AGP Executive Report
Last update: 8 hours agoService Standards: The Barbados Coalition of Service Industries has launched a project to develop national standards, aiming to make services more consistent and competitive and help local firms reach foreign markets. Economic Growth: Barbados grew 1.4% in the first nine months of 2026, down from 2.3% a year earlier. Domestic services supported growth, but tourism and manufacturing contracted, and construction slipped as major projects wrapped up. Tourism Investment: New hotels, conference facilities and a proposed water park are in the pipeline. Summer cruise arrivals are forecast to exceed 47,000 next year and 90,000 in 2028, with MSC Cruises set to add year-round sailings from Barbados. Regional Ports: Guyana’s president has called for a regional plan to attract public and private investment to port upgrades, backed by lenders including the Barbados-based Caribbean Development Bank.
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