AGP Executive Report
Last update: 11 hours agoPayments Leadership: Visa is reshaping its Caribbean structure, naming Jorge Salum vice-president and country manager for Greater Caribbean Markets in a new role covering 22 markets as the region pushes further from cash to digital commerce. Aviation & Connectivity: interCaribbean unveiled its “Spirit of Turks and Caicos Islands” aircraft, while the Grand Turk–South Caicos air route was temporarily grounded as government works to secure a long-term fix for the subsidized service. Tourism & Development: The Andaz Turks and Caicos is set to open for guests in June 2027, adding 59 rooms and 73 residences, and Wymara Resort + Villas won Condé Nast Traveler’s inaugural Triple Crown. Air Access Boost: BermudAir announced major 2026–27 winter expansion with new routes into Providenciales from multiple U.S. cities. Local Business & Community: Beaches Turks and Caicos’ Treasure Beach Village opening drew crowds and boosted craft vendors, and CIBC Caribbean donated $2,500 to keep Salt Rakers Aquatic Club swim lessons running. Land & Housing Policy: Government extended the Crown Land Amnesty Programme to Dec. 31, 2026, and the House approved the Mortgage Corporation Bill 2026 to widen access to mortgage financing. Finance Outlook: A new commentary flags how stablecoins and correspondent banking shifts are changing the strategic landscape for Caribbean banks.
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.