6:44 pm, Wed July 22, 2015 Detectives are probing a major medical insurance racket in which Guardian Life has been defrauded of millions of dollars. The cops have charged the 35 year old operator of the Spanish Town Dialysis and Medical Centre, Craig Graham, in connection with the alleged fraud. Graham was charged
Wednesday, July 15, 2015 KINGSTON, Jamaica – Tax offices and Revenue Service Centres across the island are experiencing a shortage of motor vehicle licence plates. This is according to a release issued by the Tax Administration Jamaica (TAJ) on Wednesday. “This is due to a delay in the delivery of
Wednesday, July 22, 2015 A panel of experts and policymakers at the Third International Conference in Ethiopia last week gave the nod to crowdfunding -- where ordinary citizens invest small amounts of money in businesses, social projects or charitable causes -- as a potential source of billions of dollars in
THE EDITOR, Sir: The Government has been putting together bailout packages to jump-start Blue Mountain coffee cultivators whose farms were affected by fire in various locations. While the Government should be credited for its responsiveness, the appearance should never be given that it is the safety net or first line
BY KARENA BENNETT Business reporter bennettk@jamaicaobserver.com Wednesday, July 15, 2015 Anderson…consumers have found some means of fighting through the harsh economic conditions. (PHOTO: ASTON SPAULDING) BUSINESS and consumer confidence for the second quarter remained stable and strong compared to last quarter, and well above the levels of last year. The
IT doesn’t have quite the same ring as the Culture’s 1977 reggae classic Two Sevens Clash, but the end result is more harmonious, when it’s a tale of the two sevens combining — as the world’s seventh largest natural harbour is now the seventh busiest port in the Americas, despite
BY KARENA BENNETT Business reporter bennettk@jamaicaobserver.com Friday, July 17, 2015 Chief entrepreneurship officer of Branson Entreprenuership Centre Lisa Lake provides a demo of the online learning platform to Branson Centre official entrepreneur Brian Brown of Live.Wire.Act Richard Branson and Virgin Unite-founded Branson Centre of Entrepreneurship-Caribbean (BCOEC) has launched a non-academic
ATHENS, Greece — Riot police officers run through fire as anti-austerity protesters throw petrol bombs, during clashes in Athens, Wednesday. Greece has a tentative rescue deal, but relief that it is not falling out of the euro is unlikely to last long: its economy has taken a huge hit. Months
Courtney Wynter, General Manager of Jamaica Mortgage Bank, has suggested that Jamaica could use housing developments to grow the economy. According to Mr. Wynter, mortgages in Jamaica, as a percentage of gross domestic product, lag behind that of developed countries, highlighting the fact that there is also a huge gap
Jamaica registered its first current account surplus in over a decade during the first three months of 2015. Higher tourism receipts helped, but a reduced trade deficit and lower shipping costs factored more in the positive balance for net foreign exchange earnings, excluding capital flows, such as debt financing and
