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Minister of Industry, Investment and Commerce, Hon. Karl Samuda, has said that the government must move away from the watchdog approach in the regulation of the business sector, noting that rules need to be less stringent in order to allow businesses to thrive. "We must trust business. We must begin to move away from the watchdog approach and the application...

As part of efforts to highlight the significance of young entrepreneurs to the nation's development, a week dedicated to that group will be observed from November 21 to 26. Hosted by the Young Entrepreneurs Association of Jamaica (YEA), 'National Entrepreneurs Week' will turn the spotlight on young business owners. Through a slew of activities across the island, the week of...

Permanent Secretary in the Ministry of Industry, Investment and Commerce, Reginald Budhan, says Jamaica recorded some US$39 million in earnings from non-traditional domestic exports, between January and May this year. This is a 17.4 per cent increase in domestic export earnings over the same period of 2009, and against the background of a 2.3 per cent decline in exports over...

Minister of Industry, Investment & Commerce Karl Samuda met with Executives of the Jamaica Manufacturers Association (JMA) as part of an initiative to strengthen consultations with that sector and to resolve issues as they arise. The meeting, held at the Ministry, discussed a range of issues critical to the sector including energy costs, factory space and opportunities under the Caribbean...

Energy and Mining Minister, Hon. James Robertson, met with stakeholders in the bauxite/alumina industry earlier this week as the government looks at measures to reposition the sector to make it more energy efficient through the use of Liquefied Natural Gas (LNG) as an alternative fuel. Minister Robertson, who spoke to JIS News at his New Kingston office, said that the...

Minister of Finance and the Public Service, Hon. Audley Shaw, has called on the Commonwealth to give special consideration to critical issues affecting small vulnerable economies, such as Jamaica. He made the call during a special presentation at the recently concluded Commonwealth Finance Ministers' Meeting in Washington D.C. Speaking on the theme, "Addressing the Debt Challenge in Small and Vulnerable...

The "Made in Jamaica Catalogue" was endorsed Wednesday (October 27) as part of efforts to further promote and advertise local sellers, suppliers and investors, particularly to overseas markets. The product, which was conceptualised and created by entrepreneur, Deika Morrison, has been endorsed by several public and private sector agencies and corporations, including the Ministry of Industry, Investment and Commerce, Jamaica...

The "Made in Jamaica Catalogue" was endorsed Wednesday (October 27) as part of efforts to further promote and advertise local sellers, suppliers and investors, particularly to overseas markets. The product, which was conceptualised and created by entrepreneur, Deika Morrison, has been endorsed by several public and private sector agencies and corporations, including the Ministry of Industry, Investment and Commerce, Jamaica...

A Jamaican jerk sauce, "Barbecue Madness", was named "Best Sauce" at the 14th annual Americas Food and Beverage show, which ended Wednesday (October 27) at the Miami Beach Convention Center in Florida. The sauce was among a number of entrants in the category, "Sauces and Condiments of the Americas", at the two-day Expo. Bertram and Rana Banton of BnRs Holdings,...

Minster of Industry, Investment and Commerce, Hon. Karl Samuda, is urging local manufacturers to take advantage of non-traditional areas, where they can fill the need for goods and services. Speaking at the Jamaica Manufacturers' Association's (JMA) 42nd annual awards banquet at the Wyndham New Kingston Hotel on Wednesday (October 27), Mr. Samuda, who was deputising for Prime Minister Bruce Golding,...

More local foods will be available to Jamaicans living in Canada, as a Jamaican company is set to increase exports of its popular products to that market. Canco Ltd., which cans food products under the label, 'Linstead Market' will be stocking Canadian stores with canned ackees, callaloo, breadfruit and soups very soon. Managing Director of Canco Ltd., Norman McDonald was...

Minister of Industry Investment and Commerce, Hon Karl Samuda, has stated that there are several industries in which Jamaica could make use of preferential arrangements in the United States that are not being exploited. Making reference to the Caribbean Basin Initiative (CBI), Mr. Samuda said that Jamaica had "taken its eyes off the ball" with regards to fully exploiting that...