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Category Archives: Business News

Euro slips after Macron wins French presidency

The euro has slipped back against the dollar as markets reacted to Emmanuel Macron’s victory in France’s presidential election.

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Communication Workers Union raise questions over TSTT’s pending purchase of Massy Communications

The Communication Workers Union raises questions over the pending purchase by TSTT of Massy Communications.

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200 million dollar buyout on the making between TSTT and Massy Communications

A more than 200 million dollar buyout is in the making between the Telecommunications Services of Trinidad and Tobago and Massy Communications.

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Clean up operations on going in the Gulf of Paria on going says Petrotrin

Petrotrin says clean up operations in the Gulf of Paria are on going.

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Corned beef has returned

Corned beef is returned to the shelves of groceries across the country.

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Government temporarily suspends VAT refunds due to lack of funding

The government of Trinidad and Tobago temporarily suspends Value Added Tax refunds due to lack of funding.

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“Take your rig and go” comment to oil giant BP described as unfortunate

President General of the Oilfield Workers Trade Union Ancil Roget’s “take your rig and go” comment to oil giant BP is described as unfortunate.

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IMF study on Caribbean says VAT can yeild more revenue

The IMF has released a Working Paper that reviewed the tax administration reforms that have been undertaken by 20 Caribbean countries including Trinidad and Tobago, with the support of the Fiscal Affairs Department of the Washington-based financial institution and the … Continue reading

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BPTT says time contraints will prevent it from reaching goal of all local input in Angelin Gas Field project

BPTT says time constraints will prevent it from reaching its goal of all local input in the Angelin Gas Field project.

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Government to borrow U.S $300 MIL from Andean Development Corporation

Finance Minister Colm Imbert says government intends  to access a US$300 million loan from the Andean Development Corporation in this fiscal year.

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