Daily Brief - Monday 12th October, 2020
A trade agreement which allows for goods produced in TT and other Caricom countries to have duty-free access to the US market has been extended for another 10 years by US President Donald Trump. A release from the Ministry of Trade and Industry on Sunday said the extension of the... Read more
12th October 2020
Daily Brief - Friday 9th October, 2020
Finance Minister Colm Imbert gave manufacturers an unexpected but not unwelcome surprise Tuesday when he announced a new $50 million facility specifically geared to increase exports. Speaking at the TT Manufacturers’ Association (TTMA) post-budget forum at the Hyatt Regency Port of Spain, Imbert said during the planning of the budget,... Read more
9th October 2020
Daily Brief - Thursday 8th October, 2020
Executive chairman of professional services network, EY Caribbean, Wade George, said yesterday that some Trinidad and Tobago residents are preferring to hold their wealth as they believe the TT dollar is likely to depreciate in value over the next four years. Read more here Read more
8th October 2020
Daily Brief - Wednesday 7th October, 2020
Finance Minister Colm Imbert expects that, even though the fuel subsidy will be removed come January, competition in the marketplace will help keep gas prices manageable. "Just go to another gas station," he said at the TT Manufacturers' Association post-budget forum at the Hyatt Regency, Port of Spain on Tuesday. Read more
7th October 2020
Daily Brief - Tuesday 6th October, 2020
The TT Manufacturers’ Association (TTMA) says government's plan to privatise certain state entities such as gas stations and the port of Port of Spain shows it is listening and responsive to recommendations from the business community. Read more
6th October 2020
Daily Brief - Monday 5th October, 2020
Health Minister Terrence Deyalsingh said the ministry was trying to avoid a “twindemic” of covid19 and the influenza during the country’s flu season from October to May. He said so far 22,000 doses of flu shots were distributed into the public health system for the annual flu shot drive, but... Read more
5th October 2020
Daily Brief - Friday 2nd October, 2020
Devaluation of the TT dollar should not be the only solution to the country's macroeconomic challenges, Central Bank Governor Dr Alvin Hilaire said Thursday. Instead, he said, what is really needed for TT to retain a balance is solutions on a macroeconomic scale that would make businesses in TT more... Read more
2nd October 2020
Daily Brief - Thursday 1st October, 2020
While not anticipating any significant increases in food prices in the near future, Supermarket Association president Rajiv Diptee said on Wednesday, "The genesis of any price increase does not lie with the retailers at the end of a complex supply chain." Referring to previous comments he made about possible increases... Read more
1st October 2020
Daily Brief - Wednesday 30th September, 2020
President of the TT Chamber of Industry and Commerce Reyaz Ahamad said one of the takeaways from Monday’s Spotlight on the Budget and the Economy 2021 is that TT has been living beyond its means in some cases. Read more
30th September 2020
Daily Brief - Tuesday 29th September, 2020
Sanatan Dharma Maha Sabha (SDMS) secretary general Vijay Maharaj said the education board is not currently considering any legal action against the Caribbean Examinations Council (CXC) over the results of the July 2020 CAPE and CSEC examinations. Read more
29th September 2020
Daily Brief - Monday 28th September, 2020
As reports circulated that Caribbean Airlines (CAL) may cut salaries and staff, the Aviation Communication and Allied Workers’ Union (ACAWU) warned against such action and breach of workers’ rights by the state entity. In a media release, ACAWU said it noted that while CAL proposed reducing operating staff salaries by... Read more
28th September 2020
Daily Brief - Friday 25th September, 2020
Officials at state-owned Heritage Petroleum have been accused of preventing the TT Scrap Iron Dealers Association from legitimately buying scrap metal from the company’s predecessor Petrotrin. The association’s president Allan Ferguson told reporters during a news conference at Signature Hall, Longdenville on Thursday, they have been sidelined after investing heavily... Read more
25th September 2020
Daily Brief - Wednesday 23rd September, 2020
The challenges of offering diverse, in-depth, people-oriented stories in the age of online journalism became a lively topic of discussion among a panel of journalists on day two of The UWI's online literary festival LITTCON 2020 on Tuesday. Read more
23rd September 2020
Daily Brief - Tuesday 22nd September, 2020
Minister of Health Terrence Deyalsingh said the use of public pools for any purpose remains off limits, in keeping with the covid19 protocols. Deyalsingh was speaking at the ministry’s virtual press conference on Monday morning. Read more here Read more
22nd September 2020
Daily Brief - Monday 21st September, 2020
Enhanced safety protocols have been implemented following confirmation that two Scotiabank employees – one at the Diego Martin branch and the other at the bank's Independene Square, Port of Spain branch – tested positive for the coronavirus. Read more
21st September 2020