AGP Executive Report
Last update: 10 minutes agoEarthquake Watch: A 6.1-magnitude quake off western Cuba was felt across Havana and as far north as Florida, prompting precautionary evacuations and brief service disruptions, with no injuries or damage reported. Local Business Policy: The Cayman Islands Government published the Local Companies (Control) (Amendment) Bill, 2026, giving Cabinet power to pause licences for foreign-owned businesses in sectors deemed in the public interest, with real estate and property development flagged as a key focus. Financial Services Diplomacy: Premier André Ebanks is set to travel to Washington and Chicago to deepen US-Cayman engagement on tax policy, financial regulation, cross-border investment, and capital markets. Health Insurance Costs: CG BritCay (Coralisle Medical) is proposing about a 25% increase to SHIC basic plan premiums from 1 July, with the Health Insurance Commission and ministry reviewing the request. Water Infrastructure Leadership: Consolidated Water appointed water-industry veteran Sachin Chawla as Senior VP, Strategy and Growth, aiming to drive business development and expansion. Digital Finance & Markets: Toobit rolled out a Prediction Market and added Stellar (XLM) to its Fixed Earn series with a limited-time 60% APR campaign. People & Careers: The Ministry of Health, Environment and Sustainability highlighted a Caymanian PhD achievement, celebrating a return to public service through Caymanian career pathways.
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.