AGP Executive Report
Last update: 4 hours agoInvestment: Venezuela’s ambassador urged Trinidad and Tobago businesses to explore opportunities there, citing 80 energy agreements and a projected US$75.6 billion in investment over five years. Industry: National Quarries says restructuring has brought production costs below selling prices for the first time in years, potentially easing aggregate prices and reducing the state-owned company’s need for government support. Markets: NIF reported $364.9 million in comprehensive income for the nine months to September, reversing a $599.6 million loss a year earlier; the turnaround was driven mainly by unrealised gains, and its portfolio reached $7.84 billion. Manufacturing: Barbados-based Silverline Systems has invested millions of US dollars in a new showroom, warehouse and manufacturing facility at Invaders Bay, using T&T as a regional production and distribution hub. Banking: RFHL chairman Yashmid Karamath defended the board’s independence amid scrutiny of the group’s leadership change. Business Finance: Japan has provided a US$40 million financing package to support T&T businesses.
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.
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