AGP Executive Report
Last update: 3 hours agoMaritime Expansion: Curaçao-based KTK Tugs has deployed its tugboat Tribon to Port Zante/Basseterre under a new partnership with SCASPA, aiming to boost tug assistance and marine services across the Eastern Caribbean. SME Financing Boost: The IFC has confirmed a US$15m investment in the CARICOM Resilience Fund Debt Sub-Fund arranged by Sygnus Capital, with up to US$5m senior and up to US$10m mezzanine, targeting on-lending to medium-sized enterprises across 13 countries. Banking Reform: St. Kitts and Nevis passed the Banking (Amendment) Bill, 2026, updating 71 provisions to strengthen consumer protection, disclosure, data protection, fair treatment, and financial inclusion across the ECCU. Drought & Preparedness: NEMA and meteorological officials warn drought conditions are likely to persist into the rainy season and beyond, urging water conservation and business readiness for the 2026 hurricane season. Yachting Push: Safe Harbour’s Nautical Kickstart St. Kitts and Nevis forum is positioning the Federation as a premier yachting/superyacht services destination, linking jobs and entrepreneurship to maritime growth. Tourism/Investment Pipeline: With IGS 2026 (June 17–20) nearing, St. Kitts and Nevis is set to host investors and HNWIs, including sessions on citizenship and global mobility. Local Business & Streets: Police traffic officials are calling out sidewalk parking in business districts, warning it damages infrastructure and endangers pedestrians.
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