Home Tag "Audley Shaw"

Shaw Wants Dormant Funds In Commercial Banking System Returning To Central Government In 7 Years Down From 15

Industry, Commerce, Agriculture and Fisheries Minister, Audley Shaw says the first report on funds in dormant accounts is on his desk and will be shared with the Finance Minister and the Cabinet. He pointed out that dormant funds in the commercial banking system are something that has to be looked at, as the global standard […]

New Investors To Benefit From Immediate Activation Of Jamaica Central Securities Depository Accounts.

Government Of Jamaica Working To Establish Better Relationships Between Local Cannabis Industry And Banks In USA

Minister of Industry, Commerce, Agriculture and Fisheries, Audley Shaw, says the Government is working on establishing better relationships between dealers in the local cannabis industry and banks in the United States, for growth of the developing sector. At the launch of CanEx Jamaica Business Conference and Expo, on Wednesday (September 4), at the Spanish Court […]

New Investors To Benefit From Immediate Activation Of Jamaica Central Securities Depository Accounts.

Plans Underway To Establish A Centre In Jamaica To Further Advance Plant-Based Medicine Research

Industry, Commerce, Agriculture and Fisheries Minister, Audley Shaw, says there are plans to establish a centre in Jamaica to further advance plant-based medicine research. Mr. Shaw announced recently that a programme of cooperation involving noted Jamaican scientist and businessman, Dr. Henry Lowe; Dr. Julius Garvey, son of National Hero, the Right Excellent Marcus Garvey; and […]

New Investors To Benefit From Immediate Activation Of Jamaica Central Securities Depository Accounts.

National Export-Import (EXIM) Bank Of Jamaica Loans To Productive Sector Projected To Increase To JA$9.3 Billion For Upcoming Fiscal Year.

National Export-Import (EXIM) Bank of Jamaica loans to the productive sector is projected to increase to $9.3 billion for the upcoming fiscal year. This is according to the 2019/20 Public Bodies’ Estimates of Revenue and Expenditure, which was tabled in the House of Representatives by Finance and the Public Service Minister, Dr. Nigel Clarke. The […]

New Investors To Benefit From Immediate Activation Of Jamaica Central Securities Depository Accounts.

Jamaican Government To Tap Into Estimated JA$45 Billion In Unclaimed Funds Lying Dormant In Accounts Of Local Commercial Banks, For MSME Sector.

Minister of Industry, Commerce, Agriculture and Fisheries, Audley Shaw says the Government, is expected to tap into a third of an estimated $45 billion in unclaimed funds lying dormant in accounts of local commercial banks. The Minister is reported to have said that it was time to stop paying lip service to MSMEs, and the […]

New Investors To Benefit From Immediate Activation Of Jamaica Central Securities Depository Accounts.

Starbucks Wants More Jamaican Blue Mountain and High Mountain Coffee

Jamaica’s Industry, Commerce, Agriculture and Fisheries Minister, Audley Shaw, says he will be taking steps to stop the illegal import of sugar, coffee and other commodities. Minister Shaw indicated that right now, there was a stockpile of 32,000 tonnes of locally manufactured sugar that cannot be sold because of the illegal importation of white sugar. […]

New Investors To Benefit From Immediate Activation Of Jamaica Central Securities Depository Accounts.

National Rums Chairman, Komal Samaroo, Supports Call For Rum-Manufacturing Companies To Partner More With Cane Farmers And More Local Products In Operations.

Chairman of the Board of Directors, National Rums of Jamaica Limited, Komal Samaroo, said he agrees with the Minister Audley Shaw’s call for rum-manufacturing companies to return to the tradition of partnering more with sugar cane farmers and to use more local products in their processing operations. During a tour of National Rums of Jamaica […]

New Investors To Benefit From Immediate Activation Of Jamaica Central Securities Depository Accounts.

Jamaica To Tackle Issue Of Food Imports In Tourism Industry Head-On

Jamaica’s Minister of Industry, Commerce, Agriculture and Fisheries, Audley Shaw, says the Ministry intends to tackle the issue of food imports in the tourism industry head-on. The majority of the island’s total food imports, about 60 per cent, are directed to the hotel, restaurant and institutional (HRI) sector. Mr. Shaw said it should not be […]

New Investors To Benefit From Immediate Activation Of Jamaica Central Securities Depository Accounts.

Jamaican Government Programmes US$950M CapEx For BPO And Tourism Projects Through JAMPRO

The Jamaican Government has programmed capital expenditure of approximately US$950 million on business process outsourcing (BPO) and tourism projects, through Jamaica Promotions Corporation (JAMPRO), for the 2018/19 fiscal year. This was disclosed by Industry, Commerce, Agriculture and Fisheries Minister Audley Shaw, while delivering the opening 2018/19 Sectoral Debate presentation in the House of Representatives on […]

New Investors To Benefit From Immediate Activation Of Jamaica Central Securities Depository Accounts.

Jamaican Government Assessing Feasibility Of Utilising Unclaimed Funds Held By Financial Institutions For MSME Sector

The Jamaican Government is to engage technical consultants to assess the feasibility of utilising unclaimed funds, held by financial institutions, as a critical financing option for the growth and development of the micro, small and medium-sized enterprise (MSME) sector. This was disclosed by Minister of Industry, Commerce, Agriculture and Fisheries, Audley Shaw, at the launch […]

New Investors To Benefit From Immediate Activation Of Jamaica Central Securities Depository Accounts.