AGP Executive Report
Last update: 2 hours agoManufacturing: Witco’s after-tax profit rose 20% to $72.9 million for the nine months to September, despite domestic market pressure from higher excise taxes and illicit trade. Revenue was nearly flat, with exports to Guyana and Suriname helping offset weaker local volumes. Telecommunications: TATT’s Week of Spectrum has brought regional experts together in Trinidad to discuss satellite connectivity, spectrum management and regulatory readiness ahead of the 2027 World Radiocommunication Conference. Fertiliser and jobs: Nutrien is issuing retrenchment letters as it winds down its Point Lisas nitrogen operations, citing gas-supply constraints and uncertainty. Falling exports from Trinidad are also tightening US fertiliser supplies and pushing up ammonia prices. Digital services: Digicel is expanding device sales through a Mobile Inn partnership, aiming to boost smartphone and accessory sales, postpaid subscriptions and fibre additions. Offshore energy: Allseas’ bowstring pipelay method was used on a 22-kilometre pipeline off Trinidad, completing the start-up in about 10 days and supporting a tight first-gas schedule.
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.