AGP Executive Report
Last update: 7 hours agoEconomic Outlook: The World Bank projects Saint Lucia’s economy will grow 1.1% in 2026, after an estimated 0.6% contraction in 2025. It points to practical AI tools as a possible productivity boost, but says businesses and workers need the capacity to use them effectively. Energy Costs: Government subsidies are keeping gasoline, diesel, kerosene and smaller cooking-gas cylinders at current prices through October 25; 100-lb cylinders and bulk LPG have still become more expensive. Consumer Alert: GraceKennedy is recalling two specified batches of Tropical Rhythms Fruit Punch 1L in Saint Lucia and six other markets over a product-quality issue. Geothermal: Exploration is under way in Saltibus, Fond St Jacques and Belle Plaine, with road and well-pad preparations next; two families displaced by the project are to receive replacement homes. Trade Infrastructure: EllaLink’s proposed Caribbean cable is in development and could connect Saint Lucia to regional and international networks, with service targeted for 2029. Business Regulation: Water truckers selling water must obtain a licence from the National Utilities Regulatory Commission under new sector rules.
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