AGP Executive Report
Last update: 8 hours agoMSME Capacity Building: The Government of the Virgin Islands and the Caribbean Development Bank launched a three-part, bi-weekly MSME training series for entrepreneurs, covering Business Continuity, Digital Marketing, and Financial Management, with virtual and hybrid options to reduce travel burdens. Banking Growth: Nubank reported record quarterly income, with net income hitting $1.1B (+49% YoY) and said it’s pushing ahead on a U.S. bank plan after conditional charter approval. Tax Enforcement Push: El Salvador recorded the highest tax burden in Central America in 2025 at 22.1% of GDP, driven by enforcement against evasion and smuggling plus electronic invoicing—aiming to bring small businesses and the informal sector into the tax base. Digital Payments for SMEs: Saint Lucia’s fintech push is being powered by QR payments and online sales by small businesses, supported by regional digital infrastructure efforts. Energy Investment in LatAm: Copenhagen Infrastructure Partners closed Growth Markets Fund II at about $3B, backing energy projects across Latin America, including Chile battery work and Mexico solar-plus-storage construction. Disaster Impact on Business: Colombia’s earthquake response is escalating, with officials declaring an economic emergency to speed recovery—after major damage to homes, schools, healthcare, roads, and airports.
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