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The major oil companies are still delaying the fleet replacement requirement of retiring single hull vessels mandated by OPA. For example, Exxon and Texaco have delayed the replacement of their single hull vessels for new double-hulled ships. However, companies like Chevron and Mobil have ordered two new double hull tankers. Leading by example ...
Tourism and mining are the leading earners of foreign exchange. Half the Jamaican economy relies on services, with half of its income coming from services such as tourism. An estimated 1.3 million foreign tourists visit Jamaica every year. [1]
After achieving independence from the United Kingdom in August 1962, Jamaica immediately established its foreign ministry, then known as the Ministry of External Affairs. In 1976, the government changed the ministry's name to the Ministry of Foreign Affairs and eventually added "and Foreign Trade" sometime later to reflect the full scope of its mission.
The Jamaican Free Zones are a government free trade zone initiative in Jamaica.Designed to encourage foreign investment and international trade, businesses operating within these zones have no tax on their profits, and are exempted from customs duties on imports and exports (capital goods, raw materials, construction materials, and office equipment) and import licensing requirements.
The OPA is featured, in fictionalized form as the Bureau of Price Regulation, in Rex Stout's Nero Wolfe mystery novel The Silent Speaker. The OPA unsuccessfully tried to revoke the car dealer license of unorthodox businessman Madman Muntz for violating used car regulations, subject to price control. Muntz was acquitted in Los Angeles Superior ...
Jamaica Deposit Insurance Cooperation; Caymanas Track Limited; The Betting Gaming & Lotteries Commission (BGLC) Tax Administration (TAJ) Statistical Institute of Jamaica (SIOJ) Planning Institute of Jamaica (PIOJ) Jamaica Customs Agency (JCA) Bank of Jamaica (BOJ) Accountant General's Department; Ministry of Foreign Affairs and Foreign Trade [3]
Reform business entity classification rules for foreign entities: Under the proposal, a foreign eligible entity may be treated as a disregarded entity only if the single owner of the foreign eligible entity is created or organized in, or under the law of, the foreign country in, or under the law of, which the foreign eligible entity is created ...
The Petroleum Corporation of Jamaica was established in 1975 as State Energy Corporation under the Ministry of Mining and Energy and changed its name in 1979 by the Petroleum Act. The company built its headquarters during the 1980s. The building was inaugurated in 1987 and described as a "very energy efficient" building. [1]