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AGP Executive Report

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Electricity & cost of living: BVI Opposition Leader Marlon Penn warned that new BVIEC tariff changes removing a fuel subsidy for high-usage customers will hit major supermarkets and food importers, pushing up operating costs and likely raising food prices. Water rates & governance: Premier Natalio Wheatley signalled higher water rates may follow the transfer of water and sewerage services to VIEWCO, saying the utility must charge rates that reflect supply costs and stay viable. No amnesty on disputed bills: Government denied promising an amnesty to forgive disputed water arrears, after calls for relief tied to the transfer timeline. BVI electricity rate bill passes: The House of Assembly approved amendments to the Statutory Rates, Fees and Charges Act to reduce the government’s BVIEC subsidy by half, aiming to restore solvency and avoid future public bailouts. Undersea innovation leadership: UTIC named Donald McCormack board chair as founding chair Debbie Proffitt retired, keeping momentum on undersea prototype collaboration. Marine & skills pipeline: BVI voices say young people are being sidelined in skilled work, with calls for stronger TVET and earlier, practical training for marine careers. Security & policing: RVIPF arrested a suspect in a murder investigation during gun-crime search operations, recovering a stolen vehicle and seized items. Business & travel: Allegiant expanded its Caribbean network and added complimentary nonalcoholic drinks, while preparing a new premium cabin product for 2027. Finance & offshore services: Osiris Group entered the Guernsey fiduciary market, adding trustee and private wealth services alongside its BVI operations.

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. 10, 2026

Surety One launches ERISA 4204 bond underwriting portal

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Aug. 5, 2026

Anguilla tourism chief pushes regional teamwork and youth careers

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Aug. 1, 2026

TTW ranks Mexico No. 1 in 2026 Americas and Caribbean beach list

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‘Electricity is the lifeblood of the economy’- Hon Skelton

‘Electricity is the lifeblood of the economy’- Hon Skelton

15 Black-owned restaurants in Arizona to try during Black Business Month

15 Black-owned restaurants in Arizona to try during Black Business Month

Osiris forays into Guernsey fiduciary market 

Osiris forays into Guernsey fiduciary market 

Higher prices for big businesses under new BVIEC rates

Higher prices for big businesses under new BVIEC rates

Virgin founder Richard Branson 'denied entry to nightclub'

Virgin founder Richard Branson 'denied entry to nightclub'

US firm that planned major investment into the Scarlets has ceased trading

US firm that planned major investment into the Scarlets has ceased trading

BLISTERING HEAT AND SAHARAN HAZE BLANKET THE VIRGIN ISLANDS AS TROPICAL DISTURBANCES REMAIN AT BAY

BLISTERING HEAT AND SAHARAN HAZE BLANKET THE VIRGIN ISLANDS AS TROPICAL DISTURBANCES REMAIN AT BAY


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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

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Aug. 10, 2026

Waton Financial Highlights AlphaSchema Research Progress in Structured AI-Assisted Trading Signal Discovery

GlobeNewswire, Inc.

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Aug. 6, 2026

WISeKey Announces Extraordinary General Meeting to Approve Proposed Redomiciliation to the British Virgin Islands

GlobeNewswire, Inc.

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Toshi.bet Settles $84,000 Max Win in Under Two Minutes

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Aug. 5, 2026

Aura Announces Q2 2026 and H1 2026 Financial and Operational Results, a Record First Half Result

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