The Caribbean Ac­tu­ar­i­al As­so­ci­a­tion (CAA) is set to dis­cuss T&T’s NIS sit­u­a­tion at the Hy­att Re­gency dur­ing its an­nu­al con­fer­ence to­day.

Two Venezue­lan gov­ern­ment rep­re­sen­ta­tives in its Na­tion­al As­sem­bly, Wills Rangel and Ja­cobo Tor­res are ac­cus­ing US en­er­gy gi­ant Exxon­Mo­bil of stok­ing the ten­sions that cur­rent­ly ex­ist be­tween Guyana and Venezuela.

There has been a high de­mand for an ef­fi­cient and re­li­able de­liv­ery ser­vice as well as a grow­ing trend of at-home shop­ping and it is un­der this ban­ner that oDe­liv­er was born.

The IDB has just pub­lished Tech­ni­cal Note IDB-TN-2845 which re­ports on the con­tin­u­ing re­cov­ery of re­mit­tances to long-term trends in 2022 and 2023 in Latin Amer­i­ca and the Caribbean (LAC) af­ter in­flows stalled dur­ing the COVID-19 years of 2020 and 2021.

At a news con­fer­ence on No­vem­ber 1, Min­is­ter of Fi­nance, Colm Im­bert, said the Min­istry of Fi­nance was work­ing on for­mal­is­ing and fi­nal­is­ing NIF (Na­tion­al In­vest­ment Fund) 2 with­in the next two months, which would be by the end of 2023.

Suri will suc­ceed De­nis O’Brien as part of the im­ple­men­ta­tion of the Re­struc­tur­ing Ser­vices Agree­ment (RSA) which is meant to ad­dress the com­pa­ny's debt.

The Caribbean In­for­ma­tion and Cred­it Rat­ing Ser­vices Ltd (Cari­CRIS) has reaf­firmed the cred­it rat­ings of CariA (For­eign and Lo­cal Cur­ren­cy) on the re­gion­al rat­ing scale, and ttA on the T&T na­tion­al scale to the NCB Mer­chant Bank T&T Ltd.

Amer­i­can en­gi­neer­ing com­pa­ny Mc­Der­mott has re­ceived a con­tract from Shell Trinidad and To­ba­go for the Man­a­tee gas field de­vel­op­ment project.

On Mon­day, Labour Min­is­ter Stephen Mc Clashie ap­point­ed the board dur­ing a cer­e­mo­ny at the Min­istry of Labour’s head of­fice at the In­ter­na­tion­al Wa­ter­front Cen­tre in Port-of-Spain.

T&T’s Unit Trust Cor­po­ra­tion (UTC) yes­ter­day host­ed its first, share sale in the UTC Glob­al Bal­anced Fund Ltd (GBFL) to in­vestors at an event in St Lu­cia.

To fos­ter greater trade ties with its Cari­com coun­tries, the T&T Man­u­fac­tur­ers’ As­so­ci­a­tion (TTMA) will be host­ing a pri­vate sec­tor del­e­ga­tion on a trade mis­sion to An­tigua and Bar­bu­da from to­day to De­cem­ber 1, 2023.

As it cel­e­brat­ed 100 years in busi­ness, Massy Hold­ings Ltd yes­ter­day re­port­ed af­ter-tax prof­it from its con­tin­u­ing op­er­a­tions of $833.3 mil­lion for the fi­nan­cial year end­ed Sep­tem­ber 30, 2023, a 21 per cent in­crease com­pared to the $689 mil­lion it earned in its 2022 fi­nan­cial year.