Pro­fes­sor of Wa­ter Re­sources Man­age­ment and In­fra­struc­ture at the Roy­al Agri­cul­tur­al Uni­ver­si­ty (RAU), Unit­ed King­dom, Ki­ran To­ta-Ma­haraj be­lieves that the new Gov­ern­ment’s plan to get rid of the for­mer ad­min­is­tra­tion’s plan for Wa­ter and Sew­er­age Au­thor­i­ty (WASA) is a “bold step.”

For the week, some 1,746,516 shares trad­ed on the First Tier Mar­ket, a de­crease of 67.72 per cent on the pre­vi­ous week’s to­tal of 5,410,930 shares cross­ing the floor.

An un­der­per­form­ing T&T stock mar­ket has led to the Unit Trust Cor­po­ra­tion (UTC) re­port­ing a de­crease of $38 mil­lion or 67 per cent for 2024, re­flect­ing a struc­tur­al is­sue for do­mes­tic stocks and the need to have more com­pa­nies on the mar­ket, says the UTC’s ex­ec­u­tive di­rec­tor Nigel Ed­wards.

Record lev­els of sar­gas­sum sea­weed are im­pact­ing the Caribbean and west­ern At­lantic, with the in­flux lead­ing to a va­ri­ety of con­se­quences, in­clud­ing tourism dis­rup­tion, health risks, and eco­nom­ic im­pacts.

The Cen­tral Sta­tis­ti­cal Of­fice (CSO) re­port­ed yes­ter­day that there was an in­crease in the rate of in­fla­tion in April 2025.

Re­pub­lic Fi­nan­cial Hold­ings Lim­it­ed (RFHL) is seek­ing to buy all re­main­ing shares of Cay­man Na­tion­al.

The Min­is­ter of Trade, In­vest­ment and Tourism Satyaka­ma Ma­haraj met with the Trinidad and To­ba­go Cham­ber of In­dus­try and Com­merce (TTCIC) on Thurs­day.

Unilever Caribbean Lim­it­ed (UCL) has an­nounced the ap­point­ment of Ginelle Lam­bie as the man­ag­ing di­rec­tor of the com­pa­ny, ef­fec­tive May 14, 2025.

The Unit Trust Cor­po­ra­tion (UTC) has seen a sig­nif­i­cant drop in in­come in its 2024 fi­nan­cial year, but its lead­er­ship has as­sured unithold­ers that the mu­tu­al fund in­sti­tu­tion is still on strong foot­ing.

For­mer Cen­tral Bank gov­er­nor, Win­ston Dook­er­an, who al­so served as Min­is­ter of Fi­nance fore­sees that the rapid­ly chang­ing geo-po­lit­i­cal en­vi­ron­ment will in­flu­ence the di­rec­tion that the new Gov­ern­ment takes in re­la­tion to the econ­o­my as well as for­eign pol­i­cy.

In ad­di­tion to grow­ing its foot­print lo­cal­ly, fran­chise restau­rant op­er­a­tor, Pres­tige Hold­ings Ltd (PHL), has ramped up its ex­pan­sion plans to oth­er re­gion­al mar­kets in Ja­maica and Guyana, which ju­ris­dic­tions of­fer rel­a­tive­ly eas­i­er ac­cess to for­eign ex­change. To­day, we will re­view PHL’s re­sults for the year end­ed No­vem­ber 30, 2024.

T&T ranks among largest car­bon diox­ide (CO2) emit­ters per capi­ta in the world. This is prin­ci­pal­ly at­trib­uted to the con­cen­tra­tion of heavy in­dus­tries op­er­at­ing with­in the na­tion and its com­par­a­tive­ly small pop­u­la­tion size. Nev­er­the­less, the coun­try’s ab­solute con­tri­bu­tion to glob­al car­bon diox­ide emis­sions re­mains be­low 0.1 per cent, much small­er than the ma­jor emit­ters such as the Chi­na (32 per cent), USA (12 per cent) and In­dia (7 per cent).