Author Archives: donovan.saunches

Minister of Industry, Investment, and Commerce, Senator Aubyn Hill says that Jamaicans doing business in other countries ‘must play by the rules’ as they work to achieve success in their endeavours. “Live properly, clean, and don’t mess with the law. Make sure you follow the path in every country you operate in,” he said. “Don’tContinue reading “‘Play by the rules’ when doing business in other countries”

SHELLIE LEON, CEO and registrar (acting interim) of the Companies of Jamaica (COJ), is encouraged by the commitment of entrepreneurs to positioning their businesses for continuity and expansion as seen in an 11 per cent increase in the number of companies incorporated for 2022. Data from the COJ shows that 5,412 new limited liability companiesContinue reading “More entrepreneurs choosing company status”

Debt collectors are being urged to carry out their duties in a professional manner. A debt collector is a person or organisation that is in the business of recovering money owed on delinquent accounts. Addressing a recent Jamaica Information Service (JIS) Think Tank at the agency’s head office in Kingston, Chief Executive Officer, Consumer AffairsContinue reading “Debt Collectors Urged to Act Professionally”

A total of $13 billion in affordable loans and credit guarantees were provided for Micro, Small and Medium-sized Enterprises (MSMEs) by the Government during fiscal year 2022/23. This was disclosed by Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill, during the University of Technology (UTech) Jamaica’s 41st annual marketing seminar at theContinue reading “MSMEs Benefit from $13 Billion in Gov’t Funding Support”

The Jamaica National Agency for Accreditation (JANAAC) has taken the initiative to broaden the scope of its services and now offers accreditation for certification bodies both locally and overseas. During a recent interview with JIS News, Chief Executive Officer (CEO), Sharonmae Shirley, said that they have been, year on year, expanding all services to meetContinue reading “JANAAC Now Offers Accreditation for Certification Bodies Locally and Overseas”

The Consumer Affairs Commission (CAC) is encouraging citizens to do regular checks with credit bureaus, to ensure that the information on file is accurate. A credit bureau is an agency which collects information from a wide variety of financial and nonfinancial entities, including microfinance institutions and credit card companies. It provides comprehensive consumer credit informationContinue reading “Consumers Encouraged to Check Credit Bureaus Regularly”

THE Senate on Friday passed amendments to the Companies Act to strengthen Jamaica’s anti-money laundering and combating financing of terrorism (AML/CFT) framework, to stave off the threat the country faces of being blacklisted if it fails to beef up these guardrails to meet international obligations. Stressing the importance of passing the legislation now, Leader ofContinue reading “Senate gives nod to Companies Act amendments”

Three hundred and seventy-four participants from across the world have registered for the 48th staging of Expo Jamaica, the largest exhibition and trade show in the Caribbean. Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill, made the announcement while speaking at a Jamaica Information Service (JIS) ‘Think Tank’, held today (April 4)Continue reading “Hundreds of Participants Register for Expo Jamaica”

The Senate on Friday (March 24) approved the Appropriation Bill, 2023, which outlines how the government will spend the $1 trillion allocated in the 2023/24 Estimates of Expenditure. The Bill authorises expenditure for the financial year 2023/24 and stipulates how the money will be allocated to the various services and purposes of the government. TheContinue reading “Senate Approves 2023 Appropriation Bill”

Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill (right), addresses the Indian Diaspora Conference, held at The Jamaica Pegasus hotel on March 26. Since the first arrival of Indians in Jamaica in 1845, they have become an integral part of the Jamaican society, contributing to the progress of the country, while theyContinue reading “PHOTOS: Sen. Aubyn Hill Speaks at Indian Diaspora Conference”