Author Archives: donovan.saunches

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”

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”

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”

Members of the Institute of Chartered Accountants of Jamaica (ICAJ) are being urged to support the Government’s pitch about investment opportunities in the country, particularly the Special Economic Zone (SEZ). Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill, made the call as he addressed a recent taxation webinar hosted by the ICAJ.Continue reading “Chartered Accountants Urged to Help Pitch SEZs”

KINGSTON, Jamaica – Local companies in the service, manufacturing and agricultural sectors, and from among micro, small and medium-sized enterprises (MSMEs), will be recognised at the National Quality Awards (NQA) Ceremony and Banquet, on Thursday, October 13. The NQA, a brainchild of the Bureau of Standards Jamaica (BSJ), is the country’s first quality systems-based awardContinue reading “Top local companies to be recognised at National Quality Awards”

Jamaica, ranked at 76th on the Global Innovation Index (GII) 2022, was the most innovative country in the region, when compared to its Caribbean island neighbours Trinidad and Tobago and Dominican Republic. However, the country fell two places below its 2021 ranking of 74th. The Dominican Republic placed 90th, jumping from 93rd last year, and TrinidadContinue reading “Jamaica the most innovative Caribbean country — report”

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”

Minister of Industry, Investment and Commerce (MIIC), Senator the Hon. Aubyn Hill, is leading a delegation of local public and private-sector interests on a business mission to Georgetown, Guyana. The mission, from October 2 to October 7, will include scheduled engagements with relevant government entities, senior government officials and business-to-business (B2B) meetings to explore opportunitiesContinue reading “Senator Hill Leads Business Mission to Guyana”

Thinking that it would be a good thing to avoid taxes and other obligations, some Jamaicans run their businesses under the radar in the hope of more cash taken home at the end of the day. However, they are missing out on many opportunities, one of which is growth funding. Investors and bankers alike areContinue reading “The benefits of company registration”