AGP Executive Report
Last update: 9 hours agoTechnology Investment: PBS Group has acquired a 70% stake in Barbados IT firm TSL, which will keep its name and local management as the group expands its regional services. Agriculture: Republic Bank Barbados CEO Carlene Seudat says the sector is ripe for investment, citing the bank’s US$100 million regional agri-business pledge to help reduce food-import costs. Barbados has also tightened poultry import checks after bird flu was detected in Suriname. Business Modernisation: Finance Minister Ryan Straughn says an online platform for concessions and other services is being prepared, alongside digitised stamp-duty processing, to speed up services and improve transparency. Tourism: Barbados Tourism Minister Ian Gooding-Edghill urged regional leaders to plan for the industry’s long-term future and protect its identity, as Antigua and Barbuda takes over the Caribbean Tourism Organization’s chair. Construction Skills: Students will get a closer look at the local construction industry at the Barbados Annual Construction and Design Conference, running October 14–18. Economic Outlook: Afreximbank forecasts Barbados growth of 1.9% in 2026 and 2.3% in 2027, supported by tourism and investment.
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