AGP Executive Report
Last update: 5 hours agoBPO/Tech Services Push: AMCHAM T&T is pitching Trinidad as a higher-value nearshore hub, with Tech Hub Islands Summit (June 30–July 1) spotlighting AI and cybersecurity exports and even arguing some entry-level BPO work should be automated. Fintech Fair Play: UNI Global Union warns fintech firms are moving into Caribbean banking with lighter regulatory and tax burdens, raising concerns about job displacement and uneven competition, including digitised branch models in T&T. STEM for Industry: Education Minister Michael Dowlath announced plans to expand digital tech, robotics and AI in schools, backed by NIHERST’s FIRST Tech Challenge national robotics tournament with Shell. Energy Sector Safety Shift: The Energy Chamber says it will phase out the Safe To Work (STOW) certification, arguing it had become a barrier for smaller operators while pledging continued safety focus. Food Supply Pressure: Broiler Growers Association reports a chicken shortage tied to higher costs and depot purchasing limits, with prices rising and potential knock-on effects for customers. Central Banking: CBTT kept the repo rate at 3.5% amid global uncertainty and subdued inflation. Seismic Preparedness: UWI-SRC urges calm but preparedness after major Venezuela quakes, noting stress changes across the Caribbean Plate and a small uptick in regional seismic activity. Local Business Anxiety: Chambers report shootings near commercial areas are fuelling fear among employers and investors, calling for stronger policing and tech support.
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.