Author Archives: donovan.saunches

State Minister for Industry, Investment and Commerce, Dr. the Hon. Norman Dunn, has welcomed Red Stripe’s Cellars Expansion for Beer (CERS) Production Project, which has increased the company’s brewing capacity, as creating a boost for Jamaica’s exports. “This significant investment in Jamaica’s manufacturing landscape has positive implications for export, which the Ministry wholeheartedly embraces andContinue reading “Red Stripe’s Expansion Project an Export Boost – Dr. Dunn”

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 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”

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”

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”

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 48th staging of Expo Jamaica, which allows Jamaican businesses to meet buyers from all over the globe, will be held from Thursday, April 27 to Sunday, April 30. This will be the first in-person staging of the event since the onset of the COVID-19 pandemic in March 2020. It will be held at theContinue reading “EXPO Jamaica to be Held from April 27 to April 30”

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”

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”

The Bureau of Standards Jamaica (BSJ), over the next few months, will target stakeholders in the Food, Construction and Tourism sectors as part of its new Public Relations Campaign to increase awareness about its services. New and reviewed Standards will also be launched to focus on important commodities, such as rice and fuel, as wellContinue reading “BSJ to Target Stakeholders in Food, Construction and Tourism Sectors”