Econ­o­mist Mar­la Dukha­ran says the pro­posed large-scale in­vest­ments in da­ta cen­tres and AI in­fra­struc­ture are like­ly to bring for­eign di­rect in­vest­ment and job cre­ation to T&T as well as po­si­tion the coun­try as a dig­i­tal hub. How­ev­er, she cau­tioned that pol­i­cy­mak­ers must care­ful­ly ex­am­ine the long-term costs and ben­e­fits.

Unilever Caribbean Lim­it­ed (UCL) has al­most dou­bled its prof­its for the six month pe­ri­od end­ed June 3, 2026.

The Na­tion­al Flour Mills (NFM) has record­ed a de­cline in prof­itabil­i­ty for the first six months of 2026 as ris­ing grain prices in­creased pro­duc­tion costs, al­though the com­pa­ny says it re­mains op­ti­mistic about its prospects for the re­main­der of the year

The Venezuela gov­ern­ment has award­ed an ex­plo­ration and pro­duc­tion li­cence for Phase 2 of the Lo­ran field in the Platafor­ma Deltana area, in a move that is ex­pect­ed to ad­vance gas de­vel­op­ment off­shore T&T.

Cap­i­tal is pour­ing in­to Trinidad’s pri­ma­ry tran­sit artery. Mod­ern com­mer­cial cen­tres have risen along the Churchill Roo­sevelt High­way, strate­gi­cal­ly po­si­tioned in Aranguez, Pi­ar­co and Trinci­ty to cap­ture the surg­ing con­sumer de­mand of a grow­ing pop­u­lace.

A Caribbean push to trans­form the re­gion us­ing AI tech­nol­o­gy has seen over 450 peo­ple an­swer Fu­ture Caribbean’s call to par­tic­i­pate in its Agen­tic AI Buil­dathon.

Last Thurs­day, BP an­nounced that it had agreed to ac­quire Wood­side En­er­gy’s 70 per cent in­ter­est in Block TTDAA 14. Once com­plet­ed, the trans­ac­tion will take BP’s own­er­ship of the Ca­lyp­so gas project to 100 per cent and give it op­er­a­tor­ship of one of Trinidad and To­ba­go’s largest un­de­vel­oped nat­ur­al gas re­sources. This is an ex­treme­ly pos­i­tive de­vel­op­ment.

In the last week, T&T’s en­er­gy sec­tor has ex­pe­ri­enced ex­tra­or­di­nary, mo­men­tous de­vel­op­ments, with BP an­nounc­ing an agree­ment to ac­quire Wood­side En­er­gy’s 70 per cent stake in the Ca­lyp­so gas project last Thurs­day, Au­gust 6, which takes the Lon­don-head­quar­tered com­pa­ny’s share­hold­ing in the gas field, which is north east of To­ba­go, to 100 per cent.

It is abun­dant­ly clear that Trinidad and To­ba­go is in des­per­ate need of for­eign di­rect in­vest­ment (FDI). How­ev­er, it re­mains crit­i­cal­ly im­por­tant to be ex­treme­ly thought­ful when choos­ing which in­dus­tries to pur­sue. A brief his­to­ry of the do­mes­tic iron and steel in­dus­try sheds light on the ac­tu­al val­ue-add of the sec­tor.

Glob­al elec­tric­i­ty gen­er­a­tion reached a record 32,202 ter­awatt-hours (TWh) in 2025, cap­ping a decade of steady growth as ris­ing de­mand from in­dus­try, house­holds, trans­port and dig­i­tal in­fra­struc­ture placed in­creas­ing pres­sure on pow­er sys­tems world­wide.

The Caribbean faces a widen­ing dig­i­tal in­fra­struc­ture and in­vest­ment gap that could un­der­mine its abil­i­ty to com­pete in ar­ti­fi­cial in­tel­li­gence (AI), fin­tech, dig­i­tal gov­ern­ment and oth­er emerg­ing sec­tors, CAN­TO C9 Chair Lisa Agard has warned.

As forex lim­i­ta­tions con­tin­ue to plague on­line shop­pers, one en­tre­pre­neur whose prod­ucts and ser­vices is mak­ing a glob­al reach, is giv­ing her T&T cus­tomers the op­tion of pay­ing for their pur­chas­es from her web­site in lo­cal cur­ren­cy.