Saturday, April 29, 2017

Cargo barge delayed on maiden voyage

Apr. 28, 2017, 10:34 PM AST Comments

WORKS and Transport Minister Rohan Sinanan said yesterday the Trinity Transporter cargo barge was delayed on its maiden voyage because it had to receive clearance from Customs and Excise. Responding to an urgent question in the House of Representatives from Couva North MP Ramona Ramdial, Sinanan sai

Fitch Ratings to assess T&T

Apr. 27, 2017, 9:29 PM AST Comments

Anna Ramdass—FITCH Ratings Inc, one of the “big three credit rating agencies”, will be asked to rate Trinidad and Tobago, says Finance Minister Colm Imbert.



Republic posts $630m profit

Apr. 27, 2017, 7:36 PM AST Comments

REPUBLIC Financial Holdings Ltd, the parent company of Republic Bank, has recorded a profit attributable to shareholders of $630.5 million for the half-year ended March 31, 2017.

Most teens have taken social media break

Apr. 27, 2017, 1:31 PM AST Comments

NEW YORK (AP) — The common stereotype has teens glued to their phones 24-7. But nearly 60 percent of teens in the U.S. have actually taken a break from social media, the bulk of them even voluntarily, a new survey found.


ECA wants clarification

Apr. 26, 2017, 9:46 PM AST Comments

THE Employers Consultative Association of Trinidad and Tobago (ECA) has joined the call by stakeholders in the businesses community for further clarity on the property tax before it takes full effect. “Even as the ECA acknowledges the benefits of reintroducing this tax regime by way of Govern


Don't let lands lie idle*

Apr. 26, 2017, 3:18 AM AST Comments

THE termination of 77 employees of Caroni Green Ltd last week signalled the end of another agricultural enterprise into which Government ploughed substantial cash and other resources, and which, if we believe the incumbent administration, was a colossal financial failure. The project, then named Car


Forex shortage forcing prices higher*

Apr. 26, 2017, 3:14 AM AST Comments

PRICES of supermarket goods have been slowly but steadily increasing. But president of the Supermarkets Association of Trinidad and Tobago Dr Yunus Ibrahim says it is not unusual for one company to raise prices as the cost of retail items has been going up for the last two years. Ibrahim told Expres

Investors to get another chance at TTNGL shares*

Apr. 26, 2017, 3:7 AM AST Comments

INVESTORS will again be offered shares for purchase in the Trinidad and Tobago NGL Ltd (TTNGL), chairman Gerry Brooks has said. Speaking before a Joint Select Committee (JSC) meeting in Parliament, International Waterfront Centre, Port of Spain, on April 19, Brooks, who is also chairman of the Natio


Still some distance away*

Apr. 26, 2017, 3:5 AM AST Comments

THE day when supplies of gas derived from cross-border reservoirs between Trinidad and Tobago and Venezuela arrive here for use in liquefied natural gas (LNG) or petrochemical production, still seems some distance away. The two governments agreed in May, 2016, to expedite the conclusion of arrangeme


Sun, sea and sand Games to boost economy*

Apr. 26, 2017, 3:2 AM AST Comments

THE Trinidad and Tobago Beach and Sand Games could be developed into a unique product as a distinct arm of the broader economic diversification drive of the country. This is what newly re-elected Trinidad and Tobago Olympic Committee president Brian Lewis envisions for the inaugural event, which the


Ship talk back in town*

Apr. 26, 2017, 2:59 AM AST Comments

WHEN I was small, we used to play these little tongue twister games like, “Robinson Crusoe shaved his beard with a rusty, rusty razor blade”, “She sells sea shells by the seashore” and, our favourite because when you got your “tangue tongled” up you came up with a


Property Tax FAQs*

Apr. 26, 2017, 2:56 AM AST Comments

THIS article contains background information on the new property tax and answers some Frequently Asked Questions (FAQ). I support the re-instatement of the Property Tax, it is long-overdue and property owners have enjoyed a seven-year holiday since it was last collected in 2009. I have two substanti