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Category Archives: Business News

T&T’s financial conditions being called favorable by Central Bank

Trinidad and Tobago’s financial conditions are being called favorable by the Central Bank.

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TCL’s subdued economic activity responsible for 2017 decline in earnings

Trinidad Cement Limited says subdued economic activity is responsible for the 2017 decline in group earnings.

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OWTU warning that there may be more staff cuts at UTT

The Oilfield Workers Trade Union is warning that there may be more staff cuts at the University of Trinidad and Tobago.

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Maternity benefit fraud unearthed at NIB

A reported maternity benefit fraud is unearthed at the National Insurance Board Limited.

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Finance Minister signs loan agreement in the sum of US $180 million

Finance Minister Colm Imbert signs the first tranche of a policy-based loan agreement in the sum of US$180 million.

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Russia sanctions: Shares in Deripaska-controlled firms crash

Shares in firms controlled by Oleg Deripaska have plunged after the US imposed sanctions on seven Russian oligarchs and their companies on Friday.

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Hiring practices at CAL comes under scrutiny by JSC

Hiring practices at Caribbean Airlines come under scrutiny by a Joint Select Committee of the parliament.

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Elorza, a town in western Venezuela, has started issuing its own paper currency

Amid an acute national shortage of banknotes, the town of Elorza in western Venezuela has started issuing its own paper currency.

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Energy Minister expressed frustration with the billions in revenue owed by Petrotrin

The Energy Minister is expressing frustration with the billions of dollars in revenue owed by Petrotrin.

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Another Port Chairman resigns

Allison Lewis says she has done her best as chairman of the Port Authority, and it is now time to let someone else continue the work.

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