AGP Executive Report
Last update: 4 hours agoEnergy & Industry Leadership: Paria Fuel chair Nyree Alfonso has resigned, ending her tenure at the state-owned fuel trader under TPHL, with the Energy Minister confirming she left via the regular process. Non-Energy Push: Trade Minister Satyakama Maharaj says Government is building a framework to transform T&T’s non-energy economy, with stronger public-private coordination and a push to grow exports and forex earnings. Trade & FX Pressure: The Couva/Point Lisas Chamber of Commerce is calling for a state probe into shipping agents charging local fees in US dollars amid FX shortages, arguing it unfairly burdens importers and consumers. Oil & Gas Operations: Touchstone reports two Trinidad wells (FR-1835/FR-1836) are on production and says Atlantic LNG Train 4 is in a planned maintenance shutdown, with gas volumes being redirected during outages. Regional Finance Deal: Butterfield has agreed to acquire CIBC Caribbean Bank’s controlling stake in a deal valued around US$1.8b, aiming to expand banking and wealth management across the region. Agriculture & Food Security: Minister Ravi Ratiram highlighted women’s roles across the agri value chain, linking their work to stronger food security. Manufacturing Expansion: IDB Invest has approved up to $30m for Trinidad Tissues to expand manufacturing, logistics and working capital across Caribbean markets. Media & Business Climate: The Caribbean Media Summit flagged how AI, social media and falling ad revenue are squeezing legacy media viability.
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.