AGP Executive Report
Last update: 12 hours agoEconomic Outlook: The IMF says Jamaica’s fiscal, monetary and financial frameworks helped cushion Hurricane Melissa’s impact while preserving stability; the focus now is reconstruction and continued reform. Housing Investment: The Government is set to sign a $24-billion joint venture with China Harbour Engineering for 1,446 homes in St James, with at least one-fifth reserved for tourism workers. Business Districts: Legislation is being advanced to create business and tourism improvement districts, sharing security costs and supporting commercial clusters. Trade and Travel: Jamaica and Nigeria are nearing a revised aviation agreement aimed at better air links and more tourism and economic exchange. SME Growth: The JBDC is inviting businesses to events on AI, local trade and financing, while business leaders say AI tools can help small firms compete with larger companies. Tourism Technology: Puerto Rico-based Hospitri has invested more than US$200,000 in technology and talent as it expands its short-term rental and boutique hotel operations, including in Jamaica.
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