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Special Projects Manager of the Petroleum Corporation of Jamaica (PCJ), Dr. Raymond Wright, has endorsed the statement attributed to Sagres Energy, the parent of Canadian firm, Rainville Energy, that the seismic structure indentified by the company in Jamaican waters was very significant and "could contain up to 3 billion barrels of crude oil." In an interview with JIS News, Dr....

The Companies Office of Jamaica (COJ) has announced that, by August 2011, the entity will be fully electronically friendly and more accessible to its customers. Speaking with JIS News, Compliance Manager at the COJ, Heather Sutherland, said that by March next year, clients will be able to register some documents online and will be able to do full online registration...

Minister of State for Industry, Investment and Commerce, Hon. Michael Stern, has said that consumer advocacy groups must step up their efforts if they are to remain effective in this era of e-commerce. Mr. Stern was speaking yesterday (Aug. 11), at the annual general meeting of the National Consumer League, held at the Petroleum Corporation of Jamaica (PCJ) Auditorium in...

Minister of Industry, Investment and Commerce, Hon. Karl Samuda is urging businesspeople in Canada to look to Jamaica, noting that the country has a lot to offer investors. "Jamaica is a stable country willing to participate as a partner in business. We have basic infrastructure that meets international standards and we have a workforce that is among the best in...

The Hon. Karl Samuda, Minister of Industry, Investment and Commerce, encouraged Chinese investors to take advantage of the potentially lucrative big business opportunities in Jamaica at the recent Trade and Investment Forum at the Grand Hyatt Hotel in Shanghai, which was hosted by JAMPRO against the backdrop of World Expo 2010 Shanghai. Minister Samuda outline existing investment and trade opportunities...

Permanent Secretary in the Ministry of Industry, Investment and Commerce, Reginald Budhan, emphasised today (July 22), that investing in a greener future has assumed added significance and urgency, given the emergence of climate change and its ill effects on global weather systems. The Permanent Secretary noted that one area that offers significant opportunity for investment in the future, which would...

Minister of State in the Ministry of Industry, Investment and Commerce, Hon. Michael Stern, has called on members of the National Association of Jamaican and Supportive Organisations (NAJASO), as well as the next generation of Jamaicans in the Diaspora, to invest in Jamaica. "As Government, we are confident that there are vast opportunities in Jamaica for investments, which will ultimately...

Minister of Industry, Investment and Commerce, Hon. Karl Samuda, has welcomed international pest control company Orkin Incorporated's decision to establish a local franchise, Orkin Jamaica, in partnership with the Guardsman Group. Speaking at the official launch of Orkin Jamaica at Guardsman Group Limited's headquarters in Kingston on Tuesday (June 29), Mr. Samuda said Orkin made "a wise choice" and described...

Minister of Industry, Investment & Commerce Karl Samuda left the island today for New York where he will represent Jamaica at the U.N. Global Compact Leaders Summit 2010, which opens tomorrow under the theme: "Building a New Era of Sustainability." Minister of Industry, Investment & Commerce Karl Samuda The two-day summit which seeks to address the most daunting developmental challenges...

As JAMPRO continues to seek opportunities to promote trade and investment opportunities in Jamaica, the company recently became a member of London-based Worshipful Company of World Traders. JAMPRO's European Regional Manager, Laurence Jones, said that membership in the international trade fraternity is a good move for Jamaica. "They deal strictly with trade so we thought that . this association of...

Some critical infrastructure, such as roads, water supply systems, and community facilities in North West Clarendon, are to be worked on with money from the Constituency Development Fund (CDF). This was noted by Minister of State in the Ministry of Industry, Investment and Commerce and Member of Parliament (MP) for North West Clarendon, Hon. Michael Stern, at a CDF forum,...

Minister of Industry, Investment and Commerce, Hon. Karl Samuda, is calling on groups that represent Micro, Small and Medium-sized Enterprises (MSMEs) to consolidate and move towards the common goal of enhancing the productivity of the sector. "There is not sufficient focus on coming together and saying 'how can we be consistent in pursuit of service to the micro and small...