A Bill is being drafted to amend the Companies Act to allow a company in Jamaica to hold general meetings, whether annual general meetings (AGMs) or extraordinary general meetings (EGMs), as hybrid meetings, that is in-person and virtually, or as completely electronic meetings. This Bill will match the transition the world has taken on, as part of efforts to prevent...

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, says the Caribbean Cement Company Limited’s  planned investment of  another $1.75 billion, will contribute to the continued development of the construction sector. The company plans to invest this sum over the next three years to improve its efficiencies and continue to increase its capacity. “This expansion supports the growth in the...

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...

Minister of Industry, Investment and Commerce, Hon. Audley Shaw, says the business process outsourcing (BPO) industry is on the way to returning to its pre-coronavirus (COVID-19) peak. Speaking during his contribution to the 2021/22 Sectoral Debate in the House of Representatives on May 11, Mr. Shaw said there is indication that the sector will pick up on its previous trajectory...

Industry, Investment and Commerce Minister, Hon. Audley Shaw, is slated to open debate on the proposed amendment to the Trademarks Act during today's (May 12) sitting of the House of Representatives. The amendment, which was tabled in the House by Mr. Shaw on April 13, will support Jamaica’s accession to the Madrid Protocol, which will allow interested parties to protect...