More focus must be placed on exports to improve the country’s trade gap, says Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill. Citing 2021 data, the Minister said Jamaica imported products and services valued at US$5.975 billion, as against exports valued at US$1.441 billion. The Minister was making his contribution to theContinue reading “Industry Minister Says Country Must Increase Exports”
Category Archives: News
MSMEs Get Support Through NQA Mentorship Programme
The Bureau of Standards Jamaica (BSJ) continues to support micro, small and medium-sized enterprises (MSMEs) in achieving business success, through the National Quality Awards (NQA) mentorship programme. The mentorship programme, initiated by the BSJ, was created under the NQA programme and aims to support MSMEs that participated in the NQA programme to standardise their operations.Continue reading “MSMEs Get Support Through NQA Mentorship Programme”
Gov’t Initiatives Ongoing to Facilitate Ease of Doing Business
The Government continues to implement key initiatives aimed at increasing the ease of doing business in Jamaica. Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill, notes that “we have been digitalising our services with initiatives such as the national business portal, which (Jamaica Promotions Corporation) JAMPRO manages”. “This Ministry is also targetingContinue reading “Gov’t Initiatives Ongoing to Facilitate Ease of Doing Business”
EXIM heats up solar loan product
Seeking to double down on the growth and promotion of environmentally friendly solutions, the National Export-Import Bank of Jamaica (EXIM Bank) said it is now working to revamp and bring to market a new solar loan product. EXIM’s Managing Director Lisa Bell, speaking a recent Jamaica Observer Business Forum, said the new product will add to its 16Continue reading “EXIM heats up solar loan product”
Jamaicans Urged to Get Climate Smart
Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill, is encouraging Jamaican businesses and households to invest in green technologies. He said that the Ministry stands ready to provide the relevant information and guidance to help companies and individuals become climate smart. “We are prepared to offer support, working through our partners, stakeholdersContinue reading “Jamaicans Urged to Get Climate Smart”
BSJ presents National Quality Awards
Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill (right) presents General Manager, Dairy Industries Jamaica Limited, Radcliffe Walker with the National Quality Award during the Bureau of Standards Jamaica’s (BSJ) National Quality Awards Ceremony and Banquet on October 13 at the Jamaica Pegasus Hotel, Kingston. Source: JIS
Food Certification Bodies Encouraged to Get Accredited Under New Scheme
The Jamaica National Agency for Accreditation (JANAAC) is encouraging food certification bodies to get accredited under its new accreditation scheme – the United States Food and Drug Administration Accredited Third-Party Certification Programme (FDA TPP). This will facilitate market access for regional manufacturers, especially small and medium-sized entities producing food for export to the United StatesContinue reading “Food Certification Bodies Encouraged to Get Accredited Under New Scheme”
North African Company Joins Growing Global Digital Services Sector
Jamaica has added its first North African company to the growing Global Digital Services Sector, which currently has more than 70 firms. The island is also the first Caribbean country to be selected to carry out business processing, information technology (IT), innovative consulting, and multichannel CX operations for global outsourcing giant, Intelcia, located in Morocco.Continue reading “North African Company Joins Growing Global Digital Services Sector”
$100 Million in Loans Available for MSMEs Through EXIM Bank E-Commerce Funder
Micro, small and medium-sized enterprises (MSMEs) wishing to take their businesses online can now benefit from funding through the National Export-Import (EXIM) Bank of Jamaica’s ‘EXIM E-commerce Funder’. The $100-million loan fund, which is a partnership between the EXIM Bank and the Jamaica Manufacturers and Exporters Association (JMEA), was launched in September to help businessesContinue reading “$100 Million in Loans Available for MSMEs Through EXIM Bank E-Commerce Funder”
Businesses Encouraged to Power Operations with Renewable Energy
Businesses are being encouraged to consider driving their operations utilising renewable energy. This urging comes from Minister of State in the Ministry of Industry, Investment and Commerce, Dr. the Hon. Norman Dunn, who said “customers and big investors are switching allegiance to companies that pay greater attention to how their operations impact the natural environment”.Continue reading “Businesses Encouraged to Power Operations with Renewable Energy”
