarter results from the company. The profit represents an increase in net income of $816 million or seven per cent, compared to the year ended
James Cercone (left), president, Sanigest International, in discussion with Minister of Health Christopher Tufton (right), and National Health Fund Chairman Gregory Mair at the contract signing for the development of a proposal for a national health insurance plan for Jamaica on Wednesday. The National Health Fund (NHF) on Wednesday signed
