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AGP Executive Report

Last update: 9 hours ago

FX Pressure: The Bank of Jamaica says US dollar demand outstripped supply, with BOJ selling US$40m against US$109m sought—creating a US$69m shortfall and raising the odds of another intervention to ease backlog and support the Jamaican dollar. Regulatory Reform: Outgoing BOJ Governor Richard Byles warns “Twin Peaks” financial regulation will take years longer than the original 18–24 months and even the 2026 target, as laws still need drafting and parliamentary debate. Tourism & CSR: Tourism Minister Edmund Bartlett calls for a rethink of corporate social responsibility in tourism—pushing businesses to be embedded in community development, not just do donations. Local Markets & Jobs: Construction of the new Alexandria Market in St Ann is progressing, with a modern food market, offices, rental shops and parking expected to improve access to goods and services. Property Rights: Attorney Rodain Richardson says property owners can remove squatters through the court process even when people have built concrete structures. Caribbean Business Travel: Virtuoso reports fall 2026 luxury travel sales up 69% and reservations up 59%, with September leading the surge. Sports Economy: Jamaica Kingsmen remain winless after another CPL loss, while Guyana Amazon Warriors start strong with Shai Hope’s unbeaten half-century.

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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Jun. 18, 2026

Jamaica to host exclusive screening of British series Possession

AGP


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Jamaica Stock Exchange net profit nearly triples in Q2

Jamaica Stock Exchange net profit nearly triples in Q2

BOJ intervention into forex market falls short of demand

BOJ intervention into forex market falls short of demand

Are Central Bank Digital Currencies Losing the Race Before It Begins?

Are Central Bank Digital Currencies Losing the Race Before It Begins?


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Aug. 13, 2026

Volatus Aerospace Releases Q2 2026 Financial Results

GlobeNewswire, Inc.

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Aug. 13, 2026

TMC Provides Second Quarter 2026 Corporate Update

GlobeNewswire, Inc.

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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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