Fi­nance Min­is­ter Colm Im­bert yes­ter­day ad­mit­ted that Trinidad and To­ba­go will face a dilem­ma dur­ing the en­er­gy tran­si­tion.

The In­ter-Amer­i­can De­vel­op­ment Bank (IDB) says Caribbean coun­tries will re­ceive US$18.4 bil­lion in re­mit­tances, with a two per cent growth, sim­i­lar to that ob­served in 2023.

For the fi­nan­cial pe­ri­od from April 1, 2023 to March 31, 2024, the Dig­i­cel Group in­vest­ed US$7.4 mil­lion in en­vi­ron­men­tal, so­cial and gov­er­nance (ESG) projects in T&T.

Sabi­na Gomez, the re­cent­ly re­tired at the Min­istry of Labour, is ad­vis­ing com­pa­nies and busi­ness­es that if they fail to fol­low due process in In­dus­tri­al Re­la­tions, it can be very cost­ly for their busi­ness­es.

For the fast pay­ments sys­tem pro­posed by the Min­istry of Dig­i­tal Trans­for­ma­tion and the Cen­tral Bank to be suc­cess­ful, it must be se­cure, af­ford­able and in­ter-op­er­a­ble with all the play­ers in the mar­ket, says Ald­wyn Wayne, CEO and founder of the Wi­Pay Group, the re­gion’s largest pay­ment com­pa­ny.

Al­most ex­act­ly a year af­ter clos­ing its doors at its Mar­aval lo­ca­tion, Blue Star Din­er which falls un­der the Trot­ters Group, re­opened on Thurs­day, this time at the Fes­ti­val Plaza in Movi­etowne, Port-of-Spain.

All phish­ing links that have been re­port­ed to the TT Cy­ber Se­cu­ri­ty In­ci­dent Re­sponse Team (TTC­SIRT) have been suc­cess­ful­ly brought down, Na­tion­al Se­cu­ri­ty Min­is­ter Fitzger­ald Hinds said yes­ter­day.

While the T&T Scrap Iron Deal­ers’ As­so­ci­a­tion (TTSI­DA) con­tin­ue to call for the clo­sure of all scrap­yards run by for­eign­ers, Trade Min­is­ter Paula Gopee-Scoon said the deal­ers are the ones who brought in the for­eign­ers to T&T in the first place.

The lo­cal fab­ri­ca­tion phase for the Man­a­tee project was cel­e­brat­ed ear­li­er this week with a cer­e­mo­ni­al sim­u­la­tion of steel cut­ting at the Trinidad Off­shore Fab­ri­ca­tors Un­lim­it­ed (TOF­CO) yard, La Brea in­dus­tri­al es­tate.

Venezue­lan Vice Pres­i­dent and Min­is­ter of Pe­tro­le­um, Del­cy Ro­dríguez has re­port­ed that the ves­sel “Go Elec­tra” ar­rived in Venezuela to car­ry out ex­plo­ration of the un­der­wa­ter in­fra­struc­ture in the Drag­on field.

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.

Ex­ec­u­tive coach and lead­er­ship con­sul­tant, Max­ine At­tong, is con­fi­dent that her lat­est book on fi­nan­cial lit­er­a­cy will help cit­i­zens be­come more re­spon­si­ble in man­ag­ing their per­son­al fi­nances as T&T and the rest of the world cur­rent­ly face eco­nom­ic chal­lenges that are forc­ing cit­i­zens to change their spend­ing habits.