AGP Executive Report
Last update: 7 hours agoHousing Finance Boost: Saint Lucia secured a US$20m Taiwan Eximbank loan via SLDB to expand affordable housing, with 100% financing aimed at low- and middle-income families and climate-resilient upgrades like drainage, water storage and solar. Workers’ Pay: St Lucia Mortgage Finance Company employees won an 8% general wage increase over three years, plus back pay and a mortgage interest-rate cap at 5%. Fuel Market Talks: Government met fuel retailers and petroleum dealers on retail margin and sector sustainability, balancing business viability with cost-of-living pressure. Trade & Business Outlook: The St. Lucia Chamber’s Sept 3 executive luncheon will focus on “Global Change, Local Impact,” covering shifting trade rules, visas, shipping and market access. Energy Pipeline: IRENA invited renewable project proposals across the Caribbean for potential support through its Climate Investment Platform and Energy Transition Accelerator. Community & Tourism: Baron’s Drive boat operators joined efforts to improve marine tourism safety and standards; a coastal cleanup targets five sites. Sports & Economy Pulse: CPL standings keep Saint Lucia Kings near the top after big wins, while Flow’s “Every Six Gives Back” ties tournament moments to local support.
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