AGP Executive Report
Last update: 6 hours agoTourism & Travel: Tui says quarterly profits plunged 43% as the Iran war lifts fuel costs and cautious customers delay bookings, with the group also citing hurricane impacts in Jamaica and a cruise repatriation of about 5,000 passengers from Abu Dhabi. Digital Payments: Outgoing Bank of Jamaica governor Richard Byles admits BOJ mishandled parts of the JAM-DEX rollout, saying it should have pushed digital payments as a national priority earlier with banks and government. Manufacturing & Trade: Sherwin-Williams ends paint manufacturing at its White Marl plant in St Catherine, shifting to imports while keeping its distribution centre running. Telecom & Recovery: Flow Jamaica revenue dipped to US$101m in Q2 2026 as Hurricane Melissa’s hit fades, though broadband momentum improved. Construction & Materials: Cemex reports Jamaica benefiting from reconstruction and tourism-related projects as its Caribbean division’s margins expanded. Agri-Food Innovation: Researchers and entrepreneurs test black soldier fly larvae to turn food and farm waste into animal feed, aiming to cut costly imports. Tourism Growth Strategy: Jamaica targets Africa for tourism expansion, including talks on an Accra–Jamaica air link as a West Africa hub. Business Development: JBDC urges agro-processors to convert production waste into new products, while a JBDC-Kingston Creative partnership will expand support for 60 creative entrepreneurs. Industry & Skills: Jamaica Product Exchange (JAPEX) 2026 launches in Ocho Rios, highlighting resilience and recovery as hotel room stock returns. Consumer Watch: Jamaicans are warned to be cautious with online job offers as scammers increasingly use social media to lure victims of trafficking. Culture & Recognition: Music producer Robert Livingston receives an Order of Distinction, and Shaggy pushes back on criticism over how “authentically Jamaican” he sounds.
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.