AGP Executive Report
Last update: 3 hours agoTourism & Investment: Royal Caribbean Group has agreed to buy a 50% stake in Sandals and Beaches Resorts for about US$3 billion, valuing the Caribbean brand at roughly US$6 billion; the joint venture is expected to close in early 2027, with committed financing from Morgan Stanley and potential “cruise-and-stay” spillovers for regional resorts including Grenada. Regional Business Climate: The CARICOM Private Sector Organisation called the deal a defining moment for Caribbean enterprise scaling globally, while highlighting the structural risk of putting cruise and resort power under one governance umbrella. Diplomacy & Trade Links: Grenada and Nepal formally established diplomatic relations effective Sept. 14, with a communiqué signed in New York by Grenada’s Finance Minister Dennis Cornwall and Nepal’s Foreign Affairs Minister Shisir Khanal. Public Procurement (Energy): Grenada published a tender for preparatory infrastructure and water supply equipment for geothermal slim-hole drilling (two sites), with bids due Nov. 6, 2026. SME & Livelihoods: Grenada’s Sustainable Development Trust Fund opened EOI for business development and mentorship for SMEs tied to the Woburn–Clarke’s Court Bay Marine Protected Area, running Nov. 2026–June 2027. Health & Resilience: CARPHA and PAHO convened 11 Caribbean countries in Trinidad to strengthen respiratory virus surveillance and lab diagnostics, including support for Grenada’s systems.
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.
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