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AGP Executive Report

Last update: 4 hours ago

Energy & Industry Dealmaking: Massy Group confirmed it has sold its Caterpillar business in Trinidad and Tobago to Machinery Corporation Motors (MACORP), a local subsidiary of Machinery Corporation of America, saying the move supports growth and keeps workers in mind. Consumer & Distribution: Nestlé Trinidad and Tobago will shift its local distribution model in January 2027, with Massy Distribution Division becoming the main distributor, while Nestlé says the earlier factory sale is separate and consultations with the OWTU are underway. Procurement & Governance: A new push around the Public Procurement and Disposals of Public Property (Amendment) Bill 2026 is raising concerns about weaker accountability, higher costs for suppliers challenging tenders, and reduced scrutiny. Budget Planning: Caribbean Energy Chamber CEO Eugene Tiah argues the 2027 budget must be tied to a long-term economic strategy, not treated as a one-year exercise. Critical Minerals Research: The U.S. DOE awarded US$29.5M to Ames National Laboratory projects under “Mine of the Future” to reduce dependence on China for critical minerals. Trade & Investment Links: Canada is opening doors for tariff-free market access and joint ventures with T&T firms, with a trade mission bringing 30+ local businesses to Toronto. Tourism Jobs: YTEPP and TIATT signed an MOU to create tourism employment pathways for trainees. Digital Payments Policy: Caribbean central banks are moving away from CBDCs toward instant payment systems as adoption remains low. Food & Agriculture: A food industry voice is calling for farmers and producers to get a real share of Carnival and festival revenue so more spending stays local. Creative Economy: The 20th Trinidad + Tobago Film Festival named multiple regional winners, including DANM as Best Film made in T&T.

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.

AGP Wire

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Sep. 29, 2026

bp to sponsor Venezuela Energy Week as gas talks expand

AGP

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Sep. 9, 2026

Harold Mohamed to launch memoir on Trinidad roots and life in Canada

AGP

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Aug. 21, 2026

Caribbean Energy Week returns to Guyana in July 2027

AGP

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Jun. 17, 2026

New history book tracks Trinidad & Tobago football from colonial roots to 2006 World Cup

AGP


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Trinidad + Tobago Film Festival announces winners of 20th anniversary edition

Trinidad + Tobago Film Festival announces winners of 20th anniversary edition

Consumers hunting for grocery bargains in tough economy

Consumers hunting for grocery bargains in tough economy

Shell’s platform departs for Trinidad & Tobago’s offshore realm as NGC locks in gas from two upcoming projects

Shell’s platform departs for Trinidad & Tobago’s offshore realm as NGC locks in gas from two upcoming projects

TTMA, TTCSI seek stronger support for manufacturers, services

TTMA, TTCSI seek stronger support for manufacturers, services


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Sep. 29, 2026

bp to Advance Venezuela Gas Opportunities at Venezuela Energy Week 2027

EIN Presswire

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6 hours ago

Navarro Announces State Farm Rate Cuts and $5B Dividend Distribution

Division of Community Affairs - Delaware

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Sep. 9, 2026

Trinidad-Born Author to Launch New Memoir Reflecting on His Journey from Diamond Village to Canada

EIN Presswire

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Sep. 30, 2026

8th Annual Creole Food Festival Unveils Powerhouse Line-Up of Global Diaspora Chefs at Brooklyn Bridge Park October 3rd

EIN Presswire

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Sep. 11, 2026

From Heavy Equipment to Top Honors: 2nd Marine Division Officer Named Combat Engineer of the Year

DVIDS - Georgia

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Sep. 8, 2026

iQor Launches Global Gaming Center of Excellence in Trinidad and Tobago

GlobeNewswire, Inc.

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