AGP Executive Report
Last update: 7 hours agoCost of Living: Senators have delayed a final vote on the Cost of Living Amendment (No 2) Act 2026, after business groups warned it could enable price controls on essentials and add burdens for fresh food. The bill now heads back to the Senate in September. Construction Watch: Builders say a concrete block shortage is biting hard, blamed on limited plant capacity, storage limits, and supply-chain gaps—hitting major projects including Luscar Place and the Google Nuvem landing station. Finance & Fraud: HSBC Bermuda warns of a “troubling” rise in scam calls where fraudsters pose as bank staff, especially around Cup Match, urging customers to hang up and call directly. Digital Currency: Premier David Burt says Bermuda’s proposed digital Bermuda dollar would be privately issued, not run as a central bank digital currency. Insurance Outlook: Chubb CEO Evan Greenberg says the soft insurance market is spreading into casualty lines even as loss costs keep rising. Sports & Community: Bermuda swimmers are set for the Commonwealth Games opening pool session, while Wellness Wednesdays report record turnout for kids’ healthy activity. Aviation: BermudAir confirms a firm order for 10 Airbus A220-300s to expand its Caribbean and North America network.
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.
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