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April 2025
 

Industry, Commerce, Agriculture and Fisheries Minister, Hon. Karl Samuda, looks at equipment at the Sugar Industry Research Institute (SIRI) in Mandeville, which was donated by the European Union. Occasion was the opening of the Sugar Industry Authority’s (SIA) inaugural post-crop seminar at SIRI on September 21, 2016.

Standard to be Developed for Imported Sugar

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 27 Sep 2016    nicola.wint   
The Bureau of Standards Jamaica (BSJ) is to create a standard to effectively protect the local sugar industry from illegally imported sugar. This disclosure was made by Industry, Commerce, Agriculture and Fisheries Minister, Hon. Karl Samuda, at the opening of a two-day Sugar Industry Authority (SIA) seminar and exposition in Mandeville on September 21. Mr. Samuda said the measure is necessary for the protection of the sugar industry, as imported sugar, sometimes from unknown sources, has made its way on to supermarket shelves across the island. He noted that persons are making “hefty profits...


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Acting Permanent Secretary in the Ministry of Industry, Commerce, Agriculture and Fisheries, Mr. Reginald Budhan (podium) speaking at the Regional Agri-Value Chain Financing Forum held at the Courtleigh Hotel, Knutsford Boulevard on Monday, September 26, 2016. Seated at the head table from left are: Chairperson and Representative of the Inter-American Institute for Cooperation (IICA) delegation, Dr. Elizabeth Johnson; Project Manager, European Union, Mr. Stephan Cilli and Senior Consultant, Agribusiness, IICA, Mr. Robert Reid.

Acting PS Budhan Calls for Increased MSME Financing

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 27 Sep 2016    nicola.wint   
Acting Permanent Secretary in the Ministry of Industry, Agriculture and Fisheries, Reginald Budhan is calling for an explosion of small business and smallholder activities across the region. He was speaking on September 26 at the opening session of a two-day Regional Agri-Value Chain Forum organized by the Inter-American Institute for Cooperation (IICA) and held at Courtleigh Hotel, Kingston. “If we are really serious about facilitating access to credit, then the time has surely come for us to put our money where our hearts are. In plain language, as they say ladies and gentlemen – talk is...


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Minister of Industry, Commerce, Agriculture and Fisheries, Hon. Karl Samuda (left) exchanges greetings with Chief of Mission, United States Agency for International Development Agency (USAID) Jamaica, Maura Barry Boyle (2nd right), just before the start of the opening ceremony for the climate smart agriculture symposium at The Jamaica Pegasus Hotel in New Kingston on September 13. Others (from second left) are Acting Permanent Secretary in the Ministry, Reginald Budhan; and Deputy Chief of Mission at the United States Embassy in Kingston, Eric Khant.The two-day symposium, organised by the USAID-funded Jamaica Rural Economy and Ecosystems Adapting to Climate Change II (Ja REEACH II) project in collaboration with the Ministry, was held under the theme ‘Growing Agriculture and Incomes in the Face of Climate Change’.

Agro Parks to be Expanded

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 16 Sep 2016    nicola.wint   
Minister of Industry, Commerce, Agriculture and Fisheries, Hon. Karl Samuda, says the agro park concept will be expanded across the length and breadth of Jamaica. Currently, there are nine parks in operation. “When I speak of an agro park, I’m speaking of a defined area where all of the facilities can be brought to bear, managed and brought to the assistance of the people who want to do something in a serious way,” he noted. Minister Samuda was addressing the opening ceremony for the climate smart agriculture symposium at Jamaica Pegasus Hotel in New Kingston on September 13th. The objective...


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Chief Technical Director in the Ministry of Industry, Commerce, Agriculture and Fisheries, Dermon Spence, delivers the keynote address on behalf of portfolio Minister, Hon. Karl Samuda, at the launch of the Mavis Bank Coffee Factory Preferred Farmers’ Programme in rural St. Andrew on Thursday, September 8, 2016.

Work Advanced on Legislation for Cess on Imported Coffee

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 16 Sep 2016    nicola.wint   
The Ministry of Industry, Commerce, Agriculture and Fisheries, is reporting that work is advanced for the application of a cess on all imported coffee. Chief Technical Director in the Ministry, Dermon Spence, said that most of the legislative work to facilitate the move has been completed. He was delivering a speech on behalf of Portfolio Minister, Hon. Karl Samuda, at the launch of the Mavis Bank Coffee Factory Preferred Farmers’ Programme, in the rural St. Andrew community on Thursday, September 8th. Mr. Spence said the Government is committed to providing the necessary support for the...


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Minister of Industry, Commerce, Agriculture and Fisheries, Hon. Karl Samuda (centre) closely examines fibre optic cable at CB Cabling Technologies’ display booth, while Director of Technical Services at the company, Clarence Blake, explains its use. Occasion was the closing ceremony of the 2016 Scotiabank Vision Achiever Programme held at Scotiabank Corporate Learning Centre in Kingston on August 31, 2016. At right is Vice President for Marketing, Scotiabank Jamaica, Yanique Forbes.

Samuda Calls for Lowering of Interest Rates on MSME Loans

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 16 Sep 2016    nicola.wint   
Minister of Industry, Commerce, Agriculture and Fisheries, Hon. Karl Samuda, is calling for banks to lower interest rates to single digit, in order to boost production and growth within the micro, small and medium enterprise (MSME) sector. He cited agriculture as one sector which cannot grow with an interest rate that exceeds four per cent. Minister Samuda noted that 97 per cent of registered taxpayers are to be found within the MSME sector, “but the sector cannot hope to thrive at the pace necessary to get this economy rolling, unless we get to low single-digit interest charges”. He was...


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The Ministry

Welcome to the official website of the Ministry of Industry, Investment and Commerce.

The Ministry of Industry, Investment and Commerce is described as Jamaica's "Business Ministry." It's mandate is to lead the development of policies that will create growth and jobs, while achieving social inclusion and consumer protection. The Ministry, working its stakeholders is primarily responsible for business policy development, monitoring and evaluation, while giving direction and oversight to a cluster of implementing departments and agencies.

We have, therefore, placed much energy and enthusiasm into the development of this website to provide timely information on the Ministry, our agencies and programmes.

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Telephone: (876) 968-7116 
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Email: information@miic.gov.jm

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The Ministry of Industry, Investment and Commerce - https://www.miic.gov.jm