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The Scientific Research Council (SRC) has moved to position the nutraceutical industry as a viable business option for current and prospective entrepreneurs, as well as a platform to promote and advance healthy lifestyles in Jamaica. The Council, on Tuesday (November 3), launched its YES INVEST initiative at the Devonshire Restaurant, Devon House, St. Andrew, which aims to introduce and generate...

Minister of Industry, Investment and Commerce, Hon. Karl Samuda, says there is a need for more small businesses in Jamaica to produce goods and services for the export market. "We have never had the sense of urgency to develop businesses in a competitive way. We have seen the need to export in order to survive and, it is against that...

Industry, Investment and Commerce Minister, Hon. Karl Samuda, has called for more creativity in the manufacture of products that will give Jamaican Brand greater prominence in the global marketplace. He also urged producers of such goods to ensure that they register their products to avoid piracy and earn maximum returns on their investments. Mr. Samuda was speaking at the CoK...

Industry, Investment and Commerce Minister, the Hon. Karl Samuda, has underscored the importance of small business stakeholders utilizing the Internet in advancing their operations. To this end, he said efforts must be made to facilitate training in the use of this and other information and communications technology (ICT) applications, in order to boost their outputs and, by extension, those of...

The Wellness Cluster of the Jamaica Business Development Corporation (JBDC) will be hosting a business opportunities workshop on Thursday (October 15), at the Knutsford Court Hotel, New Kingston. Dubbed 'Business Opportunities in the European Natural and Organic Products Market', the workshop is geared towards highlighting major developments in the European natural products market and export opportunities for Jamaican companies. It...

Minister of Industry, Investment and Commerce, Hon. Karl Samuda, has said that all critical stakeholders must work together, to ensure that the vast potential that exists in rural communities are tapped into and developed. Mr. Samuda, who delivered the keynote address at the dedication of a sausage factory in Maggotty, St. Elizabeth, on Saturday (September 10), operated by the Catholic...

The Food Storage and Prevention of Infestation Division (FSPID) of the Ministry of Industry, Investment and Commerce destroyed some 118 bags of bakery flour, weighing just over 3.5 metric tonnes, which were infested with the red flour beetle (Tribolium castaneum), this week. The red flour beetle, which is common in Jamaica, primarily infests processed food items such as rice, flour,...

The National Union of Co-operative Societies Limited (NUCS), as part of activities to mark its 50th anniversary, staged an exposition at the office of the Department of Co-operatives and Friendly Societies, Kingston, on Thursday (October 8). The exposition was held under the theme, 'Co-operatives.The Way to Go.The Way to Grow', and featured over 20 booths displaying an array of products...

Minister of Industry, Investment and Commerce, Hon. Karl Samuda, has said that the tax collection process must be more flexible to encourage greater compliance. "It is common sense that if somebody doesn't have all the money you can get some of it now, (and) even though it's a bit late, you take it. So everything we do, we have to...

Minister of Industry, Investment and Commerce, Hon. Karl Samuda, has described heavy bureaucracy as a cancer of commerce, impeding development and crippling progress. "It frustrates an entrepreneur and, no matter how much money you have, or how many skills you have, as a young or seasoned business person, if you have to exist in an environment of bureaucratic impediment, you're...

Minister of Industry, Investment and Commerce, Hon. Karl Samuda, says the private sector needs to speak with one voice, as it seeks to strengthen its partnership with the Government, in order to make Jamaica a place of choice to do business. Mr. Samuda was speaking at a panel discussion on the findings of the joint World Bank/International Finance Corporation (IFC)...

Minister of Industry, Investment and Commerce, Hon. Karl Samuda, has called on players in the hospitality industry to support local manufacturers, whose products meet international standards. "There has been detected, a veiled resistance to support some of our well established manufacturing entities," Mr. Samuda told a press conference at his Ministry in Kingston on Tuesday (September 29). "We have been...