The upcoming virtual investment conference, ‘Explore: Do Business Jamaica’, to be hosted by Jamaica Promotions Corporation (JAMPRO), is an integral part of the drive to speed up the country’s economic recovery. Slated for Wednesday, November 17 and  Thursday, November 18, the conference aims to promote Jamaica’s growing sectors, investment opportunities and the island’s positive business environment. Addressing a JIS ‘Think...

Minister of Industry, Investment and Commerce with oversight responsibility for Agriculture and Fisheries, the Hon Audley Shaw says Jamaica has started to show strong signs of recovery due to relations with the diaspora and retrievals in the services of goods-producing industries. He said this resulted in a 12.9 per cent expansion on Gross Domestic Product (GDP) in the second quarter...

More than 200 buyers from North America, the United Kingdom (UK), Canada and the Caribbean are set to participate in the virtual staging of Expo Jamaica on Wednesday, October 27, beginning at 8:30 a.m. The event, being held under the theme ‘A Vision of the Future’, is hosted by the Jamaica Manufacturers and Exporters Association (JMEA) in collaboration with the...

The Bureau of Standards Jamaica (BSJ) has launched its Client Services Programme (CSP), to promote the international competitiveness of Jamaican producers through business development and trade. Speaking at the virtual event, today (October 21), Minister of Industry, Investment and Commerce, Hon. Audley Shaw, said some of the interventions provided by the CSP include standards awareness, interpretation and implementation, market access...

Minister of Agriculture and Fisheries, Hon. Audley Shaw has announced millions of dollars in investments in the agricultural sector. Among them is a US$95-million investment to create a certified organic high-tech greenhouse farm in Goshen, St. Elizabeth, “which will be the largest, by far, in the region”, he said. He informed that the joint-venture project “will be undertaken on a...

The National Export-Import Bank of Jamaica (EXIM Bank) is encouraging exporters to take advantage of its Trade Credit Insurance (TCI) facility to protect their goods and services. Speaking in an interview with JIS News, Manager, Business Origination at EXIM Bank, Allan Thomas, explained that TCI is a tool that an exporter or supplier can use to protect his/her business against...

Jamaica Promotions Corporation (JAMPRO) is encouraging entrepreneurs to invest in vegetable cultivation for the hospitality sector. Manager for JAMPRO’s Sales and Promotions Division, with responsibility for agribusiness, Marlene Porter, says there are numerous market opportunities for fresh vegetables, especially in the hotel sector. “What we have seen is, with COVID-19 we [had] a dip taking place there. However, we don’t...