Daily Brief

Daily Brief - Monday 16th October, 2017

Shamfa Cudjoe, Minister of Tourism, officially launched Trinidad and Tobago’s 2017/2018 Cruise Ship Season in fine style at the Port of Spain Cruise Ship Complex yesterday. She told guests and stakeholders: “For the period January to June 2017, Caribbean cruise arrivals stood at 15.3 million, a four percent increase on... Read more

16th October 2017

Daily Brief - Thursday 12th October, 2017

In a few minutes of sheer terror, an American Missionary couple and their teenage son were savagely attacked, beaten and robbed by two cutlass-wielding masked bandits at their Rousillac home on Tuesday night. However, although left traumatised Michael and Kathryn Purdom, who are in their 60s, said this incident has... Read more

12th October 2017

Daily Brief - Wednesday 11th October, 2017

First Citizens Bank intends to grow its market share rather than increase fees to compensate for the five percent increase in corporation tax which all banks must pay from next year. In his 2017 - 2018 budget presentation, Finance Minister, Colm Imbert announced that "consistent with the need to spread... Read more

11th October 2017

Daily Brief - Tuesday 10th October, 2017

Nigel Alexander, 38, of Gonzales, Belmont yesterday appeared in the San Fernando Magistrates’ court charged with possession of cocaine for the purpose of trafficking. The charge alleged that on September 18, Alexander had in his possession 540 grammes of cocaine at Aeropost offices in Marabella. Read more here Read more

10th October 2017

Daily Brief - Monday 9th October, 2017

Canadian forensic investigators Kroll Consulting, on Tuesday last, began a probe into Petrotrin’s US$11 million ‘fake’ oil scandal and has been given an all-clear directive to report any employee who refuses to cooperate with them. Petrotrin’s management is to be informed within 24 hours of any non-compliance with directives by... Read more

9th October 2017

Daily Brief - Friday 6th October, 2017

Contractor Emile Elias, who recently resigned as chairman of State-owned TSTT, is going after Finance Minister Colm Imbert via the courts, seeking a $55 million payment ordered in a judgment against a company owned by Imbert, for work done on the Grenada National Stadium project back in 1997. Read more

6th October 2017

Daily Brief - Thursday 5th October, 2017

Prime Minister Dr. Keith Rowley called on citizens who hoard foreign exchange to stop it and release it back to the market. “That foreign exchange story is not a simple, straightforward story. There are some shenanigans going on as well and they better face up to that. Read more

5th October 2017

Daily Brief - Wednesday 4th October, 2017

Two of T&T’s largest private sector organisations and one of the country’s premier accounting firm have questioned the impact of the across-the-board imposition of a 30 per cent corporate tax rate on all businesses operating in T&T, which was introduced by Finance Minister Colm Imbert in his presentation of the... Read more

4th October 2017

Daily Brief - Tuesday 3rd October, 2017

The American Chamber of Commerce (AmCham) and the TT Manufacturing Association (TTMA) have both expressed concern about government’s strong focus on taxation and lack of clarity in explaining how it intends to implement many of the policies announced in this year’s Budget statement. Read more

3rd October 2017

Daily Brief - Friday 29th September, 2017

The T&T Manufacturers’ Association (TTMA) is optimistic that positions presented during its pre-Budget talks with Government can chart a way forward for the nation’s economy. In a media release yesterday, the business group said it had also participated in the conversation the Government had with various stakeholders on Wednesday and... Read more

29th September 2017

Daily Brief - Thursday 28th September, 2017

The public service system is an outdated bureaucracy and must be reformed with service commissions replaced by human resource departments to make hiring qualified personnel more efficient, Economic Development Board chairman Dr Terrence Farrell said yesterday. “The system we have today is a colonial institution. Read more

28th September 2017

Daily Brief - Wednesday 27th September, 2017

After losing close to $150million in a fire which destroyed four warehouses on Monday, managing director of JMH Enterprises, Christopher James, said that his company which supplies several of the nations groceries with goods, will be back in operation within a matter of weeks. Read more

27th September 2017

Daily Brief - Tuesday 26th September, 2017

An estimated $150 million in damage was incurred, and 45 employees displaced after fire gutted the Trincity Industrial Estate warehouses of JMH Enterprises Sunday night. The blaze gutted four warehouses which contained rice, cooking oil, saltfish and sugar, along with counter tops, and kitchen appliances. Read more

26th September 2017

Daily Brief - Friday 22nd September, 2017

A high court judge has granted leave to a retired police corporal to challenge a decision of the Commissioner of Police to reclassify his sick leave without any explanation. Ashram Pariagsingh, who was a policeman for 37 years, was assigned to the La Brea Police Station when on May 8,... Read more

22nd September 2017

Daily Brief - Thursday 21st September, 2017

After losing his arm which he used to make a living, a tradesman and cricketer is putting his faith in God’s hands as he contemplates a dismal future. Life for Jamie Lubon changed drastically on Monday night, when an army vehicle crashed into his car, shattering his peaceful existence and... Read more

21st September 2017

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