AGP Executive Report
Last update: 10 hours agoTelecom Upgrade: Flow officially switched on Jamaica’s 5G network, with coverage live in Kingston, Portmore, Spanish Town, May Pen and the North Coast, and more communities slated by month-end—though customers may need compatible phones/SIMs and, for now, postpaid accounts. Fuel Cost Pressure: Petrojam’s diesel price hike is already raising alarms from transport operators, with TODSS warning the sector can’t absorb the increase and may be forced to exit routes. Banking Liquidity Watch: BOJ data shows banks parked about $29b more at the central bank in May as government deposits fell—signal for loan conditions and dollar pressure. Capital Markets: Dequity sold its Dolla stake for about $935.75m as it reshuffles investments; VM Investments is seeking up to $4b via unsecured corporate bonds; Kingston Wharves plans US$100m in capital projects over five years. Business & Jobs: Government roadshows aim to help MSMEs tap set-aside government contracts; Jamaica’s OUR is moving to independently verify telecom service quality. Food & Industry: Caribbean Flavours and Fragrances is helping manufacturers cut sugar to manage the new sugar tax without losing taste. Security & Labour: JCF reports a fatal scrap-metal-related gun battle in St. James; wage talks between Government and the Police Federation continue with updates due by June 17. Tourism Trade: CHTA named Barbados host for CTM 2027, boosting regional B2B tourism momentum.
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.