AGP Executive Report
Last update: 12 hours agoIntra-regional shipping push: Barbados PM Mia Mottley says Trinidad and Tobago will explore using one of its ferries as a proof-of-concept to cut the cost of intra-island cargo while longer-term private arrangements are finalised. Labour and wages protection: Government is broadening labour laws with a Protection of Wages Bill aimed at stopping non-payment and unlawful deductions, while MP Toni Moore urges tighter safeguards so wages can’t be delayed into weekends. BESCO restructuring under fire: The UWU is taking BESCO layoffs to the Labour Office, and the BWU is demanding full disclosure of the financial and operational reasons behind redundancies tied to the 2026 sugar harvest. Financial stability reforms: Finance Minister Ryan Straughn says a new bankruptcy and insolvency framework is coming later this year to complement depositor protection and speed up resolution of failed institutions. Food inflation pressure: An IMF assessment says food and non-alcoholic beverages cost about 21% more since 2020, hitting lower-income households hardest. Tourism business networking: Connect Barbados 2026 wrapped with record buyer participation and awards spanning media, festivals, heritage and bookings. Workforce 2030: HRMAB previews an October conference on preparing for AI and automation, with retraining framed as a right. Regional climate finance: The FRLD board meets in Manila to advance policy on loss-and-damage funding, including Barbados Implementation Modalities, as demand outpaces available resources. Aviation disruption: British Airways cancelled a Barbados–London flight after crew members were allegedly intoxicated before departure, prompting suspensions and an investigation.
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