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Category Archives: Business News

Trade Minister says steps to be taken to counter inflation

Government is contemplating ways it can ease the burdens of rising food prices in the country. Trade Minister Paula Gopee Scoon yesterday said her Ministry would be looking at the possibility of removing VAT from some more items. She said … Continue reading

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Supermarket Association welcomes increased forex allocation but says it may be too late

The Supermarkets Association welcomes the increased foreign exchange allocation for food imports, but says it may be too late. President of the association Rajiv Diptee tells Newscenter 5 the worst is yet to come with importation cost.  A few days … Continue reading

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KFC welcomes back dine-in customers

Popular fast food chain Kentucky Fried Chicken welcomes back dine-in customers. Yesterday the company also announced an about turn on a decision to charge for condiments. Members of the public had expressed their outrage at this decision. A release from … Continue reading

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Today…the economy has reopened fully in T&T

Today marks the full reopening of the economy. Most of the COVID-19 restrictions are to be removed. According to Legal Notice #70, mask wearing is still mandatory in all public spaces with the exception for people engaging in sporting activities … Continue reading

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TSTT not yet in a position to discuss amount of workers to be retrenched as part of restructuring process

The Telecommunication Services of Trinidad and Tobago is not yet in a position to say just how many workers are to be sent home, as part of its restructuring process. The Communication Workers Union last Friday estimated that 573 TSTT … Continue reading

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HDC grilled over late audit reports

Staff shortages and a lack of funds are blamed for the Ministry of Housing and Urban Development not submitting audited reports since 2013. But this is not sitting well with Opposition Senator and Chairman of the Public Accounts Enterprise Committee … Continue reading

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Bogus cheques, a thorn in the side of Supermarkets Association

The Supermarkets Association says it may have to change the way it does business with the Ministry of Social Development. Supermarkets presently accept all government pension cheques and grants. Fraudulent activity related to the State grants over the last 2 … Continue reading

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Hopes dashed for scrap iron dealers

Members of the Scrap Iron Dealers Association feel the authorities have set them up and their hopes of owning materials from Petrotrin have been dashed. One week ago the association’s president Allan Ferguson said the Prime Minister had promised his … Continue reading

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Dwindling attendances at NCC shows over the years causes skepticism over ‘Taste of Carnival’

One Carnival stakeholder says the National Carnival Commission’s products have failed to attract patrons for years now. And 3 Canal’s Wendell Manwarren believes this is because the NCC is lacking vision as it relates to Carnival. Mr. Manwarren is going … Continue reading

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School feeding caterers get cut in income due to increase in food prices

Caterers attached to the Schools Feeding Program say they have been hit hard by the COVID-19 pandemic. They add, the increase in the price of produce has made matters worse. Program Manager at National Schools Dietary Services Limited Stacy Barran … Continue reading

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