Author: Andrew Gioannetti

THE Chaguanas Chamber of Commerce wants the Minister of Finance to extend the property tax amnesty deadline by a week because of administrative disruptions expected from the state of emergency (SoE) imposed on December 30. “With the declaration of the state of emergency (SoE) and the Ministry of Finance’s half-day closure, there is growing concern […]

STATE-CONTROLLED  investment company National Enterprises Ltd (NEL) has reported a net loss of $348.7 million for the financial year ended September 30, 2024. While substantial, this represents a 23 per cent improvement from the $455.1 million loss recorded in 2023. Chairman Ingrid Lashley celebrated the progress amid difficult conditions. “This $106.4 million variance underscores our […]

Three inmates at the Port of Spain prison have been charged with having prohibited items in their cells following searches by police and prison officers. On November 26 and 27, a co-ordinated search by prison and police officers uncovered a range of illegal items including two cellphones. Officers also found a quantity of marijuana, cigarettes, […]

Police seized three guns and several rounds of ammunition during operations across multiple divisions between December 20 and the early hours of December 21. In an anti-crime exercise in Morvant, officers from various units, including the Inter-Agency Task Force and the K9 Unit, were on patrol along Cipriani Avenue when they spotted a man holding […]

THE National Gas Company of TT (NGC) has reported achieving “100 per cent compliance” with the statutory filing requirements under the Integrity in Public Life Act. The company’s chairman, Joseph Ishmael Khan, received a certificate from the Integrity Commission on December 19 recognising the company’s adherence to the Act. NGC’s board of directors completed and […]

TOBAGO House of Assembly (THA) Minority Leader Kelvon Morris has criticised the Tobago Regional Health Authority (TRHA) for allocating a reported $20 million to purchase the Palms Villas Resort in Signal Hill, Tobago. Speaking at a press conference on December 20, Morris described the expenditure as reckless and misaligned with Tobago’s healthcare needs. He questioned […]

TRIBUTES continue to flow for minister in the Ministry of Education and MP for D’Abadie/O’Meara Lisa Morris-Julian and two of her children, Xianne and Jesiah, who died in a house fire in the early hours of December 16. Morris-Julian’s command of respect across the region was evident from the chorus of condolences from the Caricom […]

PERENCO TT Ltd has completed its acquisition of several offshore gas fields and associated production facilities from bpTT, marking a significant expansion of its operations in the country’s energy sector. In an Energy Now report, Perenco said the acquired assets, collectively referred to as the CAFI asset, include the Cashima, Amherstia, Flamboyant and Immortelle offshore […]

THE Estate Police Association (EPA) has accepted a four per cent wage increase for two bargaining periods spanning five years from the Airports Authority of Trinidad and Tobago (AATT). A statement from the Airports Authority on December 14, said the agreements concluded wage negotiations for a five the period of 2015-2017 and 2018-2020. The agreement, […]

TOUCHSTONE Exploration (Trinidad) has agreed to acquire Shell Trinidad Central Block Ltd (STCBL) from BG Overseas Holdings for US$23 million in cash, pending regulatory approval. In a release published on its website on December 13, Touchstone said the acquisition involves purchasing all of STCBL’s share capital, giving Touchstone a 65 per cent working interest in […]