Paula Lindo Tuesday 19 May 2020 RURAL development and local government minister Kazim Hosein said the 14 municipal corporations continue to prepare for the upcoming rainy and hurricane seasons. Hosein said his ministry is collaborating with the health ministry and other stakeholders, including the disaster management units of the corporations, to develop additional strategies and precautionary … Continue reading
Filed under Entrepreneurship …
Regionally, credit unions look out for customers (May 14, 2020)
Paula Lindo Thursday 14 May 2020 The covid19 crisis has affected economies worldwide, leaving people without work in many cases due to stay-at-home measures, lockdowns and other measures to curb the spread of the novel coronavirus. Credit unions in the Caribbean have put several responses in place to cater to the needs of their members. During … Continue reading
Govt to spend $6b on covid19 relief (May 13, 2020)
Paula Lindo Wednesday 13 May 2020 PAULA LINDO AND NARISSA FRASER Finance Minister Colm Imbert said government is projecting a total expenditure of $6 billion on covid19 relief and other needs between now and September. He said $934 million had been spent to date on covid19 relief. He broke down spending by various ministries and departments, … Continue reading
$300m loans coming for micro/small/medium enterprises (May 12, 2020)
Paula Lindo Tuesday 12 May 2020 Finance Minister Colm Imbert said government will be providing support to the micro/small/medium-enterprise sector through a $300 million loan programme. He said government will subsidise all the interest and part of the collateral as well on these loans which will be provided through state bank First Citizens Bank, so that … Continue reading
ECLAC: Covid19 will make people poorer (April 24, 2020)
Paula Lindo Friday 24 April 2020 The Economic Commission for Latin America and the Caribbean (ECLAC) is calling for greater regional co-operation and co-ordination to address the socio-economic impacts of the covid19 pandemic. At a meeting of social development ministers earlier this week, ECLAC Executive Secretary Alicia Bárcena said it was the leaders responsible for social … Continue reading
Opposition Leader: Minimise economic fallout (April 23, 2020)
Paula Lindo Thursday 23 April 2020 The Opposition Leader is calling on government to immediately implement plans to restart businesses and the wider economy to minimise the upcoming economic fallout. She wants government to look at the UNC’s economic transformation plan, which was rolled out since the last budget. In a release, Kamla Persad-Bissessar said expenditure … Continue reading
OJTs to receive stipend (April 17, 2020)
Paula Lindo Friday 17 April 2020 On-The-Job (OJT) trainees will continue to receive their stipends, even as the programme remains suspended until April 30. The Ministry of Labour and Small Enterprise Development made the announcement on Wednesday. In a release, OJT Director Joann David said the decision to suspend the programme was made in accordance with … Continue reading
Self-employed can apply for social support (April 15, 2020)
Paula Lindo Wednesday 15 April 2020 The Ministry of Social Development and Family Services says self-employed people who are not registered with the National Insurance Board (NIB) can apply for its social support grants through that ministry. Over 4,000 applications have been received and are being processed. The food support, rental assistance and income support grants … Continue reading
Covid19 causes wedding cancellations (April 9, 2020)
Paula Lindo Thursday 9 April 2020 The banning of gatherings larger than five people has affected many planned events. Weddings, funerals, parties and many other types of events have had to be scaled down, postponed or cancelled outright. Birthday celebrations, christenings, prayers, boat rides, parties and fundraising events were all also affected by measures the Government … Continue reading
TTMA selects new board at virtual AGM (April 9, 2020)
Paula Lindo Thursday 9 April 2020 The TT Manufacturers Association appointed a new board at its 64th annual meeting, which was held virtually on April 8. President Franka Costelloe of Lifetime Solutions retained the post of president, while Ryan Lewis and Tricia Coosal of Coosal’s Group of Companies were appointed vice presidents and Dale Parson of … Continue reading