AGP Executive Report
Last update: 3 hours agoRetail & Manufacturing Push: Pennywise opened its biggest plaza and standalone store at Trincity Industrial Estate, but the bigger signal is a pivot toward manufacturing driven by ongoing foreign exchange pressure and premium bank rates. Business Resilience & AI: Consultant Gerald Llanos says T&T firms can’t rely only on the local market; earning forex overseas and using AI are becoming survival tools, not optional upgrades. Insurance Consolidation: General Accident Insurance (Trinidad and Tobago) is set to merge with Beacon Insurance, with Beacon as the surviving entity, aiming to strengthen scale in the local general insurance market. Public Finance Systems: First Citizens Bank raised questions about adding NPICTT and WiPay to the U-Turn online payment system, warning it could affect transaction costs for citizens. Jobs Snapshot: CSO data shows nearly 6,000 job losses in Q1 2026, with employment down and unemployment rising. Health Policy: T&T is developing a national roadmap with PAHO to accelerate elimination of communicable diseases, targeting progress on more than 30 conditions. Emancipation & Unity: African Emancipation Day events drew calls for reparations and unity, but also political tension and public debate over follow-through.
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.
Perspectify News
