Author Archives: donovan.saunches

he Jamaica Promotions Corporation (Jampro) said it will be going after newer industries such as the blue economy as it pushes to drive diversification and bring greater value-added for the country. According to the European Commission, the blue economy involves “all economic activities related to oceans, seas and coasts.” It entails the sustainable use of oceanContinue reading “Jampro targets blue economy for growth”

The staging of Expo Jamaica 2023 is in keeping with the strategic objectives of the Ministry of Industry, Investment and Commerce, aimed at boosting exports and attracting more business to  the country, says portfolio Minister, Senator the Hon. Aubyn Hill.  “It fits perfectly with our aim to increase exports [and] bring in new investors –foreignContinue reading “Expo Jamaica 2023 Aligns with Ministry’s Business Focus – Senator Hill”

PRESIDENT of the Jamaica Manufacturers and Exporters Association (JMEA), John Mahfood and Aswad Morgan, chairman of the organising committee of Expo Jamaica 2023, on Thursday evening both welcomed the Government of Jamaica’s (GOJ)sponsorship of the “largest trading show in the English-speaking Caribbean” through the Ministry of Industry, Investment and Commerce (MIIC). Expo Jamaica, which willContinue reading “‘This a true partnership’ JMEA welcomes Gov’t sponsorship of Expo Jamaica 2023”

The Companies Office of Jamaica (COJ) is looking to enhance its products and services during fiscal year 2023/24, to boost customer satisfaction.  Details of this undertaking were shared by the entity’s Deputy Chief Executive Officer (Acting), Heather Sutherland, who participated in a Jamaica Information Service (JIS) ‘Think Tank’ at the Agency’s head office in Kingston,Continue reading “COJ Announces Plans for Fiscal Year 2023/24”

President of the Jamaica Manufacturers and Exporters Association (JMEA), John Mahfood, says the Jamaican economy is ripe for business and is urging investors to take advantage of the many opportunities that are available.   Addressing the opening ceremony of the Expo Jamaica 2023 tradeshow on April 27 at the National Indoor Sports Centre in Kingston, Mr.Continue reading “Jamaica Ripe for Investment – MAHFOOD”

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 thatContinue reading “Companies Act Amended to Strengthen Anti-Money Laundering Efforts”

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”Continue reading “Jampro packages opportunities to woo investors”

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 someContinue reading “BPOs sayonly efficient employees will work from home”

The Minister of Industry, Investment and Commerce, Senator Aubyn Hill, is encouraging businesses to implement apprenticeship programmes for unattached youth. His call follows the Government’s desire to address labour shortages across several sectors. Senator Hill says his Ministry supports middle managers and management, but notes that businesses must train and up-skill their people more. HeContinue reading “Businesses Being Encouraged to Implement Apprenticeship Programmes for Unattached Youth”

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 stayContinue reading “Industry Minister Commends Sherwin-Williams”