The Ministry of Industry, Investment and Commerce (MIIC) has introduced a Logistics Hub Essay Competition, which is part of a continued thrust to heighten awareness about the Logistics Hub initiative. Themed: ‘Jamaica’s Global Logistics Hub - the big opportunity for Jamaica and the world’, the competition is open to Jamaicans living in Jamaica who fit in one of two entry...

Minister of Agriculture and Fisheries, Hon. Roger Clarke, says eating local produce can have a positive impact on the nation’s economy, environment and health. “There are very essential reasons to ensure that we ‘grow what we eat and eat what we grow’. First of all, our economy depends on this. Whatever we do, we must seriously endeavour to decrease the...

As the Government continues to reform the financial sector and strengthen the legislative framework for regulation of the securities industry, proposals have been put forward to amend the Securities Act, to combat the establishment and proliferation of unlawful financial organizations. “Whilst the Financial Services Commission (FSC), in conjunction with other regulatory agencies, used various means of communication to persuade the...

The Government could benefit from British expertise and financing in its development of Jamaica’s multi-billion dollar Global Logistics Hub Initiative. Britain’s Minister with responsibility for the Caribbean, Hon. Mark Simmonds, who is on a two-day visit to Jamaica, told journalists in Kingston on November 6, that his country has “significant expertise” in the “construction, ongoing management, as well as the...

Paris, November 7, 2013 - The Minister of Youth and Culture the Hon. Lisa Hanna, MP has told global leaders attending the 37th session of the UNESCO General Conference in Paris that there needs to be new thinking and action on the subject of youth development. In her intervention at the Leaders’ Forum on Wednesday, November 6, Minister Hanna said...

Minister of Finance and Planning, Dr. the Hon. Peter Phillips, says that the regulatory measures implemented by the Government coming out of the financial crisis of the 1990s, have resulted in “phenomenal growth in size and assets” of the securities sector in Jamaica. “As at December 2002 … there were 26 securities firms with funds under management amounting to $148...

Executive Director of the Financial Services Commission (FSC), Janice Holness, says that the impact of globalization on emerging economies has dictated the need to develop efficient regulatory regimes that can provide vital investor protections. She said that these regulatory regimes should seek to ensure that investors’ interests are promoted through the provision of high quality, reliable, sustainable and sensible regulation....