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News

The JSEZA News Spot

  • News
Tropical Battery powers up for expansion

Tropical Battery powers up for expansion

February 5, 2021

Strong cash flow at the end of 2020 giving impetus to expansion exploits TROPICAL Battery has been energised for expansion mode having declared its intention to pursue a number of acquisitions in the coming months. Managing Director Alexander Melville, who made the disclosure, also announced that the company is currently seeking out partnerships for strategic alliances. He advised shareholders of the company’s Strategic 2021 Growth Plan which will...

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Visit of Ambassador Fujiwara to Jamaica Special Economic Zone Authority

Visit of Ambassador Fujiwara to Jamaica Special Economic Zone Authority

February 4, 2021

On 4 February 2021, Ambassador Fujiwara visited the Jamaica Special Economic Zone Authority and received a briefing from Dr. Eric Deans, CEO, about the Special Economic Zone initiatives in Jamaica, including the Logistics Hub concept. They exchanged ideas on how to further strengthen the economic relations between Japan and Jamaica.

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James Scriven, CEO of IDB Invest

IDB Invest and JMMB Bank partner to promote access

February 1, 2021

IDB Invest, a member of the IDB Group, through a recent agreement with JMMB Bank has provided the bank access to US$35 million with a five-year tenure to facilitate increased financing to small and medium-size enterprises (SMEs). The project will also increase the availability of long-term financing to JMMB Bank to support the growth of its SME lending service, while contributing to the maturity and structure of its...

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Gillian Hyde

Micro and small businesses important to growth

February 1, 2021

In Jamaica, where a significant per cent of employment is provided by micro and small entrepreneurs, taking ‘small’ ideas seriously is paramount to moving the economy forward. For two decades, JN Small Business Loans (JNSBL) has facilitated the emergence and sustenance of thousands of micro and small businesses across Jamaica, which, before the pioneering move by what was then the Jamaica National Building Society, had few places they...

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New Customs Act big step forward, say brokers

New Customs Act big step forward, say brokers

February 1, 2021

A key stakeholder in the export-import process has welcomed the tabling of the Customs Act, 2020, declaring that the proposed law will position the Jamaica Customs Agency (JCA) as a major player in facilitating modern international trade. Clive Coke, president of the Customs Brokers and Freight Forwarders Association of Jamaica (CBFFAJ), said that under the current 1941 legislation, the JCA focused primarily on revenue collection and the imposition...

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Education Minister Fayval Williams (left), cuts the ribbon to officially open the STEAM Lab hat was donated by Dr Joseph Tait, during a ceremony held at Jamaica College. Sharing the moment (from second left) are Dr Tait and Principal at Jamaica College, Wayne Robinson.

Education Minister welcomes opening of STEAM Lab at JC

January 28, 2021

Minister of Education, Youth and Information Fayval Williams has welcomed the launch of the Dr Joseph Tait STEAM Infusion project at Jamaica College. Speaking at the launch and opening of the Science, Technology, Engineering, Arts and Mathematics (STEAM) Laboratory on Wednesday, Williams said the initiative, which is funded by Dr Tait, is in line with the thrust of the Ministry to enable students to have greater access to the technology and the...

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