AGP Executive Report
Last update: 2 hours agoPoint Lisas Steel Revival: US-backed plans for the long-idled Point Lisas steel plant are back in focus, with debate over whether the US$750m restart will deliver lasting benefits and real job gains, as Young and others demand more deal details and engagement with SWUTT. Energy & Critical Minerals: BP’s move to buy Woodside’s 70% Calypso stake (to 100%) and assign 20% of the Manakin field to NGC keeps T&T’s gas and vanadium ambitions in the spotlight, alongside calls to revisit the natural gas master plan. Tobago Farming Finance: The ADB’s new TobaGrow loan product aims to ease financial access for Tobago’s farmers, fisherfolk and agro-processors, shifting Cepep workers toward farming. Local Business & Payments: A Tobago/Trinidad dog-boutique entrepreneur is offering TT-dollar payments online to reduce forex friction for customers. Telecoms & Digital Divide: CAN’T0 warns the Caribbean’s digital gap could hurt AI and fintech competitiveness, with Agard flagging lagging 5G rollout and affordability barriers. Jobs & Youth: An ILO report shows youth unemployment rising in most Caribbean countries, with T&T among those at a decade-long high for 20–24-year-olds. Flooding Disruptions: Heavy rain triggered severe flooding in parts of Trinidad’s Couva area, prompting sandbag distribution and disaster response. Food Prices Pressure: Poultry operators report a major bird shortfall, pushing chicken prices up and forcing some businesses to cut staff or close. Security Posts Debate: Business groups and commentators back joint police-army posts, but stress smarter deployment over construction alone.
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.