AGP Executive Report
Last update: 9 hours agoCapital Markets & Business Growth: DBJ launched its Research and Development Vouchers Programme under BIGEE, offering non-reimbursable support up to $2.35m per project (up to 70% of costs) for validation, prototypes, lab testing, regulatory and customer checks. Corporate Finance: JMMB reported $4.1b operating profit for FY ended March 31, with 46% of gross revenue now outside Jamaica, while VM Investments listed two unsecured bond tranches after raising $4.8b to refinance and extend maturities. Retail Investment: PriceSmart opened a US$28m new Montego Bay (Ironshore) location, adding to its Jamaica expansion plans. Food Prices & Drought Pressure: Lettuce hit $1,800/lb at Coronation Market as drought squeezes supply and vendors warn Christmas could get pricier. Labour Market: STATIN says formal jobs fell by 21,900 in July, with unemployment edging to 3.4%. Consumer & Competition Policy: Opposition Senator Ramon Small-Ferguson questioned reduced fines in the JCCA Bill, while a separate Senate debate saw criticism of “underhanded” insurance practices. Tourism & Skills: Tourism Minister Edmund Bartlett urged students to move from tourism jobs to entrepreneurship, as Jamaica pushes AI and digital transformation in the sector.
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.
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