Investment Minister Aubyn Hill has expressed confidence that the National Investment Policy (NIP), which is to be tabled in Parliament soon, will create a smooth path for prospective investors to do business in Jamaica and reduce corruption. “The NIP … is designed to make sure we have a clear direction as to what we wantContinue reading “Hill: Nat’l Investment Policy to boost growth, reduce corruption”
Author Archives: donovan.saunches
Gov’t putting together land bank for investors
MONTEGO BAY, St James — Potential investors in Jamaica’s real estate sector will soon have an easier time identifying opportunities through a soon-to-be-developed land bank. Vice-president in charge of research, advocacy and project implementation at Jampro, Shullette Cox briefly spoke about the initiative during her presentation at the Invest Jamaica 2022 Business Conference on Tuesday.Continue reading “Gov’t putting together land bank for investors”
Gov’t Remains Committed to Facilitating an Enabling Business and Investment Environment
Minister of State in the Ministry of Industry, Investment and Commerce, Dr. the Hon Norman Dunn, says the Government remains committed to facilitating an enabling environment for investments and business development in Jamaica. Speaking at the official opening of Amazing Concrete Finishes’ (ACF) western office in Montego Bay, St James, on Saturday (November 26), Dr.Continue reading “Gov’t Remains Committed to Facilitating an Enabling Business and Investment Environment”
CAC secures $28m for aggrieved consumers
HE Consumer Affairs Commission’s (CAC) complaints division has for calendar year 2022 handled 1,201 complaint cases to date, of which 906 were resolved. This reflects a resolution rate of 75.43 per cent. In resolving these complaints, the CAC said it was able to secure $28,661,574.77 in compensation/refund on behalf of aggrieved consumers. In response toContinue reading “CAC secures $28m for aggrieved consumers”
Business Community Responded Well to COVID-19 Challenges – Permanent Secretary
Permanent Secretary in the Ministry of Industry, Investment and Commerce, Sancia Bennett-Templer, says Jamaica’s business community, including micro, small and medium-sized enterprises, responded well to the many global challenges caused by COVID-19 and the Russia-Ukraine war. “This, coupled with the Government’s strong fiscal policies and financial support to vulnerable sectors, ensured that Jamaica now hasContinue reading “Business Community Responded Well to COVID-19 Challenges – Permanent Secretary”
BOLD MOVE: Gov’t pushing plan allowing MSMEs to use intellectual property as collateral for loans
MINISTER of state in the Ministry of Industry, Investment and Commerce Dr Norman Dunn has declared that the Government has embarked on a game changing move with its decision to allow the use of intellectual property (IP) as collateral. “This undertaking is a bold and audacious endeavour that will potentially transform the business landscape andContinue reading “BOLD MOVE: Gov’t pushing plan allowing MSMEs to use intellectual property as collateral for loans”
JBDC to measure economic impact of creative, cultural industries
The Jamaica Business Development Corporation (JBDC) will be launching a creative voices survey later this month to obtain empirical data on the cultural and creative industries (CCI). Deputy Chief Executive Officer (JBDC) Harold Davis said that the survey will help to provide an economic impact assessment of the sector. “It’s important to understand that ifContinue reading “JBDC to measure economic impact of creative, cultural industries”
More Persons Encouraged to Become Entrepreneurs
As Jamaica’s resilience against the COVID-19 pandemic continues to fuel the economy’s gradual recovery from the resulting fallout, more persons are being encouraged to become entrepreneurs. This urging comes from Minister of State in the Ministry of Industry, Investment and Commerce, Dr. the Hon. Norman Dunn, who was speaking during the recent Young Entrepreneurs AssociationContinue reading “More Persons Encouraged to Become Entrepreneurs”
Delegation from Trinidad on Four-Day Trade Mission to Jamaica
A delegation comprising 17 companies from the twin-island republic of Trinidad and Tobago is now in Jamaica on a trade mission. The four-day visit by the companies, which span construction, food and beverage, logistics, packaging and printing, chemicals as well as other sectors, is part of an effort to expand and promote bilateral export tradeContinue reading “Delegation from Trinidad on Four-Day Trade Mission to Jamaica”
Dr. Dunn Tours Seprod’s Milk and Dairy Production Plant
Minister of State in the Ministry of Industry, Investment and Commerce, Dr. the Hon. Norman Dunn on Friday (November 18) toured Seprod’s Milk and Dairy Production Plant in St. Catherine, as part of activities to mark World Antimicrobial Resistance Week. World Antimicrobial Resistance Week is being observed from November 18 -24, under the sub-theme ‘AntimicrobialContinue reading “Dr. Dunn Tours Seprod’s Milk and Dairy Production Plant”
