AGP Executive Report
Last update: 5 hours agoNon-Energy Push: The Ministry of Trade, Investment and Tourism says it wants an extra US$2 billion in non-energy exports by 2027, with proposals aimed at easing exporter bottlenecks and boosting output by up to 25% annually. Investment Pipeline: Global TT reports a TT$14 billion investment pipeline, with 45 active projects and potential for 5,600+ jobs, as it moves projects from pipeline to committed status. Banking Deal: Butterfield has signed an agreement to acquire 91.7% of CIBC Caribbean Bank, aiming to expand corporate, personal and wealth management services across the region. FX & Shipping Costs: The Couva/Point Lisas Chamber is calling for a State probe into shipping agents charging local fees in US dollars amid FX shortages, arguing it breaches Central Bank guidance. Labour/Arrears: The PSA rejects the State’s 40% cash/60% non-cash backpay settlement for public sector arrears, insisting wages must be paid in cash. Water Supply: WASA urges conservation as dry weather cuts output at the North Oropouche plant, affecting multiple communities. Tobago Jet Ski Rules: A judge tells jet ski operators to consider launching from locations beyond Pigeon Point Heritage Park after a fatal April accident. Regional Politics: Trinidad and Tobago abstained and later reserved positions on CARICOM’s Cuba statement, as ministers cite intensifying US measures and growing divisions within the bloc.
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