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Minister of State in the Ministry of Industry, Investment, and Commerce, Michael Stern, has suggested that governments and business communities in the region work together to capitalize on emerging opportunities in the Information and Communication Technology (ICT) industry. "Despite difficult times, we need not be unnecessarily pessimistic. What we need to see now is greater investment in ICT, so that...

Over 500 micro, small, and medium-sized enterprises (MSMEs), across the island, have benefited from a suite of technical services provided under the Private Sector Development Programme (PSDP) over the past five years. These enterprises span a number of sectors, including agro-business, the creative industries, tourism, and the services sectors. A Euro 26.17 million, five-year joint initiative, established in 2004 between...

Minister of Labour and Social Security Pearnel Charles has encouraged Jamaicans to invest more in the country, to provide jobs for those who need it. "You cannot have jobs without expansion of investment or new investment, (and) you cannot invite people to come to your country to create jobs, to create investments, when they are scared of their capital and...

Minister of Industry, Investment and Commerce, Karl Samuda, has pledged the government's continued support in keeping consumers informed, so as to exercise greater intelligence in their purchasing decisions. In his message to mark World Consumer Rights Day (WCRD) tomorrow (March 15) under the theme: 'Be a Smart Consumer...Empower Yourself', the minister said that the Ministry, through initiatives being implemented by...

The Consumer Affairs Commission (CAC) has secured a total of $19.7 million on behalf of aggrieved consumers for the 2008 calendar year, said Chief Executive Officer of the organisation, Dolsie Allen. In an interview with JIS News, Mrs. Allen informed that the sum was for the settlement of 1,443 of 1,630 complaints received, representing an 88.5 per cent resolution rate....

The Consumer Affairs Commission (CAC) will join consumer groups around the world in observing World Consumer Rights Day (WCRD), on March 15 under the theme: 'Be a Smart Consumer.Empower Yourself'. Speaking with JIS News, Chief Executive Officer at the CAC, Dolsie Allen, said that the annual observation provided the opportunity to focus on and solidify the national and international consumer...

Minister of State in the Ministry of Industry, Investment and Commerce, Michael Stern, has said that the Government has been and would continue to implement initiatives and policies to drive the development of entrepreneurship in Jamaica. "Our mission is to create a nation of creative and innovative entrepreneurs, who can contribute more effectively to job and wealth creation," Mr. Stern...

Executive Director of the Jamaica Business Development Corporation (JBDC), Harold Davis, has suggested that one of the key solutions to the current economic downturn is to optimize the development and growth of small businesses. Addressing a large group of small business operators and business interests from across western Jamaica at a business development seminar at the Wexford Hotel in Montego...

The Jamaica Business Development Corporation (JBDC) is inviting small business operators and business interests in western Jamaica, to attend a business development seminar at the Wexford Hotel, Montego Bay, St. James, on February 27. Dubbed 'Small Business, Enlarge Your Vision', the seminar is geared at exposing participants to various means of growing and strengthening their businesses, with particular focus on...

Discussions with a private investor are well advanced for the expansion of the Ocho Rios Pier, Minister of State in the Ministry of Mining and Telecommunications, Laurence Broderick, has announced. He said that this will be a major boost for non-metallic mineral mining, including limestone mining, in Jamaica. Mr. Broderick was speaking at a public discussion on Energy Management and...

Minister of Industry, Commerce & Investment, Hon. Karl Samuda, today, got a first-hand look at how some of the funds, provided under the Government stimulus package to assist the micro and small business sector, are being utilized. Mr. Samuda was accompanied by the Minister of State in the Ministry, the Hon. Michael Stern. They visited seven micro business clients of...

Jamaica National Small Business Loans Limited (JNSBL) has received $250 million from the Development Bank of Jamaica(DBJ) to on-lend to micro and small businesses. This is part of the Government's stimulus package to assist the sector in the current financial crisis. The first tranche of $125 million was received on Wednesday (February 18). JNBS manager, Frank Whylie, made the disclosure...