Author Archives: donovan.saunches

More focus must be placed on exports to improve the country’s trade gap, says Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill. Citing 2021 data, the Minister said Jamaica imported products and services valued at US$5.975 billion, as against exports valued at US$1.441 billion. The Minister was making his contribution to theContinue reading “Industry Minister Says Country Must Increase Exports”

Seeking to double down on the growth and promotion of environmentally friendly solutions, the National Export-Import Bank of Jamaica (EXIM Bank) said it is now working to revamp and bring to market a new solar loan product. EXIM’s Managing Director Lisa Bell, speaking a recent Jamaica Observer Business Forum, said the new product will add to its 16Continue reading “EXIM heats up solar loan product”

Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill, is encouraging Jamaican businesses and households to invest in green technologies. He said that the Ministry stands ready to provide the relevant information and guidance to help companies and individuals become climate smart. “We are prepared to offer support, working through our partners, stakeholdersContinue reading “Jamaicans Urged to Get Climate Smart”

The Jamaica National Agency for Accreditation (JANAAC) is encouraging food certification bodies to get accredited under its new accreditation scheme – the United States Food and Drug Administration Accredited Third-Party Certification Programme (FDA TPP). This will facilitate market access for regional manufacturers, especially small and medium-sized entities producing food for export to the United StatesContinue reading “Food Certification Bodies Encouraged to Get Accredited Under New Scheme”

Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill (right) presents General Manager, Dairy Industries Jamaica Limited, Radcliffe Walker with the National Quality Award during the Bureau of Standards Jamaica’s (BSJ) National Quality Awards Ceremony and Banquet on October 13 at the Jamaica Pegasus Hotel, Kingston.   Source: JIS 

Micro, small and medium-sized enterprises (MSMEs) wishing to take their businesses online can now benefit from funding through the National Export-Import (EXIM) Bank of Jamaica’s ‘EXIM E-commerce Funder’. The $100-million loan fund, which is a partnership between the EXIM Bank and the Jamaica Manufacturers and Exporters Association (JMEA), was launched in September to help businessesContinue reading “$100 Million in Loans Available for MSMEs Through EXIM Bank E-Commerce Funder”

Jamaica has added its first North African company to the growing Global Digital Services Sector, which currently has more than 70 firms. The island is also the first Caribbean country to be selected to carry out business processing, information technology (IT), innovative consulting, and multichannel CX operations for global outsourcing giant, Intelcia, located in Morocco.Continue reading “North African Company Joins Growing Global Digital Services Sector”

Businesses are being encouraged to consider driving their operations utilising renewable energy. This urging comes from Minister of State in the Ministry of Industry, Investment and Commerce, Dr. the Hon. Norman Dunn, who said “customers and big investors are switching allegiance to companies that pay greater attention to how their operations impact the natural environment”.Continue reading “Businesses Encouraged to Power Operations with Renewable Energy”

ST JAMES, Jamaica – Minister of State in the Ministry of Industry, Investment and Commerce, Dr Norman Dunn, is encouraging businesses to consider driving their operations utilising renewable energy. Dr Dunn, who was addressing the commissioning of a solar-powered plant at Austrojam Limited in Bluntas, St Elizabeth, on Saturday, said customers and big investors areContinue reading “Industry State Minister urges businesses to power operations with renewable energy”

The Trade Board Limited (TBL) continues to promote the Jamaica Trade Information Portal (JTIP), which provides exporters and importers with data on the regulatory requirements to conduct trade transactions via the Internet. On Thursday, October 6, representatives from the TBL presented the information portal to the United States Diplomatic Corps. The presentation demonstrated the tradeContinue reading “Trade Board Continues to Promote JTIP”