AGP Executive Report
Last update: 8 hours agoTourism 3.0: Minister Edmund Bartlett’s new Tourism 3.0 plan reframes tourism as a national economic platform, proposing a new Tourism Authority to separate regulation from marketing, pushing a “Local First” procurement model for farmers and manufacturers, and adding AI-enabled reforms to retain more value in Jamaica. Hospitality expansion: Sandals Royal Caribbean in Montego Bay will reopen Dec. 18, 2026 as Sandals Caribbean Cay with a new name, major upgrades and an expanded private-island experience. Construction supply: Minister Delano Seiveright says government cement measures are stabilising supply to protect housing and infrastructure projects, as Parliament debates the sector’s employment weight and spillover risks. Trade squeeze: STATIN reports Jamaica’s Q1 2026 imports at US$1.87b versus exports at US$376.6m, with export earnings down 22.3% amid a sharp fall in crude materials. Water sector push: Opposition water spokesperson Ian Hayles calls for a national water master plan, stronger interconnections between systems, and more renewable energy to reduce outage impacts. Energy costs watch: Oil prices slipped below US$75/bbl, but Jamaica’s pump-price response may lag. Food industry: Walkerswood’s AML says it’s investing about US$1.5m to expand farming and production capacity under the SEZ framework to boost exports. Security and governance: Jamaica’s national security agenda, post-Hurricane Melissa, must go beyond crime to include energy, health, climate and food/economic security, says SSP Stephanie Lindsay. Finance enforcement: An unlicensed securities dealer, Jason Kameka, received 3.5 years in prison for failing to pay a PPO after crypto-related investment fraud allegations. Regional cooperation: Jamaica led an OAS push to strengthen the inter-American emergency aid mechanism (FONDEM) with more voluntary contributions and faster disaster response.
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