The Consumer Affairs Commission (CAC) secured approximately $22 million in refunds and compensation on behalf of aggrieved consumers who transacted business with product and service providers during 2020/2021. Minister of Industry, Investment and Commerce, Hon. Audley Shaw, who made the disclosure while making his contribution to the 2021/22 Sectoral Debate in the House of Representatives on May 11, also noted...

The Government will be advancing the National Sourcing Policy to rebalance shortfalls in the impact of Foreign Direct Investment on economic growth in Jamaica. Minister of Industry, Investment and Commerce, Hon. Audley Shaw, gave this update during his contribution to the 2021/22 Sectoral Debate at the Sitting of the House of Representatives on Tuesday (May 11). “The National Sourcing Policy...

Minister of Industry, Investment and Commerce,  Hon. Audley Shaw, says the Government will continue to work towards implementing the National Five-Year Agribusiness Strategy. Making his contribution to the 2021/22 Sectoral Debate in the House of Representatives on Tuesday (May 11), Mr. Shaw said the Strategy aims to establish a modern and profitable agribusiness sector in Jamaica. It is also geared...

Minister of Industry, Investment and Commerce, Hon. Audley Shaw, has informed that condensed milk and clinker (used in cement production) supplied within the Caribbean Community (CARICOM) “have [now] been afforded an additional layer of protection”. Speaking in the 2021/22 Sectoral Debate in the House of Representatives on Tuesday (May 11), he noted that this achievement has been realised “after a...

The Government has partnered with the private sector to develop the E-commerce National Delivery Solution (ENDS), which will enable business continuity during the coronavirus (COVID-19) curfew hours. ENDS will allow any business or vendor to connect to and leverage the islandwide network of delivery solutions to have their goods transported safely and securely to clients. Any compliant business, taxi or...

The All-Jamaica Consumer Price Index (CPI) declined by 0.1 per cent for February 2021 as released today by the Statistical Institute of Jamaica (STATIN). The decline in the inflation rate was mainly attributed to a fall of 1.3 per cent in the index for the heaviest weighted division, ‘Food and Non-Alcoholic Beverages’. However, increases of 1.4 per cent in the...

The Companies Office of Jamaica (COJ) is reporting a record number of entity registrations for last year; 27% of which was done using its recently launched Electronic Business Registration Platform (eBRF). The record registration was achieved despite the Covid-19 Pandemic and the temporary suspension of the Agency’s business mobile. Entrepreneurs and investors in 2020 registered 12,809 Business Names and 3,935...