AGP Executive Report
Last update: 3 hours agoRegional Investment: St. Vincent and the Grenadines joined a U.S.-Caribbean dialogue ahead of a US$340 million regional funding package targeting energy, ports, critical minerals and digital infrastructure. No specific allocation for SVG was announced. Electricity Costs: VINLEC’s October fuel surcharge rose seven cents to 86.71 cents per kWh, even with a record EC$798,591 subsidy; the company says global fuel prices drove the increase. Banking: BOSVG reported a EC$15.03 million half-year loss, reversing last year’s profit, as credit-loss provisions climbed sharply. Tourism and Trade: Invest SVG is showcasing local businesses and products at South Korea’s World Island Exhibition, promoting SVG as a place to visit, trade with and invest in. Community Investment: A new BNTF programme is expected to help more than 700 Vincentians through improved roads and footpaths.
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