In­creased sup­pli­er costs, NIS con­tri­bu­tions as well as for­eign ex­change con­straints took a ma­jor bite in Pres­tige Hold­ings prof­its for the six-month pe­ri­od end­ed May 31, 2026.

Prime Min­is­ter Kam­la Per­sad-Bisses­sar says the Gov­ern­ment will move to en­gage Nestlé of­fi­cials, fol­low­ing the multi­na­tion­al com­pa­ny an­nounc­ing this week that it is re­view­ing its op­er­a­tions in Trinidad and To­ba­go as part of a wider glob­al re­struc­tur­ing.

NCB Mer­chant Bank (T&T) said yes­ter­day the US$2 mil­lion that was seized by T&T Cus­toms and Ex­cise of­fi­cials last month is the prop­er­ty of the bank and “re­lates to a trans­ac­tion con­duct­ed in the or­di­nary course of busi­ness with an­oth­er reg­u­lat­ed fi­nan­cial in­sti­tu­tion.”

The Gov­ern­ment yes­ter­day in­di­cat­ed that it is seek­ing to bor­row up to US$750 mil­lion ($5.09 bil­lion) on the the in­ter­na­tion­al cap­i­tal mar­ket for "the fi­nanc­ing of gen­er­al de­vel­op­ment in Trinidad and To­ba­go or of re­pay­ing bor­row­ings ef­fect­ed for the gen­er­al de­vel­op­ment."

Lo­cal re­tail chain Presto has reaf­firmed its con­fi­dence in T&T's busi­ness en­vi­ron­ment, as it de­clined to com­ment on the ar­rest of Blue Wa­ters founder Do­minic Hadeed, 52, his wife Genevieve Hadeed, 42, and her aunt Star Sab­ga, 69.

Nestlé has be­gun a strate­gic re­view of its Trinidad and To­ba­go op­er­a­tions as part of a wider glob­al re­struc­tur­ing, with lo­cal em­ploy­ees be­ing told yes­ter­day the com­pa­ny is ex­plor­ing the pos­si­ble sale of its dairy and juices busi­ness .

For­mer prime min­is­ter Stu­art Young says the fir­ing of his client, one of three fired se­nior man­agers at the Trinidad and To­ba­go Elec­tric­i­ty Com­mis­sion (T&TEC), is noth­ing more than po­lit­i­cal vic­tim­i­sa­tion.  

An Ar­gen­tine lo­gis­tics com­pa­ny, Ax­ion­log, is bet­ting that what many busi­ness­es in Trinidad and To­ba­go throw away can be­come a valu­able ex­port.

Courts Op­ti­cal has en­tered in­to a char­i­ta­ble col­lab­o­ra­tion with Unit­ed Way Trinidad and To­ba­go.

Cen­tral Bank Gov­er­nor Lar­ry Howai has dis­missed con­cerns of an im­pend­ing for­eign ex­change crunch fol­low­ing Methanex Cor­po­ra­tion’s an­nounce­ment on Tues­day that it will in­def­i­nite­ly idle its Ti­tan methanol plant, re­veal­ing that a strate­gic di­ver­sion of nat­ur­al gas will ac­tu­al­ly boost state rev­enues.

At the post-Cab­i­net news con­fer­ence at the Red House on May 15, 2025, Prime Min­is­ter Kam­la Per­sad Bisses­sar man­dat­ed three of her min­is­ters—Min­is­ter of Fi­nance, Dav­en­dra­dath Tan­coo, Min­is­ter of Plan­ning, Eco­nom­ic Af­fairs and De­vel­op­ment and Min­is­ter in the Min­istry of Fi­nance, Dr. Kennedy Swarats­ingh and Min­is­ter of Trade, In­vest­ment and Tourism Satyaka­ma “Ka­ma” Ma­haraj—to pro­duce a re­port on forex dis­tri­b­u­tion and leak­ages over the past 10 years.

The ob­jec­tive of an ear­ly child­hood ed­u­ca­tion is to fo­cus on holis­tic de­vel­op­ment that lays a foun­da­tion on which chil­dren can build for fu­ture suc­cess­es, aca­d­e­m­ic and oth­er­wise.