Some of the best moments of Nearshore Nexus ’13 happened on the fly – during networking breaks, on the way to sessions, in hallways, at lunch or during our closing “Nexus After Dark” reception. Our team has gathered the best photos from those moments here in one album on our Facebook page – take a look and recall the great memories!
View Slideshow: Business Networking at Nearshore Nexus
JAMPRO Wins UN Recognition for Investment Promotion
April 30th, 2013By Narayan Ammachchi
Jamaican national investment and export promotion agency (JAMPRO) has won a UNCTAD award for successfully promoting export-oriented foreign direct investment (FDI).
The awards was given away at a special ceremony held in Geneva, Switzerland on April 29.
Sharing the award with JAMPRO were the Investment and Development Agency of Latvia and the Public Authority for Investment Promotion and Export Development of Oman.
At the event, the UN agency lauded JAMPRO’s successful effort in attracting foreign investment despite recession in much part of the world.
Runners-up for this year’s awards included Copenhagen Capacity (Denmark), the Export and Investment Centre of the Dominican Republic, the Board of Investment of Mauritius, ProMéxico, ProNicaragua, Trade and Investment South Africa, and the Innovation and Development Agency of Andalusia (Spain).
“Government policymakers and their investment promotion agencies (IPAs) have therefore been keen to get in on the action …
Jamaica to Inject $20 million to Strengthen ICT
April 23rd, 2013By Narayan Ammachchi
The Development Bank of Jamaica (DBJ) has agreed to lend $20 million to the Jamaican government for the construction of dozens of Information and Communications Technology (ICT) centers across the Caribbean country.
Peter Phillips, minister of finance and planning, told the House of Representatives that the ICT centers will create between 7000 and 8000 jobs for the Jamaicans.
The minister made it clear that these estimates do not include other jobs to be created when the private investors chip in. He said the new funds will further bolster ICT infrastructure and create an atmosphere for foreign companies to take part in the country’s growth.
Dr. Phillips noted that ‘there is no limit to what Jamaica can achieve in ICT’ and urged private investors to join in.
The Finance Minister also encouraged investors to contribute to the ‘logistics hub’ initiative. The project, which seeks to take advantage of the expansion …
Keynoter: Joe Nocera of the New York Times
We’re extremely proud to be putting the final touches on the Third Annual Nearshore Nexus conference – where more than two dozen carefully selected speakers, an all-star collection of 18 sponsors (we’re at capacity on sponsorship) and business representatives from some of the biggest names in the Fortune 1000 will join us for robust debates on the most important trends in services, innovation and Latin America market expansion.
Announcing the Power 50 2013: The Real Operators
March 25th, 2013
Members of the third annual Nearshore Americas Power 50 Ranking – announced here today – demonstrate the real character of this emerging, chaotic and scrappy young industry. The ranking, which is the result of a five-month nomination and review process, strives to bring to light the spark and inspiration that powers the Nearshore business community. The list is remarkable for several reasons.
Analyst Sanchez: Almost no competition
By Narayan Ammachchi
When they flew to the Caribbean islands back in 2004, the founders of Columbus Communications had only a few million dollars in the bank. But in the world of telecoms (an industry renowned for mega-wealth, think Carlos Slim, and mega-losers like Bernie Ebbers), fortunes can be created in surprisingly short periods of time. Fast forward nearly eight years and Columbus is a carrier that is flying high across the Caribbean and now into Central America. Just about every telecom carrier in the region is a client and Columbus is now worth an estimated $2 billion.
Nexus 2013: An Unstable U.S. Seeks the Steadiness of Latin America
February 25th, 2013
Nearshore Nexus – the premiere conference for the exploding world of Latin America and Caribbean IT innovation and accelerating business process services – is returning to the New York City area on April 24 and we’re extending a special offer for IT, procurement and sourcing decision-makers to join us!
Nexus is calling on outsourcing ‘buyers’ (corporate or small business executives in IT, finance, procurement, or sourcing) to participate in this very special, very exclusive conference. We are offering a 25% ‘early bird’ discount for buyer executives. Go here to request an access code invitation to Nexus, and we’ll process your request. (Buyer executives can come from any nation in the Americas, or from any other part of the world, for that matter.)
Going on its third year of operation, Nexus is specifically designed to harvest the best ideas and brightest opportunities …
JAMPRO President Bennett Templer to Step Down
February 12th, 2013
BY STAFF REPORT
Sancia Bennett Templer, President of Jamaica’s trade promotion body JAMPRO, is stepping down after seven years of service. Over the past several years, she played a pivotal role in expanding the country’s IT services and outsourcing industry, which has generated thousands of jobs for professionals in the Caribbean country.
Jamaica’s Development Bank Targets $20 Million in ICT Financing
January 14th, 2013BY STAFF REPORT
The Development Bank of Jamaica (DBJ) has reportedly agreed to finance construction of infrastructure facilities for ICT companies which the Jamaican government believes will generate up to 10,000 jobs over the next three years.
In her recent national broadcast, Prime Minister Portia Simpson Miller said the Bank had set aside US$20 million to finance the construction.
According to the prime minster, Factories Corporation of Jamaica (FCJ) has set about building 300,000 square feet of space for ICT and logistics related activities and the construction is slated to be completed in three year’s time.
This is just the latest ICT investment project in Jamaica. The Caribbean country has been strengthening its infrastructure as it is determined to draw an increasing number of outsourcing companies into its territory.
According to local newspapers, Jamaica is also pursuing energy diversification and conservation strategies, and the …
Jamaica Ratifies a Stronger Copyright Registration System
December 19th, 2012BY STAFF REPORT
Jamaica has unveiled a new copyright registration system that allows companies to register voluntarily with the government to claim ownership on their product.
The government stated the new system would put an end to “longstanding” complaints in the country over copyright violations, and would benefit the creative industries.
Powerful and comprehensive copyright law has long been overdue in Jamaica.
“Creators, or their authorized agents, of a piece of work (whether it be literary, dramatic, musical, artistic, film, computer software), will be able to apply to JIPO for registration of copyright by completing two forms and submitting a digital copy of the work,” stated the Jamaica Intellectual Property Office (JIPO) in a press release.
The system will not only give companies a proof of copyright ownership but also benefit the economy as a whole, said Reginald Budhan, Permanent Secretary in the Ministry of Industry, Investment and Commerce.
JIPO has, …
