Micro, Small and Medium-sized Enterprises (MSMEs) are being urged to consider value-based pricing, which is pricing a product based on the value it creates for their customers. The advice comes from Managing Director of Sisters’ Ink, Opal Levy, who was addressing the Jamaica Business Development Corporation’s (JBDC) Virtual Biz Zone held recently. “The pricing strategy that is employed by a...

The Montego Bay Chamber of Commerce and Industry (MBCCI) has assembled a team to partner with the Cornwall Regional Hospital (CRH) Oversight Committee as rehabilitation work continues at the Type-A institution in St. James. Newly elected President of the Montego Bay Chamber of Commerce and Industry, Oral Heaven, made the disclosure while addressing journalists at the hospital on Thursday (July...

Micro, small, and medium-sized enterprises (MSMEs) have received practical tips and advice on how to negotiate effectively to build better relationships and contribute to business success. At the Jamaica Business Development Corporation (JBDC) Virtual Biz Zone held on Tuesday (July 5), Senior Business Development Officer at the entity, Colin Coley, highlighted the importance of being a good negotiator and provided...

The Jamaica Customs Act, which is to be repealed and replaced, will provide a modern framework that further enhances ease of doing business. The Act, which is currently before a Joint Select Committee of Parliament, will improve customs practices and procedures to facilitate trade effectively and efficiently. It will also ensure increased predictability and compliance with Customs requirements. Minister of...

Minister of State in the Ministry of Industry, Investment and Commerce, Dr. the Hon. Norman Dunn, has commended Technological Solutions Limited (TSL) for being a pioneer in food safety and quality systems implementation. The State Minister was speaking at TSL’s 25th anniversary luncheon at the Terra Nova All-Suite Hotel in St. Andrew on Thursday (June 30). “TSL has steadily expanded...

Minister Without Portfolio in the Ministry of Economic Growth and Job Creation, Senator the Hon. Karl Samuda, looks at a new sprout during a recent tour of the Mangrove Replanting Project in Clarendon. Over 1,600 hectares of mangroves that have been adversely affected by a combination of natural and human factors are targeted for intervention. The area of replanting extends...

The Consumer Affairs Commission (CAC) is urging persons to carefully read contracts when purchasing preowned motor vehicles. “Read the contract and ensure that you understand fully what it is saying. There are times when we have had complaints where, when you look at the contracts, there really are some unfair contract terms; and so, we ask persons, if you don’t...