AGP Executive Report
Last update: 5 hours agoANSA McAL Credit Ratings: CariCRIS assigned ANSA McAL “CariAA” and “ttAA” with a stable outlook, citing strong market position, diversified portfolio, resilient earnings and disciplined execution. Tobago Data Centre Plan: A long-awaited tier III data centre in Tobago has been shelved, with questions lingering over whether the island can meet the power and reliability demands of proposed AI facilities. Energy Supply Doubts: Former Energy Chamber CEO Dr Dax Driver challenged the feasibility of the proposed data centres, pointing to gas and electricity supply concerns. Cybercrime Hit: A Chaguanas businessman says he lost over $1.3M after an alleged online banking hack, raising fresh alarms about commercial bank security and customer authorisation controls. Nestlé Sale Enters Next Phase: The OWTU says Nestlé’s sale process is moving ahead, with an international firm in Switzerland overseeing the transaction and about 200 workers facing months of uncertainty. Prison Conditions Under Scrutiny: The Prison Officers’ Association renewed calls for staffing, infrastructure and equipment upgrades, as concerns grow around conditions and internal handling of the Dominic Hadeed detention matter. Court Fight Over Hadeed: An attorney says the Court of Appeal only ruled on whether the Hadeeds should stay in custody while their PDO challenge proceeds, as the State seeks to keep them detained. T&T–Venezuela Thaw: Trinidad and Tobago’s PM received correspondence from Venezuela’s acting president following earthquake relief efforts, signalling warmer ties after strained relations. CXC SBA Changes: CXC will phase out traditional SBAs for several CSEC and CAPE subjects from 2027, shifting some to exam-based assessment amid concerns about student use of generative AI. Jack Warner Extradition Halted: The High Court permanently stayed the US extradition case against Jack Warner, citing breaches of constitutional rights and ordering damages and legal costs. Trade & Services Push: Government targets higher export earnings, highlighting the services sector’s role and the need to remove barriers to services exports. CARICOM Tax Meeting: CARICOM tax administrators and experts meet in Georgetown to focus on future-ready, data-driven and AI-enabled revenue collection. Breakfast Shed Stays Open: The Court of Appeal rejected UDeCOTT’s urgent bid, keeping vendors in place pending a substantive trial in January 2027. Blue Waters Lease Probe: New reporting revives questions around campaign-era instructions tied to Blue Waters land leases.
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.