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AGP Executive Report

Last update: 10 hours ago

Deep-Sea Mining Push: The US plans to auction large sections of water around American Samoa for deep-sea mining, a move critics say breaks with the Jamaica-based International Seabed Authority’s rules and could worsen environmental risks. Ratings Boost for Sagicor: AM Best upgraded several Sagicor Financial subsidiaries’ credit ratings and affirmed Jamaica/Bermuda operations with a stable outlook, a positive signal for financial stability. UWI Expansion Funding Focus: UWI Mona and Western Jamaica campuses are set for a 3–4 year capital expansion, including a 50-bed hospital and new engineering facilities, as tertiary leaders press for smarter financing. Banking Payments Overhaul: NCB says cheques of J$1 million+ will stop being accepted/issued via the national clearing system from Sept 1, as Jamaica modernises payments and shifts to percentage-based charges. JCF Payment Delays: Former JCF members report long waits for retroactive payments and leave balances, with the police federation urging action. Integrity Commission Case Stalls: The IC says it can’t locate seven former public officials tied to statutory declaration failures, leaving cases dormant. Education Costs Relief: UWI expansion plans include no cost hikes for students, while CMU’s president urges a new tertiary funding model. Local Business & Markets: Scotia Group Jamaica got court approval to hold October shareholder meetings that could advance a delisting buyout; Derrimon Trading reported revenue down a third in Q1 amid supply and demand pressures. Sports & Economy: Jamaican betting activity surged during the World Cup, with Supreme Ventures and Island Bet reporting record wagering volumes.

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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Jul. 17, 2026

Rum market seen reaching $49.72 billion by 2035 as premiumization accelerates

AGP

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Jul. 2, 2026

Jamaican thriller Stew Peas sells out premiere, lands six award nods

AGP

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Jul. 6, 2026

S Hotels Jamaica CEO Christopher Issa Named JHTA Hotelier of the Year

AGP

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Jul. 1, 2026

Three Sandals Jamaica resorts set 2026 reopening dates after $200 million renovation

AGP


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US Customs seizes over US$53,000 in undeclared cash from passenger bound for Jamaica

US Customs seizes over US$53,000 in undeclared cash from passenger bound for Jamaica


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Jul. 17, 2026

Rum Market to Reach USD 49.72 Billion by 2035, Driven by Premiumization and Rising Global Cocktail Culture

EIN Presswire

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Jul. 17, 2026

CBP Seizes $53,800 in Undeclared Currency at Fort Lauderdale Airport

U.S. Customs and Border Protection

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6 hours ago

Travel And Tour World Names the Top 30 Food Destinations in the Americas and Caribbean for 2026

EIN Presswire

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Jul. 8, 2026

Check out the Quarter Finals and Support Small Businesses

City of Boston

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Jul. 6, 2026

S Hotels Jamaica Congratulates CEO Christopher Issa on Being Named JHTA Hotelier of the Year

EIN Presswire

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Jul. 2, 2026

100% Jamaican-Made Thriller "Stew Peas" Sells Out Premiere, Earns Six Caribbean Film Award Nominations

EIN Presswire

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