AGP Executive Report
Last update: 4 hours agoEnergy Safety: A crane detached during lifting work at Perenco’s Samaan Alpha platform, injuring an operator who was treated and discharged; the company is investigating. Budget and Business: Economists warn the 2027 budget’s fiscal projections and tax measures could challenge growth, while forex shortages are likely to persist unless Trinidad and Tobago builds non-energy exports. South chambers welcomed the refinery restart pledge, though key details remain outstanding. State Assets: The Government plans to seek proposals to sell Hilton Trinidad, Magdalena Grand and National Quarries, citing losses; workers and La Brea stakeholders are seeking clarity over jobs and the future of LABIDCO. Tourism Investment: Construction has begun on a $500 million, 200-room Marriott resort in Tobago, expected to create more than 500 jobs. The island is also preparing for 60,000 Carnival visitors, with water and utility reliability a concern. Regional Industry: CARICOM teams are assessing whether regional producers can supply cement, paints, glass bottles and bitumen, a review that could shape future import duties.
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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