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AGP Executive Report

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Tui Earnings Shock: Europe’s travel giant Tui says quarterly profits fell 43% as the Iran war lifted fuel costs and cautious consumers delayed bookings, with hurricanes in Jamaica also hitting results. Telecom Recovery: Flow Jamaica revenue dipped to US$101m in Q2 2026 as hurricane Melissa recovery continues, though postpaid mobile additions and broadband momentum improved. Air Connectivity: Copa’s profit halved in Q2 2026, but it kept Jamaica as a key Latin America link, citing higher jet fuel costs after regional disruptions. Tourism Push: Jamaica is looking to Africa for growth, including possible air links via Accra, Ghana, as JAPEX opens and stakeholders eye investment and visitor flows. Digital Payments Fix: Outgoing BOJ Governor Richard Byles admits JAM-DEX’s rollout was mishandled and says the central bank must do more to ensure rate changes reach borrowers and savers. Property Taxes Ahead: NLA plans to revalue about 900,000 land parcels, likely lifting property tax bills as valuations update from nearly a decade ago. Business Moves: Sherwin-Williams ends manufacturing at its White Marl plant and shifts to imports, while Knutsford Express expands into St Thomas and Mandeville. Counterfeit Crackdown: Police seized over $75m in cash and counterfeit branded goods in Kingston, charging wholesale owners in a fake-goods sting.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.

AGP Wire

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Aug. 6, 2026

Five Chinese insulated pipe makers featured in 2026 market overview

AGP

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Jul. 17, 2026

Rum market seen reaching $49.72 billion by 2035 as premiumization accelerates

AGP

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Jul. 2, 2026

Jamaican thriller Stew Peas sells out premiere, lands six award nods

AGP

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Jul. 6, 2026

S Hotels Jamaica CEO Christopher Issa Named JHTA Hotelier of the Year

AGP


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Jamaica leads Cemex’s regional division amid divestments

Jamaica leads Cemex’s regional division amid divestments

Copa profits halve as fuel costs bite, but Panama hub deepens Jamaica-Latin America connectivity

Copa profits halve as fuel costs bite, but Panama hub deepens Jamaica-Latin America connectivity

Royalton reopens Jamaica resorts after post-hurricane refresh, launches US$30,000 family package

Royalton reopens Jamaica resorts after post-hurricane refresh, launches US$30,000 family package


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Aug. 6, 2026

Jamaica is Ready: Royalton Hotels & Resorts Unveils “The Soul of the Island” Experiential Vacation for Families

GlobeNewswire, Inc.

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Aug. 7, 2026

Recognizing the Contributions of Boston’s Jamaican and Dominican Communities

City of Boston

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Aug. 6, 2026

Century Aluminum Company Reports Second Quarter 2026 Results

GlobeNewswire, Inc.

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Aug. 5, 2026

IDB Expands Financing for Security in Latin America and the Caribbean to $4 Billion

GlobeNewswire, Inc.

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Jul. 27, 2026

THE SWEETEST TABOO: Ten to One Rum and Lost Borough Ice Cream Celebrate National Black Business Month

EIN Presswire

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Aug. 11, 2026

UNCF Announces Kim Godwin as Chair of its New York Leadership Council

GlobeNewswire, Inc.

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