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Category Archives: Business News

Moonilal says government secretly signed Petrotrin deal

The Oropouche east candidate for the United National Congress, Dr. Roodal Moonilal says the government has secretly signed the Petrotrin deal. But he is telling Prime Minister Dr. Keith Rowley to keep his paws off the Petrotrin refinery. At a … Continue reading

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DOMA says new COVID cases no surprise

No surprise says Port of Spain business operators following yesterday’s COVID scare in the city. President of the Downtown Owners and Merchants Association Gregory Aboud tells Newscenter 5 the possibility always existed with the traffic of people in and out … Continue reading

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Thermal scanners to be employed by CAL

Thermal scanners are to be employed by Caribbean Airlines in its bid to control the spread of COVID-19. Speaking with Newscentre 5 yesterday head of Corporate Communications Dionne Ligoure said that the scanners are for the Piarco head office in … Continue reading

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Finance Minister clears the air on criteria for businesses to secure VAT refunds

The Finance Minister is seeking to clear the air on the criteria for businesses to secure VAT refunds. During a media briefing yesterday Minister Colm Imbert said there was a circular notice by a private accounting firm on the issue … Continue reading

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CDB says many Caribbean countries will experience economic decline in coming months

The Caribbean Development Bank says many Caribbean countries will experience a general decline in economic activity in the coming months in light of COVID-19’s impact. In a release the CDB, many of these countries, including those, which will be supported … Continue reading

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WITCO records profit of $105 Million after tax

The West Indian Tobacco Company Ltd records a profit after tax of $105 million for the 3 months ended 31st March 2020.

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RBC makes $700,000 donation to Red Cross Society of T&T

A $700,000 donation of charity from RBC Royal Bank to the Red Cross Society of Trinidad and Tobago

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DOMA President says small business operators cannot survive much longer

The Trade Minister is seeking to allay the concerns of those who feel small businesses should have been allowed to operate as part of the government’s phase one lifting of restrictions.

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CEO of First Citizens Group has been appointed new President of BATT

Chief Ex­ec­u­tive Of­fi­cer of the First Cit­i­zens Group Karen Dar­basie has been ap­point­ed as the new Pres­i­dent of the Bankers As­so­ci­a­tion of T&T (BATT).

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Calls for continued economic collaboration between US & China after high level international forum

A high level international forum on US-China economic relations has ended in Hong Kong with calls for continued collaboration between the world’s top two economies.

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