Showing posts with label Diaspora. Show all posts
Showing posts with label Diaspora. Show all posts

Sunday, February 1, 2015

6th Biennial Diaspora Conference planning underway

Saturday, January 31, 2015 | 10:59 AM    

KINGSTON, Jamaica – State Minister of Foreign Affairs & Foreign Trade Arnaldo Brown has recently met with the JAMPRO team to start preparation for another anticipated Diaspora Conference to be held in Montego Bay from June 13-18 at the Montego Bay Convention Centre.

With a record number of 1,500 attendees in 2013, this year’s Conference is set to be another record breaker and results-oriented event proving Jamaica and its Diaspora’s serious dedication to partnering for development.

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6th Biennial Diaspora Conference planning underway

Monday, December 29, 2014

Jamaica Mortgage Bank to offer services to the diaspora

Jamaicans living abroad will soon be able to access the services of the Jamaica Mortgage Bank (JMB) when investing in housing here.

According to JMB General Manager Courtney Wynter, the bank will be launching a new service that is expected to focus on the technical aspect of construction financing.

Speaking at a JIS Think Tank on December 9, Wynter explained that the bank has, over the years, amassed significant knowledge and expertise in mortgage and construction financing, which would be useful in providing project management services to people living abroad. This would include close monitoring of construction projects by the bank to ensure optimal output.

“Many retired people want to build a house in Jamaica. We see where they have had various issues and what we want to offer is project management services to ensure that when they return home, all is in place,” Wynter said.

He explained that by entering the project management market, the JMB would be tapping into one of the strengths of the organisation, which it has developed in its over 43 years of existence in the housing financing market.

He added that the JMB would also be offering the service to other institutions that provide financing, but which are not as strong on the monitoring and technical side.

Meanwhile, director of business operations at JMB, Hecton Hemans, outlined some of the critical success factors of the institution and how the entity believes that it can assist people in this area.

“The bank carries out a rigorous project risk analysis and technical evaluation exercise during the application and decision process for mortgage and construction financing,” he said. “When projects are approved, there is continuous monitoring and risk mitigation, and control mechanisms are put in place.”

He added that these will measure the critical elements, functions and milestones in the project implementation process.

Hemans said that the bank also provides technical and financial oversight of loan origination and housing development, not currently employed elsewhere in the wider construction financing market.

“We are promoting our technical services and a partnership-type arrangement with all clients to achieve a higher project implementation success rate, engender trust, customer retention and repeat business,” he said.

– JIS


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Jamaica Mortgage Bank to offer services to the diaspora

Tuesday, June 24, 2014

JSE looking to Jamaican Diaspora in Canada to grow business

The Jamaica Stock Exchange (JSE) will be targeting Canadian investors, especially those from the diaspora, to invest in companies listed on the exchange.    

Marlene Street Forrest, General Manager of the JSE announced on Thursday that the opportunity arose from the fact that the JSE was recently approved by Canada’s Finance Minister, Joe Oliver, as a designated stock exchange.

“What it means is that persons in the Diaspora purchasing equities on our market, the gain on those will not be subject to tax,” she explained.

Accordingly, she said, the Jamaican exchange “will try to make inroads into that particular achievement so as to continue to grow the market.”

Street Forrest also announced that the JSE is expecting as much as six new listings on the Junior Market this year. Those will follow five listings last year.

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JSE looking to Jamaican Diaspora in Canada to grow business

Tuesday, December 31, 2013

VIDEO: Shaggy appeals to diaspora to help Jamaica

News

BY RICHARD JOHNSON Senior staff reporter johnsonr@jamaicaobserver.com Tuesday, December 31, 2013

SHAGGY is calling on Jamaicans in the diaspora to contribute to causes here at home, such as his Make A Difference Foundation, which supports the Bustamante Hospital for Children in St Andrew.The reggae/dancehall artiste explained that there are more Jamaicans living overseas than there are here at home, and added that for the most part, the Jamaicans overseas are in better financial positions than their local counterparts, and are therefore in a better position to offer assistance to the less fortunate.“The majority of our population is poor; whole heap a dem over deh so have money. Dem inna better job, better situation. They can engage, but part of the problem is half of them are scared. Dem don’t want to come down here for a cause because they are terrified… it’s as simple as that.To mobilise the diaspora is hard,” he told yesterday’s Jamaica Observer Monday Exchange. He bemoaned the fact that the majority of the Jamaicans living overseas do not have a connection with the island as many have not visited in a while, therefore getting the message to them regarding causes similar to the Bustamante Hospital for Children is hard unless they visit.“Much like how we have leaders in Jamaica who take a stand on certain issues and push things, you don’t have community organisers in the Jamaican diaspora that are active… who are just at it.You just kinda find a man who will say ‘mi a yaadie’, wear the colours and a it dat and big up themself when Bolt a run. For us to have a strong Jamaican or Caribbean voice we need organisation, we need people to be actively supporting causes in Jamaica,” said Shaggy, whose concert in aid of the Bustamante Hospital for Children is scheduled for this Saturday in Kingston.He is calling on Jamaican companies operating overseas to come forward and support causes here at home to help offset the strain brought to bear on the local private sector, which is already operating in a difficult economic climate and has to bear the brunt of the requests for assistance from local charities.“There are Jamaican companies overseas that make millions of dollars. I am encouraging them to set up a fund and allocate certain monies to certain Jamaican charities,” said Shaggy.Shaggy gesticulates as he addresses yesterday’s Jamaica Observer Monday Exchange. Also photographed are artistes Assassin (left) and Matthew Schuler. (PHOTOS: NAPHTALI JUNIOR)Reggae artiste Shaggy (second left) and fellow artistes Assassin (left), Matthew Schuler (fourth left), Wayne Marshall (second right) and Don Schuler (right), as well as Dr Lambert Ennis, head of anaesthesia and intensive care at the Bustamante Hospital for Children give the thumbs up to this wekened’s Shaggy and Friends concert during yesterday’s Jamaica Observer Monday Exchange. (PHOTO: NAPHTALI JUNIOR)

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VIDEO: Shaggy appeals to diaspora to help Jamaica

Wednesday, July 10, 2013

Tufton tables questions on recent diaspora conference

News

Wednesday, July 10, 2013

OPPOSITION spokesman on foreign affairs and foreign trade, Dr Christopher Tufton, has tabled questions in the Senate seeking information on the benefit of the recent Jamaica Diaspora Conference in Montego Bay.Among the queries is how many overseas-based participants attended the recently concluded conference, which was held in Montego Bay, St James, from June 16 Additionally, the former minister of agriculture, and minister of industry and commerce under the previous Jamaica Labour Party Administration is seeking answers to:* How many of the attendants were prospective investors, delegates, and other categories of special interest stakeholder group?* What was the cost to the government for staging the event?* What were the main conclusions and specific plans agreed to, coming out of the conference?* What timelines were established for targeted plans and programmes coming out of the decisions arrived at the conference? and* How does the government intend to ensure that these timelines for policies and programmes implementation are kept?The Biennial Jamaica Diaspora Conference, convened by the Ministry of Foreign Affairs and Foreign Trade, is the global forum that connects Jamaicans from all over the world with Jamaicans in the home country.The event seeks to strengthen existing linkages and networks and to build alliances for Jamaica’s development and standing in the world.TUFTON… seeking to find out, among other things, how many people participated in the conference

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Tufton tables questions on recent diaspora conference