AGP Executive Report
Last update: 2 minutes agoFinancial Services: The Protection of Depositors Act 2026 marks a major step for Barbados’ credit unions, recognising their role in the economy and strengthening depositor protection. Senators are also debating a Virtual Asset Service Providers Bill aimed at protecting consumers and meeting international standards, though some warn compliance costs could deter platforms. Regional Trade: CARICOM teams are assessing whether local producers can supply paints, cement, glass bottles and bitumen, with findings set to inform future tariffs and the push to rely less on overseas suppliers. Food Supply: Guyana has begun exporting corn and soya to Barbados, opening a regional source of key crops used in food and livestock production. Business Expansion: PBS Group has bought a 70 per cent stake in Barbados technology firm TSL, extending its regional expansion.
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