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AGP Executive Report

Last update: 8 hours ago

Energy Costs: Barbados’ LPG prices rose at midnight June 21, with the 100 lb cylinder up from $160.39 to $166.39 and smaller sizes also climbing (about 3.3%–3.7%), as government aligns retail rates with global energy movements. Finance & Consumer Protection: Government plans to table deposit insurance legislation for credit unions within days, aiming to strengthen safeguards for members’ savings. Electricity Regulation: Intervenor Tricia Watson is challenging BL&P’s nearly $79m FTC filing tied to grid modernisation, arguing the costs and process for synchronous condensers aren’t properly justified for consumers. Energy Security Funding: The IDB approved a US$150m policy-based loan to bolster Barbados’ energy security, modernise the electricity sector, and reduce exposure to international price swings. Health & Legal Risk: A woman has sued the Government of Barbados over alleged severe complications after AstraZeneca COVID-19 vaccination in 2021, with the case at Supreme Court case management. TVET & Workforce Links: TVET Council says it’s working to strengthen networking and coordinated professional development in the health and wellness industry. Tourism Connectivity: American Airlines begins daily nonstop service from New York to Barbados, landing as the island reports its strongest tourism year on record. Culture & Local Industry: NCF is selecting six new large masquerade costumes for Crop Over production, reviving the tradition with fresh design teams. Regional Capital for Growth: IFC will invest up to US$15m in a Caribbean debt fund sub-vehicle to expand SME financing across multiple countries, including Barbados.

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.

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Trade unionist says immigration ‘flaw’ putting Barbadian workers at disadvantage

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IDB provides funds to help Barbados strengthen energy security

IDB provides funds to help Barbados strengthen energy security


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5 hours ago

Seaco SRL Subsidiaries Successfully Complete Consent Solicitation From Fixed Rate Note Holders

GlobeNewswire, Inc.

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Jun. 11, 2026

Merlin Software Celebrates 20 Years as a Leading Technology Partner to the Vacation Ownership Industry

EIN Presswire

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Jun. 1, 2026

Royalton Vessence Barbados is Now Open, Introducing a Transformative New All-Inclusive Resort Concept

GlobeNewswire, Inc.

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17 hours ago

Abaxx Continues to Provide Facts Refuting Ongoing Misinformation and Reaffirms Strong Business Fundamentals

GlobeNewswire, Inc.

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May 8, 2026

Abaxx Exchange Named Newcomer of the Year at 2026 Energy Risk Awards

GlobeNewswire, Inc.

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Apr. 28, 2026

Royalton Resorts Partners with Iconic Mount Gay Rum to Celebrate the True Essence of Barbados

GlobeNewswire, Inc.

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