AGP Executive Report
Last update: 9 hours agoBVI Financial Services & Compliance: Junior Minister Lorna G. Smith says the Virgin Islands’ financial services growth hinges on “local talent & embracing innovation,” stressing strong compliance, FATF progress, and the Legitimate Interest Access Regime as investors seek stability and legal certainty. BVI Trade Commission Debate: Premier Dr. Natalio Wheatley defends scaling back the proposed Trade Commission powers, arguing constitutional responsibilities can’t be handed off and that Smith’s review kept key functions with the ministry. BVI Entrepreneurship Training: 26 entrepreneurs complete the Department of Trade’s Entrepreneurial Education Programme with support from H. Lavity Stoutt Community College, spanning steel works, marine services, agriculture, bookkeeping and hospitality. BVI Infrastructure: The RDA signs a $463,087.20 contract for Major Peebles Wing Clinics’ lobby renovations under the Health Services Authority Infrastructure Improvement Programme. Regional Tourism Push: Caribbean Week in New York 2026 kicks off June 1 under “One Caribbean: Infinite Experiences,” with BVI and USVI leaders among the delegation and major industry sessions underway. USVI Power Crisis: St. Thomas and St. John face another round of blackouts tied to generation loss and operational instability, renewing pressure on WAPA and the government’s reliability plans. Energy/Business Update: Orca Energy Group provides an update on its management cease trade order, citing delays tied to filing audited and interim financial statements. Aviation/Connectivity Commentary: A regional aviation analysis points to a structural realignment, with Antigua, Barbados and Sint Maarten emerging as key hubs shaping the next 12–18 months of connectivity.
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.