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AGP Executive Report

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Central Banking & Payments: Barbados’ Central Bank switched off the old ACH/RTP rails and launched BiMPay, moving transfers between participating banks in seconds, any hour, any day—aimed at cutting settlement delays that kept parts of the economy reliant on cash and cheques. Banking Profitability: New sector figures show commercial banks’ 2025 pre-tax profit of $216m was boosted by fee income, with $152.6m in fees collected from Barbadians in 2025 and a decade-long net transfer from depositors to banks of $280.7m. Health Policy: The Barbados Association of Medical Practitioners urged Deputy Prime Minister Santia Bradshaw to withdraw “medical mafia” remarks tied to access to transplant surgery at QEH, warning the comments could erode public confidence. EU–CARIFORUM Trade Support: The EU praised continued institutional support to CARIFORUM under the Support to CARIFORUM Programme, reviewing progress on implementing the CARIFORUM-EU EPA and regional trade coordination. Travel & Visas: Spain’s visa-free list includes nine CARICOM countries (including Barbados), but Belizeans still need Schengen visas—Spain says the list reflects existing EU exemptions, not a new waiver. Energy & Tech: Terra Innovatum says Waiken ILW will deploy its SOLO micro-modular reactors for up to 8 MWe behind-the-meter power for DIRECTV Latin America and SKY Brasil data centres. Automotive Launch: Motorworld and GEL Auto officially launched Chery in Barbados, positioning the brand around safety, efficiency and value. Sports & Business Spotlight: CWI will honour Kemar Roach’s 300 Test wickets at Kensington Oval with free admission, while tributes to Barbadian cricket legend Sir Garfield Sobers continue across the region.

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.

AGP Wire

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Jul. 17, 2026

Rum market seen reaching $49.72 billion by 2035 as premiumization accelerates

AGP

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Jul. 14, 2026

Leela Vida caps Barbados club membership at 150

AGP

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Jun. 30, 2026

Barbados summer may offer better property deals before peak season

AGP

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Jul. 19, 2026

FRLD Board boosts startup funding and delays first awards to December

AGP


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Why Barbados built an instant payment system, and why the Central Bank had to do it

Why Barbados built an instant payment system, and why the Central Bank had to do it

CMCFeature-BARBADOS-FINANCE-Why Barbados built an instant payment system, and why the Central Bank had to do it

CMCFeature-BARBADOS-FINANCE-Why Barbados built an instant payment system, and why the Central Bank had to do it

Fees fuel bank profits

Fees fuel bank profits

Explore Barbados, a Caribbean Escape for Every Traveler

Explore Barbados, a Caribbean Escape for Every Traveler

New initiative to improve Caribbean energy sector

New initiative to improve Caribbean energy sector


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Jul. 20, 2026

Terra Innovatum Signs Commercial LOI with Waiken ILW for Deployment of SOLO™ Microreactors at DIRECTV Latin America Data Center Facilities

GlobeNewswire, Inc.

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Jul. 17, 2026

Rum Market to Reach USD 49.72 Billion by 2035, Driven by Premiumization and Rising Global Cocktail Culture

EIN Presswire

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Jul. 15, 2026

Royalton Vessence Barbados Marks Official Ribbon-Cutting Ceremony With Barbados’ Prime Minister

GlobeNewswire, Inc.

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Jul. 15, 2026

Divi Resorts Launches Summer Sale Across Barbados & St. Maarten with Up to 40% Off and Exclusive Upgrades

GlobeNewswire, Inc.

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Jul. 11, 2026

CMEx Contribution Delivers Tangible Benefits for Students in Barbados

EIN Presswire

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Jul. 20, 2026

CORRECTION - Terra Innovatum Global N.V.

GlobeNewswire, Inc.

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