Diverting TEF Funds to Finance Tax Package Counterproductive Says JHTA

KINGSTON, JAMAICA, April 10-The suggestion that the TEF should contribute 50% of its receipts toward financing the Government's $1.5 million income tax break is well intentioned but does not fall within the mandate of the TEF, says the JHTA.

"The funds from TEF are essential in maintaining the competitiveness of the tourism sector, its growth and other critical initiatives such as the Tourism Linkages Hub which aims to achieve a reduction in imports and to better build the absorptive capacity of Jamaican businesses to benefit from tourism" the Association said.

The decision in 2004 when the TEF was established was to have a dedicated fund paid directly by visitors to the island on their airline tickets to maintain the tourism product and fulfil the mandate of the Tourism Master Plan to build out a tourism industry that has both competitive and comparative advantage. In effect this would reduce dependence on the Consolidated Fund by the Ministry of Tourism and in turn, the Jamaican taxpayer.

Just over US$40 million is collected by the TEF annually, of which 50% is used to market the destination while the other 50% is used to maintain and develop the tourism product to improve the destination's attractiveness island-wide and increase visitor arrivals and expenditure.

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JHTA to Host Fourth Annual Charity Golf Tournament

Montego Bay, Jamaica April 14-The Jamaica Hotel and Tourist Association will host its fourth annual charity golf tournament at Cinnamon Hill come Sunday, April 17.The event which is led by the Montego Bay chapter of the JHTA attracts hundreds of amateur and pro golfers over the years.

"The tournament raises funds for a number of charities across Montego Bayincluding: Save the Child, Montego Bay Freeport Project and House number 10 at the SOS Children's Village. Through proceeds raised from the tournament we have been able to do remarkable work in these institutions along with the Tower Hill Basic School where over $2 Million dollars was spent to renovate the Tower Hill Basic School.That work aligns perfectly with the JHTA'S corporate social responsibility values and our tradition of supporting the nation's more vulnerable and those who support them," said Omar Robinson, Vice-President of the JHTA.

On Sunday, April 17 local golfers will play against their counterparts and gain bragging rights as the winners for this charitable event. While only a few slots are available, golfers can still be accommodated. The event will continue into the evening with a corporate mingle and special performances by Cindy Lewis, formerly of Byron Lee and the Dragonnaires and the Bung Guh Lhung Steel Band.

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A Guide to Jamaica’s Trade Agreement: Opportunities for the Agricultural Sector

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JAPEX 2016 Launched

KINGSTON, JAMAICA, April 13- The 26th staging of the internationally renowned Jamaica Product Exchange was launched on Tuesday, April 12 at the Jamaica Pegasus Hotel in Kingston. Organisers of the event, the Jamaica Hotel and Tourist Association (JHTA) and the Jamaica Tourist Board (JTB) highlighted the event's focus on providing a platform for players in the tourism industry to network and showcase their products and services.

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