Author Archives: donovan.saunches

Minister of Investment and Commerce Senator Aubyn Hill is encouraging banks to support small business operators who are seeking to grow and expand their businesses. The minister recently issued the challenge during the Montego Bay Chamber of Commerce and Industry’s launch of EXPO 24 at the Montego Bay Convention Centre. Hill, who reflected on theContinue reading “Hill says ‘banks must go find productive people”

The Government of Jamaica (GoJ) has launched its ‘Building Better Business, Together’ communications campaign to increase public awareness of numerous reforms that have been implemented to improve the experience of doing business in Jamaica. The business reforms agenda, a result of collaborative and partnership efforts among government ministries, Departments, and Agencies, is spearheaded by theContinue reading “GoJ building better business environment with new reforms”

JAMAICA PLANS to develop an offshore company registry as its next step in the process to attract a portion of the funds that flow to International Financial Service Centres (IFSC) like the Cayman Islands, Switzerland, and others. “The Companies Office of Jamaica (COJ) will establish, operate, and maintain the offshore business registry to facilitate theContinue reading “Jamaica to build offshore database”

Exporters and export-ready firms are being encouraged to take advantage of the Jamaica Promotions Corporation (JAMPRO) Enterprise Developmental Export Growth (EXPORT MAX) programme, which is being redesigned to provide more targeted assistance. Speaking at a recent ‘Exporter Information Session’ at the Terra Nova All-Suite Hotel in Kingston, JAMPRO President, Shullette Cox, said the revamping processContinue reading “JAMPRO Redesigning ‘Export Max’ Programme”

Project STAR (Social Transformation and Renewal) is now listed on the Jamaica Social Stock Exchange (JSSE). The JSSE provides a platform to assist social-sector organisations to attract long-term funding to make their projects sustainable. Project STAR is a social and economic transformation programme created by the Private Sector Organisation of Jamaica (PSOJ), in partnership withContinue reading “Project STAR Listed on Jamaica Social Stock Exchange”

Large Jamaican companies are being implored to do all they can to support local micro, small and medium-sized enterprises (MSMEs). Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill, in making the call, said that the MSME sector is a key contributor to the economy and must be protected at all costs. HeContinue reading “Big Businesses Urged to Support MSME Sector”

Kingston, Jamaica – The Ministry of Industry, Investment and Commerce (MIIC) is pleased to announce that the CARICOM Secretariat has authorised the suspension of the Common External Tariff (CET) in respect of the importation of lithium-ion batteries into Jamaica. This decision follows the intervention made by Senator the Hon. Aubyn Hill, Minister of Industry, InvestmentContinue reading “PRESS RELEASE: Jamaica Secures CARICOM Approval for CET Suspension on Imports of Lithium-ion Batteries to Sustain Renewable Energy Growth”

The Bureau of Standards Jamaica (BSJ) is inviting more micro, small and medium-sized enterprises (MSMEs) in the manufacturing, agriculture and service sectors to register for its National Quality Awards (NQA) programme. Now in its 20th year, “the NQA is Jamaica’s first quality systems-based awards programme implemented to recognise and reward local companies that have demonstratedContinue reading “BSJ Invites More MSMEs to Register for NQA Programme”

Thirty female entrepreneurs are to benefit from business skills training and other assistance through the Realise, Embrace, Achieve Your Purpose (R.E.A.P) Women Entrepreneurship Project 2024. The initiative aims to empower the targeted beneficiaries, drawn from communities in and around PriceSmart establishments in Kingston and Portmore. It is spearheaded by the nonprofit Young Women of PurposeContinue reading “30 Women Poised to R.E.A.P. Rich Dividends under New Entrepreneurship Project”

Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill (second left) and Minister without Portfolio in the Office of the Prime Minister with oversight for Skills and Digital Transformation, Senator Dr. the Hon. Dana Morris Dixon (second right), share a moment with European Union (EU) Ambassador to Jamaica, Her Excellency Marianne van SteenContinue reading “PHOTOS: Senator Aubyn Hill Welcomes Directorate-General at EU Commission”