Category Archives: News

With just 12 per cent of the working population having a pension and/or retirement scheme, Minister of Industry, Investment and Commerce Senator Aubyn Hill has encouraged VM Pensions Management Limited to go after the remaining market share. The minister was speaking at the launch of the Jamaica Manufacturers and Exporters Association Retirement Account (JMEARA) onContinue reading “Go for the Unpensioned | Investment Minister Urges VM Wealth”

Chief Executive Officer (CEO) of the Jamaica National Agency for Accreditation (JANAAC), Sharonmae Shirley, has been appointed Vice-Chair of the Inter-American Accreditation Cooperation (IAAC). Ms. Shirley, who has been a member of the IAAC since 2010, was appointed the role of Vice-Chair on August 19, following a unanimous vote during elections held at the IAAC’sContinue reading “JANAAC CEO Elected New IAAC Vice-Chair”

Kingston, Jamaica – Senator the Honourable Aubyn Hill, Minister of Industry, Investment and Commerce has welcomed the reduction in price announced by Restaurants of Jamaica, operators of KFC for some of its products. The Minister said the reduction is appropriate given a similar announcement issued last month by the Jamaica Broilers Group. “I have noContinue reading “Aubyn Hill Says KFC Price Reduction a Welcome Move for Consumers”

Speaking today at the listing of One on One Educational Services Limited on the Jamaica Stock Exchange, Senator Aubyn Hill, minister of industry, investment and commerce, stressed the importance of Jamaican companies possessing the ability to export to markets outside Jamaica, particularly territories that have high performing economies with big populations. He also congratulated theContinue reading “Senator Aubyn Hill | Jamaican Businesses Must Focus on Exporting Goods”

The Ministry of Industry, Investment and Commerce (MIIC) is on a path to become the first Government Ministry to attain ISO 9001:2015 certification, says State Minister, Dr. the Hon Norman Dunn. “At the end of July this year, we participated in stage two of the certification audit, and we have been recommended for certification. So,Continue reading “MIIC on Path to Become First Ministry Attaining ISO 9001:2015 Certification”

Kingston, Jamaica: Senator the Honourable Aubyn Hill, Minister of Industry, Investment and Commerce has welcomed the reduction in the price of Best Dressed Chicken products announced last Wednesday by the Jamaica Broilers Group. The price reduction of $12.50 per kilo off the list price of Grade-A whole bird and mixed parts chicken became effective on Thursday, AugustContinue reading “Industry Ministry Welcomes Chicken Meat Price Cut”

The Development Bank of Jamaica (DBJ) is making loans available to micro, small, and medium enterprises in the transport and entertainment sectors as they seek to rebound from the COVID-19 hit. The DBJ will make $500 million available for those in the entertainment sector through a network of financial and microfinance institutions. The businesses willContinue reading “DBJ Revs up COVID Recovery Loans for Transport, Entertainment Sectors”

Dr. the Honourable Norman Dunn, Minister of State in the Ministry of Industry, Investment and Commerce is encouraging the Credit Union movement in Jamaica to remain in touch with the unique needs of members, even as it endeavours to expand the use of technology. Speaking at the 5th Annual General Meeting of Gateway Co-operative Credit Union yesterday,Continue reading “Credit Union League Encouraged to Maintain Access for Ordinary Jamaicans”

The Companies Office of Jamaica (COJ) has relaunched its COVID-19 Compliance Relief Initiative in an effort to further assist businesses and companies hit hard by the pandemic to formally close without paying the full fees associated with filing closure notices. The initiative, which previously ran for more than a year, will run for another six monthsContinue reading “COJ Closure Amnesty Extended”

As part of its thrust to create an enabling environment for Jamaican micro, small and medium-sized enterprises (MSMEs), the Jamaica Business Development Corporation (JBDC) has as one of its strategic goals “providing access to adequate and appropriate financing” for the businesses in that sector. The JBDC is Jamaica’s premier business support organisation that helps localContinue reading “JBDC Helping MSMEs to Access Finance”