AGP Executive Report
Last update: 9 hours agoBanking: Scotiabank Jamaica minority shareholders approved a roughly $64-billion buyout, clearing the way for the bank to go private and end its 57-year JSE listing. Financial Services: Sagicor has advanced plans to combine Sagicor Jamaica and Sagicor Life under a new Caribbean parent, subject to shareholder and court approval. Public Spending: NaRRA will take less space at the Digicel Building after backlash over its $115-million annual lease; the Government says the scaled-back rollout may slow recovery projects. Small Business: Mastercard warns cybercrime fears are holding back SME expansion, even as 97 per cent of surveyed firms accept digital payments. Jamaica has also launched restoration grants for MSMEs hit by Hurricane Melissa. Water Security: Business leaders are calling for a funded national plan as drought threatens the economy, while lawmakers question the safety and cost of trucked water. Tourism: Guyana’s president urged Caribbean destinations to invest more in infrastructure, transport and technology to stay competitive. A new regional sustainability bond aims to raise up to US$250 million for resilience and development projects.
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.
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