AGP Executive Report
Last update: 10 hours agoUtility & Cost of Living: Opposition Leader Joey Hew says URCO still hasn’t answered why CUC’s scheduled base-rate increases weren’t deferred in 2026 like they were in 2020 and 2022, arguing the regulator’s response misses the core question for Caymanian families and businesses. Roads & Transport: Nighttime paving works are set for the CUC Roundabout from 13–24 July, 8pm–4am, with motorists urged to follow detours and safety instructions. Identity & Licensing Fees: New DVDL fee regulations will take effect in September, with non-Caymanians paying far more than locals; the rollout depends on My eID status verification, which remains limited. Cybercrime Alert: RCIPS, CBC and WORC warn residents about a phishing scam using video calls claiming to be “Police, Immigration,” urging people not to share passport or banking details. Local Governance & Spending: Hew flags concern over the government’s plan to spend another CI$134m for the 2026 budget at the halfway point, citing a small surplus and upcoming uncertainties. Business & Finance: Cayman fund registrations reportedly climbed above 31,000 in the first half of 2026, while a Cayman judge ordered independent oversight for Apple Tree Life Sciences’ management amid an ongoing dispute. Markets & Global Signals: Gold and silver face pressure as a strong US dollar and higher yields dominate safe-haven demand.
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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