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Minister of Industry, Investment and Commerce, Hon. Anthony Hylton, has lauded Pepsi’s acquisition of the distributorship for the Ocean Spray line of juices in Latin American and the Caribbean, noting that this augers well for growth in exports and expansion of the local beverages industry. He was speaking at a function held at the Wyndham Kingston today (Sept. 19) to...

Several small entrepreneurs are to benefit from the expertise and experience of larger and more established business owners under a coaching/mentorship programme. The initiative, dubbed the 'Nationwide-Scotiabank Entrepreneurial Challenge Coaching/Mentorship' programme, seeks to provide sound advice and assistance to proprietors of medium, small and micro enterprises (MSMEs) with the objective of advancing their identified business goals. The programme, which was...

President of the Jamaica Exporters' Association (JEA), Vitus Evans, says an export-led focus is critical to positioning the Jamaican economy on a path of growth. Speaking at the opening ceremony of the National Export Strategy (NES) Engagement Series, held at Jamaica Promotions Corporation (JAMPRO), in New Kingston, on September 14, Mr. Evans said studies have shown that there is a...

Commissioner of Customs, Major Richard Reese, is reporting that the Customs Department collected an additional $276.6 million in revenue from re-valuations during the first five months of the 2012/13 fiscal year. Speaking at the weekly luncheon of the Kiwanis Club of Kingston at the Wyndham Kingston Hotel, on Tuesday (September 18), Major Reese said between April and August, some $172.4...

Jamaica's ability to provide container cleaning, testing and repair services in the shipping industry has been boosted, with the launch of the island's first global ISO-Tank Specialist Depot and Maintenance Facility - ISOCON-JLB International. The facility, located at Newport West in the Kingston Freezone, will give access to all ISO-Tank Container operators in the food grade markets throughout the Caribbean,...

Minister of Industry, Investment and Commerce, Hon. Anthony Hylton, says the Government is committed to building a successful export strategy to improve Jamaica’s competitiveness on the global market. Mr. Hylton was speaking at the opening of the National Export Strategy (NES) Engagement Series, held at Jamaica Promotions Corporation (JAMPRO) Business Auditorium in New Kingston, on September 14.  He pointed out...

Minister of Industry, Investment and Commerce, Hon. Anthony Hylton, says draft legislation for a new 'Insolvency Act' could be before Cabinet by early next year. Addressing a Breakfast Forum hosted under the theme, ‘Booms need Bust: Reforming Insolvency Legislation’, Minister Hylton told guests that a reform of the current insolvency legislation is urgently needed, as it has become outmoded and...

Jamaicans are being urged to be patient as the business benefits from the country's participation in the Jamaica House promotions in London, during the recent Summer Olympics, will take some time to unfold. President of Jamaica Promotions Corporation (JAMPRO), Sancia Bennett-Templer, said that while there will be "some new developments in the area of animations for Jamaica very, very shortly,”...

Minister of Industry, Investment and Commerce, Hon. Anthony Hylton, says one of the major priorities of the Government is the empowerment of the nation’s youth, through job creation opportunities. He said the digital economy is one area the administration is currently exploring, as a means of generating employment for young people. The digital economy is the global network of economic...

Minister of Industry, Investment and Commerce, Hon. Anthony Hylton, said the 'Jamaica Shop' experience in London was "by all accounts a huge success". Jamaica Shop was executed by Jamaica Promotions Corporation (JAMPRO) and the Jamaica Business Development Corporation (JBDC), inside Jamaica House in London, and featured a wide array of Jamaican products and souvenirs from more than 95 suppliers. These...

Minister of Industry, Investment and Commerce, Hon. Anthony Hylton, has underscored the strategic importance of the United Kingdom (UK) city of Birmingham to the Government’s economic goals for investments and international trade.  Minister Hylton was addressing a press conference at the Crowne Plaza Hotel in the city on Wednesday (August 1) to launch ‘Jamaica in the Square,’ a five-day free...

President of the Jamaica Exporters' Association (JEA), Vitus Evans, is reporting a 10 per cent increase in total domestic exports for January to March 2012 over the same period last year. Of total export earnings of US$446.2 million for the period, US$434.2 million came from total domestic exports, with 46.89 per cent attributed to non-traditional exports. The remaining US$12 million...