AGP Executive Report
Last update: 10 hours agoEnergy & Investment: Shell has shelved its Aphrodite offshore gas project in Trinidad and Tobago after talks with the National Gas Company broke down, raising fresh questions about the country’s gas outlook amid declining reserves and regional competition. Cross-Border Trade: A new study says Curaçao–T&T trade is still under 1% of Curaçao’s merchandise totals, but both sides are exploring a new agreement to unlock potential in chemicals, fuels, financial services, processed foods, medical instruments and digital services. Land Administration: The Ministry of Land and Legal Affairs and UNDP will digitise land-related systems and services to cut bottlenecks and make access easier for citizens and businesses. Banking & Credit: S&P Global reaffirmed First Citizens Bank’s investment-grade rating, citing strong capital, liquidity and reserves despite sovereign risk constraints. Corporate Finance: JMMB Group reported $2.1bn net profits for the June quarter, driven by higher net interest income and gains from its Sagicor stake. Public Finance Watch: State companies have paid over $75m in legal fees from 2015–2026, with details emerging via FOIA requests to WASA and T&TEC. Regional Business: Lord’s Mark Industries and ARKALL Holdings will set up pathology labs and expand healthcare commercialisation across 28 Caribbean markets, starting with T&T. Telecom Costs: CTU says high intra-Caricom roaming charges still persist despite a 2022 push to cut fees by up to 70%+; Sports & Economy: CPL’s return is expected to lift attendance and commercial activity, with stakeholders projecting knock-on benefits for next year’s international matches.
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