The new board of ma­jor­i­ty State-owned Telecom­mu­ni­ca­tions Ser­vices of T&T (TSTT) was in­stalled yes­ter­day, sources told Guardian Me­dia.

Mil­lions of dol­lars in pub­lic funds could be saved through the adop­tion of dig­i­tal con­struc­tion strate­gies.

For­mer Plan­ning Min­is­ter dur­ing the Peo­ple’s Part­ner­ship Gov­ern­ment, Dr Bhoe Tewarie, is hop­ing T&T can man­age its re­la­tion­ship with Venezuela, giv­en the po­ten­tial for trade and busi­ness ties in the fu­ture.

In 2024, there were four ma­jor pro­duc­ers of nat­ur­al gas in T&T, name­ly bpTT, Shell, EOG Re­sources and Wood­side. To­geth­er these com­pa­nies pro­duce about 95 per cent of the coun­try’s nat­ur­al gas. Al­most all of this comes from off­shore fields pre­dom­i­nant­ly off the east of Trinidad and north coasts of T&T.

Sco­tia­bank Trinidad and To­ba­go yes­ter­day re­port­ed prof­it af­ter tax of $340 mil­lion for the six months end­ed April 30 2025.  

The Cen­tral Bank of Trinidad and To­ba­go said yes­ter­day it did not stop the Au­di­tor Gen­er­al from au­dit­ing the ac­counts of the coun­try’s fi­nan­cial reg­u­la­tor.

The Fourth In­ter­na­tion­al Con­fer­ence on Fi­nanc­ing for De­vel­op­ment (FFD4) from June 30 to Ju­ly 3, in Spain, ar­rives at a mo­ment of reck­on­ing.

Just about a week af­ter Shell con­firmed it had tak­en a Fi­nal In­vest­ment De­ci­sion (FID) on the Aphrodite project, Sub­sea7 has an­nounced that the com­pa­ny has been award­ed a size­able con­tract by Shell for the un­de­vel­oped nat­ur­al gas field in the East Coast Ma­rine Area (EC­MA) in T&T.

That fact was dis­closed by the Cen­tral Bank on Fri­day, in re­sponse to a re­quest for in­for­ma­tion from the fi­nan­cial reg­u­la­tor and the Gov­ern­ment’s banker to com­ments by Prime Min­is­ter Kam­la Per­sad-Bisses­sar last Thurs­day. She said that for a sec­ond year the Cen­tral Bank did not co­op­er­ate with the Au­di­tor Gen­er­al’s re­quest for in­for­ma­tion.

Pri­vate sec­tor health­care provider, Med­corp, and leg­endary bats­man Bri­an Lara yes­ter­day said the name of The Bri­an Lara Can­cer Treat­ment Cen­tre has not changed.

The adop­tion of elec­tric ve­hi­cles in this coun­try has sig­nif­i­cant­ly grown and one rea­son is that elec­tri­cal charg­ers and parts are now ex­empt­ed from pay­ing cus­toms du­ty, val­ue-added tax and on­line pur­chase tax. Those mea­sures came in­to ef­fect in Jan­u­ary.

While the Health Min­istry con­tin­ues to mon­i­tor the new COVID vari­ant which has not yet reached lo­cal shores, but has been de­tect­ed in coun­tries vis­it­ed by lo­cals, econ­o­mist Dr Vaalmik­ki Ar­joon is warn­ing there can be an eco­nom­ic fall­out should the virus reach T&T.