Category Archives: News

The Senate, on Friday (October 28), approved the appointment of a Special Select Committee to review the Bail Act, 2022. The legislation, which will reform the bail framework in the criminal justice system, comprises 24 Clauses and four schedules. It will repeal and replace the existing Act of 2000. Committee members from the Upper HouseContinue reading “Senate Approves Parliamentary Committee Appointed to Review Bail Act, 2022”

Inventors and entrepreneurs can now access funding support under the Development Bank of Jamaica (DBJ) $100-million patent grant facility. Manager for DBJ’s Boosting Innovation, Growth and Entrepreneurship Ecosystems (BIGEE) Programme, Christopher Brown, made the announcement during a Jamaica Information Service (JIS) Think Tank at the agency’s head office in Kingston on Thursday (October 27). TheContinue reading “$100M DBJ Patent Grant Facility Now Available to Entrepreneurs and Inventors”

Invest Jamaica is a high-level investment conference, to be held over two days, will focus on delivering impactful face to face engagements between 400 specially invited investors and senior business executives from across the globe. This forum will showcase Jamaica’s investment potential, highlight various sector-based opportunities to the global business market and present the InvestContinue reading “INVEST JAMAICA 2022 BUSINESS CONFERENCE”

Many investors are looking towards the island to do business, as the Jamaican economy is performing well, says Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill. Addressing the Sagicor/PriceSmart credit card launch in Portmore, St. Catherine, on October 28, the Minister argued that the climate for investors is right, and consumer confidenceContinue reading “Investors Looking to Do Business in Jamaica – Industry Minister”

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”

The Bureau of Standards Jamaica (BSJ) continues to support micro, small and medium-sized enterprises (MSMEs) in achieving business success, through the National Quality Awards (NQA) mentorship programme. The mentorship programme, initiated by the BSJ, was created under the NQA programme and aims to support MSMEs that participated in the NQA programme to standardise their operations.Continue reading “MSMEs Get Support Through NQA Mentorship Programme”

The Government continues to implement key initiatives aimed at increasing the ease of doing business in Jamaica. Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill, notes that “we have been digitalising our services with initiatives such as the national business portal, which (Jamaica Promotions Corporation) JAMPRO manages”. “This Ministry is also targetingContinue reading “Gov’t Initiatives Ongoing to Facilitate Ease of Doing Business”

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”

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