AGP Executive Report

Last update: 2 hours ago

Energy & Cost Pressures: A new report flags how Caribbean dependence on imported fossil fuels leaves islands exposed to global shocks, from past oil spikes after Russia’s Ukraine war to renewed Strait of Hormuz tensions—raising fuel and food costs. Tourism & Safety: The U.S. updated its travel advisory for Saint Lucia to Level 2, citing crime risks including violent incidents and scams in tourist areas. EU Visa Rules & CBI Fallout: OECS leaders moved to craft a unified response to EU pressure to phase out Citizen by Investment schemes by 2028, while Spain granted visa-free short stays to nine CARICOM countries including Saint Lucia. Finance & Tax Relief: Parliament extended VAT exemptions on building materials, added a first-time land buyer interest deduction, and waived VAT penalties/interest on eligible arrears—aimed at easing household and business costs. Banking & Money Skills: Bank of Saint Lucia launched a new financial literacy initiative with a children-and-adults ambassador character. Business & Investment Watch: A Saint Lucia-incorporated firm, Global Attractions Limited, agreed to buy World of Dolphins’ 79.99% stake in Dolphin Cove—raising questions about ownership transparency as the deal completes. Regional Trade Logistics: Saint Lucia is also in focus for an OECS air cargo hub concept at Hewanorra International Airport to cut delivery times across the region. Public Utilities & Prices: Government kept fuel and LPG prices unchanged for the latest cycle, maintaining subsidies to protect cooking and transport costs.

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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Jun. 17, 2026

Scottsdale advisor wins top Saint Lucia sales honor

AGP

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Jul. 1, 2026

Three Sandals Jamaica resorts set 2026 reopening dates after $200 million renovation

AGP

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Jun. 12, 2026

CTO and TEMPO Networks deepen 20-year Caribbean media partnership

AGP

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Jun. 10, 2026

Adroit Infosystems spotlights digital workflows at Trinidad healthcare symposium

AGP


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Jul. 9, 2026

International Poverty Forum to Convene Its 2027 Annual Assembly and Think Tank in Saint Lucia

GlobeNewswire, Inc.

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Jul. 7, 2026

Landmark Markets Launches ‘Travel & Trade’ Global Campaign

GlobeNewswire, Inc.

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Jul. 1, 2026

Prime World Markets Unveils AI Trading Suite Designed to Give Retail Traders Institutional-Grade Market Intelligence

EIN Presswire

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Jun. 17, 2026

Scottsdale Travel Advisor Named World's Top-Producing Agent for Saint Lucia

EIN Presswire

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May 26, 2026

Saint Lucia’s Chef Shorne Benjamin on TEMPO’s Hot Ones Caribbean in Partnership with the Saint Lucia Tourism Authority

EIN Presswire

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Jun. 11, 2026

$300B in Year One: Versus Trade’s Growth Signals the Future of Retail Trading

GlobeNewswire, Inc.

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