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AGP Executive Report

Last update: 3 hours ago

AI & Outsourcing Costs: A new wave of “labor savings” is getting eaten by rising AI compute and maintenance bills, with firms shifting spend from wages to infrastructure instead of cutting costs. Auto Industry & Taxes: TTADA says mild hybrid vehicle tax exemptions are restored after technical talks with Finance Minister Dave Tancoo and Customs, keeping import costs stable for qualifying models. Steel & Scrap Supply: Scrap dealers back the planned steel mill restart but warn against a monopoly—state buyers must pay international scrap prices and allow continued exports. Business Strategy Under FX Strain: Local consultants argue Trinidad and Tobago firms can’t rely on the domestic market alone; AI plus overseas expansion is being pitched as the practical route to earn foreign currency. Weather & Planning: The Met Service forecasts near-normal rainfall in early August, with wetter spells expected Aug. 2 and Aug. 6–9, supporting short-term agro and logistics planning. Cyber/Smart Cities Talks: T&T and Israel begin discussions on cybersecurity and smart cities, alongside agriculture and healthcare projects. Culture & Industry: Caribbean Music Awards is moving its 2026 ceremony to Trinidad and Tobago and launching a multi-day Elite Weekend Experience in September.

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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Jun. 17, 2026

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

AGP

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Jul. 2, 2026

Guyana to host launch of Caribbean Energy Week 2027

AGP

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Jul. 2, 2026

Guyana to launch Caribbean Energy Week 2027

AGP

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Jul. 30, 2026

Melamine market seen rising to $6.8B by 2035

AGP


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As it opens its largest retail store in T&T: Pennywise eyes manufacturing

As it opens its largest retail store in T&T: Pennywise eyes manufacturing

Refinery restart faces scepticism from industry expert despite Govt push

Refinery restart faces scepticism from industry expert despite Govt push

Building AI models that prompt us to think humanely

Building AI models that prompt us to think humanely

In a first, Caribbean Music Awards moves from New York to Trinidad & Tobago

In a first, Caribbean Music Awards moves from New York to Trinidad & Tobago


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Jul. 28, 2026

Methanex Reports Record North American Production and Second Quarter 2026 Earnings

GlobeNewswire, Inc.

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Jul. 21, 2026

Improvement project at Trinidad Weigh Station this week

Colorado Department of Transportation

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Jul. 7, 2026

Mining Explosives Market to Reach $20.97 Billion by 2035 as Critical-Mineral Boom & Infrastructure Spending Drive Demand

EIN Presswire

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Jun. 17, 2026

A History of Trinidad & Tobago Football (1908–2006) Chronicles the Nation’s Football Journey from Colonial Roots to WC

EIN Presswire

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Jul. 30, 2026

Kick-Off the 2026 Farmers Market Week in Reisterstown on August 2!

Maryland Department of Agriculture

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Jul. 2, 2026

Guyana to Host Launch of Caribbean Energy Week 2027 as Regional Energy Momentum Builds

EIN Presswire

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