AGP Executive Report
Last update: 10 hours agoManufacturing & Trade: West Indian Traders’ revenue rose 20% to $97.9 million, but foreign-exchange shortages are limiting imports, stock and expansion. Fresh Start Juices is growing exports, with Barbados and Grenada already served and St Lucia next. Energy: Heritage says offshore well S-946 is now testing above 800 barrels of oil a day, while Touchstone’s Carapal Ridge-3 results point to another gas development opportunity. The Energy Minister says the Government is in the final steps towards restarting Pointe-a-Pierre refinery operations. Industry & Construction: TCL reported a $17.6 million operating loss in Trinidad and Tobago for the first nine months of 2026, as lower domestic cement sales weighed on results. Caribbean businesses are also seeking permanent US exemptions from maritime fees that could raise freight costs by 50–60%. Green Growth & Agriculture: A US$4.85 million, four-year project will develop a national net-zero and nature-positive strategy. Government is also exploring Japanese equipment to turn sargassum into fertiliser, creating a potential resource for farmers.
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