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AGP Executive Report

Last update: 11 hours ago

Banking & Cost of Living: SBAJ president Garnett Reid urged Bank of Jamaica governor Dr. Brian Langrin to push commercial banks to cut lending rates, saying small businesses are paying about 15%–18% while inflation sits near 7.5% (July). Trade & Growth Pressure: EPOC’s Donovan Wignal warned Jamaica’s widening trade deficit (imports ~US$2.5b vs exports ~US$547m in first four months) and weaker remittance growth show the need to boost local production and exports. BOJ Customer Tools: BOJ says a one-stop bank shopping platform to compare rates and fees is coming soon, while EKYC is set for a pilot in 2027 and full rollout after. Prices Watch: STATIN data showed mining producer prices fell 2% in July, but manufacturing costs rose 0.7%. Remittances: BOJ reported remittance inflows up 4.2% to about US$1.8b in first half 2026. Water & Daily Life: Water Minister Matthew Samuda warned more parishes could face prohibition orders as dams fall, with Clarendon and Manchester flagged. Justice Modernisation: Chief Justice Bryan Sykes said an integrated electronic case management system is scheduled to go live Oct 1, 2027. Consumer Protection: CAC urged parents to buy back-to-school items carefully, noting rights to refunds/exchanges even where “no refund” signs appear. Health & Community: Jamaica Cancer Society called for more workplace compassion for cancer patients as Kiwanis prepares a 7,000-participant breast cancer 5K in October targeting $20m. Sports & Economy Mood: CPL action continues as Jamaica Kingsmen and others chase points, while St Catherine North reported a 42% murder reduction supporting safer night-time commerce.

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.

AGP Wire

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Aug. 6, 2026

Five Chinese insulated pipe makers featured in 2026 market overview

AGP

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Jul. 2, 2026

Jamaican thriller Stew Peas sells out premiere, lands six award nods

AGP

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Jul. 17, 2026

Rum market seen reaching $49.72 billion by 2035 as premiumization accelerates

AGP

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Jun. 18, 2026

Jamaica to host exclusive screening of British series Possession

AGP


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Federal judge vacates Trump policy that suspended processing of immigration visas from 75 countries, including Jamaica

Federal judge vacates Trump policy that suspended processing of immigration visas from 75 countries, including Jamaica

Jamaica Marks 64th Independence Day, High Commissioner Jason Hall highlights expanding ties with India

Jamaica Marks 64th Independence Day, High Commissioner Jason Hall highlights expanding ties with India

Caribbean Economy To Grow 5.6% In 2026 – But Just 1.1% Without Guyana, ECLAC Says 

Caribbean Economy To Grow 5.6% In 2026 – But Just 1.1% Without Guyana, ECLAC Says 

Jamaica Beauty, Fashion & Wellness Expo promises ‘epic’ weekend

Jamaica Beauty, Fashion & Wellness Expo promises ‘epic’ weekend

Gov't urged to take steps to narrow trade deficit

Gov't urged to take steps to narrow trade deficit

SBAJ begs BOJ governor to push banks to cut interest rates

SBAJ begs BOJ governor to push banks to cut interest rates


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Volatus Aerospace Releases Q2 2026 Financial Results

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TMC Provides Second Quarter 2026 Corporate Update

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Recognizing the Contributions of Boston’s Jamaican and Dominican Communities

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Century Aluminum Company Reports Second Quarter 2026 Results

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