The Government has reiterated its commitment to growing the country’s Information and Communications Technology (ICT) sector as part of efforts to attract more investment from local and international players. This was disclosed by Minister of Industry, Investment and Commerce, Hon. Anthony Hylton during the official launch of Medullan’s operations in the country at JAMPRO’s New Kingston offices yesterday (April 16). “We will seek to support the local ICT industry...

Companies are being urged to place more emphasis on branding, particularly the goods and services they produce, to achieve large returns. Making the call, Minister of Industry, Investment and Commence, Hon. Anthony Hylton, emphasised that branding should not be an add-on exercise, but a position that involves both leadership and staff. He was delivering the keynote address at the official...

The Match Making Software, introduced by Jamaica Promotions Corporation (JAMPRO) at the recently held Expo Jamaica 2014, contributed significantly to the event’s success and the record participation of buyers. More than 450 of the 600 registered buyers took part in this year’s staging, including those from some 20 overseas countries, exceeding the 350 target. Manager for Market Development at JAMPRO,...

For the 2014/15 fiscal year, the Government will be seeking to strengthen the enabling environment for private sector competitiveness, to help Jamaica unleash productivity and growth. This will be done through the Jamaica Foundation for Competitiveness and Growth, which has been allocated $40 million in the 2014/15 Estimates of Expenditure, now before the Standing Finance Committee of the House. Focus...

A sum of $123 million has been allocated in the 2014/15 budget to strengthen the country’s capacity in the export markets, so as to decrease trade deficits. The funds will go towards the Economic Partnership Agreement II (EPAII) Capacity Building Project, to accelerate exports, enhance competitiveness, and further integrate the economy into global markets. Implemented by the Planning Institute of...

The country’s business environment will be further strengthened, with the support of $40 million, which has been set aside in the 2014/15 budget, to enable large scale investments and capacity support for the Micro, Small and Medium Enterprises (MSMEs) sector. The Jamaica Foundations for Competiveness and Growth project, being implemented by the Planning Institute of Jamaica (PIOJ), is geared at...

A record number of over 600 buyers from 28 countries are participating in Expo Jamaica 2014, the Caribbean’s largest trade show, which got underway on April 3, at the National Arena in Kingston. Prime Minister, the Most Hon. Portia Simpson Miller, who officially opened the event, said the expo is happening at a time of improving macro-economic stability in the...