AGP Executive Report
Last update: 7 hours agoBusiness Disruption: RAM’s Trading thanked emergency crews, staff and the community after a fire at its Bird Rock warehouse. The cause and extent of damage remain unknown. Tourism: The Caribbean Tourism Organization plans a stronger push for UK and European visitors in 2027, building on its expanded presence at London’s World Travel Market. Three ships also brought 9,455 passengers to Port Zante on November 10, offering a boost to local businesses. Fuel Costs: New maximum gasoline prices took effect November 11: $18.30 per gallon at SOL and $18.49 at SOL Petroleum (Nevis), with tax reductions helping cushion consumers. CBI and the Economy: As the EU presses St. Kitts and Nevis and other OECS states for their position on citizenship-by-investment programmes, the IMF warns that uncertain CBI revenue makes economic diversification and stronger fiscal buffers more urgent. Clean Energy: Civil works are advancing at Nevis’s Hamilton geothermal site ahead of drilling; equipment has begun arriving, though no start date has been set.
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