AGP Executive Report
Last update: 12 hours agoPanama Canal Disruption: CARICOM’s private sector group warns Panama Canal limits and low water could expose US$8–10bn in annual CARICOM imports (about a quarter to a third of non-fuel imports) to higher landed costs and thinner inventories through 2027. Local Governance & Accountability: The UWP is calling for a comprehensive independent audit of the long-delayed St Jude Hospital reconstruction after a 2009 fire and a handover in 2025 that still isn’t fully operational. Employment & Growth: Saint Lucia’s unemployment fell to 10.1% in Q2 2026, with employment rising to 99,528, as government points to infrastructure, small business support, and foreign investment. Regional Policy: OECS leaders plan a high-level EU mission to discuss Citizenship by Investment after EU moves to end visa-free access. Business & Finance: PROVEN Bank appoints Sonja M. Salmon as President and CEO for operations across Cayman and St Lucia. Trade & Security: Saint Lucia rejected 4 of 10 US-proposed third-country nationals; two accepted arrivals want to return home, while others plan to stay for now. Tourism Demand: Expedia reports searches for St Lucia up 125% year-on-year, signaling a strong 2026 travel interest.
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