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AGP Executive Report

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BVI Cruise Momentum: The BVI posted its third-fastest cruise growth in the Caribbean for Q1, welcoming 493,397 cruise passengers (up 29.3%) and 113,318 stayover visitors (up 6.2%), even as critics question whether cruise-heavy tourism delivers enough local spend. Electricity Costs Clarity: BVIEC says electricity rates won’t rise, keeping the fuel subsidy for the first 1,500 kWh; usage above that threshold keeps the first 1,500 kWh subsidized but pays unsubsidised fuel costs on additional units. Public Finance Scrutiny: BVI Opposition Leader Marlon Penn is pushing for a full Auditor General investigation into alleged investments of over US$7.5 million from the Consolidated Fund, citing lack of public briefing and pointing to past Delta Capital and Bank of Asia issues. Government Accounts Update: Premier Wheatley says he’s hopeful the Auditor General can get government accounts “current” soon, while the House approved excess spending regularisation for 2017. Climate Funding Prep: The Virgin Islands Climate Change Trust Fund completed territory-wide consultations ahead of its first Call for Proposals, gathering input from government bodies, businesses, and community groups on priorities and eligibility. Stablecoin Rule Push: U.S. Treasury moves toward stricter stablecoin enforcement under the GENIUS Act, with proposed rules defining who can issue payment stablecoins in the U.S. and penalties for unauthorized activity. Orca Dividend: Orca Energy Group declared a special cash dividend of Cdn$0.50 per share, payable Sept. 15 to holders of record Aug. 31. USVI Business Notices: VIEDA issued notice of a public hearing (Aug. 27) for new economic development applications, including SkyCity VI Airport Company and Tropical Behavioral Services.

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

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Aug. 18, 2026

55printing adds AI design, 1-2 day copies and free file tools to its platform

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Aug. 17, 2026

CMEx adds seven honorees to 2026 leadership roster

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Aug. 10, 2026

Surety One launches ERISA 4204 bond underwriting portal

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Letter to the Editor: Gun Violence Will Persist Until the Virgin Islands Confronts Open Drug Markets

Letter to the Editor: Gun Violence Will Persist Until the Virgin Islands Confronts Open Drug Markets

NORWEGIAN CRUISE LINE® UNVEILS NEW WAYS TO UNWIND, DINE AND VACATION ABOARD THE SOON-TO-DEBUT NORWEGIAN AURA™

NORWEGIAN CRUISE LINE® UNVEILS NEW WAYS TO UNWIND, DINE AND VACATION ABOARD THE SOON-TO-DEBUT NORWEGIAN AURA™

Businessman calls for clearer focus on VI emancipation celebrations

Businessman calls for clearer focus on VI emancipation celebrations

Stablecoin regulation is not about consumer protection: it is about the dollar

Stablecoin regulation is not about consumer protection: it is about the dollar

National Sustainable Development Plan ‘is not a gov’t only document’- Emery C. Pemberton

National Sustainable Development Plan ‘is not a gov’t only document’- Emery C. Pemberton


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an hour ago

Alpha Compute July 2026 Monthly Update: Total Gamee Revenue and Alpha-01 NVIDIA Cluster Cash Receipts for July were $1.57 million, representing an approximately 35x increase over the Company’s total revenue in April 2026

GlobeNewswire, Inc.

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an hour ago

Alpha Compute Appoints Former Twilio Senior Leader Mike Huskins to Board of Directors

GlobeNewswire, Inc.

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Aug. 17, 2026

Alpha Compute Strengthens Executive Team To Scale Global Infrastructure Business

GlobeNewswire, Inc.

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7 hours ago

Orca Announces Special Dividend

GlobeNewswire, Inc.

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Aug. 12, 2026

University of the Virgin Islands Receives National Recognition for Student Success

GlobeNewswire, Inc.

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Aug. 13, 2026

WRAP Technologies and XINSURANCE Partner to Launch WRAP Safe Response Program, Expanding Into the 1.28M Officer U.S. Private Security Market

GlobeNewswire, Inc.

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