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AGP Executive Report

Last update: 11 hours ago

Banking Deal: Butterfield Bank is seeking shareholder approval to issue about 11.58 million new shares tied to its near $1.8bn purchase of Barbados-headquartered CIBC Caribbean, with ownership of the enlarged group expected to sit around 72.3%–75.2% depending on minority elections. Tourism Leadership: Caribbean Media Exchange (CMEx) has completed its 2026 Leadership Laureates roster, naming seven leaders across aviation, cruise, hospitality, sustainability, destination management and media for its Dec. 6 awards in Miami. Education Reform Politics: The DLP says it supports education reform but opposes “rushed reform,” backing a delay in continuous assessment and calling for clearer implementation plans for secondary school placement. Security for Construction & Retail: Police warn of rising thefts targeting construction equipment and gold jewellery, urging contractors to secure gear and the public to avoid carrying excessive gold in public. Co-op Sector Modernisation: Government has launched consultations to modernise Barbados’ non-financial cooperative sector, aiming to update outdated regulation, improve access to affordable capital and strengthen governance. Agri & Food Supply: Farmers and vendors welcome Prime Minister Mottley’s push for Massy contract buy-in with $2m quarterly support, while separate reports highlight broader supply pressure risks for poultry and back-to-school goods due to shipping disruptions. Energy & Industry Risk: Solar Dynamics Limited’s charged assets are up for sale after a receiver took control, raising uncertainty for the long-running solar water heating manufacturer. Local Business Disruption: Kooyman Megastore in Kendal Hill is temporarily closed for industrial cleaning and remediation, with deliveries set to resume once work is completed. Digital Payments: Former Central Bank governor Delisle Worrell argues digital payments reduce risk compared with cash, while stressing the need for secure, trusted transactions.

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. 17, 2026

Eppley Caribbean Property Fund Value Fund posts gains across all key metrics

AGP

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Jul. 30, 2026

Xtrip opens regional offices in Dubai and the Caribbean

AGP

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Jun. 22, 2026

Caribbean shippers face higher risk and insurance costs after Venezuela strike

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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Police warn of increase in thefts targeting construction equipment and gold jewellery

Police warn of increase in thefts targeting construction equipment and gold jewellery


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Aug. 11, 2026

Barbados Executives Are Replacing Fragmented Daily Routines With One Integrated Oceanfront Hub

EIN Presswire

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14 hours ago

CMEx Completes 2026 Leadership Laureates Roster

EIN Presswire

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Jul. 15, 2026

Royalton Vessence Barbados Marks Official Ribbon-Cutting Ceremony With Barbados’ Prime Minister

GlobeNewswire, Inc.

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Aug. 17, 2026

Eppley Caribbean Property Fund's Value Fund Delivers Strong Growth Across Every Key Metric in Nine-Month Results

EIN Presswire

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Jul. 15, 2026

Treasury Intensifies Pressure on Shamkhani’s Expansive Illicit Shipping Empire

U.S. Department of the Treasury

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Jul. 11, 2026

CMEx Contribution Delivers Tangible Benefits for Students in Barbados

EIN Presswire

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