Fol­low­ing the re­cent death of its ex­ec­u­tive chair­man Bruce Ding­wall, San Fer­nan­do-based Trin­i­ty Ex­plo­ration & Pro­duc­tion yes­ter­day an­nounced sev­er­al changes to the helm of its or­gan­i­sa­tion in­clud­ing the ap­point­ment of two ex­ist­ing board mem­bers to the posts of non-ex­ec­u­tive chair­man and chief ex­ec­u­tive of­fi­cer.

Trinidad and To­ba­go’s econ­o­my is ex­pect­ed to con­tract by one per cent this year, the In­ter­na­tion­al Mon­e­tary Fund has pro­ject­ed in its lat­est World Eco­nom­ic Out­look.

The progress of Wood­side Pe­tro­le­um Ltd’s ac­qui­si­tion of the BHP Group was among the top­ics dis­cussed when En­er­gy Min­is­ter Stu­art Young met with a team of BHP ex­ec­u­tives yes­ter­day.

On Au­gust 16, the Cen­tral Bank of T&T grant­ed Re­pub­lic Fi­nan­cial Hold­ings Ltd (RFHL) ap­proval for its whol­ly owned sub­sidiary, Re­pub­lic Evolve Ltd to be reg­is­tered as a long-term in­sur­ance com­pa­ny to con­duct the life in­sur­ance class of busi­ness on­ly.

Trad­ing in First Cit­i­zens Bank’s shares will be sus­pend­ed for three days start­ing Wednes­day, be­fore the com­pa­ny delists to fa­cil­i­tate a planned cor­po­rate re­struc­tur­ing.

This was re­vealed by Roy­al Cas­tle Ltd's man­ag­ing di­rec­tor Sandy Roopc­hand dur­ing a tele­phone in­ter­view with Guardian Me­dia to­day.

In a pa­per pub­lished by the Har­vard Busi­ness School the late Pro­fes­sor Emer­i­tus Bruce R Scott dealt with the idea of what is a na­tion­al eco­nom­ic strat­e­gy and why it is so im­por­tant.

The Unit­ed In­de­pen­dent Pe­tro­le­um Mar­ket­ing Com­pa­ny Lim­it­ed (Unipet) has an­nounced plans to build a US$4.9 mil­lion mul­ti-pur­pose fu­el sta­tion in Guyana.

Pres­tige Hold­ings Lim­it­ed, the par­ent com­pa­ny of sev­er­al lo­cal pop­u­lar food es­tab­lish­ments in­clud­ing the KFC and Star­bucks fran­chis­es, has record­ed a loss of $30.9 mil­lion for the nine-month pe­ri­od end­ed Au­gust 31, 2021.

Gov­ern­ment should re­assess To­ba­go’s air­port ex­pan­sion project now bud­get­ed to cost $1.3 bil­lion and which ac­cord­ing to Mark Edghill, pres­i­dent of the T&T Coali­tion of Ser­vices In­dus­tries (TTC­SI), will not de­rive any im­me­di­ate ben­e­fit from the tourism sec­tor.

Ten to One rum, which was brought to life by Trinidad born en­tre­peneur Marc Far­rell has wel­come R&B su­per­star Cia­ra as it's co-own­er.

State-owned Her­itage Pe­tro­le­um con­tin­ues to re­port strong eco­nom­ic per­for­mance as the com­pa­ny has made an af­ter tax prof­it of $1.2 bil­lion for the first nine months of the 2021 fi­nan­cial year.