Playa praises Jamaica for third quarter performance

2023-11-11T13:47:43+00:00

Playa continues to credit Jamaica's performance to its improving financials. Playa Hotels and Resorts NV has once again credited Jamaica's tourism market for the growth of its business which experienced a four per cent jump in third quarter revenue to US$213.15 million. The Dutch-based hospitality firm, which operates in

Playa praises Jamaica for third quarter performance2023-11-11T13:47:43+00:00

Open that door’

2023-11-11T13:38:11+00:00

THE calls are getting louder from private sector individuals for the Government to start taking steps to mitigate an impending labour crisis that could emerge from the tightening job market with unemployment at a historic low of 4.5 per cent. Businessmen who spoke to the Jamaica Observer on the matter

Open that door’2023-11-11T13:38:11+00:00

FirstCaribbean International Bank rebranding to CIBC

2023-11-02T13:16:30+00:00

CIBC FirstCaribbean (Photo: Garfield Robinson) CIBC FirstCaribbean International Bank Limited (CIBC FCIB) is planning to rebrand its business to that of its Canadian parent company in the coming financial year (FY) at a time when it is exiting the Dutch Caribbean. CIBC FCIB will adopt the name of its parent

FirstCaribbean International Bank rebranding to CIBC2023-11-02T13:16:30+00:00

Shareholders pave way for NCBFG APO

2023-11-02T13:09:39+00:00

CB Financial Group received approval from its shareholders for an APO. Shareholders of NCB Financial Group Limited (NCBFG) approved all three resolutions at its extraordinary general meeting on Tuesday as the financial conglomerate moves to raise billions in new capital to reduce debt and further bolster its capital. The company

Shareholders pave way for NCBFG APO2023-11-02T13:09:39+00:00

s ‘It’s an absolute urgency’

2023-11-02T13:01:47+00:00

CHAIRMAN of the Margaritaville Caribbean Group Ian Dear said the country will have to soon act with "absolute urgency" to address a tightening labour market with imported labour, particularly for entities operating in the hospitality sector, if the recent boom in the tourism industry is to be sustained. Dear, however,

s ‘It’s an absolute urgency’2023-11-02T13:01:47+00:00

Oil prices could reach ‘uncharted waters’ if the Israel-Hamas war escalates, the World Bank says

2023-10-31T08:51:38+00:00

WASHINGTON (AP) — The World Bank reported Monday that oil prices could be pushed into “uncharted waters” if the violence between Israel and Hamas intensifies, which could result in increased food prices worldwide. The World Bank’s Commodity Markets Outlook found that while the effects on oil prices should be limited

Oil prices could reach ‘uncharted waters’ if the Israel-Hamas war escalates, the World Bank says2023-10-31T08:51:38+00:00

Crime-wary Jamaica sees confidence drops

2023-10-31T08:46:12+00:00

CONFIDENCE in the economic prospects of the country remained stable amongst business leaders and consumers, but a majority cite crime as a red flag for the nation's economic outlook. The findings were released in the Jamaica Chamber of Commerce (JCC) Business & Consumer Indices for the third quarter of 2023

Crime-wary Jamaica sees confidence drops2023-10-31T08:46:12+00:00

Business social

2023-10-31T08:36:58+00:00

Jamaica Pegasus hotel in New Kingston, St Andrew, came alive on Wednesday, October 25, 2023 as who's who in Jamaican business and politics came together to celebrate with businessman Howard Mitchell at the 29th Private Sector Organisation of Jamaica (PSOJ) Hall of Fame Banquet where he was inducted into the

Business social2023-10-31T08:36:58+00:00
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