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...

Jamaica stands to benefit significantly from investment in special economic zones (SEZ) and the country’s bid to become a global logistics hub, says Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill. SEZs are areas within a country that are created to facilitate rapid economic growth, by leveraging tax incentives as a way of attracting foreign investment and...

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...

Jamaican businesses and entrepreneurs are invited to register now to take advantage of a major investor networking opportunity, through Jamaica’s hosting of the World Free Zone Organization (WFZO) Annual International Conference and Exhibition (AICE) 2022. The event, which is scheduled for June 13 to 17 at the Montego Bay Convention Centre in St. James, is the first in-person WFZO conference...