Category Archives: Business News
Broiler association tells of imminent higher costs for eggs and poultry
Consumers are being told to brace for higher chicken and egg prices. The warning comes from Head of the Broiler Growers Association, Sudesh Ramkission. There was an increase in the price of chicken and eggs recently. Mr. Ramkission tells Newscenter … Continue reading
No flour shortage says Ministry of Trade & Industry
The Ministry of Trade and Industry assures there is absolutely no shortage of flour and neither is there any looming shortage. Responding directly to the possible shortage of flour as noted by Sheik Lisha Compnay Limited in the Sunday Express. … Continue reading
Mercedes-Benz recalls almost 1 million cars over faulty brakes
German carmaker Mercedes-Benz is recalling almost 1million older vehicles from around the world because of potential problems with their braking system. Over the weekend, the company said it would contact owners of the vehicles as their brakes may be affected … Continue reading
Industrial Court says, TSTT workers will stay on the job at least for now
The retrenchment at TSTT has hit a snag. The Industrial Court yesterday granted a stay of retrenchment. The company yesterday issued letters of retrenchment to 468 workers. The Communication Workers Union represents 376. President of the Industrial Court, Deborah Thomas … Continue reading
PM says preferred bidder for Petrotrin identified
Prime Minister Dr. Keith Rowley says his government has identified a preferred bidder for the Petrotrin Refinery. He says this is in the revised bidding process for the Petrotrin Refinery. The Prime Minister was at the time responding to a … Continue reading
Finance Minister tells of a windfall and how the money will be spent
Finance Minister Colm Imbert revealed that the 3 billion dollars requested in the supplemental appropriations is to be sourced from the consolidated funds. The Minister piloted a motion to adopt the report of the Standing Finance Committee. He told the … Continue reading
Energy Minister tells CNN of country’s ability to ease reliance on Russia for oil and gas
The Energy Minister says this country is ready to assist the world wean off dependence of Russian oil and gas. Minister Stuart Young made the statement during an interview with CNN’s Quest Means Business host, Richard Quest yesterday. Mr. Quest … Continue reading
Business owners are told do not negotiate with hackers
Supermarket owners are being warned against negotiating with cyber terrorists. The warning comes from the Cyber Security Incident Reporting Team of Trinidad and Tobago (TTCSIRT). This comes in the aftermath of a cyber security attack on supermarket chain Massy Stores … Continue reading
UDECOTT issues packages linked to POS General Hospital redevelopment
The Urban Development Corporation issues the first of 7 packages linked to the redevelopment of the central block of the Port of Spain General Hospital. Shanghai Construction by letter dated April 8th told the Urban Development Corporation that it had no … Continue reading
Members of the transport industry threaten protest as new fuel prices kick in
Motorists have started paying more for gasoline at the pumps. The new prices became effective at midnight. Premium gasoline has been increased by $1 per liter to $6.75. Super gasoline price is up by $1 to $5.97 per liter. The … Continue reading
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