AGP Executive Report
Last update: 5 hours agoMoody’s Confidence Boost: Moody’s upgraded Trinidad and Tobago’s outlook to stable from negative, keeping the Ba2 rating, citing improving external prospects, reserves and debt-management after a January bond move. Energy & Jobs Angle: AMCHAM CEO Nirad Tewarie welcomed Venezuela’s Shell Loran gas licence but warned that social and political division could blunt the economic payoff. Central Bank Legal Action: The Central Bank filed a High Court suit seeking recovery over an alleged $20m forged Government cheque scheme involving NiPat General Contractors and two directors. Public Money Accountability: TTFA president Kieron Edwards pushed back on calls for clearer reporting of SporTT and Ministry of Sport subventions, saying records exist but release depends on agreed accountability processes. Market Watch: West Indian Traders extended its IPO closing date to June 22, keeping terms unchanged as it seeks to raise about $10.125m at $2 per share. Governance Tensions: NJAC condemned Kareem Marcelle’s “divisive” remarks at a PNM meeting, while Barry Padarath rejected intimidation claims after a Parliament mic-row. Health & Compliance: NBTS warned that selling blood is illegal and said it will track every unit through haemovigilance. Safety Incident: Two women died in a Port of Spain apartment fire; T&TEC rescued a baby.
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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