AGP Executive Report
Last update: 2 hours agoCorporate Earnings: West Indian Tobacco’s nine-month after-tax profit rose 20% to $72.9 million, though revenue was nearly flat as higher excise taxes and illicit trade squeezed its domestic market. Tobago Tourism: The Chamber estimates more than 25,000 people visited for Tobago Carnival, filling small hotels and villas and lifting food and beverage activity; it says better airbridge logistics helped move visitors. Jobs and Industry: Nutrien workers at Point Lisas are receiving retrenchment letters as the company winds down its local nitrogen business, citing gas constraints and uncertainty. Falling Trinidad exports are also adding pressure to global fertilizer supplies and costs. State Assets: The Communications Workers’ Union is seeking talks with the Prime Minister on TSTT and AMPLIA, and is questioning the proposed sale of Hilton Trinidad. Business Leadership: Trinidad and Tobago executive Danielle Dumas has joined Visa as director of partnerships and market development. Trade Prospects: Canadian Prime Minister Mark Carney says Canada and the Caribbean have barely tapped the potential of their trading relationship, which is worth about $4 billion a year across the region.
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.