AGP Executive Report
Last update: 3 hours agoAir Connectivity Boost: Caribbean Airlines will add a weekly non-stop Tobago–Toronto service from Oct. 25 and resume Trinidad–Caracas flights from Oct. 31, with further charter activity to Panama—aimed at lifting tourism, business travel and regional links. Budget Pressure Points: With the Oct. 12 budget looming, economists and a business voice are urging a serious look at whether the T&T dollar is appropriately valued amid persistent FX shortages, warning devaluation alone won’t fix access to US dollars and could hit essentials. Food Security Focus: An agriculture consultant says the 2027 budget must measure whether agri-spend actually raises production and farm viability, while a supermarket boss points to external shocks—fuel, shipping, geopolitics and freight disruptions—driving food price volatility. Renewables Reality Check: A new Ember report estimates the Caribbean installed far more solar than official stats, but says policy and regulation bottlenecks are slowing the shift away from imported fossil fuels. Corporate Moves: Massy Holdings is selling its Trinidad Caterpillar business for US$16m, expecting a US$9.8m loss tied largely to severance, as it redeploys capital. Innovation Push: The Innovation Association calls for stronger coordination and investment in R&D and entrepreneurship to build a more effective national innovation ecosystem.
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