AGP Executive Report
Last update: 8 hours agoBanking Shift: Jamaica is phasing out cheques, with Scotiabank and First Global setting a $1m cheque cutoff from Sept 1, then tighter limits through March 2028 as BOJ and the Jamaica Bankers Association push electronic payments. Markets: JSE trading picked up in H1 2026 with more transactions, but smaller Main Market deals and a wider split between Main and Junior boards kept share-price momentum uneven. Pensions: Senate approved rules to gradually raise the private equity allocation for pension funds from 5% to 7.5% this fiscal year, targeting 10% by April 2027 to boost investment in Jamaican businesses. Crime & Safety: Crime Stop arrests rose 38.2% to 76 in 2025, with reward payments up to about J$10.3m, while murders and several major violent crimes fell. Energy & Cost of Living: Commentary and policy debate continues on Jamaica’s electricity affordability and future mix, as demand pressures and grid reliability remain central. Education & Skills: PwC says AI will raise demand for human skills—communication, judgement and leadership—while UNESCO warns higher education must adapt to AI, climate and inequality. Business & Trade: Hachette Learning named Bookzone as its new exclusive distributor in Jamaica, expanding access to Primary Exit Profile resources.
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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