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Category Archives: Business News

Minister of Finance admits that government acquired CL Marine from CLICO but had no autonomy over liquidator process

An admission from the Minister of Finance that government acquired CL Marine from the CLICO group of companies but he says it did not have autonomy over the liquidator’s process. The issue came up in the questions for oral answer … Continue reading

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Custom built fast ferries due to arrive 1st week in January 2021

The Atlantic Ocean is now all that separates the APT James from home.  The first of 2 custom built fast ferries to service the inter-island sea bridge arrived in the Canary Islands at 8pm on December 25th.  According to original … Continue reading

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Heritage Petroleum says all is well following oil spill

Heritage Petroleum says all is well following an oil spill in the Godineau River. However it says some barks in the mangrove of the river will have oil stains. Company officials yesterday posted on Facebook a video of a boat … Continue reading

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“Vagrancy” problem in capital city being called chronic

The vagrancy problem in Port of Spain is being called chronic. President of the Downtown Owners and Merchants Association Gregory Aboud says talks have taken place with the Ministry of Social Development to treat with the issue. He too was … Continue reading

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A new face for the capital city

A new face is being planned for the capital city. Government yesterday revealed plans for yet another initiative aimed at fixing the wrongs in Port of Spain. Prime Minister Dr Keith Rowley says this is part of the revitalization of … Continue reading

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Opposition claims all is not well with the negotiations for the purchase of Petrotrin Refinery

New claims that all is not well with the negotiations for the purchase of the Petrotrin Refinery. The opposition leader says the government has not been telling the truth about the proposed deal and Petrotrin is not the only item … Continue reading

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Government plans to privatise the Port of Spain port not sitting well with SWWTU

The plans by the government to privatise the port of Port of Spain are not sitting well with the Seamen and Waterfront Workers Trade Union. The union represents workers on the port. According to President of SWWTU, Michael Annesette, workers … Continue reading

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Nestle being hailed for new paper straws

Nestle Caribbean is being hailed for the introduction of paper straws. However Director of Sustain T&T, Carver Bacchus says there is also a need for public education. Nestle recently announced that all orchard and other drinks will come with paper … Continue reading

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Another chance to save negotiations between government and Patriotic Energies

An intervention from Prime Minister Dr. Keith Rowley, as there are attempts to safe the negotiations between the State and Patriotic Energies and Technologies Company Limited. Patriotic is seeking to purchase State owned Petrotrin, but there appears to be trouble, … Continue reading

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Patriotic wants it’s proposal to be independently evaluated before government docks out

Patriotic Energies and Technologies is hoping the stumbling blocks stalling the purchase of Petrotrin can be removed. Yesterday the company along with its parent Oilfield Workers Trade Union expressed surprise that proposals submitted to the government last week were rejected. … Continue reading

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