Category Archives: Business News
Opposition raises red flag on plans to open up gas sector
The Opposition is raising a red flag over government plans to open up the gas sector. MP Anita Haynes says the People’s National Movement is promising competition in the market, but she wonders who will stand to benefit. She says … Continue reading
Gaming Amendment Bill is passed in the Parliament
The gambling Bill has been passed in the Lower House, without support from the Opposition bench. The Bill was passed last evening. Earlier the Finance Minister slammed as a waste of time the Opposition’s use of former Head of the … Continue reading
Former President of Travel Agents Association says he doesn’t see industry picking up before 2022
Former President of the Travel Agents Association for the Caribbean Wayne Rodriguez says the industry has been suffering under the weight of COVID-19. Speaking with Newscenter 5 this morning Mr. Rodriguez said the retrenchment at Caribbean Airlines will only compound … Continue reading
Caribbean Airlines retrenchment bill to be paid by taxpayers
The State will finance the retrenchment of 25 per cent of staff at Caribbean Airlines at an estimated cost of $110 million. This was revealed by Finance Minister Colm Imbert in the Senate yesterday. On Monday, the airline announced it … Continue reading
Labour Day warning from OWTU
The head of the Oilfield Workers Trade Union says the story surrounding the closure of Petrotrin is not yet over. On Saturday, Ancel Roget said the government has made a big mistake closing the refinery and collapsing its sale to … Continue reading
CoP calls on members of business community to be careful about their actions
The Police Commissioner calls on government officials and members of the business community to be careful about their actions. Without calling names, Commissioner Gary Griffith expressed disappointment with one parliamentarian whom he says wanted to hold a public demonstration. The … Continue reading
Ministry of National Security receives 400 vaccines donated from the US
United States government donates 400 vaccines to the Ministry of National Security. Confirmation of the development came yesterday from National Security Minister Fitzgerald Hinds. He says on Saturday the Ministry received the doses as a gift. He said the Ministry … Continue reading
Construction Sector reopening put on hold
Plans for the reopening of the Construction Sector are put on hold. Prime Minister Dr. Keith Rowley says not as yet. Speaking at Saturday’s COVID-19 media update, the Prime Minister said based on the infection numbers; it is not a … Continue reading
Government told to re-open the country
One economist tells government, yes re-open the country but not like it was in 2019. Dr. Roger Hosein tells Newscenter 5, that the former system did not work. He says less focus should be placed on the Energy Sector. Dr. … Continue reading
Manufacturing sector kicks off government’s new vaccination program
The manufacturing sector kicked off government’s new vaccination program at the Divali Nagar site. One day after the Prime Minister and his Minister of Health told of the Vaccinate and Operate Program, hundreds of people from within the Private Sector … Continue reading
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