Permanent Secretary in the Ministry of Industry, Investment and Commerce, Vivian Brown, says the Jamaica Global Logistics Hub represents a fresh opportunity to breathe new life into the country’s manufacturing sector. Mr. Brown, who was addressing the launch of the Jamaica Logistics Hub Symposium: ‘Transforming Jamaica’s Business Landscape’, held at JAMPRO’s head office in Kingston on January 9, emphasized that...

One of Jamaica’s leading researchers says that the country can earn up to US$7 billion annually by ramping up the production of limestone and its high value-added items for the local and export markets. Executive Chairman of Conrad Douglas and Associates, Dr. Conrad Douglas, in presenting research findings at a recent stakeholder symposium at JAMPRO’s New Kingston office, says that the...

Local and overseas investors will now find it easier to do business in Jamaica following the passage of the Companies (Amendment) Act on December 19 in the Senate. The Bill, which was passed in the Lower House on December 17, amends the Companies Act to authorise the use of a single business registration form in order to improve the ease...

Come January 2, persons can begin to register their collateral, including non-traditional assets, with the Security Interests in Personal Property (SIPP) Registry and also access the super form for ease of business transactions. Both instruments are being implemented by the Government through the Companies’ Office of Jamaica (CoJ). They form part of the Government’s business reform agenda, designed to enhance...

State Minister for Industry, Investment and Commerce, Hon. Sharon Ffolkes-Abrahams, has welcomed the growth of overseas-owned franchises in Jamaica, particularly entities partnering with local stakeholders. Such development, she said, is testament of the “attractiveness” of Jamaica’s market, and is a “positive signal to prospective investors, who may be considering Jamaica as a destination for other investments.” Mrs. Ffolkes-Abrahams was speaking...

Co-Chairman, Economic Programme Oversight Committee, Richard Byles, is urging members of the private sector to increase their investment in the country as part of efforts to boost the economy. He noted that this is crucial as the Government is contracting expenditure and borrowing less as part of its agreement under the US$932.3 million four-year Extended Fund Facility (EFF) with the...

The Ministry of Industry, Investment and Commerce (MIIC) has extended the deadline for submission of entries to the Logistics Hub Essay Competition from December 15, 2013 to January 17, 2014. All other conditions remain the same and persons who have entered before are allowed to revise and resubmit their essays. The competition is part of a continued thrust to heighten...