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AGP Executive Report

Last update: 8 hours ago

VAT Relief for Shoppers: The Inland Revenue Department confirmed 2026 Discounted VAT Rate Days: Friday Aug. 28 and Saturday Aug. 29, with a reduced 5% rate (vehicles excluded), plus Christmas discounted days Dec. 11 and Dec. 19 (vehicles included). Banking Expansion: First Federal Credit Union opened its new Molineux Branch on Aug. 10, marking its first branch outside Basseterre, with the Governor General officiating. Domestic Power Reliability: NEVLEC has started a major overhaul of Genset No. 8 at Prospect Power Station, running Aug. 9 through Sept. 2, supported by Wärtsilä technicians. Local Business Investment: Demerara Distillers (St. Kitts and Nevis) Limited broke ground on a Bird Rock redevelopment/expansion (reported US$10M, with earlier figures up to US$14M), aimed at boosting bottling, warehousing, and regional distribution capacity. Tourism Sales Push: Nevis and St. Kitts tourism authorities wrapped up a Northeast U.S. sales showcase, engaging 100+ travel advisors per city stop across Long Island, New Jersey, Connecticut, Rhode Island and Boston. Justice & Trade Links: The Ghana Maritime Authority facilitated the repatriation of 12 stranded seafarers from MV Rahaf Moon (registered in St. Kitts and Nevis), recovering four months of unpaid wages before their July return. EU Migration Pressure: Reports say the EU is tightening Schengen visa access risks for CBI programs in Antigua and Barbuda, Dominica, Grenada, St. Kitts and Nevis, and St. Lucia, with reforms demanded by June 2028. Football Cash Boost: SKNFA disbursed EC$128,200 in 2025–2026 prize money to Premier Division and Division One clubs, with Old Road Jets FC taking the top Premier share.

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. 10, 2026

Hamilton Reserve Bank highlights global banking model from Nevis

AGP

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Jul. 30, 2026

Dominica takes chairmanship of ECCB Monetary Council

AGP

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Jul. 22, 2026

ECCB keeps EC dollar peg and boosts food security funding

AGP

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Jul. 22, 2026

ECCB holds rates steady, boosts food security funding

AGP


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DR. TIMOTHY HARRIS POWERS PLP TO NEW HEIGHTS AS MASSIVE PEOPLE’S CONVENTION RESHAPES ST. KITTS-NEVIS POLITICAL CONVERSATION

DR. TIMOTHY HARRIS POWERS PLP TO NEW HEIGHTS AS MASSIVE PEOPLE’S CONVENTION RESHAPES ST. KITTS-NEVIS POLITICAL CONVERSATION

Saint Kitts and Nevis: Can It Become a Digital Finance Leader?

Saint Kitts and Nevis: Can It Become a Digital Finance Leader?

Trinbago Knight Riders 94-2 (15 overs) defeated the St Kitts & Nevis Patriots (109-9) by 17 runs via the DLS method – 2nd Match

Trinbago Knight Riders 94-2 (15 overs) defeated the St Kitts & Nevis Patriots (109-9) by 17 runs via the DLS method – 2nd Match


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Jul. 23, 2026

Hamilton Reserve Bank, Dubai-based Trinity Group Announce Seamless Corporate Services, Banking Solutions Now

EIN Presswire

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Jul. 22, 2026

Communiqué of the 113th Meeting of the Monetary Council of the Eastern Caribbean Central Bank

EIN Presswire

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Jul. 10, 2026

Benjamin Wey Outlines Hamilton Reserve Bank's Global Banking Model from the Caribbean

EIN Presswire

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May 31, 2026

St. Kitts and Nevis enters New Space through historic life sciences mission with Switzerland

EIN Presswire

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Jul. 11, 2026

Treasury Targets Key Supreme Leader Financier and Iran’s Shadow Exchange Houses

U.S. Department of the Treasury

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Jul. 30, 2026

Commonwealth of Dominica Holds Chairmanship of ECCB Monetary Council

EIN Presswire

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