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The Companies Office of Jamaica (COJ) is urging charitable groups to file outstanding documents to ensure compliance with the Companies Act and to prevent their businesses from being removed from the register. "The issue of removal has serious implications for these companies," said Business Registration Manager at the COJ, Camille Neil. She noted that most of these companies "have assets...

Chairman of the Bauxite and Alumina Task Force, Dr. Carlton Davis, has said that stakeholders, especially banks, must become far more proactive in facilitating economic growth. "The financial sector must see itself playing a constructive role in the diversification and development agenda, and we must move seriously to diversify the economy, and agriculture is one means of doing it," he...

The Ministry of Industry, Investment and Commerce has embarked on an inter-ministerial collaborative initiative, aimed at building partnerships that will pursue investment prospects globally, by promoting Jamaica as an ideal location for doing business. Portfolio Minister, Hon. Karl Samuda, says this new thrust is intended to enhance foreign direct investments (FDIs), thereby boosting the country's foreign exchange earnings. Mr. Samuda...

The gains made in the maritime sector are expected to be boosted by the country's current close association with public and private sector interests in Singapore, a world leader in the industry. Jamaica has been receiving various forms of technical and logistical assistance from that South-East Asian country, Transport and Works Minister, Hon. Michael Henry, pointed out, in his 2009/10...

Minister of Industry, Investment and Commerce, Hon. Karl Samuda, has stressed the importance of adhering to the highest standards of quality in the manufacture of Jamaican products. Mr. Samuda made the comment on Friday (September 11), while on a tour of the Jamaica Business Development Corporation's (JBDC) Garmex Complex and Incubator Resource Centre, located on Marcus Garvey Drive in Kingston,...

Industry, Investment and Commerce Minister, Hon. Karl Samuda, has renewed calls for a private/public sector partnership, which can establish the framework to position Jamaica to be competitive in the global marketplace. Addressing the 10th Annual Fair Trading Commission (FTC) Shirley Playfair Lecture, at the Jamaica Pegasus Hotel, in Kingston, on September 10, Mr. Samuda noted that the latest World Bank's...

The 10th annual Shirley Playfair Lecture series will be hosted by the Fair Trading Commission (FTC), on Thursday, September 10. The event, which will be held at the Jamaica Pegasus Hotel, in Kingston, commencing at 3:00 p.m., will focus on the theme: 'The Relevance of Competition Law in Good and not so Good Times'. Executive Director of the FTC, Mr....

Charitable groups are being encouraged to take advantage of the special three-month amnesty now being offered by the Companies Office of Jamaica (COJ). "We are asking charitable organisations to take advantage of this amnesty," said Minister of Industry, Investment and Commerce, Hon. Karl Samuda, at a press briefing held today (Sept. 8) at the COJ's head office in New Kingston...

Local companies, Spatial Innovision and Totally Male, are among 10 regional entities vying for a $5.3 million (US$60,000) grand prize in the inaugural Pioneers of Prosperity Caribbean Award. The winner of the prestigious award will be named at a ceremony scheduled for the Half Moon Conference Centre in Montego Bay, St. James, on September 11. The ceremony, to be hosted...

The Jamaica Employers' Federation (JEF) is celebrating National Employers' Month in September, with focus to be placed on the regularisation of businesses and improving best practices. JEF President, Wayne Chen, speaking with JIS News at the launch held at the JEF headquarters in Kingston yesterday, (Sept. 1) said that with the global economic crisis "bearing down of the country's economy,"...

Permanent Secretary in the Ministry of Industry, Investment, and Commerce, Reginald Budhan has lauded the Magna Customer Rewards Programme, and is encouraging more of this type of initiative to boost consumer spending. "Within the context of the global recession and its adverse impact on the economy, any means of reducing prices for consumers and stimulating demand, is good for the...

The Government's investment promotion agency, Jamaica Trade and Invest (JTI), will lead a delegation of representatives from 19 local companies, to participate in the 2009 Jamaican Business Expo at the Sunset Lakes Community Centre in Mirarmar, South Florida in the United States of America (USA), from September 3 to 4. The expo is organised by the Jamaica/USA Chamber of Commerce...