The T&T Man­u­fac­tur­ers’ As­so­ci­a­tion (TTMA) con­tin­ues to be the voice of the man­u­fac­tur­ing sec­tor, lead­ing the way to­ward di­ver­si­fi­ca­tion of the econ­o­my, earn­ing much need­ed for­eign ex­change and cham­pi­oning the caus­es of its mem­ber­ship to se­cure ex­port mar­kets and en­hance the ease of do­ing busi­ness.

The Unit Trust Cor­po­ra­tion (UTC) yes­ter­day re­port­ed net in­come of $5.46 mil­lion for the nine months end­ed Sep­tem­ber 30, 2024, which was a re­duc­tion of 89.4 per cent com­pared with the $51.68 mil­lion the mu­tu­al fund com­pa­ny earned for the same pe­ri­od in 2023.

Massy Hold­ings Ltd yes­ter­day re­port­ed af­ter-tax prof­its of $712.43 mil­lion for the fi­nan­cial year end­ed Sep­tem­ber 30, 2024, which was 12.36 per cent less than the $812.93 mil­lion the group earned in 2023.

The Sen­ate yes­ter­day re­ject­ed a mo­tion by op­po­si­tion sen­a­tor Wade Mark, which sought to com­pel the Gov­ern­ment to dis­close all the doc­u­ments re­lat­ed to the agree­ment be­tween Colo­nial Life In­sur­ance Com­pa­ny (Cli­co) and Con­sol­i­dat­ed En­er­gy Ltd (CEL)—owned by the Pro­man Group—re­gard­ing the sale of Methanol Hold­ings In­ter­na­tion­al Ltd (MHIL) shares.

Robert Wick­ham has been ap­point­ed to the Re­pub­lic Fi­nan­cial Hold­ings Ltd’s (RFHL) board of di­rec­tors.

The whol­ly state-owned Na­tion­al Gas Com­pa­ny­of T&T (NGC) will con­tin­ue to pro­ceed with the Drag­on gas deal, while mon­i­tor­ing the geopo­lit­i­cal con­di­tions.

The Cen­tral Bank is in the process of rolling out a mo­bile-to-mo­bile, fast pay­ments sys­tem along the lines of In­dia’s Uni­fied Pay­ments In­ter­face (UPI).

Eu­rope is a thriv­ing mar­ket that con­tin­ues to beck­on more and more lo­cal com­pa­nies to ex­port their goods and ser­vices to that part of the world.

While the Prime Min­is­ter and oth­er se­nior of­fi­cials in the pub­lic sec­tor are en­ti­tled to in­creased re­mu­ner­a­tion pack­ages, their per­for­mance should be mea­sured against sim­i­lar met­rics used for their coun­ter­parts in the pri­vate sec­tor.

Be­ing an ex­port­ing man­u­fac­tur­ing com­pa­ny in­volves a lot of risk and toil, but it be­comes re­ward­ing when the busi­ness can now be seen as a for­eign ex­change earn­er.

The Na­tion­al In­sur­ance Board of T&T (NIBTT) paid out $6.5 bil­lion in ben­e­fits, while col­lect­ing $4.74 bil­lion in con­tri­bu­tion in­come in its fi­nan­cial year end­ed June 30 2024, Min­is­ter of Fi­nance, Colm Im­bert, told Par­lia­ment yes­ter­day.

The In­land Rev­enue di­vi­sion is per­form­ing poor­ly in key ar­eas in­clud­ing cus­tomer ser­vice.