Author: Andrew Gioannetti

CABINET has agreed to a shortlist of three bidders for the takeover of the former Petrotrin refinery in Pointe-a-Pierre, Finance Minister Colm Imbert announced in his 2024/2025 budget presentation. The bidders are CRO Consortium (a TT-based consortium, comprising DR Commodities Ltd, Chemie-Tech and Ocala), US-based iNca Energy LLC and Nigeria-based Dando PLC, selected by Scotia […]

MINISTER of Caricom and Foreign Affairs Dr Amery Browne may have ruffled some diplomatic feathers at the 79th session of the UN General Assembly in New York on September 29, when he stood in defence of women, children and aid workers being killed in Gaza by Israeli forces. Browne, who led a six-person delegation from […]

ENERGY Minister Stuart Young has toured a seismic survey vessel, PXGEO 2, used in offshore exploration projects to assess potential resources accurately. Young was joined by Adam Lowmass, senior vice-president and country chair of Shell TT for the tour on September 26. A release from the ministry on September 27 said the visit followed the […]

Energy Minister Stuart Young and permanent secretary Penelope Bradshaw-Niles have met with executives from Woodside Energy to discuss progress on the Calypso Project, according to a ministry release. The meeting was held at the ministry headoffice at the International Waterfront Complex, Port of Spain on September 25. The Calypso Project, one of Australian firm Woodside’s […]

BUSINESSWOMAN Tricia Coosal has been appointed as a director of Angostura Holdings and its subsidiaries, Angostura Ltd and Trinidad Distillers Ltd. Coosal’s appointment took effect on September 23 according to a notice on the TT Stock Exchange’s website. Coosal is the executive director of finance and administration at the Coosal’s Group of Companies and former […]

WITH the International Monetary Fund (IMF) projecting moderate growth of 2.4 per cent for TT, the American Chamber of Commerce of TT (AmchamTT) has called on the government to enact strategic reforms and investments to maintain this momentum. Amcham, in a lengthy document, offered dozens of suggestions to the Ministry of Finance, ahead of the […]

NATIONAL women’s under-17 attacker Orielle Martin scored an astonishing 11 goals, leading Bishop Anstey High (BAHS) to the summit of the Secondary Schools Football League Girls Championship East Zone standings, on September 22. BAHS enjoyed a 17-0 drubbing of El Dorado East Secondary to overtake Five Rivers Secondary in the six-team zonal standings. Emily Harrilal […]

THE Unit Trust Corporation (UTC) says it fully supports the recent TT Stock Exchange (TTSE) rule amendment about listing requirements for small and medium enterprises (SMEs). The amendment, which took effect on August 22, reduces the public float requirement for SMEs from 30 per cent to 20 per cent, allowing companies to retain a larger […]

ERIC Solis Marketing Ltd (Solis) posted its first unaudited quarterly results since releasing its initial public offering and becoming listed on the TT Stock Exchange’s small and medium-sized enterprises (SME) market. The statement for the first quarter of the financial year 2025, published on September 13, showed total assets at $23.7 million – a slight […]

ABOUT half of Republic Bank’s $200 million planned investment for micro, small and medium-sized enterprises (MSME) has already been disbursed to about 1,300 businesses. The bank has pledged $200 million to support SMEs by 2025 as part of its Power to Make a Difference corporate social responsibility programme. RBL vice-president Richard Sammy made the revelations […]