AGP Executive Report
Last update: 7 hours agoFX Crunch at TIC: Manufacturers and SMEs at the 2026 Trade and Investment Convention say foreign exchange shortages are eroding confidence, slowing orders and forcing firms to rely on harder-to-access channels. SME Push: Despite the squeeze, small businesses used TIC to pitch products, chase new buyers and keep expansion plans alive. Point Lisas Steel Restart: The Steelworkers Union says it was left out of talks before a government MOU with Pinnacle Steel and Vanadium on refurbishing and recommissioning the former iron and steel plant. Data Centres & AI MOUs: Government signed MOUs with US firms for large data centres and AI infrastructure, but public debate is already turning to power demand and environmental impact. Energy & Industry Pressure: A global report warns T&T’s coral reefs sit entirely within oil-and-gas zones as offshore expansion continues. Corporate Funding Moves: PriceSmart increased US$20.84m in borrowing to secure US-dollar liquidity amid FX constraints. Governance & Trust: Corruption investigations continue to draw criticism over high costs and limited closure, while a PNM Balisiér House funding probe sparks political pushback. Copper Export Ban: Copper exports are banned for one year, with only licensed manufacturers allowed under strict conditions.
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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