Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill, says Jamaican businesses need to invest more in the local manufacturing and export sectors. Although the sectors are recovering stronger, having recorded a more than 55 per cent increase in domestic exports over the past year, there is room for further expansion and development, he said. “I want Jamaican...

Investors can benefit from Jamaica’s proximity to major global trading markets, and Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill, is encouraging local and international businesses to take advantage of this opportunity. Senator Hill was addressing a ceremony at the AC Hotel by Marriot in St. Andrew on Wednesday (April 13), held to provide an update on...

Small and medium-sized enterprises (SMEs) in the manufacturing, agriculture, and service sectors, have until April 30 to register for the National Quality Awards (NQA) programme, being hosted by the Bureau of Standards Jamaica (BSJ). The deadline for this year’s staging of the NQA has been extended to allow as many companies as possible to participate in the programme. The programme...

The Jamaica Special Economic Zone Authority (JSEZA) is positioning Jamaica to tap into the multi-trillion-dollar Environmental, Social and Governance (ESG) investment market. ESG investing refers to putting money in companies, which, through their environmental performance, social impact and governance issues, are focused on balancing people, planet and profits. It is becoming increasingly popular as investors seek long-term value and alignment...

Jamaicans can protect their goods and services with trademarks in 126 foreign markets, through the Jamaica Intellectual Property Office (JIPO). These markets are members of the Madrid System for the International Registration of Marks, which uses the Madrid Protocol. This Protocol came into effect in Jamaica on March 27 of this year and will be facilitated under JIPO. Details were...

Sixty local entrepreneurs within the micro, small, and medium-sized enterprise (MSME) sector are set to benefit from the Jamaica Business Development Corporation (JBDC) Accelerator Programme. The $60-million initiative is being funded jointly by the JBDC and the Development Bank of Jamaica (DBJ). The 60 entrepreneurs form the fourth cohort of the six-month Accelerator Programme, which includes six modules, focusing on...

Minister of State in the Ministry of Industry, Investment and Commerce, Dr. the Hon. Norman Dunn, says Jamaica’s accession to the Patent Cooperation Treaty (PCT) will lead to significant progress in strengthening the country’s innovation ecosystem and gross domestic product (GDP). “Ultimately, the PCT brings Jamaican creators within the world’s reach. They may seek protection in countries where they intend...