Letterkenny businesses are set to make hay while the sun shines over the July 12th period.Letterkenny has much to offer visitors with 25% allowed on sterling.Retailers are once again displaying their exchange rate in bright pink letters as the Sterling/Euro exchange rate moves in favour of traders in the Cathedral Town.And they are all set to reap the rewards just in time for the twelfth fortnight to attract the many Northern Ireland customers who visit during this time. Gerard Grant, Letterkenny Chamber President said the value is certainly in favour of the customer.“There is so much value to be had at the minute across Letterkenny and if a customer is using sterling they will get even more for their money. On the border the exchange rate fluctuates all the time but we are ready to take full advantage of the exchange rate at this time.“By all accounts it looks like it will remain like this for a while so that’s good news for Letterkenny. Over the 12th fortnight we generally see many visitors and holiday makers from Northern Ireland and we hope that the exchange rate gives them an opportunity to shop and spend time in Letterkenny.”Letterkenny Chamber under its Shop LK brand has produced a poster for participating shops which very simply tells customers that the shop offers a rate of £1 = €1.25 in vibrant pink. These have been distributed around independent retailers who will proudly display them on their shop windows.Gerard continue that this is Letterkenny’s time to make hay while the sun shines!“We want to welcome back all our Northern customers to re-discover what Letterkenny has to offer. This town has a great shopping reputation and we are keen to keep our loyal customers and to attract back those who may not have been here for a while and the Summer is the best time to experience all that Letterkenny has to offer.”Letterkenny offers a great shopping experience with its traditional Main Street, the shopping centres, the retail parks and lots more in between.And after a few hours shopping there’s lots of places to relax for a coffee, a meal or for family entertainment. This exchange rate campaign will last well into the Summer so keep out an eye for the bright pink signs. LETTERKENNY TRADERS GOING PINK AGAIN FOR THE TWELFTH! was last modified: July 7th, 2014 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)Tags:donegalletterkennyPinksterling July 12thtraders
Minister of Industry, Investment and Commerce, Hon. Anthony Hylton, is encouraging members of the Consular Corps to assist in attracting investment from the global trading community, in the development of Jamaica’s global transshipment and logistics hub. Mr. Hylton extended the invitation during an awards dinner hosted by the Consular Corps of Jamaica for visiting directors of the World Federation of Consuls at the Wyndham Hotel in Kingston on Friday (January 25). “We know that this logistics hub, will extend the reach and borders of our traditional industries while facilitating the growth and development of new and diversified industries that will move the country further up the global value chain. We invite your partnership and support as we seek to take our big idea to the world,” he said. “You can help us in a number of ways, spread the word, tell your network of influencers in your respective jurisdictions that Jamaica is a global asset. Tell them that we are open for their ideas and their investments; tell them that there is a first mover advantage if they move now and if they do so quickly,” he added. [RELATED: Logistics Hub to Stimulate and Sustain Growth – Minister Hylton] Mr. Hylton said the development of the hub, which is estimated to cost between US$7 billion and US$8 billion, over a five to 10 year period, is being spearheaded by the Government in an effort to position Jamaica to take advantage of the anticipated increased maritime activities, expected to result from the expansion of the Panama Canal by 2015. The Minister said the development of the hub would make it the fourth such facility globally, along with those in Singapore, Dubai, United Arab Emirates and Rotterdam, Netherlands. Central to the development are: dredging of the Kingston Harbour; expansion of the Port of Kingston; development of the Caymanas Economic Zone, a transshipment commodity port, and Vernamfield in Clarendon as an air-cargo and passenger facility; and establishment of a dry dock facility. The Minister highlighted that Jamaica is ideally positioned for the establishment of the hub, based on its location, midway between North and South America, and in relative proximity to the Panama Canal. He said the island is already a major transshipment corridor and is the leading transshipment point for containerized cargo to the Caribbean, North and South America. Mr. Hylton said the plan is to expand the current infrastructure and to add new facilities, services and arrangements in order to create a cohesive network of logistics and shipping facilities that will position Jamaica to become the fourth such facility. “Jamaica’s surplus of professional and skilled workforce will be a primary factor in the success of Jamaica’s logistics hub and the corollary initiative such as the establishment of an international financial services centre. We will also be relying on our robust and expansive telecommunications infrastructure across the island as well as our extensive subsea fibre network,” he added. The newly elected board of directors of the World Federation of Consuls, a global network of Consular Associations created to support and improve the status, legitimacy and effectiveness of all consular officers in all receiving States, has been in Jamaica from January 23 to 26 for its second board meeting of which Arnold Foote has been presiding over.
zoom The German Fair Trade Commission has approved the acquisition of Blohm+Voss shipyard in Hamburg by German shipbuilder Lürssen Maritime Beteiligungen.With the acquisition, Lürssen said it aims to strengthen its portfolio of services for repair and refit of yachts, naval and commercial ships as well as to enhance its naval new build activities.“With the decision from the German Fair Trade Commission, we are a major step closer to achieving our goal and we are now able to face future challenges of the difficult market environment together with Blohm+Voss. We now have the opportunity to gain a comprehensive insight into the existing shipyard structures and to instigate primary steps for our future cooperation,” Peter Lürssen, Managing Partner of Luerssen Maritime Beteiligungen, said.Following the official approval by the commission, Lürssen can now combine six shipyards with around 2,800 employees in Northern Germany.During the approval process, the new owner has not been able to see or review detailed information on the internal organizational structures and processes within Blohm+Voss.“Over the coming weeks we will concentrate on exchanging information with our new employees on site in Hamburg in order to get a concrete picture on the ground, and on this basis, step by step, we will develop and implement the initial processes to connect the Hamburg shipyard to our group,” Klaus Borgschulte, Technical Director at Lürssen Werft, said.Founded in 1875, Lürssen’s primary activity is the design and manufacturing of yachts over 60 meters in length and naval and coastguard ships.