AGP Executive Report
Last update: 11 hours agoTIC 2026 & local business push: Trinidad and Tobago’s Trade and Investment Convention wrapped with manufacturers and SMEs saying the event still helps them find buyers and forex opportunities, even as persistent FX shortages and high costs keep confidence under pressure. US data-centre deals spark debate: Government signed MOUs with Hummingbird AI Holdings and Ernst & Young for proposed 150MW and 300MW AI data centres, but critics are raising alarms over energy demand and environmental impact. Point Lisas industrial revival: Cabinet approved MOUs tied to nearly US$2bn in investment, including frameworks to explore restarting the Point Lisas iron and steel plant, while the Steelworkers Union says it was left out of key discussions. Energy expansion concerns: A separate report warns T&T’s offshore and LNG push could further endanger coral reefs, as new exploration expands oil-and-gas zones. FX crunch in action: PriceSmart Trinidad increased US$20.84m in borrowings to secure US-dollar liquidity, underscoring how currency constraints shape day-to-day operations. Balisier House legal fight: The Balisier House unexplained wealth case could become a landmark test for how the law applies to political parties, as PNM and UNC-linked figures trade accusations over motives and campaign finance reform. Security & sabotage headlines: PowerGen board changes and tighter security for Public Utilities Minister Barry Padarath ran alongside reports of sabotage investigations, including fuel and electrical theft cases.
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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