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In the first few months of Donald Trump’s second term as US president, Secretary of State Marco Rubio met in-person with the heads of government of 13 of the 14 independent member states of the Caribbean Community (Caricom) bloc. Caribbean leaders were eager for such high-level diplomatic engagement with the Trump administration out of the blocks. They assessed that their respective countries’ interests—which have long rested on American support—would be served by this diplomacy.
There is little doubt that a major factor in the overwhelming victory of United National Congress (UNC) at the April 28, 2025 general election was the party’s promise to improve the standard of living of the population. By that, I mean the UNC convinced enough voters that if it was victorious at the poll, their disposable incomes would increase.
The debacle surrounding Erla Harewood-Christopher’s truncated tenure as commissioner of police has not only created ripples throughout the country but the now the business community says on a larger scale, the internal wranglings within the T&T Police Service, can affect investor confidence.
Sagicor Financial Company on Tuesday reported core earnings of US$29.7 million in its first quarter ended March 31, 2025, which was 120 per cent more than the US$13.5 million the group earned in the same period in 2024.
According to the Central Bank’s Annual Economic Survey 2024, which was released two weeks ago, 2024 saw a surge in banks’ lending to consumers.
Perenco T&T Limited has found natural gas following the successful drilling of the Onyx well.
Finance Minister Davendranath Tancoo met with representatives from the Development Bank of Latin America (CAF) in an introductory meeting on Monday.
Majority state-owned Caribbean Airlines (CAL) has defended its foreign currency-based payment model, saying nearly 70 per cent of its expenses—such as aircraft leases, fuel, taxes and maintenance—are billed in foreign currency. The airline insists this “economic reality” requires a balanced approach to maintain its financial sustainability.
The National Investment Fund Holding Company has reported a decline in the value of its portfolio.
At an extraordinary general meeting of Barita Investments Ltd (BIL) held on January 20, 2025, shareholders approved the transfer of majority ownership of BIL from Cornerstone Financial Holdings Ltd (CFHL) to a new entity, Barita Financial Group Ltd. BIL will remain listed on the JSE.
Cigarette-manufacturing company, West Indian Tobacco Company (Witco), yesterday reported revenue of $83.08 million for the three months ended March 31, 2025, an 11.3 per cent increase over the corresponding period in 2024.
The Energy Chamber of T&T says the country is on the verge of a significant renewable energy achievement with the upcoming completion of the Brechin Castle solar farm, the largest solar project in the region expected to be in operation in five months time.
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