AGP Executive Report
Last update: 4 hours agoFinancial Sector: The Central Bank says AI poses no measurable systemic risk to Barbados’ financial system for now, but regulators will strengthen oversight of its use, cybersecurity and governance. Investment and Jobs: Proposed immigration reforms create a statutory path to permanent residency for some investors, while ruling out citizenship or passports in exchange for investment; employers would also have to show they cannot fill roles locally. Business Innovation: Harris Paints has opened a research and development laboratory focused on product quality, durability and sustainability. Tourism: Barbados is using World Travel Market in London to build partnerships and promote the UK, a key visitor market, as the island approaches its 60th anniversary of independence. Regional Trade: A new report says Africa–Caribbean trade in goods and services could reach $1.65 billion a year by 2030, with much export potential still untapped. Export Growth: Trinidad-based Fresh Start Juices, already selling in Barbados and Grenada, is targeting further Caribbean expansion to grow exports and replace imports.
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