AGP Executive Report
Last update: 11 hours agoEU CBI Crackdown: The EU has given Antigua and Barbuda, Dominica, Grenada, Saint Lucia and St. Kitts and Nevis until June 1, 2028 to reform or phase out citizenship-by-investment schemes or risk losing Schengen visa-free access—an ultimatum that could reshape demand from wealthy investors and families. Local CIP Numbers: Saint Lucia’s CIP generated EC$402.2m in 2024/25, with the unit processing 2,957 applications and sharply higher refusals (355), as scrutiny on golden passports intensifies. Banking & Consumer Finance: Republic Bank (EC) launches its 2026 “Pick Your Rate” campaign (to Sept 30), letting customers choose pre-discounted interest rates across loans, credit cards and sustainable energy financing. Tourism & Branding: The Saint Lucia Tourism Authority signs a multi-year partnership with Arsenal, positioning the island as an official destination partner and backing an academy hub. Sports & Community: CPL SchoolYard rolls out back-to-school support (Aug 17 in St. Lucia and Jamaica; Sept 10 in Guyana and Barbados). Labour Update: Soufriere Marine Management Association and the Civil Service Association sign a long-awaited collective agreement, unlocking wage benefits for SMMA employees. Air Travel Disruption: LIAT issues an updated schedule for Aug 9 as operational disruptions continue, urging passengers to check official channels. Housing Market Watch: A regional report says Eastern Caribbean property values have been stuck in a six-year slump, with estimates of about a 10% drop over five years.
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.