The National Export-Import Bank of Jamaica (EXIM Bank) has earmarked $100 million for an e-commerce fund to assist small and medium-size enterprises (SMEs) in expanding their businesses online. Through a partnership with the Jamaica Manufacturers and Exporters Association (JMEA), the ‘EXIM Ecommerce Funder’ will finance up to 80 per cent of the associated costs of critical inputs for SMEs which...

The Consumer Affairs Commission (CAC) secured $15.9 million in refunds and compensation on behalf of aggrieved consumers between April 1, 2022, and August 31, 2022. This is almost double the amount of $8.4 million obtained for consumers in the corresponding period in 2021. Of the $15.9 million secured so far this year, the top three categories of Automotive, Electrical Equipment,...

The first cohort of 114 persons, who participated in the Global Services Sector (GSS) Apprenticeship Programme, have graduated and are now expected to bolster the leadership capacity in the rapidly growing industry. The programme, which was launched in 2020, allows GSS firms to upskill their employees into new areas of management and provides the workers with the necessary training to...

The Consumer Affairs Commission (CAC) encourages parents to invest in staple textbooks, such as dictionaries and atlases, and offers cost-saving tips when these are being purchased for school-aged children. Speaking at a recent Jamaica Information Service (JIS) ‘Think Tank’, the CAC’s Director of Research, Racquel White, said while the Ministry of Education and Youth provides textbooks on rental, several of...

The Consumer Affairs Commission (CAC) has reported the findings of this year’s annual school textbook survey, which was conducted between August 8 and 12. Speaking at a JIS ‘Think Tank’, today (September 13), the CAC’s Director of Research, Racquel White, said the findings revealed that there was an average 8.51 per cent increase in textbook prices. “In the Greater Kingston...

Jamaica Promotions Corporation (JAMPRO) recently partnered with the Jamaica-USA Chamber of Commerce (JAUSACC) and the Jamaica Consulate General for Southeast States, to host JUSACC’S annual Power Lunch and Business Expo in Davie, Florida. The event brought together stakeholders from the Jamaican diaspora and the business community in Florida to network and learn about opportunities in Jamaica. As an event sponsor,...

Senator the Honourable Aubyn Hill, Minister of Industry, Investment and Commerce has welcomed the reduction in price announced by Restaurants of Jamaica, operators of KFC for some of its products. The Minister said the reduction is appropriate given a similar announcement issued last month by the Jamaica Broilers Group. “I have no doubt that many Jamaicans will welcome this response...