AGP Executive Report
Last update: 5 hours agoRenewables Skills: Economy and Labour Minister Jason Hayward recognised nine Bermudians completing the 2026 Solar Photovoltaic Certification Programme at Bermuda College, awarding internationally recognised PVIL1 qualifications to strengthen local clean-energy capability. Scholarships & STEM Pipeline: BELCO handed out $202,500 in scholarships and education grants to 20 students, including major engineering and environmental studies awards, reinforcing Bermuda’s talent pipeline for tech and power. Cybersecurity Accountability: Bermuda Police Service says there are no active lines of inquiry into the September 2023 government cyberattack, while the Public Accounts Commission is still expected to pursue financial aspects like a $4.4m payment. Digital Currency Direction: Premier David Burt told Bloomberg Bermuda’s proposed digital Bermuda dollar would be privately issued (not a central bank digital currency), as stablecoin guidance and onchain plans continue to take shape. Procurement Scrutiny: Opposition claims no-bid housing contracts worth $418.5m were awarded to foreign firms without oversight from the Office for Project Management and Procurement, raising questions about transparency and controls. Regional Tech Connectivity: Google’s Nuvem submarine cable project—routing via Bermuda and the Azores—boosts transatlantic capacity and positions Portugal as an AI infrastructure hub, with other US tech firms exploring more cable projects. Tokenised Markets Expansion: Payward and GTN are expanding xStocks tokenized equities beyond US assets into Hong Kong first, then UK/Europe and South Korea, using GTN’s execution and custody network. Energy Policy Debate: A local commentary argues Bermuda’s energy policy direction remains unclear, pointing to solar-related tensions and shifting plans that affect household costs and investment confidence.
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