Don’t chase fast mon­ey. That was the warn­ing is­sued to bud­ding in­vestors dur­ing a we­bi­nar host­ed by the Trinidad and To­ba­go Stock Ex­change last week en­ti­tled “Nav­i­gat­ing the Lo­cal Stock Mar­ket: A Be­gin­ner’s Guide to In­vest­ing with the TTSE & JMMB.”

The de­vel­op­ers of a 46.27-acre prop­er­ty on an en­vi­ron­men­tal­ly sen­si­tive es­tate at Kil­gwyn Bay in south-west To­ba­go are plan­ning to con­struct an all-in­clu­sive, 500-room, five-star lux­u­ry re­sort, just me­tres away from the run­way at the ANR Robin­son In­ter­na­tion­al Air­port.

The Unit Trust Cor­po­ra­tion on Thurs­day launched UTC Glob­al Bal­anced Fund Ltd (UTC GBFL), the first re­tail mu­tu­al fund in the East­ern Caribbean Cur­ren­cy Union (EC­CU).

First­Caribbean In­ter­na­tion­al Bank Ltd yes­ter­day an­nounced that the sale of its busi­ness in Grena­da to Grena­da Co-op­er­a­tive Bank Ltd had re­ceived ap­proval from the East­ern Caribbean Cen­tral Bank.

Wi­Pay, the lead­ing pay­ment so­lu­tion in the Caribbean, on Tues­day an­nounced the in­tro­duc­tion of Wi­Pay Re­mit­tance dur­ing an of­fi­cial launch event in Grena­da. The com­pa­ny plans to un­veil the ser­vice in T&T lat­er this year.

One of the wor­ry­ing trends for the coun­try is that over the past decade con­sump­tion of elec­tric­i­ty in the res­i­den­tial sec­tor has in­creased by 31 per cent, while in the in­dus­tri­al sec­tor it de­creased by 20 per cent, says Dr Thack­wray Dri­ver, Pres­i­dent and CEO, En­er­gy Cham­ber of T&T.

ANSA McAL is look­ing to be­come a group that gen­er­ates prof­it be­fore tax of $2 bil­lion by 2027 and has es­tab­lished 2X as the in­ter­nal ral­ly­ing cry for the plan.

The head of the ar­ti­fi­cial in­tel­li­gence com­pa­ny that makes Chat­G­PT told Con­gress on Tues­day that gov­ern­ment in­ter­ven­tion will be crit­i­cal to mit­i­gat­ing the risks of in­creas­ing­ly pow­er­ful AI sys­tems.

In the last Sun­day Busi­ness Guardian, Raphael John-Lall pro­vid­ed an overview of the im­pact that crime is hav­ing on the do­mes­tic busi­ness com­mu­ni­ty. He cit­ed re­search and analy­sis con­duct­ed by two econ­o­mists at the St Au­gus­tine cam­pus of the Uni­ver­si­ty of the West In­dies and spoke with the co­or­di­na­tor of a con­fer­a­tion of busi­ness groups.

T&T needs to have a leg­isla­tive frame­work in place be­fore wind tur­bines can be in­tro­duced Min­is­ter of Pub­lic Util­i­ties, Mar­vin Gon­za­les said yes­ter­day.

KFC T&T is do­ing its part to al­le­vi­ate hunger in this coun­try through the re­launch of its Har­vest Pro­gramme which took place at Liv­ing Wa­ter, Fred­er­ick Street, Port-of-Spain on Tues­day.

John Ker­ry, for­mer US Sec­re­tary of State and cur­rent US Spe­cial En­voy on Cli­mate Change mat­ters, told the world’s Am­bas­sadors at a meet­ing in Wash­ing­ton, on May 10, that “there is no way” of keep­ing the rise in glob­al tem­per­a­tures to 1.5 de­grees Cel­sius un­less CO2 emis­sions are dras­ti­cal­ly re­duced.