Author Archives: donovan.saunches

The Consumer Affairs Commission (CAC) has reported that between August and September 2024, there was a noticeable easing of price increases, compared to the sharp spikes seen in previous months. Making a Ministerial Statement in the Senate on September 27, Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill, said the Commission willContinue reading “CAC Reports Ease in Price Increases Between August and September”

Jewellery enthusiasts are being reminded to register for the upcoming Jamaica Business Development Corporation (JBDC) four-day workshop, ‘The Perfect Finish: Metal Meets Wood’, before the October 2 deadline. To be held every Saturday in October at the JBDC Incubator & Resource Centre, this immersive workshop will delve into advanced jewellery-making techniques, with a special focusContinue reading “Jewellery Enthusiasts Reminded to Register for JBDC Workshop”

Minister of Industry, Investment & Commerce, Senator the Hon. Aubyn Hill, is charging local engineers to lead the way in bolstering the cohort of professionals across the island. He made the call while addressing the opening of the Jamaica Institution of Engineers (JIE) Engineers’ Week Conference & Expo at The Jamaica Pegasus hotel in NewContinue reading “Local Engineers Urged to Take Lead in Bolstering Professionals”

Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill, says the Consumer Affairs Commission (CAC) continues to closely monitor the commercial trade to ensure businesses do not exploit the impact of Hurricane Beryl to engage in price gouging. Price gouging refers to the practice of increasing the prices of goods, services or commoditiesContinue reading “CAC Monitoring Local Commercial Trade for Post-Hurricane Price Gouging”

  he Companies Office of Jamaica (COJ) has launched its innovative Online Beneficial Ownership Training (OBOT)  Platform to empower stakeholders with the knowledge they need to navigate the complexities of beneficial ownership. OBOT Platform, available at www.botrainingjamaica.com, will provide courses focused on beneficial ownership to the public. It offers an opportunity to gain a deeperContinue reading “Companies Office unveils beneficial ownership training platform”

Business operators in Jamaica’s Special Economic Zones (SEZs) are being urged to register as data controllers in an effort to mitigate risks and increase investor interest. Under the Data Protection Act, persons who hold, receive, use, collect or deal with personally identifiable information of any individual are considered data controllers, and must register with theContinue reading “SEZ Business Operators Urged to Register as Data Controllers”

Industry, Investment and Commerce Minister, Senator the Hon. Aubyn Hill, is highlighting the local starch industry as a major sector for investment to boost food security and economic prosperity. He noted that the sector has significant potential for commercial activities to serve local and export markets. Investing in the cultivation of produce such as sweetContinue reading “Industry Minister Promoting Investment in Starches”

The Jamaica Business Development Corporation (JBDC) is set to embark on the second year of its transformative digital transition programme. This undertaking is aimed at, among other things, assisting in propelling Jamaica into a fully digital economy. JBDC Chief Executive Officer, Valerie Veira, made the announcement in her remarks delivered during the Digital Jamaica SummitContinue reading “JBDC Embarking on Second Year of Digital Transition Programme”

An Anti-Money Laundering (AML) Unit has been established within the Companies Office of Jamaica (COJ) to enhance regulatory compliance and transparency. This strategic move comes in response to the heightened scrutiny and monitoring efforts by the Financial Action Task Force (FATF) to combat money laundering and ensure financial integrity. Speaking at a recent Jamaica InformationContinue reading “COJ Establishes Anti-Money Laundering Unit”

Agency says cost of critical basic food items remains relatively constant Although there were concerns raised that some proprietors may have been unjustly increasing the prices of goods and services in the aftermath of Hurricane Beryl, the Consumer Affairs Commission (CAC) said it has found no evidence to support this. The agency that is responsibleContinue reading “CAC: No sign of price gouging”