AGP Executive Report
Last update: 12 hours agoTechnology Deal: PBS Group has acquired 70% of Barbados-based TSL, with the company staying under local leadership and the Corbin family retaining a 30% stake. Regional Investment: The US says it will invest more than US$340 million across the Caribbean, including in digital infrastructure, healthcare, economic growth and security; Barbados took part in talks on the funding. Capital Markets: Barbados-based ACERO Capital named former BlackRock executive Violet Osterberg chair of its advisory board as it seeks to channel institutional investment into regional infrastructure and other growth sectors. Business Competitiveness: BIBA’s Global Business Week is spotlighting tax changes, AI, skills and the need to improve Barbados’ business environment, while promoting local career paths to help curb brain drain. Payments: Powertranz and Mastercard are rolling out pay-at-the-table contactless payments for restaurants in Barbados and Trinidad and Tobago. Climate Finance: Barbados joined five countries backing a proposed US$500 million fund to provide rapid support to climate-vulnerable economies facing shocks. Tourism Services: Approved rental car firms are now classed as direct tourism providers, with a possible tax concession for qualifying hybrid and electric vehicles.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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