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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.
Calls from Jamaica to other NANP nations, such as the U.S. and Canada, are dialed as 1 + NANP area code + 7-digit number. Jamaica has a fully digital telephone communication system. [1] Main lines: 265,000 lines in use, 123rd in the world (2011). [2] Mobile cellular: 2.7 million, 135th in the world (2012). [2]
Terms include free port (porto Franco), free zone (zona franca), bonded area (US: foreign-trade zone), free economic zone, free-trade zone, export processing zone and maquiladora. Most commonly a free port is a special customs area or small customs territory with generally less strict customs regulations (or no customs duties or controls for ...
3.11 Jamaica. 3.12 Mexico. 3.13 ... Tema Export Processing Zone; Shama Land Bank; ... Astromar Freezone - Astromar Free Trade Zone in India is one of the fastest ...
Farmers National Bank (disambiguation) First National Bank (disambiguation) First Nations Bank of Canada; First Niagara Bank, an American bank; Florida National Bank, an American bank; FNB Corporation, an American financial services corporation; FNB United Corp., an American bank holding company
The Bank of Jamaica (Jamaican Patois: Bangk a Jumieka) is the central bank of Jamaica located in Kingston. It was established by the Bank of Jamaica Act 1960 [ 3 ] and was opened on May 1, 1961. It is responsible for the monetary policy of Jamaica on the instruction of the Minister of Finance .
In 2000, Jamaica experienced its first year of positive growth since 1995 due to continued tight macroeconomic policies. [17] Inflation fell from 25% in 1995 to single digits in 2000, reaching a multidecade low of 4.3% in 2004. Through periodic intervention in the market, the central bank also has prevented any abrupt drop in the exchange rate.
FNB Corporation is a diversified financial services corporation based in Pittsburgh, Pennsylvania, and the holding company for its largest subsidiary, First National Bank. As of July 17, 2024, FNB has total assets of nearly $48 billion. [ 2 ]