AGP Executive Report
Last update: 9 hours agoJobs and Distribution: Nestlé Trinidad and Tobago will cut 46 sales and warehouse jobs as Massy takes over distribution in January 2027; 30 workers accepted voluntary packages and 16 were retrenched. Economic Outlook: The CSO reported a 1.8% GDP decline in the first quarter, fuelling debate over whether T&T is in recession. Economists have urged a focus on recovery, while the Government says the country is progressing. Energy: Shell’s Manatee platform has arrived in T&T, while National Energy says it recovered US$779,620 in overdue berth charges. Connectivity: Digicel has added satellite backup to its managed business services, aiming to keep customers connected during outages. Trade and Transport: EximBank confirmed Tracy Tobias as CEO, with plans to strengthen export development and access to trade finance. Arajet says flights to T&T are unlikely before 2028 or 2029, pending Boeing aircraft deliveries.
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.
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