AGP Executive Report
Last update: 3 hours agoTourism Policy: Aruba’s Chamber of Commerce says the 2026–2031 tourism plan must first tackle overtourism, strained infrastructure and falling service standards, warning that crowding is already affecting residents, visitors and Oranjestad businesses. Banking and Prices: In August, domestic credit rose Afl. 143.9 million, including Afl. 82.1 million in additional business lending; annual inflation increased to 2.7%. Tourism Investment: The Afl. 30 million Balashi Beer Experience has opened at Gloria Aruba, adding a new attraction for visitors and residents. Connectivity: EllaLink has launched development of a submarine cable route with a western segment serving Aruba, Bonaire and Curaçao; service is targeted for late 2029. Business Costs: Merchants are seeking an impact study before a proposed minimum-wage increase to Afl. 2,700, citing risks to small businesses, prices and competitiveness. Energy: WEB Aruba has launched a 35-megawatt battery-storage project, a major step in the island’s energy transition.
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