AGP Executive Report
Last update: 8 hours agoWater Costs: The NWC is seeking a 51 per cent tariff increase, drawing alarm from the Small Business Association, which says businesses and households are already under strain. Climate Risk: Central Bank Governor Larry Howai warned that climate change threatens financial stability, citing Hurricane Melissa’s estimated US$8.8-billion damage bill and its impact on food prices. Tourism Investment: Margaritaville Jamaica plans a public share offering within 90 days, giving investors a chance to buy into its local operations. Food Supply: Jamaica faces further price pressure as global food costs rise and local agriculture continues to recover from Melissa. Offshore Energy: A new study assessed rigs and supply-chain needs for possible drilling off southern Jamaica, but United Oil & Gas says there is no commitment to drill. South Coast Access: The JHTA backs the proposed Lionel Densham Aerodrome as a boost to tourism, investment and recovery in St. Elizabeth.
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