Author Archives: donovan.saunches

The Government will, over the next three years, facilitate local and foreign private investments under the National Investment Policy, with a view to enhancing clarity, certainty, and predictability, and boosting investor confidence. This was announced by Governor-General, His Excellency the Most Hon. Sir Patrick Allen, while delivering the Throne Speech during the 2023/24 Ceremonial OpeningContinue reading “Gov’t Targeting Increased Local and Foreign Investments Over the Next Three Years”

FirstRock Real Estate Investments (FREI) will soon be bringing its $2.5-billion luxury residential development, Bonne Chance, to market. Located at 8A Brompton Road on the outskirts of New Kingston, the nine-storey, mid-level high-rise complex will feature 43 units, ranging from studios to penthouse suites. The ground-breaking ceremony was held on Thursday (February 23). It willContinue reading “Ground Broken For $2.5-Billion Housing Development in Kingston”

Minister of State in the Ministry of Industry, Investment and Commerce, Dr. the Hon. Norman Dunn (centre) observes as Founder & Chief Executive Officer, Caribshopper, Kadion Preston (left) and President of the Jamaica Manufacturers and Exporters Association (JMEA), John Mahfood, shake hands following the signing of a Memorandum of Understanding (MoU) at Outpost Republic, LadyContinue reading “JMEA and Caribshopper partner to expend market access for MSMEs”

In celebration of Reggae Month, the Jamaica Intellectual Property Office (JIPO) will host a seminar titled, ‘Sounds of Success: Intellectual Property and the Music Industry’, on February 27, starting at 1:00 p.m. The seminar will be held in the Vera Moody Concert Hall at the Edna Manley College of the Visual and Performing Arts (EMCVPA)Continue reading “JIPO to Host Seminar on February 27”

JAMAICA has been removed from the European Union’s (EU) list of non-cooperative jurisdictions for tax purposes following amendments to the Special Economic Zones Act (SEZA). This was confirmed last Tuesday, with Barbados, North Macedonia and Uruguay also being removed from the Annex II state of play document. The amendment to the SEZA ensured Jamaica conformedContinue reading “Jamaica removed from EU non-cooperative tax list”

THE Honey Bun Foundation recently closed out its first cohort of small and medium-sized enterprises (SMEs) in its advisory committee model, with participants reporting exponential growth. The Honey Bun Foundation’s Advisory Committee, which provides teams of expert advisers to help SMEs unlock their potential, has reaped impressive results, with one business reporting a 50 perContinue reading “Honey Bun Foundation helping SMEs bloom”

Investors looking to do business in Jamaica will benefit from various opportunities made available through financial support and partnerships with local businesses. President of Jamaica Promotions Corporation (JAMPRO), Shullette Cox, noted that financing is becoming a more frequent occurrence, not just for smaller developments but also for substantial ones. She was participating in a panelContinue reading “Investors Will Benefit from Partnerships with Local Businesses – JAMPRO”

The Cannabis Licensing Authority (CLA) is urging current and potential clients to be cautious of persons claiming they can assist with application submission and other business processes of the Authority. O’Shane Williams, acting senior director of operation at CLA, said: “The CLA is the only agency mandated by law to process applications and issue licences.Continue reading “CLA cautions clients against seeking assistance from persons to complete applications to authority”

Micro, small, and medium-sized enterprises (MSMEs) are being encouraged to take advantage of the Government’s Productive Inputs Relief (PIR) scheme, which facilitates duty-free importation of specific items intended for productive use. State Minister in the Ministry of Industry, Investment and Commerce, Dr. the Hon. Norman Dunn, extended the invitation while addressing the Honey Bun FoundationContinue reading “MSMEs Encouraged to Access Productive Inputs Relief Scheme”

The Cannabis Licensing Authority (CLA) is advising current and potential clients to be cautious of persons claiming they can assist with application submission and other business processes of the Authority. The call has come from Acting Senior Director of Operations, O’Shane Williams, who is reminding the public that “the CLA is the only agency mandatedContinue reading “Be Careful of Persons Who Claim They Can Assist with Applications – CLA”