AGP Executive Report
Last update: 2 hours agoBanking Leadership: Aruba Bank named Ramon Mas as Managing Director effective Nov. 1, 2026, tapping more than 25 years of banking experience to strengthen corporate banking and credit quality. Digital Connectivity: EllaLink launched its Caribbean Gateway initiative, with a western segment serving Aruba, Curaçao and Bonaire, moving from design to committed investment and targeting service by end-2029. Tourism Demand Signals: New travel data shows group size matters: couples are driving demand for Sint Maarten, Saint Lucia and Aruba, while family-sized travelers lean toward Curaçao and the U.S. Virgin Islands. Energy Costs Pressure: In budget debate coverage, Sint Maarten lawmakers questioned why electricity bills appear far lower in Aruba than at home and pressed for details on GEBE fuel-clause findings. Local Business Climate: Aruba’s business groups renewed calls for stronger enforcement against the informal market, arguing legal merchants are being undercut while compliance is punished. Governance & Employment: A court annulled the suspension of Arubahuis director Joselin Croes, while Arubus workers increased pressure for a new collective labor agreement amid subsidy and service-level disputes. Youth & Skills: Project AWE wrapped its first barbering training program, graduating 11 young participants with certificates and starter kits. Environment & Education: Aruba opened Coral Academy on De Palm Island to expand coral restoration and reef education for children and adults.
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