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Jamaica highlighted as prime location for films |
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Wednesday, 07 May 2008 |
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Jamaica's position as a prime location for films, and the benefits of the Co- Production Treaty with the United Kingdom (UK) were highlighted at a special information reception for UK film producers, hosted by Jamaica Trade and Invest (formerly JAMPRO), at the Jamaican High Commission in London on April 29.
The UK-Jamaica Co-Production Treaty was signed in April last year in Kingston and the UK Parliament ratified the agreement last November. The treaty provides a number of advantages, and productions are eligible to apply for UK Film Council funding and for the benefits of the UK's tax relief system. Films made as official co-productions are not required to pass the Cultural Test for British films. Trade Commissioner, Laurence Jones told the producers that the island's indigenous film industry has matured in recent years and that there were a number of experienced production houses that offered a wide range of services.
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Casino's costs far outweigh their economic benefits, economist |
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Tuesday, 06 May 2008 |
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In a study done in 2001 regarding the benefits of casinos in the United States, Earl L. Grinols, a University of Illinois economist came to the conlusion that the costs of casinos greatly outweighs the benefits. Does this study have any bearing on the Jamaican situation and context? His study was summarized by Mark Reutter and is visited below. - Although promoted as an economic development tool, casino gambling is a losing hand when subjected to rigorous cost-benefit analysis, a University of Illinois economist concludes.
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Middle Eastern investors interested in Jamaica |
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Monday, 05 May 2008 |
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Jamaica might not seem like the most obvious place for Middle Eastern money to go, but it has nevertheless been attracting an unusual amount of interest from Gulf investors. Gulf investors with an eye on the global tourism market have been probing the potential of a number of Caribbean locations and though a lot of money has gone into places such as the Dominican Republic, the Bahamas and the Caymans, Jamaica has not gone unnoticed.
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