Author Archives: donovan.saunches

The government is a step closer to developing Jamaica’s secondary market for movable assets which will allow small businesses to access funding through asset-based lending (ABL) by using movable assets as collateral for loans. This, after the publishing of findings of an assessment of secondary markets for movable assets in Jamaica by the World Bank’sContinue reading “Government developing secondary market for movable assets to improve access to finance for MSMEs”

The Consumer Affairs Commission (CAC) has increased its market surveillance by 45 per cent following the verification of Jamaica’s first confirmed positive case of the COVID-19 virus in March of last year. Speaking at a virtual forum held recently under the theme #JamaicaConsumerTalks, CAC Chairman, Donovan White, said that the agency took immediate action toContinue reading “CAC Increases Market Surveillance”

State Minister in the Ministry of Industry, Investment and Commerce, Dr. the Hon. Norman Dunn, is hailing the Consumer Affairs Commission (CAC) for the continued development of their mobile app. Speaking at a virtual forum, held recently under the theme #JamaicaConsumerTalks, Dr. Dunn said it is clear that the agency is committed to its responsibilityContinue reading “State Minister Commends CAC For Continued Development Of App”

State Minister in the Ministry of Industry, Investment and Commerce, Dr. the Hon. Norman Dunn and Chief Executive Officer of the Jamaica National Agency for Accreditation (JANAAC), Sharonmae Shirley, are encouraging citizens to utilise accredited medical labs. “It is important, and I can’t overemphasise that persons need to access accredited facilities. Accreditation underscores data quality,Continue reading “Citizens Encouraged To Use Accredited Labs For Testing”

The Jamaica Business Development Corporation (JBDC) will stage a virtual Business Dialogue today, Wednesday (March 10) under the theme ‘Agriculture Is Big Business: Beyond Crop & Catch’. The forum is scheduled to begin at 5:30 p.m. and will include presentations from the Minister of Agriculture and Fisheries, Hon Floyd Green and State Minister in theContinue reading “JBDC To Stage Virtual Business Dialogue On Agriculture Today”

As the Government continues to strengthen the nation’s coronavirus (COVID-19) testing capabilities, Chief Executive Officer of the Jamaica National Agency for Accreditation (JANAAC), Sharonmae Shirley, is assuring that only test kits approved by the World Health Organization (WHO) and the Ministry of Health and Wellness are being used in accredited medical testing facilities. “Currently inContinue reading “Only Approved COVID-19 Test Kits Being Used By Accredited Local Labs”

State Minister in the Ministry of Industry, Investment and Commerce, Dr. the Hon. Norman Dunn, says the Consumer Affairs Commission (CAC) has been closely monitoring the prices for coronavirus (COVID-19) tests at accredited labs to ensure fair trade. “The Ministry has tasked the Consumer Affairs Commission to be vigilant in the marketplace, to ensure thatContinue reading “CAC Monitors Prices For COVID-19 Tests At Accredited Labs”

Jamaicans in the diaspora are being encouraged to invest in several potential areas of opportunity that have been identified locally by Jamaica Promotions Corporation (JAMPRO). JAMPRO Vice President for Sales and Promotion, Norman Naar, says they include tourism, agriculture/agro-business, manufacturing, and mining, noting that these and others are key investment opportunities that position Jamaica asContinue reading “Jamaicans In Diaspora Encouraged to Invest in Local Ventures”

The Jamaica Business Development Corporation (JBDC) says there are many benefits that operators within the agricultural sector can access by formalising their operations. Speaking with the JIS News, Assistant Manager, Business Advisory Services at the JBDC, Keera Walters, argues that formalisation is the key to farmers and fisherfolk achieving economic growth. “Formalisation enables you toContinue reading “JBDC Outlines Benefits For Formal Operators In The Agricultural Sector”

There is renewed enthusiasm within the Micro Small Medium Enterprise (MSME) sector, following the recent announcement by the Minister of Finance and the Public Service, Dr. The Hon. Nigel Clarke’s of the removal of the Customs Administration Fee (CAF) during his presentation in the opening of the 2021/2022 budget debate. The removal of the CAFContinue reading “Removal of CAF sparks renewed fervour in MSME sector”