Category Archives: News

Representatives from the micro, small, and medium-sized enterprise (MSME) sector convened at the AC Marriott Hotel in New Kingston on February 20 to actively engage in a consultation on updating the National Entrepreneurship Policy. The policy, which was first developed in 2013 and later revised in 2018, was designed to address issues facing Jamaica’s MSMEContinue reading “MSME Representatives Engage in Consultation to Update National Entrepreneurship Policy”

The inaugural staging of the ELEVATE Procurement Conference is slated for April 23 to 25 at the Montego Bay Convention Centre, in St. James. An initiative of the Office of Public Procurement Policy in the Ministry of Finance and the Public Service, ELEVATE aims to create and advance a new procurement paradigm that responds toContinue reading “Three-Day Elevate Procurement Conference Set for April”

The Government of Jamaica (GoJ) has launched its ‘Building Better Business, Together’ communications campaign to increase public awareness of numerous reforms that have been implemented to improve the experience of doing business in Jamaica. The business reforms agenda, a result of collaborative and partnership efforts among government ministries, Departments, and Agencies, is spearheaded by theContinue reading “GoJ building better business environment with new reforms”

Industry, Investment and Commerce Minister, Senator Aubyn Hill, has stressed the importance of the banking sector investing in local enterprises that strengthen the economy. Speaking at the media launch for the Montego Bay Chamber of Commerce Industry EXPO on January 31, Hill recounted the story of Marcia Nicely, founder of Marc Corporate Uniforms, and howContinue reading “Aubyn Hill Prods Bankers to Find, Invest in Local Businesses – Our Today”

Minister of Investment and Commerce Senator Aubyn Hill is encouraging banks to support small business operators who are seeking to grow and expand their businesses. The minister recently issued the challenge during the Montego Bay Chamber of Commerce and Industry’s launch of EXPO 24 at the Montego Bay Convention Centre. Hill, who reflected on theContinue reading “Hill says ‘banks must go find productive people”

Dr Hugh Blake, trade administrator and CEO at the Trade Board Limited (TBL), says a new contract with Auto Terminal Japan (ATJ) commenced on February 1, 2024, and will run for five years, ending on January 29, 2029. The Trade Board, through its communications unit, said on Tuesday, January 29, that six bids were receivedContinue reading “Trade Board reinstates Japanese auto inspector”

Exporters and export-ready firms are being encouraged to take advantage of the Jamaica Promotions Corporation (JAMPRO) Enterprise Developmental Export Growth (EXPORT MAX) programme, which is being redesigned to provide more targeted assistance. Speaking at a recent ‘Exporter Information Session’ at the Terra Nova All-Suite Hotel in Kingston, JAMPRO President, Shullette Cox, said the revamping processContinue reading “JAMPRO Redesigning ‘Export Max’ Programme”

JAMAICA PLANS to develop an offshore company registry as its next step in the process to attract a portion of the funds that flow to International Financial Service Centres (IFSC) like the Cayman Islands, Switzerland, and others. “The Companies Office of Jamaica (COJ) will establish, operate, and maintain the offshore business registry to facilitate theContinue reading “Jamaica to build offshore database”

Project STAR (Social Transformation and Renewal) is now listed on the Jamaica Social Stock Exchange (JSSE). The JSSE provides a platform to assist social-sector organisations to attract long-term funding to make their projects sustainable. Project STAR is a social and economic transformation programme created by the Private Sector Organisation of Jamaica (PSOJ), in partnership withContinue reading “Project STAR Listed on Jamaica Social Stock Exchange”

Large Jamaican companies are being implored to do all they can to support local micro, small and medium-sized enterprises (MSMEs). Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill, in making the call, said that the MSME sector is a key contributor to the economy and must be protected at all costs. HeContinue reading “Big Businesses Urged to Support MSME Sector”