Featured News

Posted on 19/05/2021
Jamaica ranked 72nd on the Global Innovation Index 2020
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...

Posted on 18/05/2021
Industry Ministry To Advance Trade Sector
The Ministry of Industry, Investment and Commerce will be harnessing opportunities to advance the trade sector. This was noted by Minister of Industry, Investment and Commerce, Hon. Audley haw, during his 2021/22 Sectoral Debate presentation in the House of Representatives...

Posted on 18/05/2021
$1 Billion Allocated For ‘Go Digital’ Initiative To Support Small Businesses
The Ministry of Industry, Investment and Commerce has earmarked $1 billion to fund the ‘Go Digital’ initiative, being spearheaded by the Jamaica Business Development Corporation (JBDC) to support small businesses. Speaking in the 2021/22 Sectoral Debate in the House on...

Posted on 18/05/2021
CLA Has Granted 78 Licences
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...

Posted on 18/05/2021
Companies Act To Be Amended To Accommodate Virtual Meetings
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...

Posted on 18/05/2021
JAMPRO Facilitates Us$200 Million In Local And Foreign Direct Investments, 6,500 New Jobs
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,...

Posted on 18/05/2021
Programme In Train To Grant Residency To Foster Investment
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...

Posted on 18/05/2021
Several Business Processes To Be Fully Automated
By the end of the fiscal year, several processes will be fully automated on the National Business Portal (NBP). The NBP, an initiative being handled by JAMPRO, will house the Business-to-Government (B2G) online interface for all public-sector entities involved in...

Posted on 18/05/2021
Government To Advance National Sourcing Policy
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...