AGP Executive Report
Last update: 3 hours agoPower Reliability Watch: T&TEC says another manikou (opossum) caused a brief 10-second power dip around 8pm Thursday, affecting residential areas in Diego Martin (Madras Road, Chin Chin Road, St Lucien Road) and short interruptions for some industrial customers; the fault traced to the Bamboo/Orange Grove 66kV sub-transmission circuit and supply was normalised quickly. Sustainable Finance Push: Republic Financial Holdings (RFHL) expanded its sustainable finance commitment by an additional US$550m, lifting total climate and inclusion financing to US$750m by 2030, with focus on climate resilience, SME inclusion, food security and entrepreneurship. Insurance Sector Consolidation: Tatil and Colfire are seeking Central Bank approval to amalgamate into a single T&T Insurance Ltd entity effective Jan 1, 2027, while keeping both brands visible in the market. Food Security at Community Level: Government launched the Public Fruit and Food Orchards initiative to turn underutilised public spaces into productive community orchards using GIS mapping to support local fruit access and agricultural education. Regional Trade & Manufacturing: Omni Industries targets raising export revenue share to 10% within five years and is in talks with a major Trinidad bakery manufacturer to supply baking trays. T&T–Venezuela Energy Reset: PM Kamla Persad-Bissessar says she expects to meet Venezuela’s acting president Delcy Rodríguez later this month at the UNGA, with renewed focus on trade and natural gas access. Vehicle Dealers Seek Forex: TTADA is urging more foreign exchange access for vehicle dealers as dealers report difficulties after recent Central Bank forex changes, while asking that hybrid tax arrangements remain in place. Local Market Boost: Plymouth/Black Rock’s electoral district launched a monthly farmers’ market at Adventure Mall, giving local vendors a platform for produce, spices and crafts—aimed at supporting Tobago’s food security push. Energy Exploration Signals: United Oil & Gas hired NRG Well Management to study offshore drilling rig availability and costs for potential exploration off Jamaica, including the Colibre and Thunderball prospects, with logistics support across the Caribbean including Trinidad and Tobago.
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