World Trade Organization (WTO), Director General, Ambassador Roberto de Azevêdo, says Jamaica is well placed to develop the services sector which, he notes, is an area that can provide sustained economic growth. Trade in services remains an important economic activity for Jamaica and is a priority for the country in the Doha Round negotiations. The services industry in Jamaica continues...

The House of Representatives, on Tuesday (January 19), passed two Bills, which are critical in positioning the country to become a major player in the US$7 trillion International Financial Services (IFS) sector. They are the Limited Partnership Act and the General Partnership Act.  Minister of Industry, Investment and Commerce, Hon. Anthony Hylton, who piloted the Bills, said they form part...

American micro loan and pawn company, CashWiz Holdings Limited, is targeting investment of just over $960 million (US$8 million) to expand its local operations to at least 12 stores, by the end of 2016. Currently, the entity, which operates locally under the name CashWiz Jamaica, with its head office in Montego Bay, has other outlets on Half Way Tree Road...

The Scientific Research Council (SRC) is using tissue culture to increase the quality and yield of the sugar loaf and other types of pineapples in Jamaica. The Council has been mass producing the planting materials, in an effort to increase its availability for sale to local farmers. Executive Director of the SRC, Dr. Cliff Riley, told JIS News that the...

The Consumer Affairs Commission (CAC) is urging consumers  to be very cautious when considering  same day loans, also referred to as payday loans or quick loans. Director of Communication at the CAC, Latoya Halstead, told JIS News in an interview, that while these loans might seem attractive, it is important that consumers ensure that the deals being offered are realistic...

Communications Specialist at the Consumer Affairs Commission (CAC), Dorothy Campbell, is urging citizens to adopt safe practices as they do their shopping and go about their various activities during the festive season. “One of the things that we at (the CAC) want to remind consumers about is safety during the Christmas season. Safety covers everything that you do within the...

The Consumer Affairs Commission (CAC) is urging consumers to spend wisely during the holiday season. Communications Specialist at the CAC, Dorothy Campbell, tells JIS News that before any holiday related purchase is made, the family should first meet to plan a budget for spending. She explains that this exercise will enable family members to distinguish between needs and wants, and...