Tag Archives: Business

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 […]

Gloomy mood drowns IMF report

Business Newsday 3 Days Ago Finance Minister Colm Imbert – File photo BETWEEN February 26 and March 8, staff of the International Monetary Fund (IMF) visited these shores and, at the end of their mission, made upbeat findings. “For the first time in a decade, TT is undergoing a gradual and sustained economic recovery,” the […]

Low production, climate change leave cocoa industry in steady decline

Business Newsday 3 Days Ago Cocoa pods in the sun just after harvesting. – BAVINA SOOKDEO Although Trinidad and Tobago’s Trinitario cocoa is globally renowned and has a high demand around the world, Christopher Paul, president of the Montserrat Cocoa Farmers Cooperative Society Ltd (MCF), says the current state of the cocoa industry is “not […]

Geologists probe Cascadoux vents – What do mud volcano eruptions mean?

Business Newsday 3 Days Ago Cone with mud running out from the top in 2007. Photo courtesy GSTT On January 11, at approximately 5 pm, the Cascadoux Mud Volcano at Cascadoux Trace, Mayaro, began erupting. Residents reported that hot mud was shooting into the air, as high as 15 feet. This ceased later that same […]

KFC digital kiosks – Making great taste better

Business Ryan Hamilton-Davis 2 Days Ago KFC employees Faria Khan and Kayla Wright, pose infront of the newly installed digital kiosks at the South Park, San Fernando branch. – Photo by Lincoln Holder KFC is known worldwide for its great-tasting chicken, made with a secret recipe of 11 herbs and spices. The global conglomerate, also […]

Environmentalists tell public: Pursue concerns in court

Business Ryan Hamilton-Davis 2 Days Ago EU Ambassador to TT Peter Cavendish – Photo by Jeff K. Mayers PEOPLE can only get justice for environmental matters if it is pursued in the court, said Sunil Sookraj, the chairman of the Environmental Commission of TT, at the launch of the EnviroRightsTT inception workshop at the Belmont […]

WITCO profits grow by 5.9%

Business Shweta Sharma 10 Hrs Ago West Indian Tobacco Company (WITCO), Mt D’or, Champs Fleurs – Photo by Ayanna Kinsale The West Indian Tobacco Company Ltd (WITCO) recorded a profit of $277.1 million for the year ended December 31, 2023, reflecting a 5.9 per cent or $15.5 million increase over the previous financial year. In […]

Ansa McAl cops EuroCHAMTT award

Business Shweta Sharma 29 Minutes Ago EuroCHAMTT executive assistant, Denise Speck, left; EU ambassador Peter Cavendish; Ansa McAl’s chief legal and external affairs officer, Frances Bain-Cumberbatch; Ansa McAl corporate sustainability specialist, Natalie Bibby; Ansa McAl head of culture and communication, Sarah Inglefield and EuroCHAMTT president and chair of proceedings Dr Axel Kravatzky. – Photo courtesy […]

Giving ‘at-risk’ youths a second chance

Business Newsday Yesterday Students from Laventille Junior Life Center perform during Servol’s career fair in 2019. FILE PHOTO Diana Mahabir-Wyatt When discussing employment issues with a human resource (HR) colleague recently, he brought up the ongoing discussion about youth violence in and out of schools. His organisation has been asked by non-governmental organisations and community-based […]

Weed out the bad bosses

Business Newsday 19 Hrs Ago BAD BOSSES: A furious team leader scolds employees, creating a hostile work environment. – Photo courtesy Freepik Organisations can improve staff retention by making sure they promote and train the right managers. Staff retention is an evergreen concern for any organisation, but even more so in a tight talent market. […]