AGP Executive Report
Last update: 4 hours agoEnergy & Industry: Massy Holdings expects an accounting loss of about US$9.8M on its sale of the Caterpillar-related business in T&T to MACORP, with severance driving more than half the projected hit, while cash proceeds are expected at roughly US$16M. Business Finance: NEDCO says it’s stepping up expansion loans and full-service support (financing, training and mentorship) for micro and small entrepreneurs, including links to international markets like Canada. Tourism & Trade: SouthEx International Expo 2026 opened in South Trinidad, pushing “Buy Local” while spotlighting AI-led growth tools for tourism visibility. Energy Policy: PM Kamla Persad-Bissessar says Budget 2026/27 lands Oct 12 and points to gas deal progress and upstream investments, including NGC’s domestic supply push. Labour Market: The Central Bank reports unemployment rising to 5.4% in Q1 2026, with mixed sector performance and construction softening. Governance & Compliance: OSHA is consulting on proposed oil rig safety rules, aiming for clearer accountability and stronger worker protection. Agriculture & Markets: La Trinidad Mayor Roderick Awingan bans smuggled vegetables at markets, ordering inspections, confiscations and possible prosecution. Education & Skills: DPSU awarded 12 scholarships for professional development via Cipriani College, covering industrial relations, HR, project management and emergency management. EU Energy Cooperation: The EU signals readiness to support Nevis geothermal with expertise and possible financial backing. Culture & Brand: Habanos S.A. promotes Trinidad Vigía Reserva Cosecha 2022 in a Swiss launch, marking the brand’s first Reserva debut.
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.