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Members of the Jamaican Delegation who participated in the 2nd Ministerial Trade Mission to Guyana January 24 – 27, 2023

Guyana hosts the largest private sector delegation from the Caribbean

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 31 Jan 2023    user   
The Jamaica Promotions Corporation ( JAMPRO ) and Senator the Honourable Aubyn Hill, Minister of Industry, Investment, & Commerce led an inward Jamaica Private Sector delegation, facilitated by the Guyana Government, Office of Investment (Guyana Invest). Meetings have been held in collaboration with key stakeholders of the Government and Private agencies with over sixty-nine (69) companies from backgrounds ranging from Construction, Mining, ICT & Cyber Security, Water Management, Education, Agriculture, Financial Services and Labour to name a few are part of this mission. This mission...


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Executive Director, Jamaica Intellectual Property Office (JIPO), Lilyclaire Bellamy.

Intellectual Property Being Positioned as Collateral for MSME Loan Access

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 31 Jan 2023    user   
Micro, small and medium-sized enterprise (MSME) operators will soon be able to use their Intellectual Property (IP) as collateral to access loans from financial institutions. This was disclosed by Executive Director of the Jamaica Intellectual Property Office ( JIPO ), Lilyclaire Bellamy, during an interview with JIS News on Thursday (January 26). Ms. Bellamy said the Security Interests in Personal Property Act, 2013 makes provisions for businesses to tap into a more comprehensive range of collateral options, besides land, to access secured loans. These include inventory, accounts receivables...


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Assistant Manager, Business Advisory Services, Jamaica Business Development Corporation (JBDC), Keera Walters.

Tax Talk for Registered Businesses

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 31 Jan 2023    user   
Owners and operators of registered businesses are being invited to participate in a virtual workshop dubbed ‘Tax Talk 2023’, being organised by the Jamaica Business Development Corporation (JBDC) in partnership with Tax Administration Jamaica (TAJ). The event will be held over two days on Tuesday (January 31) and Wednesday (February) 15 at 7:30 p.m. and 9:00 a.m. respectively, both days via the Zoom platform. Interested persons are being asked to send an email to workshops@jbdc.net on or before January 30 to register. Assistant Manager for Business Advisory Services at JBDC, Keera Walters,...


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Finance Minister Dr. Ashni Singh engaging memebrs of the Jamaican business delegation on Tuesday (Photo: News Room/ January 24, 2023)

Jamaican Business Minister backs local content focus in Guyana … Encourages large Jamaica business delegation to find partners

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 25 Jan 2023    user   
Jamaicans believe that there are abundant business opportunities in Guyana and the country’s Minister of Industry, Investment and Commerce Aubyn Hill said Tuesday that the Guyana Government’s focus on local content is no deterrent. Hill is leading a 75-member business delegation to Guyana, just three months after he visited the country with a smaller delegation. According to him, Jamaican companies are deeply interested in entering the local market. He has encouraged them to look for Guyanese partners for their new ventures. “I like the Guyanese content arrangement for government contracts,”...


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Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill (centre), speaks about the second trade mission to Guyana, which will take place from January 23 to 28. He was addressing a Jamaica Information Service (JIS) Think Tank on January 12. Minister Hill is flanked by President (Acting) of the Jamaica Promotions Corporation (JAMPRO), Shullette Cox (left) and Chief Executive Officer at Konnexx Services Limited, Dean Nevers.

Senator Hill to Lead Second Trade Mission to Guyana

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 20 Jan 2023    user   
Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill, will head Jamaica’s 60-member delegation to Guyana from January 23 to 28 for a second trade mission. The visit will focus on strengthening previously established partnerships with Guyanese businesses as well as increasing trade and investment opportunities between the two countries. Addressing a Jamaica Information Service (JIS) Think Tank on Thursday (January 12), Senator Hill shared that he foresees “Jamaica and Guyana building formidable business, commercial and even broader political arrangements”. “Jamaica is...


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Kamesha Blake, executive director of Jamaica Manufacturers and Exporters Association (JMEA); John Mahfood (seated right), president of the JMEA; (standing, from left) Senator Aubyn Hill, minister of industry, investment and commerce; and Courtney Campbell, president and CEO, VM Group, watch as Conroy Rose, ,CEO, VM Pensions Management Ltd, signs the memorandum of understanding establishing the JMEA Retirement Account. (Photo: Garfield Robinson)

Closing the pension gap

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 20 Jan 2023    user   
RESEARCH carried out by the International Labour Organization (ILO) Regional Office for Latin America and the Caribbean, which was released last month, has found that more than a third of retirees are either unpensioned or do not have an income to sustain them. Coming out of the study, "The ILO has warned that old age-related social protection coverage is deteriorating, leaving 34.5 per cent of people over 65 without any labour-related income or pension, a situation of vulnerability and economic security that has been made worse by the COVID-19 crisis. In 2019, just ahead of the pandemic, 31...


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Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill, addressing stakeholders at a Rebranding and Quality Recognition Ceremony, held at the AC Hotel by Marriott in Kingston, on Wednesday (January 18).

Industry, Investment and Commerce Ministry’s 2023 Strategic Objectives Outlined

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 20 Jan 2023    user   
The Ministry of Industry, Investment and Commerce’s strategic objectives for 2023 will focus on increasing exports and local direct investments, and training unattached youth. Portfolio Minister, Senator the Hon. Aubyn Hill, outlined details of these during the Ministry’s Rebranding and Quality Recognition Ceremony on Wednesday (January 18), at the AC Hotel by Marriott in Kingston. Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, and executives of the Industry Ministry’s departments and agencies, were among the guests attending. Senator Hill said the Ministry will be...


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Permanent Secretary Sancia Bennett Templer (right) and Minister of Industry, Investment and Commerce Aubyn Hill display a strip showing the Jamaica’s Business Ministry rebrand at a certification ceremony at the AC Hotel Thursday.

Jamaica’s Business Ministry rebrands to help woo investors

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 20 Jan 2023    user   
The Ministry of Industry, Investment and Commerce has been rebranded Jamaica’s Business Ministry. The rebranding was announced by Senator Aubyn Hill, minister of industry, investment and commerce, on Wednesday evening during a Rebranding and Quality Recognition ceremony held at the AC Hotel. Hill said one objective of the rebranding effort is to grow Jamaica exports, starting with more targeting Guyana. Another objective is to woo prospective business investors to seek assistance and intervention from the ministry or its agencies. “The biggest part of the $815.3 billion that Minister (Nigel)...


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Chief Executive Officer, Consumer Affairs Commission, Dolsie Allen.

National Consumer Protection and Welfare Policy Development Nearing Completion

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 20 Jan 2023    user   
The National Consumer Protection and Welfare Policy, being developed by the Consumer Affairs Commission (CAC), is nearing completion. Chief Executive Officer (CEO) of the CAC, Dolsie Allen, told JIS News that the Policy, which is expected to be implemented this year, is “more than 85 per cent complete”. She informed that it will be used to govern the operations of the CAC and all other government agencies that have some consumer protection component within their mandate. “The whole aim is to empower our consumers… let them know that the Government has an interest in the consumers. We are the...


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President (Acting) of the Jamaica Promotions Corporation (JAMPRO), Shullette Cox, speaks at a recent Jamaica Information Service (JIS) Think Tank.

Local Businesses Seek New Buyers in Guyanese Market

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 20 Jan 2023    user   
Local businesses across various sectors will be exposed to new buyers in the Guyanese market as part of the second ministerial trade mission to the country. The mission, which will be led by the Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill, is scheduled to take place from January 23 to 28. “With export being a primary focus for JAMPRO , one of the important inroads that we want to make in Guyana is to expose our exporters, both on the manufacturing and agricultural side, to new buyers and new distributors in the Guyanese market,” said President (Acting) of the...


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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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