The Point Lisas In­dus­tri­al Port De­vel­op­ment Cor­po­ra­tion Lim­it­ed’s (PLIPDE­CO) prof­its for the three month pe­ri­od end­ing 30 June, 2020 was close to $70 mil­lion less than the fig­ure they post­ed for the same pe­ri­od last year, ac­cord­ing to the lat­est fi­nan­cial state­ments.

Al­though the Unit Trust Cor­po­ra­tion’s (UTC) Ca­lyp­so Mar­co In­dex Fund saw a to­tal com­pre­hen­sive in­come of $36 mil­lion for the three months end­ed 30 June 2020, these prof­its were dis­solved by the To­tal Com­pre­hen­sive loss of $121 mil­lion pre­vi­ous­ly re­port­ed for the three months end­ed 31 March 2020.

Bp Trinidad and To­ba­go (bpTT) has teamed up with Trinida­di­an stu­dent re­searcher at Face­book AI Lon­don Man­dela Patrick to of­fer a free on­line crash course in Ar­ti­fi­cial In­tel­li­gence (AI).

Guardian Me­dia’s first quar­ter prof­it was erod­ed by COVID-19, re­sult­ing in a loss of $6.8 mil­lion for the com­pa­ny in its sec­ond quar­ter end­ed June 30, ac­cord­ing to unau­dit­ed re­sults.

The Unit Trust Cor­po­ra­tion (UTC) has made a strong re­cov­ery from its $44.5 mil­lion loss caused by the coro­n­avirus pan­dem­ic in the first quar­ter of 2020, unau­dit­ed re­sults have stat­ed.

The gen­er­al elec­tions have come and gone and while at time of writ­ing the Unit­ed Na­tion­al Con­gress (UNC) was still dis­put­ing its out­come, the gen­er­al feel­ing is that the size of vic­to­ries are un­like­ly to be over­turned by re­counts.

An in­crease in drink­ing at home has helped An­gos­tu­ra off­set some of the fi­nan­cial dif­fi­cul­ties it ex­pe­ri­enced be­cause of the COVID-19 pan­dem­ic, the com­pa­ny’s unau­dit­ed fi­nan­cial re­sults for the first half of the year has shown.

En­er­gy ex­pert Dr Kr­ish­na Per­sad says while the re­cent au­dit of this coun­try’s oil re­serves has es­ti­mat­ed that our un­risked prospec­tive re­sources is three bil­lion bar­rels, he is a bit more op­ti­mistic. He has pre­dict­ed five bil­lion bar­rels.

Ac­cord­ing to the bank’s web­site which dis­played the new notes, the el­e­ments of the up­dat­ed de­sign are con­sis­tent with the $100 poly­mer notes that re­placed the old cot­ton-based notes which ceased to be le­gal ten­der on De­cem­ber 31, 2019.

The 2020 gen­er­al elec­tions are a mere four days away, and ac­cord­ing to the Guardian Me­dia Polls the state of the econ­o­my is one of the main dri­vers be­hind peo­ple’s de­ci­sion about which po­lit­i­cal par­ty they will elect come Mon­day.

This was the com­ment made the En­er­gy Min­is­ter Franklin Khan yes­ter­day as he re­spond­ed to re­cent de­vel­op­ments tak­ing place in BP the par­ent com­pa­ny of bpTT.

Trinidad and To­ba­go’s proven crude oil re­serves have in­creased by more than 20 mil­lion bar­rels ac­cord­ing to a re­cent au­dit done by Nether­land, Sewell and As­so­ciates Inc, En­er­gy Min­is­ter Franklin Khan has re­vealed.