AGP Executive Report
Last update: 5 hours agoLocal Workforce & Skills: Acting Labour Commissioner Mervin D. Hastings told the BVI Chamber that entry-level roles in hospitality and yachting often go unfilled because locals either don’t apply or lack basic qualifications like STCW, and he floated a hospitality training institution to close the gap. Cannabis Regulation: The US Virgin Islands Office of Cannabis Regulation opened cannabis license applications across the territory, with a Sept. 15, 2026 deadline via the OCR online portal; St. Croix applicants can pursue cultivation, manufacturing and dispensary, while St. Thomas/St. John focus on cultivation and manufacturing plus territory-wide micro-cultivation and R&D. Tourism & Jobs: Club Med broke ground on Club Med St. Croix, a 150-room all-inclusive resort expected to open in Q4 2027, targeting about 200 jobs with 80% filled locally. Cruise Momentum: USVI cruise arrivals surged in Q1 2026 to 831,690 passengers, up 68% year-on-year, outpacing other Caribbean destinations. Trade & Shipping: Tropical Shipping ordered four Konecranes mobile harbor cranes—first-ever units for St. Croix and St. Thomas—to boost container handling capacity, with delivery planned for Q2 2027. Finance & Compliance: FATF updated its monitoring lists, removing Algeria and Namibia while adding Bosnia and Herzegovina and Iraq; the update also kept Myanmar in high-risk status.
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