AGP Executive Report
Last update: 9 hours agoMonetary Policy Watch: Bank of Jamaica kept its key rate at 5.5%, warning inflation could rise further, with core inflation climbing to 4.7% in May—meaning borrowers may not see relief soon. Energy & Leadership: Petrojam named Danville Walker as General Manager effective July 1, with a focus on HSE oversight and digital transformation. Tourism & Jobs: Jamaica’s tourism push got a boost as Minister Edmund Bartlett welcomed new JHTA president O’Brian Heron, while Minister Matthew Samuda urged stakeholders to market Jamaica as a nature-positive destination. Business Modernisation: Red Stripe launched its Digital Backbone platform to modernise brewery operations and improve productivity. Agriculture Resilience: Agriculture Minister Floyd Green said domestic produce hit about 190,000 tonnes in Q1 2026 despite Hurricane Melissa, with strong gains in vegetables and potatoes. Financial Inclusion & Enforcement: FID charged two men in the first prosecution under the Microcredit Act for allegedly offering microcredit without a licence. Local Finance & Growth: JMMB officially opened its relocated May Pen branch at Millennium Mall. Tourism Product Development: A Mi Mek It Jamaica opened in Montego Bay, offering an “authentic backyard” experience where visitors make their own souvenirs. Community & Education: JN Foundation opened applications for 2026 PEP scholarships, targeting secondary education costs. Clean Environment: Kingston Harbour Cleanup Project says nearly 6 million kilograms of waste have been intercepted since launch.
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.