AGP Executive Report
Last update: 3 hours agoTrade & Industry: Trinidad and Tobago businesses at the TIC say they’re being forced to adapt fast to supply disruptions, rising costs and volatile raw material prices, from changing product scents to protecting production costs. Manufacturing Finance: The TTMA is pushing the Ministry of Finance to clear a VAT refund backlog, warning delayed payments are choking reinvestment, upgrades, training and jobs. Energy Exploration: ExxonMobil has endorsed T&T’s deepwater push, saying it has nearly completed seismic acquisition in Block TTUD-1 and is moving to evaluate hydrocarbon potential. Power Sector Governance: Public Utilities Minister Barry Padarath installed a new PowerGen board, with Jasodra Rampersad as chair and Nathan Jeremie as deputy chair. Regional Affordability: CARICOM leaders and private sector groups agreed measures to cut intra-regional trade and logistics costs, reduce fuel import taxes, expand renewable energy and fast-track a regional ferry plan. Health & Skills: The U.S. Dental and Veterinary readiness missions delivered free services and training across T&T, with PM Kamla Persad-Bissessar calling it a tangible partnership. Legal/Politics: A High Court order compels the PNM to explain funding for Balisier House, while PowerGen leadership changes and VAT pressure keep governance and business costs in focus.
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