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
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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
Govt to spend $6b on covid19 relief (May 12, 2020)
Paula Lindo Tuesday 12 May 2020 Finance Minister Colm Imbert says government is projecting a total expenditure of $6 billion on covid19 relief and other needs between now and September. He said that as of Tuesday, $934 million has already been spent on dealing with the pandemic. He said the Ministry of Social Development and Family … 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
Essential businesses assist staff, customers (April 2, 2020)
Paula Lindo Thursday 2 April 2020 As essential businesses remain open following government’s stay-at-home regulations, some have begun to put measures in place to ensure the safety of their workers during their daily commute, even as business levels drop. Unipet CEO Dexter Riley said sales had decreased sharply once covid19 became an issue in TT, and … Continue reading
Arima Business Assn: Reduce rates, fuel prices (March 24, 2020)
Paula Lindo Tuesday 24 March 2020 The Arima Business Association has proposed additional measures to lessen the burden on businesses and employees affected by restrictions imposed during the covid19 pandemic. The first proposal is for the reduction of all commercial rates to residential/personal rates, as, the body said, commercial entities pay higher utilities, rates and services. … Continue reading
Cabo Star ferry in quarantine at PoS (March 19, 2020)
Paula Lindo Thursday 19 March 2020 A crew member from the Cabo Star passenger ferry was taken by ambulance for testing this morning by the Ministry of Health, after showing flu-like symptoms. The Port Authority said all passengers and crew on the ferry must stay on board until test results have been received. The boat is … Continue reading
Curepe taxis raise fares (March 7, 2020)
Paula Lindo Saturday 7 March 2020 Travellers between Curepe and Port of Spain via the highway were recently disgruntled to discover that the fare had been increased from $7 to $9. The change took effect on February 28. The Curepe/Tunapuna Taxi Drivers Business Group, via its Facebook page, said the reason for the increase is that … Continue reading
