Every year for the past 40 years, T&T cit­i­zens have left this coun­try to ex­pand their ed­u­ca­tion via the UK Chevening Schol­ar­ship.

Ahead of the up­com­ing bud­get, The As­so­ci­a­tion of Re­al Es­tate Agents (AREA) has called for greater tax in­cen­tives in or­der to aid with the buy­inh and sell­ing of hous­es in T&T.

Cen­tral gov­ern­ment record­ed a fis­cal deficit of $4.3 bil­lion for the first nine months of the 2024 fis­cal year, which is from Oc­to­ber 1, 2023 to June 30, 2024, ac­cord­ing to the Cen­tral Bank of T&T.

The op­po­si­tion is ac­cus­ing the gov­ern­ment of covert­ly at­tempt­ing to grant the Fi­nance Min­is­ter ac­cess to in­di­vid­u­als' pri­vate tax in­for­ma­tion—an al­le­ga­tion that the rul­ing ad­min­is­tra­tion firm­ly de­nies. 

En­deav­our Hold­ings Ltd has re­port­ed af­ter-tax prof­its for the three months end­ed Ju­ly 31, 2024, of $11.3 mil­lion, an in­crease of $0.2 mil­lion when com­pared to the prof­it af­ter tax of $11.1 mil­lion in Ju­ly 2023.

A com­pa­ny con­nect­ed to Michael Lee-Chin, the chair­man of Ja­maica’s NCB Fi­nan­cial Group, sold 6.4 mil­lion of the com­pa­ny’s shares on Sep­tem­ber 5, on the Ja­maica Stock Ex­change, sources told Guardian Me­dia yes­ter­day.

Min­is­ter of Trade and In­dus­try, Paula Gopee-Scoon has em­pha­sised the im­por­tance of di­ver­si­fi­ca­tion for T&T and the wider re­gion, stat­ing that eco­nom­ic di­ver­si­fi­ca­tion is es­sen­tial for the fu­ture of Caribbean coun­tries, as re­liance on on­ly a few key sec­tors makes us more vul­ner­a­ble to ex­ter­nal shocks.

A broad con­sen­sus has emerged that the next two or three years will be chal­leng­ing for the do­mes­tic econ­o­my. As re­cent­ly as last Fri­day, S&P Glob­al Rat­ings af­firmed T&T’s ‘BBB-/A-3’ long-and short-term for­eign and lo­cal cur­ren­cy sov­er­eign cred­it rat­ing, and gave the coun­try a sta­ble out­look based on its view that T&T “will con­tin­ue to ex­pe­ri­ence low growth, mod­er­ate fis­cal deficits, and a slow­ly in­creas­ing debt bur­den over the next two years, while en­er­gy ex­ports will sup­port the coun­try’s ex­ter­nal bal­ances.”

As the 2025 bud­get ap­proach­es, for­mer agri­cul­ture min­is­ter Vas­ant Bharath wants to see an im­prove­ment for farm­ers in ac­cess­ing fi­nanc­ing.

These changes are di­rect­ly in sup­port of our 2X growth agen­da and un­der­write the re­de­fined pur­pose of cor­po­rate head of­fice, which is to guide and em­pow­er its sec­tors with a pur­pose­ful move to­wards agili­ty.

The T&T Stock Ex­change Ltd (TTSE) has an­nounced the amend­ment of Rule 400(2)(g) in re­spect of the spe­cial mar­ket list­ing re­quire­ment for the small and medi­um en­ter­prise (SME) mar­ket ef­fec­tive Au­gust 22, 2024 which aims to pro­mot­ing growth.

The Point Lisas In­dus­tri­al Port De­vel­op­ment Cor­po­ra­tion (Plipde­co) has paid a $37,000 fine to the Trinidad and To­ba­go Se­cu­ri­ties and Ex­change Com­mis­sion (TTSEC) for breach­ing sec­tion 64 of the Se­cu­ri­ties Act 2012, when it made changes to its ex­ec­u­tive man­age­ment, but failed to no­ti­fy the se­cu­ri­ties reg­u­la­tor, or the pub­lic, in a time­ly man­ner.