AGP Executive Report
Last update: 6 hours agoPoultry Costs Watch: Trinidad’s Consumer Affairs Division is urging shoppers to compare poultry prices after a slight rise in live chicken prices and processing fees, while reminding buyers to prioritise food safety. Utility Management: T&TEC appointed two new managers the same day it dismissed two executives—Aniel Jairam (internal audit) and Bisnath Maharaj (security). Business Sentiment: Chaguanas businesses report falling sales and rising costs as consumers cut back, with owners saying relief from the Mid-Year Budget Review may not reach small firms fast enough. Corporate Earnings: Endeavour Holdings (EHL) posted a 52.4% drop in after-tax profit to $22.93m for the year ended April 30, with contract revenue down 10%. Education Equity Debate: SEA results show “significant improvement,” but a UNESCO report says the exam still sorts children too early, potentially reinforcing inequality. Legal/Media: TV6/One Caribbean Media ordered to pay over $350,000 in a defamation case involving allegations linking a customs officer to ISIS. Youth Programme Shock: Opposition Leader Penelope Beckles is calling for MiLAT’s suspension to be reversed, arguing it harms youth development and crime prevention. Energy Outlook: Heritage Petroleum says oil production is set to recover under its expansion plan, while the Pointe-a-Pierre refinery restart roadmap is expected by end-2026. Finance/Payments: Sendana is promoting a digital US$ platform for Caribbean users, aiming to reduce delays, FX shortages and withdrawal friction. Revolving Credit: Trinidad Cement Ltd (TCL) secured a $100m revolving loan from ScotiaBank T&T for general corporate purposes.
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.