AGP Executive Report
Last update: 2 hours agoResort Operations: Divi Carina Bay on St. Croix remains closed without power after a Sept. 30 generator fire. Its 51 guests were relocated, employees are being paid during inspections, and the casino has reopened while management plans the resort’s return. Connectivity: The FCC approved SpaceX’s plan for 15,000 direct-to-device satellites, but limited access to some frequencies in the U.S. Virgin Islands and Puerto Rico. Small Business: The SBA is accepting nominations for its 2027 awards, including a U.S. Virgin Islands Small Business Person of the Year; entries are due Dec. 7. Shipping: USPS delivery estimates for Ground Advantage packages to and from the territory are now 10 days or longer, a change that may affect businesses relying on parcel shipments. Tourism and Boating: The first USVI Sailing Week is set for April 8–11, 2027, combining regattas, boating events and tourism activities across St. Thomas, St. John and St. Croix. Financial Services: The territory is pursuing a Christiansted-based municipal bond issuer as part of Gov. Albert Bryan Jr.’s proposed “Third Wall Street” financial hub.
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