AGP Executive Report
Last update: 8 hours agoOffshore Finance: The British Virgin Islands ranked first on the Tax Justice Network’s corporate tax index; Turks and Caicos placed 37th. The group says the rankings measure how easily companies can shift profits, not whether illegal activity has occurred. Resort Investment: Hilton now projects its Waldorf Astoria private-island resort on Dellis Cay to open in 2030, two years later than first planned. Air Links: Porter has begun adding nonstop flights to Providenciales from Ottawa and Toronto, expanding winter access from Canada. Workforce Rules: New immigration legislation requires employers to pay work-permit fees upfront and show that local hiring preferences and labour-clearance requirements have been met. Tourism Development: Andaz Turks & Caicos is targeting a spring 2027 opening on Grace Bay, with 132 rooms. Hotel Costs: The Caribbean Hotel & Tourism Association is opposing Booking.com’s plan to charge commissions on government taxes, which it says would raise distribution costs for accommodation providers.
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.
Perspectify News
