Author Archives: donovan.saunches

Minister of Industry, Investment and Commerce, Hon. Audley Shaw, has reiterated that subsistence farmers will play a key role in the development of the local cannabis industry. “Jamaica has some of the most experienced and knowledgeable local cannabis farmers, who have been growing high-grade ganja for decades. As the industry develops, there will be increasedContinue reading “Subsistence Farmers Will Help Fill Demand In Cannabis Industry”

First out the door to reopen during the coronavirus pandemic, Sandals Resorts International (SRI) has embarked on a strategic growth plan for its Jamaica operations, breaking ground for two multibillion-dollar resort investments here. A third resort, the former Jewel Runaway Bay, is to be demolished, rebranding under the family-themed Beaches. On Wednesday, the Jamaican family-ownedContinue reading “Sandals Resorts makes groundbreaking move”

On Thursday, May 20, 2021, the Minister of Industry, Investment and Commerce, the Hon. Audley Shaw, along with the Minister of State the Hon. Dr. Norman Dunn and the MIIC team, convened a meeting with the Chinese Ambassador, His Excellency Tian Qi, Economic and Commercial Counsellor, Mr. Fan Jianghoug and members of their Economic &Continue reading “Strengthening Partnerships with China for Economic and Investment Cooperation in Bamboo and emerging industries”

The Hon. Audley Shaw Minister of Industry, Investment and Commerce yesterday debated the Trade Marks Act in the House of Representatives which was tabled in Parliament on April 13, 2021. During his address the Minister stated “I am pleased that the Trade Mark Amendment Bill is finally, before Parliament, and look forward to greater protectionContinue reading “Tabling THE TRADE MARKS (AMENDMENTS) ACT – House of Representatives”

The annual observation of Workers’ Week signifies the importance of highlighting the historic contribution of the labour movement and workers’ rights to national development. Our predecessors have struggled, endured and fought hard-won battles to ensure every Jamaican can enjoy greater bargaining rights, improved working conditions and a more harmonious working relationship between workers and employers. Continue reading “WORKERS’ WEEK 2021”

Minister of Industry, Investment and Commerce, the Hon. Audley Shaw this morning delivered remarks at the GII Webinar – On Innovation & Economic Resilience: Opportunities for Jamaica. The webinar was organized by the World Intellectual Property Organization (WIPO) in cooperation with the Jamaica Intellectual Property Office (JIPO) of the Ministry of Industry, Investment and CommerceContinue reading “Jamaica ranked 72nd on the Global Innovation Index 2020”

The Government is working on the development of a framework for the introduction of an Economic Residency Programme to grant residency to foster investment. Minister of Industry, Investment and Commerce, Hon. Audley Shaw, made the announcement during his contribution to the 2021/22 Sectoral Debate in the House of Representatives on May 11. He said theContinue reading “Programme In Train To Grant Residency To Foster Investment”

The Jamaica Promotions Corporation (JAMPRO) recorded injection of US$200 million in Local Direct Investment (LDI) and Foreign Direct Investment (FDI) into the local economy during the last financial year and the creation of almost 6,500 new jobs. Minister of Industry, Investment and Commerce, Hon. Audley Shaw, made the disclosure in his 2021/22 Sectoral Debate presentationContinue reading “JAMPRO Facilitates Us$200 Million In Local And Foreign Direct Investments, 6,500 New Jobs”

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, asContinue reading “Companies Act To Be Amended To Accommodate Virtual Meetings”

Minister of Industry, Investment and Commerce, Hon. Audley Shaw, says the Cannabis Licensing Authority (CLA) has granted 78 licences, to date, with 13 issued in the 2020/21 financial year. He gave the update during his contribution to the Sectoral Debate in the House of Representatives on Tuesday (May 11). Minister Shaw said that the licencesContinue reading “CLA Has Granted 78 Licences”