The coronavirus pandemic (COVID-19) has upended normal life, but it has also unleashed the resilience and entrepreneurial spirit for which Jamaicans are known. Deputy Chief Executive Officer (CEO) at the Jamaica Business Development Corporation (JBDC), Harold Davis, tells JIS News that the Companies Office of Jamaica (COJ) recorded its highest number of persons registering newContinue reading “COVID-19 Sparks Entrepreneurial Spirit Of Jamaicans”
Category Archives: News
20 MSEs to benefit from DBJ’s IGNITE III
THE Development Bank of Jamaica (DBJ) has enlisted five of its business service intermediaries to facilitate the capacity-building of 20 micro and small enterprises (MSEs) under the IGNITE programme over the next 12 months. The 20 MSEs will form the third cohort of the IGNITE programme, an initiative of the DBJ, and will interact withContinue reading “20 MSEs to benefit from DBJ’s IGNITE III”
Jampro unearthing new markets for investment with EDP
JAMAICA Promotions Corporation (Jampro), through the Economic Diplomacy Programme (EDP), said the initiative has already started to unearth opportunities in new markets. This, as the agency moves to exploit business opportunities that will generate foreign direct investments and boost trade for the country. The programme which is a joint collaboration with the Ministry of ForeignContinue reading “Jampro unearthing new markets for investment with EDP”
Medium, Small and Micro Enterprises (MSMEs) – Government Support and Business Registration
Medium, small and micro enterprises (MSMEs) are essential to the Jamaican economy, making up over 97% of the island’s taxpaying businesses. MSMEs are those that have between one and 50 employees and earn between $15 million and $425 million annually. The sector is responsible for the majority of employment in Jamaica and drives economic growthContinue reading “Medium, Small and Micro Enterprises (MSMEs) – Government Support and Business Registration”
Minister Shaw Calls On Companies To Aim For Quality Certification
The National Certification Body of Jamaica (NCBJ) has approved six companies for certification. The six are the Scientific Research Council – Food Pilot Plant; Newport-Fersan (Jamaica) Limited; IGL Limited; Caribbean Depot; the Jamaica Public Service Company Limited – System Protection and Control Department and Ket’s Organic Gourmet Farm. The NCBJ is the body responsible forContinue reading “Minister Shaw Calls On Companies To Aim For Quality Certification”
CAC gets historic $7-million payday for aggrieved consumer
THE smiles are broader these days in the corridors of the Consumer Affairs Commission (CAC) after its Protection Tribunal awarded a client $7.6 million, the largest-ever compensation granted by the watchdog body. Consumer activist Vernon Derby, host of Nationwide Radio’s At Your Service programme, reported the award on his Bark di Trute blog Friday, sayingContinue reading “CAC gets historic $7-million payday for aggrieved consumer”
National Compliance And Regulatory Authority Targets Legislation By 2022/23
Chief Executive Officer (CEO), National Compliance and Regulatory Authority (NCRA), Dr. Lorice Edwards Brown, says that the entity is working to have legislation in place within the next financial year. “You would have heard us talking and making reference to the BSJ (Bureau of Standards Jamaica) legislation because that still underlines and gives us theContinue reading “National Compliance And Regulatory Authority Targets Legislation By 2022/23”
Jamaica In V-Shaped Economic Recovery – Shaw
With Gross Domestic Product (GDP) growth of 14.20 percent recorded in the second quarter of 2021, the country is now in a V-shaped economic recovery. The disclosure was made by Minister of Industry, Investment and Commerce with portfolio responsibility for Agriculture and Fisheries, Hon. Audley Shaw during his address on day one of the JamaicaContinue reading “Jamaica In V-Shaped Economic Recovery – Shaw”
DBJ Signs Agreement with Business Service Intermediaries 20 MSEs to benefit from 12-month capacity building programme
The Development Bank of Jamaica (DBJ) today (Tuesday, November 16th) signed Agreement with five business service intermediaries (BSIs) to build the capacity of twenty Micro and Small Businesses (MSEs) over the next 12 months, and represents the third Cohort of the Bank’s IGNITE programme. The BSIs are: Caribbean Innovation Climate Centre (CCIC), Jamaica Business DevelopmentContinue reading “DBJ Signs Agreement with Business Service Intermediaries 20 MSEs to benefit from 12-month capacity building programme”
Entrepreneurs urged to exploit global growth trends
Amid global supply disruptions occasioned by the novel coronavirus pandemic, entrepreneurs are being urged to capitalise on new economic growth trends as potential opportunities for expanding their businesses. Minister of state in the Ministry of Industry, Investment and Commerce, Dr Norman Dunn, speaking to small enterprise owners at a recent Jamaica Business Development Corporation (JBDC)Continue reading “Entrepreneurs urged to exploit global growth trends”
