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AGP Executive Report

Last update: 10 hours ago

Tourism & Investment: Royal Caribbean agreed to buy a 50% stake in Sandals Resorts International for about US$3b, aiming to expand all-inclusive resort offerings; the deal is expected to close in early 2027 and adds Sandals’ 20 resorts across the Caribbean, including Jamaica. Disaster Recovery & Public Finance: Prime Minister Holness defended a $1.2b spend on foundations for ~2,500 semi-permanent homes after Hurricane Melissa, arguing cheaper bases wouldn’t deliver resilience; the World Bank/EU also signed a US$5m grant tied to reconstruction support. Monetary Policy & Food Prices: Bank of Jamaica researchers say global food shocks hit Jamaica’s inflation more persistently than oil, recommending closer tracking of commodity-specific risks and tighter coordination with Statin and agriculture agencies. Financial Sector & Pensions: The Pension Industry Association hired Market Research Services to map how Jamaicans save and plan for retirement, especially informal workers; Tourism Minister Bartlett pushed employers to boost participation in the Tourism Workers Pension Scheme. Business & Markets: FESCO disclosed a stake in WIP Energy as it grows its private equity portfolio, while Jamaica Broilers reported no new accounting irregularities after a forensic review amid its $6.8b net loss. Local Economy & Governance: Jamaica Chamber of Commerce re-elected Emile Leiba and flagged workforce readiness and MSME development as priorities.

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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Sep. 12, 2026

Lydian Memorial adds custom LED company signs for Jamaican businesses

AGP

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Aug. 24, 2026

Aero Services Credit Union picks Smart Solution’s Universa core banking platform

AGP

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Aug. 6, 2026

Five Chinese insulated pipe makers featured in 2026 market overview

AGP

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Sep. 22, 2026

Galveston residents turn to elevated storage before hurricane evacuations

AGP


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Jamaica celebrates that its reparations case against Britain referred to final appeals court

Jamaica celebrates that its reparations case against Britain referred to final appeals court

Jamaica Broilers Group sees major revaluation surplus

Jamaica Broilers Group sees major revaluation surplus

Siege Warfare by Other Means: The U.S. Economic Measures Against Cuba

Siege Warfare by Other Means: The U.S. Economic Measures Against Cuba


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Sep. 21, 2026

Royalton Hotels & Resorts Returns to Full Strength in Jamaica with Five Resorts Open

GlobeNewswire, Inc.

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Sep. 17, 2026

IMR Joins Reggae Icons to Bring Healthcare and Recovery Support to Hurricane-Affected Families in Jamaica

EIN Presswire

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Sep. 16, 2026

Proposed Demolition (Article 85, Demo Delay) 45 Yale Terrace, Jamaica Plain

City of Boston

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Sep. 15, 2026

Royalton Hotels & Resorts Returns to Full Strength in Jamaica With Five Resorts Open

GlobeNewswire, Inc.

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Sep. 14, 2026

World Trade & Tech Day: AI and trade increasingly intertwined

World Trade Organization

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Sep. 12, 2026

Lydian Memorial Expands Services With Custom LED Company Signs

EIN Presswire

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