AGP Executive Report
Last update: 11 hours agoEntrepreneurship & Youth: The Small Business Association and the Barbados Youth Development Council signed an agreement to help turn new ideas into real businesses, backing the next generation of local entrepreneurs. Corporate Tax & Competitiveness: Barbados collected more than $150m in additional corporate taxes under global minimum tax rules, but business leaders are warning that without faster public-service upgrades, firms may look elsewhere. Business Compliance Reform: A newly passed beneficial ownership law aims to streamline compliance by centralising data already held by regulators, strengthening Barbados’ reputation as a transparent financial centre. Housing & Homeownership: Deanstown Heights, a St James development of 34 affordable homes, is underway via a co-operative credit union model, with prices targeting low- and middle-income buyers. Festival Business & Safety: Crop Over traffic arrangements got praise from PSV operators for smoother movement, while the National Council on Substance Abuse raised concerns about underage drinking where ID checks appear weak. Digital Finance: Finovate Global Caribbean spotlights fintech momentum, including Belize Bank’s digital modernization partnership to upgrade onboarding and business banking. CPL Community Impact: Republic Bank CPL’s SchoolYard programme will bring players into schools across the region, including Barbados, as part of back-to-school support and digital literacy efforts.
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