Chair­man of the Con­fed­er­a­tion of Re­gion­al Busi­ness Cham­bers (CR­BC) Vivek Char­ran is hop­ing the new gov­ern­ment will find a bet­ter bal­ance in terms of for­eign ex­change al­lo­ca­tion.

Crime has reached “cri­sis lev­els” in T&T, not on­ly af­fect­ing the gen­er­al busi­ness en­vi­ron­ment in a neg­a­tive way, but al­so im­pact­ing core in­dus­tri­al re­la­tions is­sues, ac­cord­ing to the Em­ploy­ers’ Con­sul­ta­tive As­so­ci­a­tion (ECA).

At the end of last week’s BG View com­men­tary, which was head­lined, "Will Kam­la ex­pose 'forex dis­tri­b­u­tion car­tel’?" some as­pects of the Ex­change Con­trol Act were quot­ed, per­ti­nent to the abil­i­ty of the Gov­ern­ment to de­ter­mine the arrange­ments by which for­eign ex­change in T&T is bought and sold.

The Cen­tral Sta­tis­ti­cal Of­fice has not­ed a slight dip in the in­fla­tion rate, ac­cord­ing to the Con­sumer Price In­dex for the month of May 2025.

Wealth cre­ation at the grass­roots lev­el calls for an in­ten­tion­al, mea­sur­able strat­e­gy for ac­cess to cred­it in the Caribbean. W-PEARLS wealth cre­ation ra­tios for cred­it unions in­tro­duce a trans­for­ma­tive fo­cus be­yond con­sump­tion fi­nanc­ing to build­ing wealth. The pur­suit of wealth has been a pas­time of hu­man­i­ty since the be­gin­ning of civil­i­sa­tion. The cred­it union move­ment is a mod­ern-day grass­roots fi­nan­cial sec­tor that sup­ports in­clu­sion and ac­cess to cred­it across the Caribbean and the globe.

T&T is the largest ex­porter of am­mo­nia in the world. In 2024, the coun­try pro­duced more than four mil­lion tons and ex­port­ed al­most all of it, gen­er­at­ing sub­stan­tial for­eign ex­change in the process. Most am­mo­nia goes in­to the pro­duc­tion of fer­tilis­ers, though there are oth­er us­es.

The T&T Cham­ber of In­dus­try and Com­merce says boost­ing en­er­gy rev­enues, stim­u­lat­ing the non-en­er­gy sec­tor and small and medi­um-sized en­ter­pris­es (SMEs) along with deal­ing with the for­eign ex­change crunch are just some of the is­sues the pri­vate sec­tor group would like to see ad­dressed in to­day’s mid-year re­view bud­get.

Glob­al hos­pi­tal­i­ty provider Hilton, yes­ter­day an­nounced the sign­ing of Ele­phant Tree Re­sort and Vil­las To­ba­go, Ta­pes­try Col­lec­tion by Hilton, which is to be lo­cat­ed in the To­ba­go vil­lage of Rox­bor­ough.

Econ­o­mist Pro­fes­sor Roger Ho­sein says pol­i­cy in­ter­ven­tions are need­ed to pro­pel the econ­o­my.

Agos­ti­ni Ltd yes­ter­day an­nounced that it pro­pos­es to ac­quire shares in Pres­tige Hold­ings Ltd through a share swap of­fer, un­der which Pres­tige share­hold­ers will re­ceive one Agos­ti­ni share for every 4.8 PHL shares held.

No rea­son was giv­en when the Gov­ern­ment man­dat­ed the Cen­tral Bank to sus­pend the print­ing of the new $100 poly­mer ban­knote fea­tur­ing the coun­try’s up­dat­ed Coat of Arms.

Af­ter 60 years op­er­at­ing in T&T, Citibank re­mains con­fi­dent that this coun­try‘s mar­ket re­mains prof­itable for the bank, which is part of a multi­na­tion­al, fi­nan­cial ser­vices cor­po­ra­tion head­quar­tered in New York.