AGP Executive Report
Last update: 10 hours agoPower & Energy: Jamaica suffered an island-wide blackout Friday night after a system failure, with Energy Minister Daryl Vaz calling it “unacceptable” and ordering a probe; JPS says power restoration is phased and customers are being updated as stations restart. Trade & FX: Exports earnings fell 28.8% to $217.7m in Jan–Feb, while Bank of Jamaica injected another US$30m into the forex market to ease pressure; it also plans to mop up J$55b to tighten liquidity. Tourism & Investment: Afreximbank launched its first Jamaica roadshow to boost trade, investment and industrialisation financing; meanwhile, Jamaica’s tourism push continues with the Caribbean Tourism Supply-Side initiative and Sandals’ $200m resort rebuild timelines. Banking & Business Moves: NCB will relocate its Falmouth branch to Champion Plaza on July 6; Stewart’s Automotive opened a US$7m GWM showroom in Kingston. Logistics & Consumer Services: Showfa Express and Paymaster launched Showfa One, a flat-rate parcel delivery service at $690 via four Paymaster locations. Public Policy: Parliament’s Economy and Production Committee will review flexible work hours and work-from-home policies as fuel and cost pressures mount.
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.
Perspectify News
