AGP Executive Report
Last update: 9 hours agoWater & Fraud Alert: The Barbados Water Authority says a fake TikTok account (@246bwa) is impersonating the BWA and falsely claiming customers can pay bills via PayPal; BWA says it uses RBC Royal Bank, Scotiabank, CIBC Caribbean, Republic Bank, First Citizens Bank and SurePay, and urges people to report the scam. Payments Modernisation: Central Bank Governor Dr Kevin Greenidge defends the switch to BiMPay, saying instant transfers at any time help small businesses and workers avoid costly payment delays tied to older batch systems. Energy Transition (Barbados): A senior engineer says structural and regulatory delays are stalling Barbados’ renewable shift, citing planning and licensing bottlenecks, while a separate CDB/CCREEE programme (ASERT 2030 RCSA) is set to launch with about US$5.29m to strengthen regional energy decision-making and resilience. Property & Tax: Barbados Revenue Authority urges landowners to pay early for 2026-2027 land tax discounts, pointing to online access via its Land Tax Portal. Hospitality & Mobility: Motorworld and GEL Auto officially launch Chery in Barbados with test drives and SUV lineup showcases. Regional Business & Tourism: The Caribbean Premier League is set for Aug 7–Sep 20 across the region, with the final expected in Barbados, and Antigua and Barbuda promoting CPL as “Home of Party Cricket” (Aug 20–25). Insurance Ratings: AM Best assigns A- (Excellent) and a- (Excellent) to Epsilon Reinsurance Company Ltd. (Barbados), with a stable outlook.
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.