State Minister for Industry, Investment and Commerce, Hon. Sharon Ffolkes-Abrahams, has welcomed the growth of overseas-owned franchises in Jamaica, particularly entities partnering with local stakeholders. Such development, she said, is testament of the “attractiveness” of Jamaica’s market, and is a “positive signal to prospective investors, who may be considering Jamaica as a destination for other investments.” Mrs. Ffolkes-Abrahams was speaking...

Co-Chairman, Economic Programme Oversight Committee, Richard Byles, is urging members of the private sector to increase their investment in the country as part of efforts to boost the economy. He noted that this is crucial as the Government is contracting expenditure and borrowing less as part of its agreement under the US$932.3 million four-year Extended Fund Facility (EFF) with the...

The Ministry of Industry, Investment and Commerce (MIIC) has extended the deadline for submission of entries to the Logistics Hub Essay Competition from December 15, 2013 to January 17, 2014. All other conditions remain the same and persons who have entered before are allowed to revise and resubmit their essays. The competition is part of a continued thrust to heighten...

The Board and Staff of JAMPRO join a grateful and proud nation in thanking God for the talent and victory of Tessanne Chin. Tessanne Chin’s triumph in being selected as “The Voice” for 2013 is an exceptional international achievement that throws into extremely sharp focus the almost limitless dividends that investing in the Creative Industries can pay in the national...

Minister of Industry, Investment and Commerce, Hon. Anthony Hylton, says the Government, through the Development Bank of Jamaica (DBJ), is making additional resources available for the Business Process Outsourcing (BPO) sector. He said that aim is to facilitate expansion of the industry in order to create more jobs for Jamaicans. “The Government will be ensuring that the infrastructure needed to...

Chairman of the Insurance Company of the West Indies (ICWI) Group, Hon. Dennis Lalor, O. J., is urging the private sector to do more to assist the Government in pushing the economy forward. Mr. Lalor was the guest speaker at the Private Sector Organization of Jamaica (PSOJ) annual members’ Christmas luncheon, held at the Jamaica Pegasus Hotel on December 11. He...

Minister of Industry, Investment and Commerce, Hon. Anthony Hylton, says the Government continues to push the public-private partnership (PPP) agenda, as the country moves towards realizing its National Development Plan. He emphasized that if Jamaica is to become a place to live, work, raise families, and do business, as set out in Vision 2030, the economy must be transformed into...