AGP Executive Report
Last update: 5 hours agoHurricane Shield Upgrade: Jamaica has locked in about US$200 million in fresh hurricane coverage, replacing an earlier US$150m catastrophe bond after Hurricane Melissa triggered full payouts—another sign the island is tightening its disaster-finance armour ahead of the next Atlantic season. Business Costs Watch: A new BOJ survey shows Jamaican firms’ top worries are rising fast—fuel and transport anxiety nearly doubles (to 18.3% in April), while utilities concerns also climb, feeding into higher pump prices. Transport Moves: JUTC is pushing to set up seven mini depots to support expanded routes, mainly along the north coast. Finance/Policy: The planned Environmental Protection Levy increase is delayed because the legislative amendments aren’t finished yet. Innovation Push: Jamaica’s Intellectual Property Office has signed a letter of intent with WIPO to create a national IP training institute. Crime Update: Police have charged a fourth suspect in the Digicel employee Kevin Walker murder case. Tourism/Tech: Liberty Business says it will establish a Montego Bay headquarters, investing millions to strengthen Jamaica’s digital infrastructure.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.