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COJ Establishes Anti-Money Laundering Unit

An Anti-Money Laundering (AML) Unit has been established within the Companies Office of Jamaica (COJ) to enhance regulatory compliance and transparency. This strategic move comes in response to the heightened scrutiny and monitoring efforts by the Financial Action Task Force (FATF) to combat money laundering and ensure financial integrity. Speaking at a recent Jamaica InformationContinue reading “COJ Establishes Anti-Money Laundering Unit”

Local Engineers Urged to Take Lead in Bolstering Professionals

Minister of Industry, Investment & Commerce, Senator the Hon. Aubyn Hill, is charging local engineers to lead the way in bolstering the cohort of professionals across the island. He made the call while addressing the opening of the Jamaica Institution of Engineers (JIE) Engineers’ Week Conference & Expo at The Jamaica Pegasus hotel in NewContinue reading “Local Engineers Urged to Take Lead in Bolstering Professionals”

CAC Monitoring Local Commercial Trade for Post-Hurricane Price Gouging

Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill, says the Consumer Affairs Commission (CAC) continues to closely monitor the commercial trade to ensure businesses do not exploit the impact of Hurricane Beryl to engage in price gouging. Price gouging refers to the practice of increasing the prices of goods, services or commoditiesContinue reading “CAC Monitoring Local Commercial Trade for Post-Hurricane Price Gouging”

Consumers Urged to Use CAC’s Price Enquiry Tool for Textbook Purchases

The Consumer Affairs Commission (CAC) is encouraging persons to use its price enquiry tool as a resource to obtain valuable information to assist in textbook purchases, in their back-to-school preparation. Persons can access the price enquiry tool on the Commission’s website, cac.gov.jm. Between July 29 and August 2024, the Commission visited 64 bookstores across the islandContinue reading “Consumers Urged to Use CAC’s Price Enquiry Tool for Textbook Purchases”

Private Sector Invited to Seize Growth Opportunities in Jamaica

Private-sector stakeholders are being encouraged to seize growth opportunities in Jamaica. Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill, made the call while addressing the Private Sector Organisation of Jamaica (PSOJ) Partners’ Circle Meeting at the entity’s head office in Kingston on Friday (August 23). He emphasised the potential for economic growthContinue reading “Private Sector Invited to Seize Growth Opportunities in Jamaica”

Copyright Act Amended to Facilitate Individuals Who are Blind or Visually Impaired

Jamaica has taken a significant step towards inclusivity with the recent amendment to the Copyright Act, prior to the country’s accession to the Marrakesh Treaty on August 28, 2024. The treaty, designed to facilitate access to published works for individuals who are blind, visually impaired, or otherwise print disabled, marks a critical advancement in addressingContinue reading “Copyright Act Amended to Facilitate Individuals Who are Blind or Visually Impaired”

JBDC Hosts Four-Day Workshop on Jewellery-Making Techniques

The Jamaica Business Development Corporation (JBDC) will host a four-day workshop titled ‘The Perfect Finish: Metal Meets Wood’, at its Incubator & Resource Centre every Saturday in October. Each session will run from 10:00 a.m. to 2:00 p.m., offering participants a unique opportunity to acquire advanced jewellery-making techniques, with a special emphasis on merging metalContinue reading “JBDC Hosts Four-Day Workshop on Jewellery-Making Techniques”

Jamaica Accedes to the Marrakesh Treaty

Jamaica marked a momentous occasion on Wednesday, August 28, when the nation officially acceded to the Marrakesh Treaty. The Treaty, which was adopted by the World Intellectual Property Organization (WIPO) in 2013, is a pivotal international agreement designed to facilitate access to published works for persons who are blind, visually impaired or otherwise print disabled.Continue reading “Jamaica Accedes to the Marrakesh Treaty”

130 MSMEs Benefit from Procurement Readiness Training

A total of 130 micro, small and medium-sized enterprises (MSMEs) recently benefited from training to bolster their capacity to compete for public-sector contracts. The four-part Public Procurement Readiness Project workshops were organised by the Ministry of Industry, Investment and Commerce, and facilitated by the Office of Public Procurement Policy (OPPP) within the Ministry of FinanceContinue reading “130 MSMEs Benefit from Procurement Readiness Training”

JBDC Served 2,711 MSME Clients in 2023

The Jamaica Business Development Corporation (JBDC) served 2,711 clients from the micro, small and medium-sized enterprise (MSME) sector in 2023 representing various industries. The information is contained in the Planning Institute of Jamaica (JIS) Economic and Social Survey Jamaica 2023, which was tabled in Parliament recently. Manufacturing accounted for 16.8 per cent of client served,Continue reading “JBDC Served 2,711 MSME Clients in 2023”

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