AGP Executive Report
Last update: 9 hours agoFX 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.