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Wednesday, March 26, 2025

Business

Prime Minister Stuart Young, centre, meets with the Central Bank Governor and his officials, Bankers Association of T&T and heads of the commercial banks at the conference room Whitehall, Port-of-Spain yesterday.

Prime Minister Stuart Young, centre, meets with the Central Bank Governor and his officials, Bankers Association of T&T and heads of the commercial banks at the conference room Whitehall, Port-of-Spain yesterday.

ROGER JACOB

PM: Bankers receptive to talks on forex, fees

As Trinidad and To­ba­go faces on­go­ing for­eign ex­change short­ages, Prime Min­is­ter Stu­art Young re­vealed that bankers have been re­cep­tive to dis­cus­sions on for­eign ex­change ac­ces­si­bil­i­ty and so­lu­tions to in­creas­ing bank fees.

by

Radhica De Silva
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Axcel Finance, a consumer credit provider operating in Barbados, Antigua, St Lucia, and Grenada.  

Axcel Finance, a consumer credit provider operating in Barbados, Antigua, St Lucia, and Grenada.  

Term Finance acquires loans from Axcel

Term Fi­nance, a dig­i­tal lender in the Caribbean, has en­tered in­to a nov­el arrange­ment with Ax­cel Fi­nance, a con­sumer cred­it provider op­er­at­ing in Bar­ba­dos, An­tigua, St. Lu­cia, and Grena­da.  

by

Andrea Perez-Sobers
Thu Feb 20 2025

What does SurePay’s closure by Jamaica giant mean?

Last week, a What­sApp mes­sage was sent to me out­lin­ing that a pay­ment ser­vice provider named Sure­Pay had an­nounced that it was ter­mi­nat­ing its ser­vice in Trinidad and To­ba­go ef­fec­tive March 15, 2025.

by

Anthony Wilson
Thu Feb 20 2025
Minister of Trade and Industry Paula Gopee-Scoon is joined by TTMA president Roger Roach as she speaks with an employee during a tour of Creamery Novelties ice cream factory at ETeck Diamond Vale Business Park in Diego Martin, on Tuesday.

Minister of Trade and Industry Paula Gopee-Scoon is joined by TTMA president Roger Roach as she speaks with an employee during a tour of Creamery Novelties ice cream factory at ETeck Diamond Vale Business Park in Diego Martin, on Tuesday.

ABRAHAM DIAZ

Hadco’s ice cream now a net forex earner

A $15 mil­lion dol­lar in­vest­ment in its yo­gurt line con­tin­ues to reap healthy re­wards for Cream­ery Nov­el­fties Ltd. So much so, that the com­pa­ny is ol­low­ing sev­er­al lu­cra­tive leads for ex­port.

by

GEISHA KOWLESSAR-ALONZO
Wed Feb 19 2025

In year 10, Lost Tribe pushes Carnival fashion

But in its 10th an­niver­sary, the band is hop­ing to ex­pand the reach of its de­sign­ers by high­light­ing the im­pact of Car­ni­val on fash­ion while al­so find­ing a new lane of sus­tain­abil­i­ty for the band.

by

PETER CHRISTOPHER
Tue Feb 18 2025
Shopping cart with groceries

Shopping cart with groceries

ROBERTO CODALLO

Inflation remains under one per cent

The Cen­tral Sta­tis­ti­cal Of­fice (CSO) yes­ter­day re­port­ed that the rate of in­fla­tion in T&T for Jan­u­ary 2025 was 0.7 per cent.

by

Wed Feb 19 2025
Diamond Vale-born Natalie Lamming, who has opened two restaurants in New York City.

Diamond Vale-born Natalie Lamming, who has opened two restaurants in New York City.

Running a restaurant in NYC not easy, says George Lamming's Diamond Vale-born granddaughter

De­spite the chal­lenges that mi­grants are fac­ing in the Unit­ed States, Na­tal­ie Lam­ming, who was born in T&T and owns busi­ness­es in Brook­lyn, New York en­cour­ages T&T na­tion­als at home and those abroad to nev­er give up on their dreams of open­ing a busi­ness.

by

Raphael John-Lall
Tue Feb 18 2025

JMMB reports US$11.5M profit

The JMMB Group Lim­it­ed has re­port­ed a net prof­it of J$1.83 bil­lion ($78.5 mil­lion or US$11.5 mil­lion) for the nine-month pe­ri­od end­ed De­cem­ber 31, 2024.

by

Tue Feb 18 2025
Kent Western, chief executive officer, TSTT

Kent Western, chief executive officer, TSTT

Bmobile named fastest mobile network

Bmo­bile has been named Trinidad and To­ba­go’s fastest and best mo­bile net­work by Ook­la® for Q3 and Q4 2024.

by

Tue Feb 18 2025
Recently appointed CEO of T&T Trade and Investment Promotion Agency, Sekou Alleyne.

Recently appointed CEO of T&T Trade and Investment Promotion Agency, Sekou Alleyne.

Another BPO sets up in T&T

Ad­ven­sus, a Do­mini­can Re­pub­lic con­tact cen­tre and busi­ness process out­sourc­ing (BPO) ser­vices com­pa­ny, yes­ter­day an­nounced the launch of its US$6 mil­lion de­liv­ery fa­cil­i­ty in Long­denville, Ch­agua­nas.  

by

Andrea Perez-Sobers
Tue Feb 18 2025

Fewer women applied for PLEAs during COVID

The work­force in the en­er­gy sec­tor re­mains male dom­i­nat­ed, es­pe­cial­ly in front­line po­si­tions in ac­tiv­i­ties like op­er­a­tions, main­te­nance, drilling and con­struc­tion.

by

Tue Feb 18 2025
Stanley Wharton, CEO of Centre for Energy Resources and Digitalisation Technologies and a part-time lecturer in Prospect Evaluation and Petroleum Economics at the UWI, St Augustine.

Stanley Wharton, CEO of Centre for Energy Resources and Digitalisation Technologies and a part-time lecturer in Prospect Evaluation and Petroleum Economics at the UWI, St Augustine.

Lecturer: AI can help mature fields

Ar­ti­fi­cial In­tel­li­gence (AI) and dig­i­tal tech­nol­o­gy can sig­nif­i­cant­ly en­hance op­er­a­tions in ma­ture oil and gas basins, where re­sources are of­ten hard­er to find due to de­ple­tion and in­creased op­er­a­tional and in­fra­struc­tur­al chal­lenges.

by

Andrea Perez-Sobers
Sat Feb 15 2025

R-E-S-P-E-C-T the last will and testament

Aretha Franklin may have been the Queen of Soul, but she cer­tain­ly was not the Queen of record-keep­ing. Her fail­ure to en­sure that her last will and tes­ta­ment was prop­er­ly record­ed and safe­ly stored, re­sult­ed in a five-year long dis­pute over her vast es­tate among her chil­dren af­ter her death in 2018 .

by

Sun Feb 16 2025
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Phase II Pan Groove Steel Orchestra performs Pan and Soca during the National Panorama 2025 Large Conventional Semifinal at Queen’s Park Savannah, Port-of-Spain, last Sunday.

Phase II Pan Groove Steel Orchestra performs Pan and Soca during the National Panorama 2025 Large Conventional Semifinal at Queen’s Park Savannah, Port-of-Spain, last Sunday.

EDISON BOODOOSINGH

Steel bands striving for sustainability

by

Andrea Perez-Sobers
Wed Feb 19 2025

Failures in regulating investment-linked insurance products

by

Cecilia Melville
Thu Feb 20 2025
Digicel Group CEO, Marcelo Cataldo

Digicel Group CEO, Marcelo Cataldo

Digicel embarks on redundancy drive

by

Andrea Perez-Sobers
Thu Feb 20 2025
Axcel Finance, a consumer credit provider operating in Barbados, Antigua, St Lucia, and Grenada.  

Axcel Finance, a consumer credit provider operating in Barbados, Antigua, St Lucia, and Grenada.  

Term Finance acquires loans from Axcel

by

Andrea Perez-Sobers
Thu Feb 20 2025

What does SurePay’s closure by Jamaica giant mean?

by

Anthony Wilson
Thu Feb 20 2025
Minister of Trade and Industry Paula Gopee-Scoon is joined by TTMA president Roger Roach as she speaks with an employee during a tour of Creamery Novelties ice cream factory at ETeck Diamond Vale Business Park in Diego Martin, on Tuesday.

Minister of Trade and Industry Paula Gopee-Scoon is joined by TTMA president Roger Roach as she speaks with an employee during a tour of Creamery Novelties ice cream factory at ETeck Diamond Vale Business Park in Diego Martin, on Tuesday.

ABRAHAM DIAZ

Hadco’s ice cream now a net forex earner

by

GEISHA KOWLESSAR-ALONZO
Wed Feb 19 2025

In year 10, Lost Tribe pushes Carnival fashion

by

PETER CHRISTOPHER
Tue Feb 18 2025
Shopping cart with groceries

Shopping cart with groceries

ROBERTO CODALLO

Inflation remains under one per cent

by

Wed Feb 19 2025
Diamond Vale-born Natalie Lamming, who has opened two restaurants in New York City.

Diamond Vale-born Natalie Lamming, who has opened two restaurants in New York City.

Running a restaurant in NYC not easy, says George Lamming's Diamond Vale-born granddaughter

by

Raphael John-Lall
Tue Feb 18 2025

JMMB reports US$11.5M profit

by

Tue Feb 18 2025
Kent Western, chief executive officer, TSTT

Kent Western, chief executive officer, TSTT

Bmobile named fastest mobile network

by

Tue Feb 18 2025
Recently appointed CEO of T&T Trade and Investment Promotion Agency, Sekou Alleyne.

Recently appointed CEO of T&T Trade and Investment Promotion Agency, Sekou Alleyne.

Another BPO sets up in T&T

by

Andrea Perez-Sobers
Tue Feb 18 2025
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