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AGP Executive Report

Last update: 4 hours ago

USVI Budget Crunch: US Virgin Islands officials say revenues are tracking 9.4% below forecast, putting a $59M deficit on the table as the fiscal year ends Sept. 30, with lawmakers urged to approve use of Epstein and Leon Black settlement funds to plug near-term gaps. Electricity Relief Plan: BVIEC will apply a credit to September bills after August power bills spiked on July fuel costs tied to global market disruption and the end of an emergency subsidy. BVI Trade Push: Premier Wheatley leads a 12-member VI delegation to India (Aug. 24–31), pitching trade missions as a driver of Financial Services revenue and new partnerships. BVI Scholarships: The Asia Abroad Scholarship Programme reports a surge in applications, with four new scholars set for its next cohort. BVI MSME Grants: The VI government awarded US$165,000 in grants to 18 local MSMEs to support start-up and growth across sectors from food services to logistics and care for seniors. Tourism & Marine Safety: BVI issued a pointed marine safety message after 20 accidents this year, with collisions and groundings making up 90% of reported incidents. Cruise Economy: Norwegian Cruise Line detailed Norwegian Aura’s 2027–28 Caribbean itineraries, including calls at Tortola and St. Thomas, as it leans harder into wellness and solo-friendly offerings. USVI Drought Disaster: The US government declared drought disaster conditions across St. Thomas, St. John and St. Croix, unlocking federal emergency loan options for farmers. Google Play Settlement: USVI residents are among those potentially eligible for payouts from a $700M Google Play antitrust settlement, with many payments expected to be automatic.

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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8 hours ago

STO Foundation names Mark Mariampillai executive director

AGP

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Jul. 27, 2026

1st Capital Group expands foreign national DSCR financing

AGP

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Aug. 17, 2026

CMEx adds seven honorees to 2026 leadership roster

AGP

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Aug. 18, 2026

55printing adds AI design, 1-2 day copies and free file tools to its platform

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How a decade-long battle to build a superyacht marina in the Virgin Islands has Louisiana ties

How a decade-long battle to build a superyacht marina in the Virgin Islands has Louisiana ties

VI must grow marine industry with intention- John M. Samuel

VI must grow marine industry with intention- John M. Samuel

U.S. government declares drought disaster for U.S. Virgin Islands

U.S. government declares drought disaster for U.S. Virgin Islands


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an hour ago

Alpha Compute Continues to Grow Technical Execution and Client Support Teams for Scaling Global AI Infrastructure Business

GlobeNewswire, Inc.

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8 hours ago

 /CORRECTION - Ming Shing Group Holdings Limited/

GlobeNewswire, Inc.

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8 hours ago

Tokuti Founder Mark Mariampillai Joins The STO Foundation as Executive Director

EIN Presswire

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Aug. 20, 2026

Federal Home Loan Bank of New York Awards $70.9 Million for 47 Affordable Housing Initiatives

GlobeNewswire, Inc.

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Aug. 19, 2026

Alpha Compute July 2026 Monthly Update: Total Gamee Revenue and Alpha-01 NVIDIA Cluster Cash Receipts for July were $1.57 million, representing an approximately 35x increase over the Company’s total revenue in April 2026

GlobeNewswire, Inc.

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Aug. 12, 2026

University of the Virgin Islands Receives National Recognition for Student Success

GlobeNewswire, Inc.

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