AGP Executive Report
Last update: an hour agoPower Costs: Government has not ruled out higher electricity rates as it tackles T&TEC’s nearly $10 billion debt to NGC. A proposed five-cent surcharge would apply only to residential use above 3,000 kWh per billing period, affecting fewer than 10% of households. Regional Investment: A US$340 million US-Caribbean package targets projects in energy, critical minerals, ports and digital infrastructure; Trinidad and Tobago took part in the talks. Air Links: Arajet says scheduled flights to Trinidad are unlikely before 2028 or 2029, as it awaits more Boeing aircraft. Jobs and Trade: Nestlé will cut 46 sales and warehouse jobs as Massy takes over product distribution. Newly confirmed EximBank CEO Tracy Tobias says she will focus on export development and access to trade finance. Gas Supply: Debate over future production highlights the need to turn potential gas resources into dependable supply for industry, while Shell’s Manatee platform has arrived in Trinidad and Tobago.
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.
Perspectify News
