Massy Hold­ings Ltd yes­ter­day de­clared af­ter-tax prof­it at­trib­ut­able t0 the own­ers of the par­ent of $322.26 mil­lion for the nine months end­ed June 30, 2026, a 35.6 per cent de­cline com­pared to the $500.47 mil­lion the group earned for the pri­or pe­ri­od.

Busi­ness lead­ers in cen­tral and south Trinidad yes­ter­day were unan­i­mous in their views that the re­fur­bish­ment and re­fash­ion­ing of the steel plant on the Point Lisas In­dus­tri­al Es­tate would be a sig­nif­i­cant boost to the econ­o­my of the re­gion, by gen­er­at­ing new jobs and for­eign ex­change.

In the ma­trix of na­tion­al de­vel­op­ment, a coun­try’s eco­nom­ic health is in­ex­tri­ca­bly linked to its po­lit­i­cal cli­mate. For a twin-is­land re­pub­lic like Trinidad and To­ba­go, nav­i­gat­ing a com­plex glob­al econ­o­my and striv­ing to di­ver­si­fy its ser­vices sec­tor, po­lit­i­cal sta­bil­i­ty is not a lux­u­ry—it is an eco­nom­ic ne­ces­si­ty. Over the re­cent past, our na­tion­al en­vi­ron­ment has ex­pe­ri­enced tur­bu­lent pe­ri­ods.

Ar­ti­fi­cial in­tel­li­gence, re­mote work and dig­i­tal busi­ness­es have cre­at­ed new op­por­tu­ni­ties for pro­fes­sion­als to earn an in­come from one coun­try while liv­ing in an­oth­er. In­stead of re­lo­cat­ing for work, more peo­ple are re­lo­cat­ing for lifestyle.

Caribbean busi­ness­es must stop con­fus­ing the adop­tion of new tech­nol­o­gy with dig­i­tal trans­for­ma­tion and fo­cus in­stead on whether tech­nol­o­gy is solv­ing re­al prob­lems, im­prov­ing lives and strength­en­ing eco­nom­ic com­pet­i­tive­ness.

As the Ja­maican ex­pe­ri­ence in 2025 with Hur­ri­cane Melis­sa shows, it is im­por­tant to have ef­fec­tive stormwa­ter man­age­ment sys­tems or else busi­ness­es and the econ­o­my can be af­fect­ed.

Ma­jor­i­ty state-owned First Cit­i­zens Group Fi­nan­cial Hold­ings yes­ter­day re­port­ed af­ter-tax prof­it of $645.98 mil­lion for the nine months end­ed June 30, 2026, a 10.2 per cent de­cline com­pared to the $719.6 mil­lion the bank­ing group earned for the same pe­ri­od last year.

The push to turn Trinidad’s wet­lands and oth­er nat­ur­al at­trac­tions in­to high-val­ue eco­tourism prod­ucts is fac­ing grow­ing con­cern among tourism op­er­a­tors and en­vi­ron­men­tal­ists: whether some new-style boat tours are putting en­ter­tain­ment ahead of con­ser­va­tion.

Whol­ly state-owned Na­tion­al Gas Com­pa­ny (NGC) is sig­nalling ma­jor de­vel­op­ments in Trinidad and To­ba­go’s en­er­gy sec­tor, with chair­man Ger­ald Ramdeen say­ing Prime Min­is­ter Kam­la Per­sad-Bisses­sar is ex­pect­ed to make sig­nif­i­cant an­nounce­ments with­in days.

The Court of Ap­peal of Trinidad and To­ba­go has ruled that Re­pub­lic Bank Ltd (RBL) ex­er­cised rea­son­able care in re­la­tion to a mat­ter in­volv­ing its for­mer em­ploy­ee Cur­tis Mathu­ra.

At a time when there is grow­ing con­cern about the lack of For­eign Di­rect In­vest­ment (FDI) in the Caribbean, a re­view of the com­mu­ni­ca­tion ap­proach is be­ing ad­vo­cat­ed by the head of a cli­mate fi­nance ad­vi­so­ry firm.

Ne­go­ti­a­tions be­tween the Gov­ern­ment and Hilton In­ter­na­tion­al Trinidad Lim­it­ed over the fu­ture of the ho­tel are at an ad­vanced stage, with line min­is­ter Sad­dam Ho­sein sig­nalling that an an­nounce­ment on the ho­tel’s fu­ture could come soon.