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”
Category Archives: News
More entrepreneurs choosing company status
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”
PAY BETTER: Hill calls out companies to improve salaries
Minister of Industry, Investment and Commerce Aubyn Hill is calling on Jamaican employers to pay their employees better as part of efforts to stem the migration of skilled labour and to attract and keep workers to avert a crisis that is threatening continued economic growth. “If you’re not paying the right price, you not goingContinue reading “PAY BETTER: Hill calls out companies to improve salaries”
‘Play by the rules’ when doing business in other countries
Minister of Industry, Investment, and Commerce, Senator Aubyn Hill says that Jamaicans doing business in other countries ‘must play by the rules’ as they work to achieve success in their endeavours. “Live properly, clean, and don’t mess with the law. Make sure you follow the path in every country you operate in,” he said. “Don’tContinue reading “‘Play by the rules’ when doing business in other countries”
Hundreds of Participants Register for Expo Jamaica
Three hundred and seventy-four participants from across the world have registered for the 48th staging of Expo Jamaica, the largest exhibition and trade show in the Caribbean. Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill, made the announcement while speaking at a Jamaica Information Service (JIS) ‘Think Tank’, held today (April 4)Continue reading “Hundreds of Participants Register for Expo Jamaica”
Debt Collectors Urged to Act Professionally
Debt collectors are being urged to carry out their duties in a professional manner. A debt collector is a person or organisation that is in the business of recovering money owed on delinquent accounts. Addressing a recent Jamaica Information Service (JIS) Think Tank at the agency’s head office in Kingston, Chief Executive Officer, Consumer AffairsContinue reading “Debt Collectors Urged to Act Professionally”
JSEZA Big on Training
Training is a “big part” of how the Jamaica Special Economic Zone Authority (JSEZA) operates. In an interview with JIS News, Interim Chief Executive Officer (CEO), JSEZA, Kelli-Dawn Hamilton, informed that major focus is placed on providing on-the-job training for staff. “We have a very robust internship programme here at the Special Economic Zone AuthorityContinue reading “JSEZA Big on Training”
EXPO Jamaica to be Held from April 27 to April 30
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”
Senate Approves 2023 Appropriation Bill
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”
PHOTOS: Sen. Aubyn Hill Speaks at Indian Diaspora Conference
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”

