Caribbean Countries Urged to Be Diligent in Negotiating Foreign Direct Investments

Jamaica’s Special Investment Ambassador to India, Senator Aubyn Hill, says Caribbean countries need to be diligent in negotiating foreign direct investments to ensure they secure offers that are in their best interest.Citing the People’s Republic of China which has invested heavily in the region, as an example, Senator Hill emphasised that Caribbean countries’ should seek to maximise in this development by leveraging their comparative advantages to, among other things, attracting tourists from the Asian nation, while highlighting the need to bolster trade with in order to boost exports.He was speaking on the theme ‘The C Factor: Optimizing China’s Role in the Caribbean’ during the Institute of Chartered Accountants of the Caribbean (ICAC) 37th Annual Conference, held recently at The Jamaica Pegasus hotel in New Kingston.Meanwhile, Senator Hill, who is also Chief Executive Officer of the Economic Growth Council (EGC), said recent loan negotiations between Jamaica and China, containing provisions for Jamaican subcontractors to be named, are demonstrative of the extent to which the country is able to benefit from the multiplier effect of investments.This, he added, is a significant precedent to ensure that other potential investors are aware that with their investment, there needs to be local subcontracting and knowledge transfer, adding that “you must negotiate well when you are negotiating”.The ICAC Conference, which was hosted by the Institute of Chartered Accountants of Jamaica (ICAJ) at The Jamaica Pegasus hotel in Kingston on July 20 and 21, attracted approximately 600 of the region’s accounting and business professionals.Key focus areas for discussions were information technology; education; business best practices; climate change; trade; and health. He was speaking on the theme ‘The C Factor: Optimizing China’s Role in the Caribbean’ during the Institute of Chartered Accountants of the Caribbean (ICAC) 37th Annual Conference, held recently at The Jamaica Pegasus hotel in New Kingston. Citing the People’s Republic of China which has invested heavily in the region, as an example, Senator Hill emphasised that Caribbean countries’ should seek to maximise in this development by leveraging their comparative advantages to, among other things, attracting tourists from the Asian nation, while highlighting the need to bolster trade with in order to boost exports. Story Highlights Jamaica’s Special Investment Ambassador to India, Senator Aubyn Hill, says Caribbean countries need to be diligent in negotiating foreign direct investments to ensure they secure offers that are in their best interest. read more

Variety to host diversity conference Pharrell to speak

Variety to host diversity conference, Pharrell to speak FILE – In this Feb. 28, 2016 file photo, singer Pharrell Williams arrives at the Oscars in Los Angeles. Williams will speak at a conference hosted by Variety on Nov. 1, to discuss solutions to Hollywood’s lagging record in diversity. (Photo by Dan Steinberg/Invision/AP, File) by Jake Coyle, The Associated Press Posted Sep 26, 2016 9:46 am MDT Last Updated Sep 26, 2016 at 10:40 am MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email NEW YORK, N.Y. – Variety will host a conference of film executives and stars to discuss solutions to Hollywood’s lagging record in diversity.The conference, which Variety is to announce Monday, will include keynote conversations with Donna Langley, chairman of Universal Studios, and Pharrell Williams. The singer-producer is co-composing the score for the upcoming “Hidden Figures,” a film about African-American mathematicians working for NASA in the early 1960s.Dubbed “Inclusion,” the conference is to be held Nov. 1 in Beverly Hills, California. It will include a number of panels focused on finding ways to support underrepresented groups in film and television.“There is no issue in Hollywood more important and relevant than diversity and inclusion,” Michelle Sobrino-Stearns, group publisher of Variety, said in a statement.Age discrimination is also a planned discussion topic at the conference, co-sponsored by AARP. As a way to combat age discrimination, California Gov. Jerry Brown on Saturday signed legislation to require websites like IMDb to remove an actor’s age upon request.“We hope the dialogue at the Variety conference will lead not only to greater awareness of the issue, but to more and better opportunities for talented actors, producers, directors and others in the creative community — whatever their age,” said Jo Ann Jenkins, AARP chief executive. read more