June 24, 2013
Reposted from Jamaica Observer
JAMAICA is trying to position itself as the next hub of global animation, a growing industry that generated more than US$100 billion last year.
Officials hope that the international animation industry can create thousands of jobs for young artists in Jamaica, where good jobs have long been scarce.
On Thursday, a conference on animation drew dozens of Jamaican hopefuls and industry leaders such as Bento Box, a California-based company and leading animation producer for broadcast and cable networks. More…
May 16, 2013
Reposted from The Gleaner
By Sandra Glasgow, Contributor
A 12-person delegation, headed by Julian Robinson, minister of state in the Ministry of Science, Technology, Energy and Mining, has just returned from a four-day visit to Santiago, Chile, to see first-hand how that country is developing a robust ecosystem for entrepreneurship and innovation. More…
May 11, 2013
Reposted from DW.DE
The International Monetary Fund has granted Jamaica a much-needed economic lifeline. In return, the island – one of the most indebted countries in the world – needs to get a grip on its rampant public spending.
Inside a Cambio (currency exchange – the ed.), as the customers wait in line, the talk quickly turns to the exchange rate. In a country where many depend on remittances sent by family from the US, Canada and the UK the country’s sliding dollar is a worry. “It’ll soon be J$100 to $1US, watch my words,” says an old man; a woman interrupts to add that it won’t stop there, as everyone looks at the board showing the exchange rate. More…
April 25, 2013
Reposted from go-jamaica.com
Energy Minister Phillip Paulwell announced today that construction of facilities for new electricity generating capacity for Jamaica will begin this year.
Addressing the issue of the high cost of electricity in Parliament this afternoon, Paulwell said that following a failed bid process, the Office of Utilities Regulation (OUR) had received unsolicited proposals for 14 discrete projects from five entities.
Those, he said, have been evaluated for firmness of the proposals, overall price and impact on retail prices, timeliness of implementation and overall feasibility. More…
April 24, 2013
Reposted from GoJamaica.com
Finance Minister Dr Peter Phillips says a World Bank mission is expected in Jamaica in May to continue work on the new Country Partnership Strategy.
The initiative will provide support for the Government’s efforts to increase economic growth, create jobs and fight poverty.
Speaking with the Jamaica Information Service in Washington, Phillip said consultations have already started on a new programme for Jamaica, which will be launched later this year. More…
April 22, 2013
Reposted from The Guardian
The latest IMF loan does not ‘rescue’ Jamaica, whose debt must be written off if its people are to take control of their economy
Many people in Jamaica would have trembled as they read the financial press last week, telling them that their country is, again, due to be “rescued” by a loan package put together by the International Monetary Fund (IMF). More…
March 13, 2013
Reposted from The Jamaica Observer
The ICT industry in Jamaica is expected to grow rapidly
BY GAUNETTE SINCLAIR-MARAGH
IT is extremely heartwarming that Jamaica was considered for the development and operation of a medical tourism facility in St James. This ‘five-star’ facility by the American Global MD is welcoming news for Brand Jamaica. Medical tourism has the potential to improve Jamaica’s economy through the dynamism of such a combination of health care services and vacation; promoting health care services and a facility to attract tourists from around the world. It will enable persons to come to Jamaica to obtain health care in a leisurely setting. What a wonderful combination! More…
March 10, 2013
Reposted from Gojamaica.com
For Jamaica to successfully position itself as one of the global economy’s major logistics hubs, it must establish itself as a vital link within global value chains. This was the message from Mrs. Pat Francis, Executive Director of the International Trade vCentre (ITC) as she addressed private and public sector leaders at a breakfast briefing hosted by the Jamaica Chamber of Commerce in Kingston on Thursday, March 7. More…
February 18, 2013
Reposted from The Caribbean Journal
By Alexander Britell
PORT-AU-PRINCE, HAITI — Political leaders from across the Caribbean Community have begun arriving in Haiti for the 24th Intersessional CARICOM Meeting of the Heads of Government summit that begins here tomorrow.
It is the first time Haiti, which assumed the CARICOM Chairmanship at the beginning of 2013, has hosted the meeting. More…