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Category Archives: Business News

T&T’s economy being described as out of balance

Trinidad and Tobago’s economy is being described as out of balance, and according to economist Terrence Farrell that is not going to change any time soon.

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PM monitoring retrenchment figures

Prime Minister Dr Keith Rowley admits there have been job losses locally, due to the global economic downturn, but assures he is monitoring the retrenchment figures.

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Claims of majority foreign ownership in gaming sector denied by TTMCA

Claims of majority foreign ownership within the gaming sector are denied by the Trinidad and Tobago Members Clubs Association.

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Finance Minister set to deliver 2018 budget in few hours

Finance Minister Colm Imbert is set to deliver government’s 2018 Fiscal Package in just a few hours time.

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New Petrotrin chairman says the company needs to be reinvented

New Petrotrin chairman Wilfred Espinet says the company needs to be reinvented and its cost structure needs to be addressed.

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Flow Trinidad says rate increases are beyond its control

Cable company, Flow Trinidad says its planned rate increases are beyond its control.

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OCM posts $40m half-year profit

One Caribbean Media (OCM) Group has reported “satisfactory” results for the six months ended June 30, 2017, despite operating in a difficult economic environment, chairman Faarees Hosein said yesterday. During the period, the group recorded revenues of $217.6 million (US$32 … Continue reading

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Mario Sabga-Aboud says he’s sorry for statements made on CNN’s “Parts Unknown” with Anthony Bourdain

Businessman Mario Sabga-Aboud says he is sorry for some of the statements he made during an interview with American television show host Anthony Bourdain.

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Government can no longer afford 40 million dollar annual bill for CNMG

The government says it supports state owned Caribbean New Media Group to the tune of 40 million dollars annually.

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PM seeking help from ECLAC in the area of economic research

Prime Minister Dr. Keith Rowley is seeking help from the United Nations Economic Commission for Latin America and the Caribbean (ECLAC) in the area of economic research.

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