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Jamaica recorded a 26 per cent increase in export earnings between January and September 2011, compared to the corresponding period of 2010, said Jamaica Exporters’ Association (JEA) President, Vitus Evans. Speaking at the JEA’s Breakfast Forum at the Wyndham Hotel, New Kingston, on Tuesday (February 28), Mr. Evans said data from the Statistical Institute of Jamaica (STATIN) showed that total...

Minister of Industry, Investment and Commerce, Hon. Anthony Hylton, has laid out an "integrated 10-point strategy" to be implemented in order to achieve the goals of Vision 2030, Jamaica’s National Development Plan. The plan was unveiled on Tuesday Feb. 28 at a media briefing at the Ministry’s New Kingston offices. Minister Hylton explained that the plan comes as the Ministry...

Eight recently established small businesses have been selected for a major support programme sponsored by the National Baking Company under its ‘Bold Ones: New Champions of Manufacturing’ initiative. The eight, which were announced at a press conference at the Knutsford Court Hotel in Kingston Tuesday February 28, are: Belcour Preserves Limited; Debz Limited; Patwa Apparel; Pretti Slippery; No Brand Chemicals;...

Industry, Investment and Commerce Minister, Hon. Anthony Hylton, said that several initiatives are being pursued to enhance the operational standards of local exporters and ensure the safety of products exported to the United States (US). These initiatives, the Minister said, include a cost-sharing programme of up to 25 per cent of inspection fees; training and technical assistance; and gap analyses...

Jamaica remains a very viable destination for local and foreign investments, despite being ranked among the countries with the highest cost for energy in the Caribbean basin. With a determination to attract those investments, Minister with responsibility for spurring investment growth in the country, Hon. Anthony Hylton, will be hosting an investment  forum  from March 1 to 2, at the...

Minister of Industry, Investment and Commerce, Hon. Anthony Hylton, has underscored the need for Jamaica to improve competitiveness and reduce the cost of doing business in order to achieve high levels of success in attracting and landing investments. “No country today can escape the realities of globalisation, however nations must adapt to these realities by creatively redefining how they articulate...

Minister of State in the Ministry of Foreign Affairs and Foreign Trade, Hon. Arnaldo Brown, says it is critical that Jamaica begins to grasp opportunities to increase production and exports, even as the country is challenged to adapt to an ever changing trade environment. Mr. Brown, who was speaking at a Validation Workshop for the Review and Revision of Jamaica’s...

There is strong investor interest in the upcoming 'Jamaica Investment Forum 2012' with some 120 local and overseas delegates already confirming attendance and participation. Minister of Industry, Investment and Commerce, Anthony Hylton, said the number includes foreign investors, major local business interests, and resident ambassadors. There will also be strong representation from the Diaspora. “This is a forum with a...

Minister of Industry, Investment and Commerce, Hon. Anthony Hylton, said that Jamaica is teeming with investment opportunities in such areas as business process outsourcing (BPO), export-oriented manufacturing, tourism andglobal shipping and logistics. He was addressing a wide spectrum of potential local and foreign investors at a recent forum staged by Mayberry Investments Limited at the Knutsford Court Hotel in New Kingston....

Japanese businesses have demonstrated significant interest in investing in Jamaica. This was stated by Japan’s Ambassador to Jamaica, His Excellency Hiroshi Yamaguchi, during his presentation at the recently held investment forum staged by Mayberry Investments in Kingston. The Ambassador stated that the interest was demonstrated as recently as November last year during a Japanese trade mission to the island. "Probably...

State Minister for Industry, Investment and Commerce, Hon. Sharon Ffolkes-Abrahams, said the Government will continue to forge partnerships with members of the Diaspora in an effort to increase investments, particularly in the development of small enterprises. “For our Ministry, we’re looking at getting support not only from our local investors, but we’re also looking to the Jamaican Diaspora for support....

Jamaica will intensify efforts to secure US$billions in Foreign Direct Investment (FDI), as the Government looks to implement a number of strategic projects that have the potential to sustain economic growth and development. This was stated by Minister of Industry, Investment and Commerce (MIIC), Hon. Anthony Hylton on February 15, as he addressed an investment forum staged by Mayberry Investments...