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Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill (right), converses with Conceptualiser of the Keys to LATAM Conference and Chief Executive Officer of Adtelligent, Craig Powe (left), during the event, held at Spanish Court Hotel in New Kingston on Thursday (September 7).

 

Local Businesses Urged to Tap into Latin American Market

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 14 Sep 2023    user   
Jamaican micro, small and medium-sized enterprises (MSMEs) are being encouraged to tap into the Latin American (LATAM) market as they seek to expand their businesses. Delivering the keynote address at the Keys to LATAM Conference held at the Spanish Court Hotel in New Kingston on Thursday (September 7), Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill, said economic collaboration between Jamaica and Latin America has been limited. “It is something that we have not really focused on and I need us to get a sharper, clearer focus on doing business with Latin America...


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Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill (centre), along with (from left) Chief Executive Officer, Jamaica Business Development Corporation (JBDC), Valerie Veira and Chief Executive Officer, Suga Lifestyle, Gabrielle Burgess, view an art piece at the Women’s Empowerment Art and Lifestyle Expo Launch, held on August 18 at the AC Hotel in Kingston. The Expo seeks to promote local businesses and entrepreneurs, with a focus on the Micro, Small and Medium-sized Enterprise (MSME) sector. It will also highlight the critical role of women and their contribution to this sector, which remains vital to the Jamaican economy.

Senator Aubyn Hill at Suga Lifestyle’s MSME Empowerment Expo

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 14 Sep 2023    user   
EXECUTIVE DIRECTOR of the Jamaica Business Development Corporation (JBDC), Valerie Veira, wants a vibrant and sustainable Jadire batik textile cottage industry. She expressed that desire at the recent opening of Alao Luqman Omotayo’s solo exhibition of Jadire batik fabrics in the hall of The University of the West Indies Regional Headquarters, along Mona Road in St Andrew. Alao is Nigerian cultural diplomat working at the JBDC for the past six years through bilateral relationships between Jamaica and Nigeria. He has been training many cohorts in a variety of skills, including the production...


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Executive Director at the Jamaica Business Development Corporation Valerie Veira (left), and Nigerian High Commissioner to Jamaica Dr Maureen Tamuno at the opening of Alao Luqman Omotayo’s batik fabric solo exhibition on Monday, August 28 inside The University of the West Indies Regional Headquarters, along Mona Road in St Andrew.

JBDC bats for a Jadire fabric cottage industry

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 14 Sep 2023    user   
EXECUTIVE DIRECTOR of the Jamaica Business Development Corporation (JBDC), Valerie Veira, wants a vibrant and sustainable Jadire batik textile cottage industry. She expressed that desire at the recent opening of Alao Luqman Omotayo’s solo exhibition of Jadire batik fabrics in the hall of The University of the West Indies Regional Headquarters, along Mona Road in St Andrew. Alao is Nigerian cultural diplomat working at the JBDC for the past six years through bilateral relationships between Jamaica and Nigeria. He has been training many cohorts in a variety of skills, including the production...


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Government has said that while it looks to make adjustments to existing trade agreements, the outlook was to look beyond these long-standing arrangements, to engage new strategies for export growth.

Government to review trade deals as it explore new export opportunities

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 11 Sep 2023    user   
Government, in its push to sell more local products to the international market, says its strategy isn't to settle with any one approach but to engage a myriad of strategies as it seeks to drive exports and to settle perennial trade imbalances. While acknowledging data which point to an underutilisation of a number of trade deals, Senator Aubyn Hill, Jamaica's minister of industry, investment and commerce, told the Jamaica Observer that even as the Government moves to make adjustments where it can to ramp up growth in some areas, the outlook was to look beyond these long-standing arrangements...


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Newly appointed Film Commissioner at the Jamaica Promotions Corporation (JAMPRO), Jacqueline Jackson.

AI Can Be Seen as an Opportunity – Film Commissioner

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 11 Sep 2023    user   
Local filmmakers and creatives are being encouraged to capitalise on the opportunities that exist from Artificial Intelligence (AI) while educating themselves about the associated threats. Speaking with JIS News, newly appointed Film Commissioner at the Jamaica Promotions Corporation (JAMPRO), Jackie Jacqueline Jackson, said that the industry will have to contend with AI. “AI is coming and whether or not we want to accept it, it’s here. And so, there are the pros and the cons,” she noted. She pointed out that to navigate these new times, creatives must ensure that they are properly informed...


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Industry Ministry Removing Barriers to Push Exports

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 11 Sep 2023    user   
The Ministry of Industry, Investment and Commerce is seeking to remove barriers to get small businesses to increase exports. Portfolio Minister, Senator the Hon. Aubyn Hill, said the Ministry has several programmes designed to assist small business operators to export their goods and services. Senator Hill was speaking on the Nationwide News Network (NNN) radio segment ‘Ask the Minister’, on August 15. “Some of those barriers are, frankly, financial barriers, so we developed a programme in the ministry called the Productive Inputs Relief (PIR),” the Minister pointed out. The PIR scheme...


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Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill.

 

Businesses Urged to Sign Up for New York, London Trade Missions

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 11 Sep 2023    user   
Businesses interested in participating in two upcoming overseas missions being organised by the Ministry of Industry, Investment and Commerce are encouraged to complete and submit the relevant application forms by Monday, August 21. Portfolio Minister, Senator the Hon. Aubyn Hill, will be leading the trade missions to New York and London that are slated for September 24 to 26 and September 26 to 30, respectively. They are geared towards positioning Jamaica as a destination of choice for sourcing quality goods and services. The application form can be accessed at https://forms.office.com/r/...


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The port of Kingston.

Export readiness: Proactive measures for small businesses in global markets

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 07 Sep 2023    user   
VENTURING into international markets can be a formidable task for small businesses. To do so they often need help finding distribution channels, gaining access to trade shows and expos, making contact with buyers, and acquiring the technical knowledge to transform their operations for export. Many companies turn to organisations such as the Jamaica Promotions Corporation (Jampro) for advice. Others have joined Jampro's Export Max programme which helps them connect with new overseas markets to maximise export sales. But the journey to export success is not uniform for all. Some companies...


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Luke Phillips.

Registration of a business in Jamaica

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 07 Sep 2023    user   
Is it easy to do business in Jamaica? That is a question that has been on the mind of corporate investors, the Ministry of Finance, the Ministry of Industry and Commerce, the World Bank, the Financial Action Task Force (FATF), companies (small and large) and, especially, the aspiring local entrepreneur. It has been a goal for some time to make it as easy to register and operate a business in Jamaica as it is in most "developed" countries in the world. I propose in a series of articles, to outline some of the requirements to do business in Jamaica, and to hopefully answer the question of...


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The Ministry

Welcome to the official website of the Ministry of Industry, Investment and Commerce.

The Ministry of Industry, Investment and Commerce is described as Jamaica's "Business Ministry." It's mandate is to lead the development of policies that will create growth and jobs, while achieving social inclusion and consumer protection. The Ministry, working its stakeholders is primarily responsible for business policy development, monitoring and evaluation, while giving direction and oversight to a cluster of implementing departments and agencies.

We have, therefore, placed much energy and enthusiasm into the development of this website to provide timely information on the Ministry, our agencies and programmes.

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The Ministry of Industry, Investment and Commerce - https://www.miic.gov.jm