The Na­tion­al Flour Mills (NFM) has made a $25.5 mil­lion in­vest­ment in plant and equip­ment that will help the ma­jor­i­ty state-owned com­pa­ny man­u­fac­ture more prod­ucts, more quick­ly, while main­tain­ing qual­i­ty and sus­tain­abil­i­ty.

Re­pub­lic Bank is col­lab­o­rat­ing with the Caribbean Ex­port De­vel­op­ment Agency (Caribbean Ex­port) on a ca­pac­i­ty-build­ing ini­tia­tive to po­si­tion small busi­ness­es for ex­pand­ed suc­cess.

T&T's busi­ness lead­ers are large­ly op­ti­mistic and ea­ger to work with new Min­is­ter of Fi­nance, Vish­nu Dhan­paul, and are call­ing on him to ad­dress the thorny is­sue of for­eign ex­change avail­abil­i­ty.

Lo­cal, pub­licly list­ed, mul­ti­line group, Agos­ti­ni, is hop­ing that its re­brand can help grow re­gion­al busi­ness and by proxy help the growth of Caribbean brands.

For­mer cen­tral banker Mark Car­ney is Cana­da’s new prime min­is­ter af­ter be­ing sworn on Fri­day fol­low­ing the res­ig­na­tion of Justin Trudeau, who an­nounced his res­ig­na­tion in Jan­u­ary but re­mained prime min­is­ter un­til his suc­ces­sor was sworn in. Car­ney won last week­end’s con­test for the prime min­is­ter­ship by a land­slide, win­ning 85.9 per cent of the vote.

While the Cen­tral Bank cur­rent­ly holds around US$163 mil­lion in gold re­serves as at the end of De­cem­ber 2024, with mount­ing eco­nom­ic and geopo­lit­i­cal un­cer­tain­ties, T&T’s banker to the Gov­ern­ment and reg­u­la­tor of fi­nan­cial in­sti­tu­tions ought to se­ri­ous­ly con­sid­er ex­pand­ing these hold­ings, giv­en gold’s ef­fec­tive­ness as a hedge against eco­nom­ic in­sta­bil­i­ty, econ­o­mist Dr Valmik­ki Ar­joon told the Sun­day Busi­ness Guardian.

Pres­i­dent of the In­dus­tri­al Court Heather Seale is ad­vis­ing the coun­try’s em­ploy­ers and busi­ness lead­ers to un­der­stand the In­dus­tri­al Court’s pow­ers and pro­ce­dures so they can suc­cess­ful­ly nav­i­gate their mat­ters there.

In his ex­it in­ter­view on Thurs­day, Prime Min­is­ter Dr Kei­th Row­ley as­sured that this coun­try’s econ­o­my is on sol­id foot­ing. 

Sagi­cor Fi­nan­cial Com­pa­ny (SFC) yes­ter­day an­nounced that it was in­creas­ing its quar­ter­ly div­i­dend by 12.5 per cent from US$0.06 a share to US$.0.0675 (US$0.27 an­nu­alised div­i­dend).

chair­man of the Fair Trad­ing Com­mis­sion (FTC), Dr Ronald Ramkissoon, agree­ing that an­oth­er ce­ment sup­pli­er is need­ed in T&T as he ad­vo­cat­ed that com­pe­ti­tion is the best way to grow an econ­o­my.

In to­day’s fast-paced dig­i­tal land­scape, ar­ti­fi­cial in­tel­li­gence (AI) is no longer a fu­tur­is­tic con­cept but a present-day ne­ces­si­ty. Busi­ness­es that fail to in­te­grate AI in­to their mar­ket­ing strate­gies risk falling be­hind in an era when da­ta-dri­ven in­sights, au­toma­tion, and per­son­alised en­gage­ment de­fine suc­cess.

The first six months of the T&T Trade and In­vest­ment Pro­mo­tion Agency Ltd (TT­TI­PA) are not go­ing as smooth­ly as the Gov­ern­ment would have hoped, as sev­er­al work­ers are ag­griev­ed at the fi­nan­cial terms of their tran­si­tion to the new agency.