AGP Executive Report
Last update: 4 hours agoFuel Prices & Cost of Living: St. Lucia’s gas and diesel prices at the pumps rose to $16.75 (up 75 cents), with officials pointing to higher global crude and noting LPG remains subsidised—while opposition and transport voices warn the increase could ripple through prices across the economy. Tourism Growth: The Saint Lucia Tourism Authority reports record April stay-over arrivals: 40,752 visitors, up 8.5% year-on-year, with strong gains from the US, Caribbean and Canada. Marine Livelihoods: A new Savannes Bay project backed by about US$80,000 (EC$215,000) will remove marine debris and deploy sustainable raft systems to support seamoss farmers and reduce future waste. Climate Finance: Saint Lucia hosted an Adaptation Investment Pitch and Matchmaking event to connect local sectors with international climate funds for National Adaptation Plan projects. Health & Innovation: CariGenetics Saint Lucia and Lab Services & Consultations launched a partnership to expand access to genetic testing and advanced cancer diagnostics, including tumour genetics and immunohistochemistry. Business & Disputes: A taxi sector update from the National Taxi Union focuses on the long-awaited permit system and regulation enforcement as operators seek clearer rules amid competition. Regional Business Environment: OECS and the OHADAC–CARO Centre announced training to strengthen arbitration and ADR capacity for Eastern Caribbean businesses and investors.
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