AGP Executive Report
Last update: 6 hours agoFX Pressure: Bank of Jamaica says US dollar demand jumped to US$109m against a US$40m supply, creating a US$69m shortfall that could trigger another intervention. Regulatory Reform: Outgoing BOJ Governor Richard Byles warns Twin Peaks financial regulation will take years longer than planned, with laws still needing drafting and parliamentary debate. Energy Costs: JPS and New Fortress Energy are in arbitration over a US$40m fuel-supply dispute tied to Montego Freeport operations, with potential knock-on effects for electricity consumers. Telecom Outlook: Fitch expects Digicel earnings to reach at least US$730m in FY2027 as efficiency gains and subscriber stability offset storm impacts. Road Revenue: TransJamaican Highway reports 40% higher six-month net profit to US$24.9m, boosted by higher toll traffic and Phase 1C. Markets: Jamaica Stock Exchange profit nearly triples in Q2 on stronger trading activity, while July gains were concentrated in a few large firms. Business & Recovery: Caribbean Cement eyes regional exports to the Cayman Islands and Bahamas as capacity returns, but says local demand comes first. Drought Hit: SBAJ warns the dry spell is becoming an economy-wide crisis for small businesses, from restaurants to car washes and Airbnb operators. Social Inclusion: CHASE Fund commits J$945,725 to health screening for the Special Olympics Caribbean Beach Games in Montego Bay. Land Rights Tension: Opposition Leader Mark Golding calls for a national inquiry into land-rights enforcement after Cooper’s Pen demolitions, arguing vulnerable residents need stronger safeguards.
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.