AGP Executive Report

Last update: 23 minutes ago

Energy & Utilities: Energy Minister JoBeth Coleby-Davis defended the Davis administration’s energy reforms in Parliament, saying New Providence outages are “growing pains” tied to infrastructure upgrades, while also citing a fuel hedge that has delivered $21.7m in savings since February 2026. Power Reliability: Killarney MP Michela Barnett-Ellis urged BGC and BPL to resolve recurring western New Providence blackouts, warning of added costs to households and businesses. Budget & Governance: Finance Minister Michael Halkitis pushed back on procurement criticism, saying reforms are ongoing and pointing to training and certification for public servants. Macroeconomics & Risk: An IMF assessment says The Bahamas lacks a standardized framework to measure how disasters affect growth, debt and fiscal planning, limiting disaster scenario use in forecasting. Agriculture & Industry: Jomo Campbell said the Golden Yolk project is building productive poultry capacity, citing completed poultry houses, an egg processing facility and 10,000 chickens—amid ongoing public criticism over overruns and delays. Public Accounts Committee: Opposition Leader Michael Pintard says the new Public Accounts Committee will “follow the people’s money” and review Auditor General reports. Cruise & Tourism Investment: St. Vincent and the Grenadines signed an MoU with Global Ports Holding for a 30-year concession and up to EC$250m to modernise Kingstown Cruise Port. Digital Payments & Banking: CIBC Caribbean announced Google Wallet support for its cards in The Bahamas and other markets. Gaming & Crypto: WSOP named Solana Foundation as presenting sponsor and will enable Solana-based, zero-fee buy-ins, with payouts in stablecoins planned for WSOP Paradise in The Bahamas this December. Business & Finance (Regional): CDB and IDB Invest launched a US$25m trade finance facility to boost access to trade credit across Caribbean markets. Legal (International): India’s Bombay High Court granted Anil Ambani interim protection in a Black Money Act tax evasion case.

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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Jun. 8, 2026

4Tech Entertainment expands media operations in The Bahamas and abroad

EIN Presswire

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5 hours ago

Disability parenting cruise launches with caregiving conference at sea

EIN Presswire

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Jun. 3, 2026

Paul McCrea completes memoir on life inside Nygård International

EIN Presswire

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Jun. 10, 2026

Vanguard Attorneys adds veteran litigator DeWayne K. Terry Sr.

EIN Presswire


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IMF report: Bahamas lacks framework for measuring economic impact of disasters

IMF report: Bahamas lacks framework for measuring economic impact of disasters

Shipwrecks Linked To The 'Golden Age Of Piracy' Discovered In The Bahamas  The Art Newspaper  International Art News And Events

Shipwrecks Linked To The 'Golden Age Of Piracy' Discovered In The Bahamas The Art Newspaper International Art News And Events

From Startup to Stability: How Omega Aviation Built a Strong Foundation with Scotiabank Bahamas

From Startup to Stability: How Omega Aviation Built a Strong Foundation with Scotiabank Bahamas

Min. Glover-Rolle Outlines The Bahamas’ Vision for AI and the Future of Work at ILO Conference

Min. Glover-Rolle Outlines The Bahamas’ Vision for AI and the Future of Work at ILO Conference


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Jun. 8, 2026

4Tech Entertainment Expands Creative Media Operations Across The Bahamas and International Markets

EIN Presswire

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5 hours ago

Families of Children and Adults with Disabilities Invited to Recharge During First Disability Parenting at Sea Cruise

EIN Presswire

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Jun. 3, 2026

From Times Square to the Bahamas: A Memoir from Inside the Peter Nygård Organization

EIN Presswire

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Jun. 3, 2026

USTR Makes Findings and Proposes Action in 60 Section 301 Investigations Relating to Failures to Take Action on Trade in Forced Labor Goods

Office of the United States Trade Representative

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Jun. 10, 2026

Vanguard Attorneys Welcomes New Attorney DeWayne K. Terry, Sr. to the Firm

EIN Presswire

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Jun. 10, 2026

Adroit Infosystems Highlights Digital Healthcare Workflows at CCFP Trinidad WFDD Symposium

EIN Presswire

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