AGP Executive Report
Last update: 8 hours agoProductivity: The Bahamas’ average output per worker was about US$56,400, well below the US$92,300 average in other high-income economies. A new task force report says stagnant productivity and rising wages are squeezing SME competitiveness. Export Growth: Trinidad and Tobago has US$2.8 billion in untapped non-energy export potential, especially in chemicals, processed foods and beverages. Trade officials urge businesses to use existing agreements and pursue new markets. Digital Payments: Contactless payments reached 67% of Visa transactions in Trinidad and Tobago, with further opportunity to bring more small businesses into the digital economy. Business Resilience: Jamaica’s TW Solar and partners gave more than 100 solar installers free technical training, aiming to strengthen independent businesses and improve service quality. Access to Finance: The European Investment Bank and ADOPEM announced €15 million for Dominican entrepreneurs and sargassum solutions. Banking Risks: Paraguay’s Ueno Bank collapse left millions struggling to access deposits and triggered a presidential impeachment, raising fresh concerns about oversight and confidence in the financial system.
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