Category Archives: News

Greater collaboration among local businesses is required to capitalise on export and investment opportunities in other countries, argues Managing Director of the Kinetic Group, Keon Hinds. Addressing a Jamaica Information Service (JIS) ‘Think Tank’ on February 8, Mr. Hinds said this became a reality after his participation in the second trade mission to Guyana, ledContinue reading “Businessman Says Greater Collaboration Needed to Capitalise on Foreign Opportunities”

The commitment to enhance trade between Jamaica and Africa remains resolute, says Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill. “We recognise that while we do not yet have a bilateral agreement that speaks specifically to trade between Africa and Jamaica, we believe that there are profitable opportunities for trade and investmentContinue reading “Commitment to Enhance Trade Between Jamaica and Africa Remains Resolute – Industry Minister”

Local designers are being encouraged to participate in the Jamaica Business Development Corporation (JBDC) textiles workshop series, which aims to explore decoration techniques using hand painting. The workshops will be held in two parts, each comprising four sessions. The first workshop, scheduled for February 14, 16, 21, and 23, will concentrate on silk painting, andContinue reading “JBDC Stages Textiles Workshop Series”

In an update on lending operations in documents laid in Parliament on February 7, 2023, The National Export-Import Bank of Jamaica Limited (Exim Bank) reported that Jamaicans are continuing to benefit from the use of its facilities for Cuban exports. The update, coming from the bank’s 2020-2021 annual report, indicated that Exim continued to makeContinue reading “Exim Bank: Cuban market exports still moving”

Newly appointed head of the Caribbean Telecommunications Union (CTU), Rodney Taylor, says new standards to govern international mobile telecommunications are needed as the Caribbean moves inevitably towards 5G technology. Taylor’s comments come against the background that the Caribbean is now faced with increased demands for Wi-Fi services to support consumer devices for applications such asContinue reading “New standards to govern international mobile telecommunications needed – Taylor”

Jamaican investors are invited to form a consortium to undertake the development of the proposed Caymanas Special Economic Zone (SEZ) in St. Catherine. Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill, made the call, while addressing a Rebranding and Quality Recognition ceremony held at the AC Hotel by Marriott in Kingston recently.Continue reading “Senator Hill Wants Local Consortium to Undertake Caymanas SEZ Development”

Jamaica’s recent trade mission to Guyana was a success, with several contracts established, especially in construction and technology, to supply Guyana with building materials and technological support. The construction supplies, which are soon to be exported, will aid in the development of roads, hospitals, schools and lower- to upper-income housing solutions. In addition, local informationContinue reading “Construction, Technology Contracts Secured from Trade Mission to Guyana”

  Around 60 business operators and managers recently returned to Jamaica after embarking on a mission in Guyana to scout more trade opportunities. The delegation, which visited between January 24 and 27, was one of the first major initiatives after the rebrand of the Ministry of Industry, Investment and Commerce as Jamaica’s Business Ministry. “We’reContinue reading “Exporters urged to see Guyana as emerging trade frontier”

The Government is moving closer to developing legislation to regulate and guide the social enterprise sector in Jamaica. Minister of State in the Ministry of Industry, Investment and Commerce, Dr. the Hon. Norman Dunn, said that consultations are being undertaken with the relevant stakeholders to finalise a submission to Cabinet “after which we will continueContinue reading “Developing Social Enterprise Legislation”

The Ministry of Industry, Investment and Commerce (MIIC) is inviting Micro, Small and Medium Enterprises (MSMEs) to submit applications for the Public Procurement Readiness Project. The project will be implemented by the Jamaica Business Development Corporation (JBDC).   The project is seeking to target 150 MSMEs to increase their participation in the public procurement process,Continue reading “PUBLIC PROCUREMENT READINESS PROJECT: CALL FOR APPLICATIONS”