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In the global and local energy sector, there are many corruptions risks of which citizens, companies and Government should be aware and vigilant. These risks appear at different phases. They can emerge at the stage of licence and contract award to the company, the registration stage where beneficial ownership information of companies, the Government partners with, is disclosed. The risks and actors are varied. These include but are not limited to bribery, collusion, political capture, conflict of interest, use of shell companies and money laundering and terrorist financing. Mitigating all these risks can prove challenging. However, by democratising data and disclosing critical information countries can lessen these risks. The availability, accessibility and ability to use of data for citizens and anti-corruption agencies is key. The Extractive Industries Transparency Initiative (EITI) discloses data aimed at mitigating corruption.
This is the sixth edition of a seven-part series featuring secondary school students providing their thoughts on Environmental, Social, and Governance (ESG) issues as part of the HARCON National Youth Sustainability and ESG Pilot Project
Timed to coincide with the start of the long vacation for primary and secondary school children at the end of next week, WiLoan, the small loans division of the regional digital payments platform, WiPay, has embarked on a drive to deliver lending solutions to employees.
More than one month has elapsed since the June 4 announcement by NCB Financial Group (NCBFG) that it intended to raise US$300 million bond, but there has been near silence on the state of the international capital markets offer.
Professor of Economics, Roger Hosein believes that the United National Congress (UNC) Government’s first Mid-Year Budget Review is an attempt to stabilise the economy.
While Caribbean Airlines (CAL) has reintroduced late-night flights between T&T, effective July 1, Tobago hoteliers argue that the problem is not just about flight numbers—it’s about reliability, booking systems, coordination and greater connectivity.
Predator Oil & Gas Holdings’ planned acquisitions of Challenger Energy Group’s (CEG) operations in T&T has hit a delay.
It is important to invest in startup businesses to help them compete in a tech-driven economy.
Methanex Corporation, the Canadian methanol company that operates on the Point Lisas Industrial Estate, has completed the US$1.2billion acquisition of OCI Global’s international methanol business.
The Customs and Excise Division has finally reported to stakeholders that the Customs Border Control System (CBCS) or ASYCUDA, is operational, but some users may still be experiencing challenges with the clearance of their goods.
The Steel Workers’ Union (SWUTT) is calling on the Government to intervene in the drawn-out liquidation of the ArcelorMittal steel plant at Point Lisas, as the process is stalling payment of millions in severance to former employees.
Garry Olsen, an experienced property developer from upstate New York, first visited Tobago as part of an international hotel consultancy 40 years ago. In subsequent visits to the island, he spotted some flat land on the windward side of the island in the community of Roxborough and thought to himself that it would make a great development.
+1 (868) 225-4465
Ext: 5113, 5116, 5117
newsroom@guardian.co.tt