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November 2021
 

18 November 2021

Diaspora making strong contribution to Jamaica’s recovery

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 18 Nov 2021    admin   
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 of this year. Minister Shaw was addressing the second annual Caribbean Future Summit which was held virtually on Friday (November 5). “One of the key assets in Jamaica’s success has been its large and growing...


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Shaw urges businesses to go green

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 18 Nov 2021    admin   
The Government of Jamaica has increased its target for renewable energy by 2050 from 30 per cent to a very ambitious 50 per cent, Minister of Industry, Investment and Commerce Audley Shaw disclosed on Wednesday as he urged local operators to ride the green wave to sustainable and profitable business. The green movement has gained so much currency across the world that customers are switching allegiance to companies which are paying attention to how their operations impact the natural environment. Additionally, investors are showing their support for the green economy by investing in those...


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More benefits than disadvantages to formalise your business – Companies Office of Jamaica

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 18 Nov 2021    admin   
“FORMALISING YOUR business has more benefits than disadvantages, but many people shy away from the process owing to myths about taxation,” says Kawain Fearon, public relations officer, Companies Office of Jamaica. Fearon explained that an informal business is one that is involved in the production and trade of goods and services that are unregistered, or which are conducted by unregistered entities, and which operate outside of government regulation and taxation systems. “Contrary to popular belief, formalisation is actually beneficial to the entrepreneur. The owner of the operations will be...


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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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4 St. Lucia Avenue, Kingston 5, Jamaica
Telephone: (876) 968-7116 
Fax: (876) 960-7422 
Email: information@miic.gov.jm

Opening hours: 
Mondays - Thursdays 8:30 a.m. - 5:00 p.m.
Fridays 8:30 a.m. - 4:00 p.m.

 


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