Category Archives: Commercial Awareness

Blockchain technology: a sustainability tool for agriculture

Blockchain technology can enhance the sustainability of nations like Jamaica’s agricultural sector, by capturing the information which can be beneficial to all who access the distributive ledger such as farmers, retailers and consumers. It will avail farmers greater access to information such as global competitive pricing so that they can be better informed as to what to charge for their produce and not charge too much or too little. This is important for a farmer to be profitable and to a nation that is into exports such as Jamaica, they will be aware of the prices so they are competitive and make the best prices for their commodities. Continue reading

Share
Posted in Agriculture, Commercial Awareness, Jamaica's Global Logistics Hub, Logistics, Logistics Matters, Sustainable Development | Tagged , , , , , , , | Leave a comment

Jamaica’s Special Economic Zones: Form, function, and model

The activities within the SEZs are aimed at fully integrating the Jamaican economy into the global production and distribution systems that rely on global value and supply chains. This complex and dynamic system, at the heart of globalization, places Jamaica at a critical intersection of global trade, investment and services. In a globalized environment companies face several conflicting demands simultaneously, for example there is an equal drive to both centralize and decentralize production and distribution. Additionally, companies must balance global and local demands at the same time in the sense of being able to produce and distribute worldwide but at the same time adjusting product specifications through postponement to meet the local taste of consumers through customization. Continue reading

Share
Posted in Commercial Awareness, Jamaica's Global Logistics Hub, Special Economic Zone | Tagged , , , , , , | Leave a comment

Jamaica’s special economic zone framework designed to support private sector SEZ development

Greater involvement of the private sector in the development of zones reduces the burden placed on public resources and increases the efficiency of zones by allowing them to operate under market mechanisms. International experience reveals that a significant number of governments developed and managed zones have been less effective than their private counterparts. In order to facilitate private development of zones, an appropriate legal, regulatory and institutional framework should be in place. The Government’s main role would be to regulate economic zone activities, promote the zone regime, and aggressively identify, assemble, and make available land suitable for development through PPPs or JVs or private development. Continue reading

Share
Posted in Commercial Awareness, Government Policy, Investment, Jamaica's Global Logistics Hub, Special Economic Zone | Tagged , , , , | Leave a comment

Is it legal to pay a woman a different salary than a man for equal work?

The 9th U.S. Circuit Court of Appeals rules that it is OK legal to pay women a different salary for the same work as a man. Yes, really!! Continue reading

Share
Posted in Commercial Awareness, Diversity, Human Rights, Labour | Tagged , , , | Leave a comment

Top 10 best reads to understanding Jamaica’s SEZ Regime

Here are the top ten best reads to understanding Jamaica’s Special Economic Zone Regime and the mandate of the Jamaica Special Economic Zone Authority. Click on the button to expand the story. Continue reading

Share
Posted in Commercial Awareness, Government Policy, Jamaica's Global Logistics Hub, Special Economic Zone | Tagged , , , | Leave a comment

The law and autonomous vehicles: top six articles from the World Economic Forum

Diverless cars have already hit the roads but what happens if one of them hits you? In other words what is the legal framework that governs this and other expressions of the so called Fourth Industrial Revolution? Continue reading

Share
Posted in Commercial Awareness, Ethics, Legal Reform, Transportation | Tagged | Leave a comment

The law as a economic development tool: a personal insight

The law as an economic development tool – really? Then I though yes, really! The law or better put the rule of law is a critical, if not the critical, piece of soft infrastructure that makes everything else work. No development – economic, social or environmental – can be sustained without the rule of law. Continue reading

Share
Posted in Commercial Awareness, Human Rights, Sustainable Development | Tagged , , | Leave a comment

China’s Special Economic Zone experience… seven things Jamaica has learnt

The strategic and focused use of special economic zones (SEZs) as a development tool holds a special – pun intended – place in China’s story. And as Jamaica embarks on its own journey using its modernized SEZ framework, China’s journey holds valuable insights into the remarkable transformational power of SEZs. Continue reading

Share
Posted in Commercial Awareness, Jamaica's Global Logistics Hub, Special Economic Zone | Tagged , , , , | Leave a comment

A business component roadmap to Jamaica’s logistics centered economy

How is the Hub being implemented? What are the timelines? What is the economic value proposition? What type of industries will be attracted to the hub? What strategy will be used to attract the leading global companies? How will the hub be financed? What are the opportunities for local businesses? Continue reading

Share
Posted in Commercial Awareness, Government Policy, Investment, Jamaica's Global Logistics Hub, Logistics, Trade | Tagged , , , , | Leave a comment

The expanded Panama Canal and port expansion along the US East and Gulf coasts

The expanded Panama Canal is an important catalyst for these port investments, it is only one factor that is driving the port investments on the US east and Gulf coasts. As logistics, and particularly the transport component, continue to evolve only time will tell if these investments are justified. Continue reading

Share
Posted in Commercial Awareness, Investment, Logistics, Shipping, Trade, Transportation | Tagged , , , , | Leave a comment