Government of Jamaica

You are here

Home

News Articles

Article Archives
Mon
Tue
Wed
Thu
Fri
Sat
Sun
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
 
January 2025
 

Prime Minister Andrew Holness marks the opening of Expo Jamaica 2023 with a ribbon cutting, joined by (from left) Jamaica Manufacturers and Exporters Association (JMEA) director Kathryn Silvera; Minister of Industry, Investment and Commerce Senator Aubyn Hill; Minister of Transport and Mining Audley Shaw; JMEA President John Mahfood; and chairman of the organising committee of Expo Jamaica 2023 Aswad Morgan. (Photo: Llewelyn Wynter)

Jamaica must export a lot more

Above Body

 02 May 2023    admin   
In the 61 years between 1960 and 2021 Jamaica produced a positive trade balance in only one of those years. That was a very long time ago in 1966. Over that 61-year period, our trade balance has become progressively worse, and it is a serious and depressing drag-weight on Jamaica's economic growth performance. Since 1966 the trade balance has grown wider and wider. Today there is literally a chasm between the vast amount of goods and services we import annually, compared to the relatively measly amount that we export. I was prompted to ask my research team to provide these trade balance...


Read more

Jampro offices located along Trafalgar Rd in Kingston. (Photo: Garfield Robinson)

Jampro packages opportunities to woo investors

Above Body

 29 Apr 2023    admin   
hrough a number of pre-packaged investment opportunities, chief State marketing company Jamaica Promotions Corporation (Jampro) is looking to lure new investors as it pushes to maximise growth for the country. According to Gabriel Heron, vice-president for marketing and opportunity packaging at the promotions agency, the refocused objective of pre-packaging key opportunities as "off-the-shelf structured investments" aims to capture the interest of potential buyers and investors locally and overseas. "What we have done is to go through a range of investment opportunities and package them in...


Read more

Registrar of Companies and Acting Chief Executive Officer (CEO) at the Companies Office of Jamaica (COJ), Shellie Leon, speaks at a JIS Think Tank, on Tuesday, April 25.

Companies Act Amended to Strengthen Anti-Money Laundering Efforts

Above Body

 29 Apr 2023    admin   
To strengthen Jamaica’s anti-money laundering and counter financing of terrorism efforts, the Government has approved several changes to the Companies Act. The amendments, which were approved on March 31, 2023, have been made based on recommendations from the Financial Action Task Force (FATF), in relation to ‘Beneficial Ownership’ information. This follows the first amendment that was made to this Section of the Act in 2017 to include the requirement for beneficial ownership (BO) information from companies limited by shares. Addressing a Jamaica Information Service (JIS) Think Tank on...


Read more

BPOs sayonly efficient employees will work from home

Above Body

 29 Apr 2023    admin   
WESTERN BUREAU: Stakeholders in the business process outsourcing (BPO) sector are now seeking to identify employees, who require limited supervision, to be a part of the work-from-home regime for companies operating in the special economic zones (SEZs). The arrangement will officially start on January 1, 2024. “Not everyone can work without supervision; there are some who constantly have to be told what to do. Those who are efficient and continue to meet their targets are the ones that we are allowing to work off-site,” a BPO operator, who requested anonymity, told The Gleane r. “We will only...


Read more

Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill (second right), in conversation with President of the Jamaica Manufacturers and Exporters Association, John Mahfood, while on a factory tour of the company at White Marl, St. Catherine, on April 26. Also on the tour (from left) are Vice President for Sales in the Caribbean at Sherwin-Williams, Dustin Ewald and District Manager at the company, Kenneth Richardson.

Industry Minister Commends Sherwin-Williams

Above Body

 28 Apr 2023    admin   
The paint manufacturing company Sherwin-Williams is being hailed for its entrepreneurial and community outreach values by Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill. Minister Hill, who was speaking at the company’s unveiling of its 50th Anniversary Logo, and factory tour in White Marl, St. Catherine on April 26, said people stay at Sherwin-Williams because “they can achieve”. He noted that the company having over 300 employees is a “big thing” and lauded them for moving away from being a distribution entity in the 1970s to becoming a major manufacturing...


Read more

Pages

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.

Twitter

MIIC Social

MIIC Facebook MIIC Twitter  MIIC YouTube MIIC Linkedin MIIC TikTok

 

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