Category Archives: Business

Tobago businesses call for new attractions, better deals – ‘Reboot tourism sector’

Business Newsday 47 Minutes Ago FUN IN THE SUN: People enjoying themselves at Pigeon Point beach, Tobago. – File photo BAVINA SOOKDEO Nearly two months after an oil spill from a capsized boat that began on February 7, approximately 200 meters off the Cove Eco-Industrial Park’s coast, Tobago Business Day tried to gauge its economic […]

Audit profession at crossroads in fight for talent

Business Newsday 2 Hrs Ago ACCA logo – An ACCA report calls for a concerted effort to address longstanding talent challenges and reshape the dynamics to achieve sustained growth and impact. Major challenges that the audit profession faces in attracting and retaining talent are set out in the latest report by ACCA and Chartered Accountants […]

TTMB posts $141m in profits

Business Newsday Reporter 4 Hrs Ago Finance Minister shakes hands with TTMB chairman Patrick Ferreira during the bank’s launch at the Hyatt Regency, Port of Spain on March 20. At right is TTMB CEO Robert Green. – Photo by Ayanna Kinsale THE newly minted TT Mortgage Bank Ltd (TTMB), formerly the TT Mortgage Finance Company […]

Karlene Bailey appointed Massy VP

Business Ryan Hamilton-Davis 15 Hrs Ago Karlene Bailey. – Photo courtesy Massy Group THE reshuffle at the Massy Group continues, with the appointment of Karlene Bailey as vice president and group chief risk officer. The group announced the appointment pursuant to Section 64 (1)(b) of the TT Securities Act, through the TT Stock Exchange’s website […]

TTMA calls for solutions on ports, VAT

Business Ryan Hamilton-Davis An Hour Ago Pradeep Subrian, CEO at Blue Waters Products Ltd, left; Paula Gopee-Scoon, Minister of Trade and Industry; Roger Roach, newly-elected TTMA president and Navin Dookeran, CEO at Export Import Bank of TT at the TTMA leadership discussion and networking event at Hyatt Regency, Port of Spain on March 26. – […]

Guardian Holdings executes $450m loan

Business Ryan Hamilton-Davis 52 Minutes Ago Guardian Group building in Westmoorings. – File photo by Ayanna Kinsale GUARDIAN Holdings has announced the execution of a loan agreement for a maximum amount of $450 million. A note published pursuant to Section 64(1)(b) of the Securities Act, on the TT Stock Exchange’s website said the proceeds from […]

SMEs receive grants from Trade Ministry

Business Ryan Hamilton-Davis 6 Hrs Ago Minister of Trade and Industry Paula Gopee-Scoon. Photo courtesy MTI – Ministry of Trade A total of 40 businesses in the Small and Medium Enterprise (SME) sector received grants from the Ministry of Trade and Industry in a distribution ceremony at Nicholas Tower, Port of Spain, on March 25. […]

CariCRIS reaffirms NGC credit ratings

Business Shweta Sharma 2 Hrs Ago NGC head office in Point Lisas, Couva. FILE PHOTO – CARIBBEAN Information and Credit Rating Services Ltd (CariCRIS) has reaffirmed the credit ratings of CariAA on the regional and ttAA on the national rating scale to the US$400 million debt issue of the National Gas Company of TT Ltd […]

Young calls for energy security at CERAWeek

Business Andrew Gioannetti Wednesday 20 March 2024 Energy Minister Stuart Young. – File photo ENERGY minister Stuart Young ended day one of CERAWeek – a gathering of global leaders in the energy sector – on March 18, having discussed the provision and access of financing for developing countries, like Trinidad and Tobago, to attain energy […]

Opening a US bank account

Business Newsday Thursday 21 March 2024 DigiPreneur with Keron Rose – This week we delve into the nuances of opening a US bank account from TT. This guide aims to provide clarity and direction for individuals and businesses facing forex challenges locally. TT’s forex challenge The scarcity of US dollars in TT has significantly affected […]