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Jamaica Ranks High In Preparing Consumers For CSME

Chief Executive Officer of the Consumer Affairs Commission (CAC), Angela Manning has said that Jamaica ranked high among its CARICOM counterparts in preparing consumers for the Caribbean Single Market and Economy (CSME), which will be in place by 2005. Mrs. … Continued

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JAMPRO Seeks Greater Share Of Int’l Film Industry

Jamaica Promotions Corporation (JAMPRO) is seeking a bigger share of the lucrative international film industry pie, estimated to be worth billions of United States dollars. Michael McMorris, JAMPRO’s Executive Director of Marketing, told JIS News recently, that discussions were being … Continued

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E-Services For Exporters Being Implemented

The Jamaica Promotions Corporation (JAMPRO), is moving ahead with the partial implementation of its e-services for exporters, with the projected deadline for the first phase less than two months away. In an interview with JIS News, JAMPRO’s Executive Director of … Continued

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Increased Investment Brings 5,190 New Jobs

Joseph Matalon, Chairman of Jamaica Promotions Corporation (JAMPRO), has reported a 37.6 per cent increase in foreign direct investment (FDI) over the past year, moving from $10.6 billion in 2002 to $17 billion in 2003. The increased investment has resulted … Continued

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Pepsi Invests $360 Million In Plant Improvement

Pepsi-Cola (Jamaica) Limited has announced an investment of some $360 million in new equipment and machinery at its Spanish Town Road plant, to bring the local company on par with cutting edge technology used by bottling companies regionally. Speaking at … Continued

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CSME Will Bring Increased Competition – Paulwell

Minister of Commerce, Science and Technology, Phillip Paulwell, has warned local producers, that the coming of the Caribbean Single Market and Economy (CSME) would place increased pressure on them to compete effectively with their CARICOM neighbors. Minister Paulwell was launching … Continued

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Jamaica’s Global Competitiveness Profile Gets Good Ratings

President of Jamaica’s investment promotion and export trade development agency, JAMPRO, Patricia Francis, has said that Jamaica’s Global Competitiveness profile, shows that the country enjoys five key strengths, which are among the highest in the world. As such, producers of … Continued

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Gov’t Engaged In Initiatives To Boost Private Sector

Development Minister, Paul Robertson, has said the Government was engaged in a number of initiatives with overseas development partners to boost private sector growth. In the meantime, emphasis will be placed on creating an environment for local entrepreneurs, by clearing … Continued

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Jamaica To Manufacture World Renowned Simmons Bed

Jamaica will begin manufacturing the world renowned Simmons bed very soon. Minister of Development, Dr. Paul Robertson, has said that the award of the manufacturing franchise to Boss Furniture Company by the Atlanta-based Simmons Company was “a fillip in Jamaica’s … Continued

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Investment Conference Opens Tomorrow

Deputy Director of the Directorate for Finance, Fiscal and Enterprise Affairs of the Organization for Economic Co-operation and Development (OECD), Rainer Geiger, has said that three main issues would dominate tomorrow’s (March 11) Caribbean Rim Investment Conference at the Jamaica … Continued

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JAMPRO Facilitates Caribbean Rim Investment Initiative

Jamaica Promotions Corporation (JAMPRO) is partnering with the Organization for Economic Co-operation and Development (OECD) and the Inter-American Development Bank (IDB) to highlight issues related to foreign direct investment (FDI) in the region. This will be the focus of discussions … Continued

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JCCP Launched To Increase Competitiveness Of Local Firms

The Jamaica Exporters Association (JEA) launched the Jamaica Cluster Competitiveness Project (JCCP) last week (Feb. 21) at a summit attended by representatives from various sectors of the economy. The JCCP is designed to improve the competitiveness of local companies in … Continued

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Government Spearheading Legislation To Revise Incentive Scheme

Government is spearheading legislation aimed at revising the incentive scheme regimes, to consolidate and simplifying present systems and to encourage greater private sector involvement in economic development. Making the announcement on Tuesday (Feb. 4), Minister of Development, Dr. Paul Robertson, … Continued

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