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AGP Executive Report

Last update: 9 hours ago

Climate & Disaster Economics: New data says global extreme-weather losses were $210b in 2025, still 20% above the 2000–2019 average, while Jamaica’s losses were estimated at 39.4% of GDP—underscoring how climate shocks can hit the economy hard. Hurricane Melissa Recovery: A post-Melissa look warns the “lesson” is that what happened once can happen again, with the next bill potentially even higher. Revenue & Jobs Pressure: UCASE president Vincent Morrison warns Jamaica’s revenue collection could face a crisis as more people move into the informal sector; STATIN also shows unemployment edging up to 3.4% with job losses, especially in agriculture. Health Sector Industrial Action: With doctors threatening action over delayed overtime/emergency duty rulings, the Health Ministry says essential services will continue but some clinics and elective procedures may face adjustments; JCSA backs doctors’ call for a timely IDT decision. Manufacturing & Trade Costs: The revised Environmental Protection Levy is now in effect, raising the rate to 0.85% (from 0.5%) on goods, with quarterly timing from Oct–Dec. Water Security for Industry & Agriculture: Water Ministry emergency procurement will distribute 5,000 storage tanks over three months to schools and farmers to ease drought impacts. Business & Investment Signals: Paramount Trading reports a big jump in net profit despite Hurricane Melissa, citing growth in construction/adhesives and manufacturing; FESCO plans more dealer-owned service stations as sales and operating profit rise. Maritime & Logistics: MAJ marks World Maritime Day by stressing “policy to practice” for shipping resilience, noting most of Jamaica’s trade moves by sea. Diaspora & Finance for Farmworkers: JN Money says short-term loans help seasonal Jamaican farmworkers in Canada bridge paycheque gaps. Local Growth & Food/SME Spaces: Social Yard is set to create a new food and entertainment hub in Constant Spring-Manor Park, aimed at boosting MSMEs and jobs. Agriculture Industry Development: JPFA’s new president outlines a three-year agenda to professionalise pig farming, improve standards, and expand the market for Jamaican pork. Tourism & Culture: Jamaica promotes investment opportunities at a New York diaspora town hall, while NDTC announces South Florida performances and Masicka gears up for Portmore’s Forever1NE Music Festival.

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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12 minutes ago

Jolene Burns wins UK Music on Stage title again, finishes fifth worldwide

AGP

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Sep. 17, 2026

IMR brings care and recovery aid to hurricane-hit Jamaica

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Sep. 15, 2026

Lydian Memorial names Deke’ Smith director of production development

AGP

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Sep. 12, 2026

Lydian Memorial adds custom LED company signs for Jamaican businesses

AGP


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Jamaica’s bid to become oil producer moves into encouraging phase

Jamaica’s bid to become oil producer moves into encouraging phase

Jamaica’s water crisis deepens as NWC systems enter drought territory

Jamaica’s water crisis deepens as NWC systems enter drought territory

How Starlink Helped Get Jamaica Back Online After Hurricane Melissa

How Starlink Helped Get Jamaica Back Online After Hurricane Melissa

SVG represented by Minister Huggins at  Caribbean Agriculture and Fisheries meetings in Jamaica

SVG represented by Minister Huggins at Caribbean Agriculture and Fisheries meetings in Jamaica

Green wants regional framework to move agricultural labour across borders

Green wants regional framework to move agricultural labour across borders

H-1B Insights: Employers classified under the Health Care and Social Assistance industry file 2,871 petitions in New York throughout 2025

H-1B Insights: Employers classified under the Health Care and Social Assistance industry file 2,871 petitions in New York throughout 2025

Boyz chase vital points - Jamaica face crucial test in El Salvador tonight

Boyz chase vital points - Jamaica face crucial test in El Salvador tonight


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12 minutes ago

Tinsel Magazine Reports Jolene Burns' Second UK Title and Top-Five World Finish at Music on Stage

EIN Presswire

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Sep. 21, 2026

Royalton Hotels & Resorts Returns to Full Strength in Jamaica with Five Resorts Open

GlobeNewswire, Inc.

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Sep. 15, 2026

Lydian Memorial Appoints Deke’ Smith as Director of Production Development

EIN Presswire

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Sep. 15, 2026

Royalton Hotels & Resorts Returns to Full Strength in Jamaica With Five Resorts Open

GlobeNewswire, Inc.

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Aug. 25, 2026

Back to the Roots & Ayesha Curry team up to support Jamaica with the largest organic seed donation in island history

GlobeNewswire, Inc.

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Sep. 29, 2026

Combined missions: Ball Mountain Lake drawdown feeds thrilling fall whitewater release

DVIDS - Georgia

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