AGP Executive Report

Last update: 9 hours ago

Tourism Deal: Club Med is returning to U.S. shores with a major St. Croix project—VICI Properties will fund redevelopment of the Carambola Beach Resort under a long-term lease, with Club Med operating the future all-inclusive “Exclusive Collection” property. Energy & Utilities: BVIEC is urging heavy equipment operators and contractors to contact the utility before working near electrical infrastructure after recent incidents caused damage and service disruptions. Local Governance & Infrastructure: The Virgin Islands government assented to merging BVIEC and the Water and Sewerage Department to form VIEWCo, aiming to streamline delivery of energy and water services. BVI Business & Labor Policy: BVI is moving to scrap visas for work permit holders, a shift that could affect staffing across local industries. Construction & Housing Finance: Lawmakers advanced a bill redirecting $4 million from the dormant first-time homeowner program, while also signing into law measures to strengthen elections operations and burn solid waste. Consumer Watch (St. Croix): A local report highlights “shrinkflation” on shelves, pointing to smaller Sabra hummus tubs sold at prices that keep the effective cost higher. Regional Tourism Media: CTO and TEMPO Networks announced a partnership to expand Caribbean tourism storytelling through digital, social, and broadcast coverage. USVI Tourism Recognition: Joseph Boschulte of The West Indian Company received a Caribbean Tourism Organization Foundation Appreciation Award for his long-running impact on the territory’s visitor economy. Aviation/Travel Industry: Analysis of Spirit’s collapse says competitors like Frontier and JetBlue are absorbing some demand, though capacity across former Spirit routes remains down overall. Finance & Tech (BVI-linked): Wallet V launched a public performance benchmark for AI trading agents run on Hyperliquid and Aster, aggregating results from 688 user-created agents. Entertainment Finance (BVI-linked): CineNow, a British Virgin Islands-registered firm, is closing a ₹1,350 crore film financing fund, pitching tokenization and slate-based IP exposure to investors.

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. 11, 2026

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

AGP

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Jun. 12, 2026

CTO and TEMPO Networks deepen 20-year Caribbean media partnership

AGP


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ROYAL CARIBBEAN SELECTS COHORT OF LEGENDARY ARTISTS TO BE FEATURED ON LEGEND OF THE SEAS

ROYAL CARIBBEAN SELECTS COHORT OF LEGENDARY ARTISTS TO BE FEATURED ON LEGEND OF THE SEAS

FFA Surpasses One Million Members: Kristy Meyer Shares Why the Future of Agriculture Is Bright

FFA Surpasses One Million Members: Kristy Meyer Shares Why the Future of Agriculture Is Bright

Construction contractor Ottley H. Hodge honoured @ Virgin Islands Pride Awards Dinner

Construction contractor Ottley H. Hodge honoured @ Virgin Islands Pride Awards Dinner


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4 hours ago

The 2026 Top 25 Historic Hotels of America® Most Historic Golf Courses List Is Announced

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Jun. 8, 2026

Consolidated Water Appoints Water Industry Veteran Sachin Chawla as Senior Vice President, Strategy and Growth

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Orca Energy Group Inc. Announces Completion of Q1 2026 Interim Filings

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Ritzy Yachts Attends 2026 EMMYS in Greece to Personally Vet Yachts and Crews for Charter Season

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Jun. 1, 2026

Orca Energy Group Provides Update on Management Cease Trade Order

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Orca Energy Group Inc. Announces 2025 Year End Audited Financial Results

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