AGP Executive Report
Last update: 3 hours agoReal Estate Finance: Eppley Caribbean Property Fund’s Value Fund posted nine-month growth, with FFO up 20% to Bds$4.57m (already above FY2025), net operating income up 9% on higher occupancy and rents, and net asset value per share rising 10% to $1.03; the board also approved a further quarterly dividend of 0.50 cents per share payable Sept. 16. Public Sector & Jobs: Prime Minister Andrew Holness says Jamaica’s public service must act as a facilitator of investment and development, with speed and quality in approvals—while also signalling a review of performance-based pay tied to productivity and growth. Health System Pressure: Health Minister Dr Christopher Tufton says Jamaica is “hamstrung” by the Public Health Act, leaving about 239 patients classified as “social cases” in public hospitals (plus around 400 at Bellevue earlier this year), consuming beds needed for acute patients. Workplace Rights: Five medical technologists have sued the Government over alleged unpaid wages and contract breaches, seeking back pay, a full accounting, and legal costs. GBV Tech Push: The Ministry of Culture, Gender, Entertainment and Sport signed a contract with Amber Innovations to develop the JamSafe app at no cost to Government (initial value $80m), aimed at faster, safer support and emergency response for people affected by gender-based violence. Water Security: Minister Matthew Samuda says feasibility studies are underway for limited desalination projects in St. Thomas and Clarendon, but not as a nationwide fix due to cost and environmental impacts. Education Support: WISTA Jamaica handed over $850,000+ in school resources (tablets, devices, books and more) to Carisbrook Infant and Primary School in St. Elizabeth after Hurricane Melissa. Business Incentives: Industry Minister Aubyn Hill highlighted programmes like Productive Input Relief (PIR) and financing via EXIM Bank and DBJ to cut operating costs and help businesses expand. Sports & Economy Mood: Jamaica Kingsmen snapped a losing streak with a five-wicket CPL win over Trinbago Knight Riders at Sabina Park, chasing 182 with a 69 off 25 from Kirk McKenzie.
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.