AGP Executive Report
Last update: 11 hours agoClimate Investment: Trinidad and Tobago has launched a four-year US$4.85 million project to develop a net-zero strategy, energy-transition roadmap and investment plans. Corporate Results: Trinidad Cement recorded a $17.6 million operating loss in the first nine months of 2026 as lower sales in T&T and Guyana dragged revenue down 5%. Touchstone Exploration, meanwhile, reported promising gas flows from its Central block, potentially opening a new development opportunity. Trade Costs: Caribbean businesses are seeking a permanent US exemption from maritime fees that could raise freight costs by 50% to 60% on some routes. Tourism: Tobago’s Chamber estimates the 2026 Carnival drew more than 25,000 visitors, filling accommodation and boosting food and beverage businesses. Company Performance: Witco’s nine-month after-tax profit rose 20% to $72.9 million, despite pressure from excise taxes and illicit trade in T&T.
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