AGP Executive Report
Last update: 7 hours agoCost of Living: Prime Minister Terrance Drew plans to meet supermarket operators and Consumer Affairs officials to examine grocery costs, investigate whether price increases are justified and seek a short-term plan to lower prices. He says higher supplier and shipping costs are contributing pressures. Local Products: A national workshop with the World Intellectual Property Organisation is exploring protection for distinctive goods such as Nevis mangoes and St. Kitts sarsaparilla, with a follow-up session set for Nevis. Cannabis Industry: The National Bank is prepared to provide services to licensed medicinal cannabis businesses that meet regulatory and compliance requirements, easing a longstanding barrier to operating and attracting investment. Digital Finance: Regional payments provider ECACHSI processed $32.2 billion across 6.43 million transactions in 2025; electronic transfers overtook cheques for the first time. Energy: Nevis is preparing its geothermal drilling site, including essential civil works and water infrastructure, before the rig arrives; delays could cost US$40,000 a day. Investment: A 15-member U.S. business delegation visited St. Kitts and Nevis to explore investment and partnership opportunities.
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