Robert Sover­all will re­tire as man­ag­ing di­rec­tor of Re­pub­lic Fi­nan­cial Ser­vices Life In­sur­ance Com­pa­ny Ltd.

The Gov­ern­ment is push­ing ahead with dis­cus­sions on the de­vel­op­ment of the Man­akin/Cocuina cross-bor­der gas project, with En­er­gy Min­is­ter Dr Roodal Mooni­lal meet­ing bpTT and Na­tion­al Gas Com­pa­ny (NGC) of­fi­cials on Thurs­day.

Stu­art Fran­co, the new­ly ap­point­ed chief op­er­at­ing of­fi­cer of Pro­duc­tive Busi­ness So­lu­tions (PBS)'s East­ern Caribbean Clus­ter, says the com­pa­ny's full ac­qui­si­tion of Trinidad Sys­tems Ltd (TSL) had more than a cash in­vest­ment be­hind it.

an­drea.perez-sobers@guardian.co.tt

A $7 mil­lion in­vest­ment is pow­er­ing a pi­lot project aimed at putting methanol-fu­elled heavy-du­ty ve­hi­cles on Trinidad and To­ba­go’s roads, with Pro­man and Du­more En­ter­pris­es now look­ing to de­ter­mine whether the lo­cal­ly pro­duced fu­el can be­come a com­mer­cial­ly vi­able al­ter­na­tive for road trans­porta­tion.

Four 100 per cent methanol-pow­ered Geely trucks are now op­er­at­ing on Trinidad and To­ba­go’s roads, in what Pro­man and Du­more En­ter­pris­es say is the first de­ploy­ment of the ve­hi­cles out­side Chi­na.

Cra­paud Foot Restau­rant has closed its doors af­ter ap­prox­i­mate­ly 18 months in op­er­a­tion, with its own­ers now of­fer­ing the restau­rant, its brand, and the con­cept be­hind the Mu­cu­rapo Road, St James es­tab­lish­ment for sale.

Ma­jor­i­ty state-owned Telecom­mu­ni­ca­tions Ser­vices of Trinidad and To­ba­go (TSTT) has ex­pand­ed its in­ves­ti­ga­tion in­to for­mer act­ing CEO Keino Cox to in­clude al­le­ga­tions of pos­si­ble fraud or dis­hon­est con­duct, de­lib­er­ate con­ceal­ment of ma­te­r­i­al in­for­ma­tion, undis­closed con­flicts of in­ter­est and the mis­use or ex­cess of ex­ec­u­tive au­thor­i­ty in re­la­tion to Hum­ming­bird Hold­ings.

In­ter­est rates in the Unit­ed States are mov­ing up. On Fri­day Sep­tem­ber 11, the yield on the US 10-year Trea­sury bond closed at 4.96 per cent while the 30-year bond yield­ed 5.35 per cent.

The cur­rent cri­sis of mul­ti­lat­er­al­ism is caus­ing un­de­ni­able harm to the Caribbean Com­mu­ni­ty (Cari­com) bloc. This will like­ly be a com­mon re­frain among lead­ers of Cari­com mem­ber states when they gath­er in New York City in just a few days for the world's pre­mier sum­mit, which takes place un­der the aus­pices of the Unit­ed Na­tions (UN).

The Of­fice of Pro­cure­ment Reg­u­la­tion’s (OPR) An­nu­al Re­port Vol­ume 2 for Fis­cal Year 2024/2025 ex­pos­es a pub­lic pro­cure­ment ecosys­tem char­ac­terised by vast pub­lic ex­pen­di­ture along­side per­sis­tent ad­min­is­tra­tive non-com­pli­ance.

The strong fi­nan­cial health of the Na­tion­al In­sur­ance Board of Trinidad and To­ba­go (NIB) is cru­cial to every per­son liv­ing in this coun­try, main­ly be­cause the coun­try’s so­cial in­sur­ance provider touch­es al­most every house­hold.

The Trinidad and To­ba­go Coali­tion of Ser­vices In­dus­tries re­cent­ly marked a his­toric mile­stone with the spec­tac­u­lar re­launch of Na­tion­al Ser­vices Week (Sep­tem­ber 6-12), an­chor­ing our strate­gic vi­sion un­der the am­bi­tious ban­ner, “Map­ping Growth Be­yond En­er­gy: 50/50 by 2030.”