AGP Executive Report
Last update: 8 hours agoInvestment: Barbados-based ACERO CAPITAL has named former BlackRock executive Violet Osterberg chair of its advisory board, as the firm targets investment in regional infrastructure, renewable energy and tourism. Regional Funding: The US announced more than US$340 million for Caribbean and Central American initiatives, including undersea cable connectivity; Barbados took part in the regional dialogue. Global Business: BIBA’s Global Business Week, running through October 23, will examine tax changes, AI, capital markets and how Barbados can strengthen its competitiveness. Agriculture: Government is pushing to modernise farming, improve water management and irrigation, and boost local production, with farmers supplying ingredients for the Food and Rum Festival. Energy Costs: Barbados Light & Power says higher international fuel costs will add about $22 to the average residential bill this month. Tourism and Services: Pendry Barbados is targeting a 2027 opening with 80 oceanfront rooms and a marina, while Powertranz and Mastercard have launched pay-at-the-table options for restaurants in Barbados and Trinidad and Tobago.
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