AGP Executive Report
Last update: 9 hours agoTelecommunications Investment: The European Investment Bank approved €4 million toward Rock Mobile’s €29-million 4G network project, supporting a new competitor in Jamaica’s broadband market. Prices and Food Supply: Annual inflation reached 8.6% in September, its highest since December 2022, as food prices climbed 12.4% year on year, led by sharp increases in produce. Tourism and Cruise: Jamaica’s cruise sector earned top regional honours for the destination and the ports of Ocho Rios and Montego Bay, while the Government courts more cruise business ahead of winter. Manufacturing: Seprod recalled 141 workers and resumed full production. GraceKennedy, meanwhile, expanded its voluntary recall of affected Tropical Rhythms Fruit Punch batches. Resilient Infrastructure: Cabinet approved a US$56-million coastal protection project for Palisadoes, aiming to safeguard the airport road, Port Royal and nearby communities from erosion and storm surges.
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