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Category Archives: Business News

2 political parties call for extension of Property Tax Valuation Forms

The deadline for submission of Property Tax Valuation Forms looms but there is a call for it to be extended from 2 political parties. They are warning that as it stands citizens face criminal penalties for failing to submit before … Continue reading

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Economist says recent IMF and Moody’s report on T&T encourages him

Economist Dr. Roger Hosein says the recent International Monetary Fund and Moody’s report on Trinidad and Tobago encourage him. Over the weekend, the IMF in its release predicted a strong economic recovery for 2022. The IMF said real GDP growth in … Continue reading

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Economist concerned about the correlation between increased COVID cases, crime and lack of jobs

Economist Dr. Roger Hosein sees a correlation between increased COVID infections, crime and a lack of jobs and he is concerned. Dr. Hosein tells Newscenter 5 economic activity needs a boost.  He has some advice for government.  Dr. Hosein noted … Continue reading

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Explosion at building storing ink leads to fire at Point Lisas

An explosion at a building storing ink and ink products leads to a fire at the Point Lisas Industrial Estate. Reports say the incident occurred at Gemini Inks Caribbean Limited at Building F1 F2 Demarara Drive in Point Lisas at … Continue reading

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Safe Zones…so far so good, says one business chamber

With the ongoing operations of businesses under the cover of the Safe Zones, the head of the Confederation of Regional Business Chambers Vivek Charran says things appear to be going well. But he feels the ‘lime’ culture in Trinidad and … Continue reading

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Bar owners not expecting further lockdown

Bar owners are not expecting any further lockdown despite the increasing number of COVID infections. President Satesh Manosar says any person found in breach of the protocols should pay the consequences. However he says everyone should not have to suffer … Continue reading

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Restrictions lifted some bar owners are already predicting a financial turn around

Bar owners are seeing financial turn around in the future. This as full service resumed on Monday with alcohol being sold on the premises to patrons. Speaking with Newscenter 5 this morning, President of the representing association Satesh Manosar said … Continue reading

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OWTU says it’s time for benefits for ordinary citizens

The Oilfield Workers Trade Union says it is time for spread profits and benefits in the country to ordinary citizens. Speaking at a news conference yesterday Education Officer Ozzie Warwick said that is what the union attempted to achieve with … Continue reading

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Business operator and 42-year-old man issued fixed penalty notices for safe zone breaches

A 28-year-old Chinese business operator and a 42-year-old man are both issued fixed penalty notices for safe zone breaches in Princes Town. Police say during a safe zone inspection yesterday, officers visited 7 establishments and detected 2 breaches at one … Continue reading

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Full service at bars from today

The Bar Keepers and Operators Association says all systems have been put in place for the full resumption of service to the public today. President Sateesh Moonesar responded to the government’s easing of restrictions on the sale of alcohol at … Continue reading

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