The sale of gas sta­tions owned by Na­tion­al Pe­tro­le­um and the pri­vati­sa­tion of the port of Port-of-Spain are two mea­sures which are long over­due, Bri­an Hack­ett the Ter­ri­to­ry Leader of Pw­C­Trinidad and To­ba­go has said.

While Pres­i­dent of the T&T Cham­ber of In­dus­try Com­merce Reyaz Ahamad wel­comes pri­vati­sa­tion of the port of Port-of-Spain, he said the Cus­toms and Ex­cise Di­vi­sion must step up its game for the en­ti­ty to be ful­ly func­tion­al and ef­fec­tive.

The Amer­i­can Cham­ber of Com­merce of Trinidad and To­ba­go (AM­CHAM T&T) says that it is some­what wor­ried that the rev­enue fig­ure an­nounced by Fi­nance Min­is­ter Colm Im­bert for the bud­get may be "over­ly am­bi­tious."

The T&T Man­u­fac­tur­ers’ As­so­ci­a­tion (TTMA) says is it is pleased that Fi­nance Min­is­ter Colm Im­bert in­tends to pri­va­tise some State en­ter­pris­es, say­ing this has been “a pri­ma­ry lob­by­ing” is­sue by the as­so­ci­a­tion.

BP Trinidad and To­ba­go LLC (bpTT) has an­nounced the safe start-up of the Ga­le­o­ta ex­pan­sion project (GEP).

To­mor­row when the Fi­nance Min­is­ter Colm Im­bert presents his 2021 fis­cal pack­age he will do so in the con­text of low­er rev­enues, high non-dis­cre­tionary ex­pen­di­ture and lim­it­ed fis­cal space for bor­row­ing.

State-owned Caribbean Air­lines has re­ceived ap­proval from the Unit­ed States De­part­ment of Trans­porta­tion to fly the Port of Spain/Hous­ton route.

Cen­tral Bank Gov­er­nor Dr Alvin Hi­laire says the coun­try has had a mi­cro­eco­nom­ic im­bal­ance for the last few years and what is need­ed is an over­all eco­nom­ic so­lu­tion.

Over the last two weeks a num­ber of things oc­curred in the down­stream petro­chem­i­cal sec­tor and by ex­ten­sion the econ­o­my of T&T.

Ready, will­ing, able – and very hap­py that Gov­ern­ment has giv­en an Oc­to­ber dead­line for the clo­sure of the Guaracara re­fin­ery pur­chase deal with Pa­tri­ot­ic En­er­gies and Tech­nolo­gies Com­pa­ny Lim­it­ed.

Four of the coun­try’s largest cin­e­mas—Movi­eTowne, Caribbean Cin­e­mas, Cin­e­maOne Lim­it­ed and Es­tate 101 Ltd have said they re­main con­cerned about the fu­ture of 1500 em­ploy­ees most of whom have been fur­loughed/ tem­porar­i­ly laid off as a re­sult of the clo­sure of the in­dus­try due to COVID-19.

Caribbean Gas Chem­i­cal Lim­it­ed (CG­CL) has loaded its first car­go of methanol as it starts ex­port of the com­mod­i­ty.