|Good start at Karameh FZ The volume of goods entering or leaving the free zone near Al Karameh Border Center reached 110,000 tones valued at JD62 million by the end of last July. At present, 120 investors from Iraq, Saudi Arabia, Egypt, Kuwait, Syria, Ukraine, Pakistan, Romania and India, in addition to local investors have started business at the Karameh Free Zone. According to the Zone’s Director, Rizq Uleimat, infrastructure for the second stage, a 700-dunum area, will be ready by the end of this year to meet the needs of the increasing number of investors. |
Applying FTA with Singapore Ministry of Industry and Trade’s Secretary General Muntaser Oqla expects a boost in economic relations with Singapore after the free trade agreement between the two countries took effect on Monday. The agreement stipulates an increase in the commercial exchange volume and provides a chance to boost the exports volume.
Last year, the Kingdom’s exports to Singapore totalled JD1.4 million while imports were valued at JD8.6 million. JT launches new service In the aim of reducing national and international call charges, Jordan Telecom (JT) has introduced “Livebox” service, which is a Double Play (voice and Internet), based on ADSL and Next Generation networks. The service comes as part of a new generation of real-time customer services: Help line, e-billing and web-based customer care. Dissa Jaimokha, director of Operational Marketing at JT affirmed and said, “It will stimulate the growth of the Kingdom’s potential as a competitive call center location, through the use of new packet-switched technologies to offer lower costs for international connectivity from Jordan.”
Work permit fees to be raised The Labor Ministry has been active in a campaign against migrant workers found to be in violation of Labor Law regulations, and is also planning to raise work permit fees for non-Jordanian labor from JD180 to JD380 and that work permit fees at the Qualified Industrial Zones would be increased from JD300 to JD600. Currently there are an estimated 320,000 non-Jordanian workers in the country, while the unemployment rate among Jordanians stands at 13.4 percent.