Trinidad & Tobago News

(Trinidad Guardian) The TTPS will not charge anyone for the death of Jayden Lalchan citing insufficient evidence to prove bullying played a role in his death.

(Trinidad Express) There will be no devaluing of the TT dollar as this will not increase the availability of foreign exchange in the country.

(Trinidad Guardian) The International Monetary Fund (IMF) said on Friday that T&T’s foreign exchange restrictions are not consistent with the Fund’s Articles of Agreement.

(Trinidad Guardian) RBC is insisting that recent foreign exchange limits announced to its credit cards are necessary in the face of a steady increase foreign currency transactions but no corresponding increase in supply.

(Trinidad Express) RBC has announced a 66% reduction in the foreign exchange limits for its personal and business banking credit cards, effective December 1.

 (Trinidad Express) Why is the conduct of Finance Minister Colm Imbert not also being investigated over a $2.5 billion understatement in this country’s 2023 public financial records?

(Trinidad Express) A police officer and a suspected criminal were fatally shot, and another police officer was injured in Guapo, Point Fortin in the early hours of yesterday.

(Trinidad Guardian)  Local conglomerate, ANSA McAL, on Tuesday announced the acquisition of the US-based chlor-alkali producer Bleachtech LLC via its US subsidiary ANSA Chemicals US LLC, for a purchase price of US$327 million.

(Trinidad Guardian) Two weeks after Cunupia businessman Suvesh Ramnarine was bundled into a black SUV by men posing as police officers, he has been released safe and unharmed.

(Trinidad Express) The Bankers Asso-ciation of Trinidad & Tobago (BATT) says it is “deeply concerned” about the ongoing foreign exchange (forex) challenges facing the country.

(Trinidad Guardian) Court of Appeal Judge Mark Mohammed is encouraging citizens to not be afraid to speak out when they witness misconduct. 

(Trinidad Guardian) Five foreign used-car dealerships have been ordered to pay almost $24 million in compensation to ANSA Bank for their roles in a fraudulent loan conspiracy.

(Trinidad Guardian) An Exploration and Production (Public Petroleum Rights) Licence for the Rio Claro Block situated in the Wards of Charuma, Cocal, Ortoire and Guayaguayare has been granted to NGC E&P Investments Limited and Primera Oil and Gas Limited (a wholly owned subsidiary of Touchstone Exploration Inc.)

(Trinidad Guardian) Minister of Finance Colm Imbert has announced the forex window at the EximBank for essential imports, created during the Covid-19 pandemic, has been resumed in a restructured format.

(Trinidad Guardian) The reduction of the US-dollar spending limit on credit cards issued by local commercial banks continues to be a major problem as it is putting a sleeper hold on local businesses and also forcing them to use several credit cards to import goods.

(Trinidad Guardian) Shell Trinidad and Tobago Limited has launched a composting initiative, “Platform to Plant,” to transform food waste from its Poinsettia offshore platform into compost.

(Trinidad Guardian) A business group has denounced as unfair claims by criminologist Dr Daurius Figueira that an upsurge in extortions in central Trinidad is linked to businesses that are using drug money to fund their operations.

(Trinidad Guardian) Finance Minister Colm Imbert has said he will look ” very carefully” into regulating access to forex distributed by private commercial banks.

(Trinidad Guardian) Caribbean Airlines (CAL) is on board with Finance Minister Colm Imbert’s approved four per cent wage increase offer to pilots, but the union representing them isn’t ready to fly with all of the proposal just yet.

(Trinidad Guardian) A father and son were killed, and another son was fighting for his life at hospital last night, after gunmen attacked the relatives in Valencia on Wednesday night.