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AGP Executive Report

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Public Finance Accountability: Premier Natalio Wheatley ordered investigations after saying an unauthorised $2.4M Delta Capital Partners investment in 2025 breached the Public Finance Management Act and was made without his approval, with recovery efforts and probes by the Financial Investigation Agency and Internal Audit underway. Port & Trade Costs: The BVI Ports Authority ended its temporary 35th Anniversary fee reductions effective Aug. 1, with wharfage rising from 1% to 2% and container handling fees returning from $150 to $300 per TEU. Government Contracts & Accessibility: TMB Enterprises won a $798,108.74 RDA-backed contract to rebuild deteriorating De Castro Street sidewalks in Road Town, including ADA-compliant concrete walkways, drainage, landscaping, and traffic management. Local Governance & Development: Opposition Leader Marlon Penn renewed criticism of East End neglect during House debate on the RDA amendment bill, citing long-running Ridge Road/Little Dix Hill works and uneven project focus. Elections & Public Service: Levor A.H. Lettsome filed as an at-large candidate under the Virgin Islands Innovative Association, framing his run around accountability and transparency. Customs & Contraband: Customs intercepted a package of suspected cannabis (about 80 grams) at the Road Town Ferry Dock, with no arrests announced yet. Tourism Pulse: New CTO data shows the US Virgin Islands, Puerto Rico, and the British Virgin Islands are among the fastest-growing cruise destinations, with the USVI up 68% in Q1. Environment & Tourism Risk: A new report warns sargassum is smothering Caribbean and Gulf coastlines, with scientists saying this year’s growth pattern is “none of this is normal,” raising pressure on beach tourism.

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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Jul. 27, 2026

1st Capital Group expands foreign national DSCR financing

AGP

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Jul. 15, 2026

Best Beach Bars tops 1,200 listings and launches certification badge

AGP

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Jun. 11, 2026

TEMPO Networks expands 20th anniversary push with first St. John Celebration partnership

AGP

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Jul. 2, 2026

Stationed at Home expands to 40-plus international territories

AGP


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Churches, Civic Groups and Residents to Unite at Point Udall Aug. 8 to “Pray Over the Virgin Islands”

Churches, Civic Groups and Residents to Unite at Point Udall Aug. 8 to “Pray Over the Virgin Islands”

After Irma, the US Virgin Islands turns home batteries into a virtual power plant

After Irma, the US Virgin Islands turns home batteries into a virtual power plant

The Home Depot Announces Organizational Realignment to Provide a More Seamless Customer Experience, Drive Growth and Capture Market Share

The Home Depot Announces Organizational Realignment to Provide a More Seamless Customer Experience, Drive Growth and Capture Market Share


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15 hours ago

Nasdaq.com has corrected Alpha Compute’s Total Outstanding Share Count to reflect accurate data and market capitalization

GlobeNewswire, Inc.

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Jul. 31, 2026

Trade Directly In Browser: JustMarkets Launches Its Web Terminal

EIN Presswire

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Jul. 30, 2026

Soulpower Acquisition Corporation (NYSE:SOUL) and SWB Holdings Announce BVI Court Approval in Connection with Bank of Asia (BVI) Transaction

GlobeNewswire, Inc.

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Jul. 27, 2026

1st Capital Group Announces Expanded Foreign National DSCR Financing Through Correspondent Lending Channel

EIN Presswire

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Jul. 20, 2026

HUD Halts Funding for Virgin Islands Housing Finance Authority for Mismanagement of Billions

U.S. Department of Housing and Urban Development

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Jul. 24, 2026

BloFin Wallet unifies Visa payments and perpetual trading for the next era of finance

GlobeNewswire, Inc.

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