Minister of Industry, Commerce, Agriculture and Fisheries, Hon. Audley Shaw, says the competitiveness of Jamaican goods and services in the global economy rests largely on the efforts of the export community in maintaining high standards. “The performance of our exports in global markets is determined by the degree to which we are able to meet the demands of an unrelenting...

President of the Business Process Industry Association of Jamaica (BPIAJ), Gloria Henry, says the upcoming Global Leadership Summit (GLS) will be critical in stimulating the growth of the country’s Global Services Sector (GSS). The GLS, which is slated for Hope Fellowship Church in Kingston on October 25, and the Montego Bay Convention Centre on November 7, is designed to promote...

Minister of Industry, Commerce, Agriculture and Fisheries, Hon. Audley Shaw, says the Government will continue to lobby the United States (US) to take the lead in legitimising licensed cannabis growers and processors in the correspondent banking relationships with US banks. Mr. Shaw was addressing the CanEx Business Conference and Expo, held at the Montego Bay Convention Centre in St. James,...

Chief Technical Director in the Ministry of Industry, Commerce, Agriculture and Fisheries, Monique Gibbs, says the Government continues to modernise the secured transactions framework in order to expand the scope of assets that operators of micro, small and medium-sized enterprises (MSMEs) can use as collateral for loans. “We want to balance the preferred traditional forms of collateral such as motor...

Minister of State in the Ministry of Industry, Commerce, Agriculture and Fisheries (MICAF), Hon. Floyd Green, says a collective stakeholder approach is needed to mitigate the impact of climate change on Jamaica, particularly in the agricultural sector. “Climate change demands that we bring change and innovation to the sector. We have to work smarter and we have to increase our...

A Phytomedicine and Medical Cannabis Institute is to be established in Jamaica. This forms part of the research partnership with Harvard International Phytomedicine and Medical Cannabis Institute. Phytomedicine is a plant-based traditional medicinal practice that utilises various plant materials in preventive and therapeutic processes. The research partnership aims to explore Jamaica’s vast botanical resources and their natural medicinal properties for...

The National Compliance and Regulatory Authority (NCRA) says its partnership with local businesses to achieve conformance to established standards, will result in increased confidence in Jamaican products. Speaking with the JIS News, NCRA’s Chief Executive Officer (CEO), Lorice Edwards Brown, said the regulatory agency expects its work to increase the marketability of Jamaican products. “Our mandate is to create confidence...