Author Archives: donovan.saunches

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 goalContinue reading “Registration of a business in Jamaica”

Distinguished business leader, Mark Myers, has been appointed the new Board Chairman of Jamaica Promotions Corporation (JAMPRO). The announcement was made by the Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill, who noted that Mr. Myers will bring a wealth of experience as a seasoned business leader, having already made significant contributionsContinue reading “JAMPRO Gets New Chairman”

Operators of micro, small and medium-sized enterprises (MSMEs), especially those in the food processing industry, are being encouraged to ensure that food product labels and packages meet regulatory standards. The call came from Technician in the Science and Technology Division at the Bureau of Standards Jamaica (BSJ), Pauline Bailey, who was speaking at a recentContinue reading “Food Processing Businesses Must Ensure That Labels Meet Regulatory Standards”

MSME Business Roadshow Landing Page Overview The Ministry of Industry, Investment & Commerce (MIIC), in partnership with the Inter-American Development Bank (IDB), presents a national initiative the “MSME Business Roadshow”. The Ministry, along with our portfolio agencies and several other private and public sector partners, will be travelling across the island for a series ofContinue reading “MSME Business Roadshow Landing Page”

MSME Business Roadshow Landing Page Overview The Ministry of Industry, Investment & Commerce (MIIC), in partnership with the Inter-American Development Bank (IDB), presents a national initiative the “MSME Business Roadshow”. The Ministry along with our portfolio agencies, and several other private and public sectors partners will be travelling across the island with a series ofContinue reading “MSME Business Roadshow Landing Page”

Since its inception as a pilot project in 2011 with 15 MSMEs, the Enterprise Development for Export Growth – Export Max Programme – has grown consistently to address the supply-side challenges faced by exporters and export-ready firms. With a sharp focus on enhancing internal capabilities encompassing finance, management, technology, productivity, and general business processes, theContinue reading “JAMPRO’S EXPORT MAX PROGRAM COHORT III CELEBRATES SUCCESSES AT CLOSING CEREMONY”

Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill, says a recent “mission” to several major business hubs in the United States (US) and Canada, exploring investment opportunities for the island, was largely successful. The tour, which included stops in Toronto, New York and Washington DC, and dubbed ‘Export and Investment Business Mission’,Continue reading “Industry Minister Says Recent Mission to Business Hubs Was A Success”

For 37 years, EXIM has prioritized operating at optimal quality standards, as Jamaica’s Development Finance Institution (DFI) and the Caribbean’s first and only Export Credit Agency (ECA) The Bank has always lauded itself on ensuring that its strategic imperatives are clearly outlined and are facilitated by detailed, efficient processes and procedures, to guarantee client satisfaction.Continue reading “SEAL OF APPROVAL: EXIM Bank Recertified”

JAMAICA is expected to roll out soon, measures to address the issue of scamming within the business process outsourcing (BPO) sector. “The policymaking people are working. There are two or three security companies in Jamaica who are taking an initiative. It will be announced in about three to six months,” said president of the Global ServicesContinue reading “Scammers under pressure Steps being taken to address problems in BPO sector”

Minister of Industry, Investment and Commerce, Senator Aubyn Hill hopes the gap between the Ministry and Micro, Small and Medium Enterprises, MSME’s can be bridged by the MSME Business Roadshow. The roadshow, hosted by the ministry as well as the Inter-American Development Bank, IDB, will provide business development services for MSME’s in Jamaica. The roadshowContinue reading “US$250,000 Earmarked for MSME Business Roadshow”