Daily Brief - Wednesday 27th March, 2024

TTMA IN THE NEWS

Support for ‘reasonable tax’ on residential properties—TTMA head

Re-elected president of the T&T Manufacturers’ Association (TTMA), Roger Roach says the organisation supports a “reasonable and equitable tax” on residential properties. Read more here

TTMA backs ‘reasonable, equitable’ property tax

THE T&T Manufacturers’ Association supports the imposition of a “reasonable and equitable” property tax on residential properties, provided there are tangible results from this new income source, newly re-elected president Roger Roach has said. Read more here

TTMA head supports ‘equitable’ residential property tax

NEWLY re-elected president of the Trinidad and Tobago Manufacturers Association (TTMA) Roger Roach expressed the TTMA’s support for a “reasonable and equitable” tax on residential properties during his remarks at the association’s AGM at the Hyatt Regency on March 26. Read more here
 

NEWS

Imbert: Property tax will expose unjust enrichment

Minister of Finance Colm Imbert believes one of the reasons there has been such vociferous opposition towards the property tax is because people do not want to explain their wealth, as it will expose “unjust enrichment”. Read more here

Body in burning car in Tobago

A woman’s body has been found in a car parked roadside the Claude Noel Highway in Tobago. The woman had been bound and gagged. The car, a Mazda 3, was set on fire. Read more here
 

POLITICS

Paray: I don’t think I’ll be victimised

MP for Mayaro Rushton Paray says he does not believe he will be victimised for issuing a public call for internal elections in the United National Congress (UNC). Read more here

Appeal Court rejects UNC’s Lengua/Indian Walk LG challenge

The Elections and Boundaries Commission (EBC) will have to make preparations to hold a by-election for the Lengua/Indian Walk district. Read more here
 

BUSINESS

WITCO enters Colombia market, silent on vape products

After four consecutive years of declining profit, the West Indian Tobacco Company Ltd (WITCO) saw its first increase in profits in five years, attributing this turnaround to rising local sales and the successful entry into the Colombian market. Read more here

 

REGIONAL

NCB’s Canadian pivot

The latest round of board changes at NCB Financial Group Limited (NCBFG) has seen the board composition effectively becoming mainly Canadian, a possible reflection of where chairman and majority owner Michael Lee-Chin intends to take the financial conglomerate. Read more here

Guyana, Dominican Republic partnership could strengthen Latin America, Caribbean region

GUYANA’S growing partnership with the Dominican Republic (DR) could foster greater regional integration of the Latin American and Caribbean region, President Dr. Irfaan Ali has said. Read more here
 

INTERNATIONAL

US farms are making an urgent push into AI. It could help feed the world

American farmers are rapidly ploughing ahead with adopting artificial intelligence. The technology is as sophisticated as it is essential. Read more here

Three ships have hit bridges in different countries – in just three months. Should we be worried?

A deadly bridge collapse in Baltimore. A bridge in southern China sliced in half. Parts of a bridge cutting through the hull of a massive ship in Argentina. Read more here
 

27th March 2024

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