AGP Executive Report
Last update: 9 hours agoTCN Agreement Clarification: Jamaica’s Ambassador Audrey Marks says the U.S.-Jamaica Third Country Nationals MoU is tightly controlled—max 25 people transiting in any two-week period, with stays averaging about seven days and capped at 14—aimed at easing fears Jamaica could become a holding ground. Beach Access Fight: A major court battle is underway over privatisation of Jamaica’s beaches, with multiple civil cases challenging restrictions that bar locals from coastlines unless they pay as hotel guests. Insurance Cost Shock: The Financial Services Commission has issued revised 2026 fee invoices, hitting insurers with an extra $646.19m, after changes to the Insurance Act fee structure. Remittances Dip: Bank of Jamaica data shows net remittances fell 0.8% in April as inflows declined and outflows rose. DBJ Credit Boost: DBJ retained strong CariCRIS ratings with a stable outlook, citing governance, capital strength, and its development role. Market Discipline: JSE suspended Kintyre Holdings and Atlantic Hardware after audited financials were more than 90 days overdue. Health Coverage Expansion: NHF expanded NHFCard mammogram subsidies to high-risk women 30–40 and eligible men 40+, effective July 1. Housing Supply Push: PM Holness urged small developers (5–15 units) to use the NHT Small Developers Programme to scale affordable infill housing. Tourism Investment: Sandals announced reopening dates for major resort renovations, including Sandals South Coast and Sandals Montego Bay.
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.