Massy Hold­ings Ltd chair­man Robert Ri­ley has at­trib­uted the group’s first-quar­ter per­for­mance to dis­ci­plined ex­e­cu­tion across the port­fo­lio, as he out­lined in the com­pa­ny’s unau­dit­ed con­sol­i­dat­ed fi­nan­cial state­ments for the three months end­ed De­cem­ber 31, 2025.
Ri­ley said the group de­liv­ered a strong start to fis­cal 2026, with rev­enue, EBIT­DA, and earn­ings from con­tin­u­ing op­er­a­tions all record­ing year-on-year im­prove­ment.

Fi­nance Min­is­ter Dav­en­dranath Tan­coo has sig­nalled that Gov­ern­ment will not ac­cept any rec­om­men­da­tion from the In­ter­na­tion­al Mon­e­tary Fund (IMF) that un­der­mines its de­vel­op­ment agen­da for Trinidad and To­ba­go.

Amid grow­ing pub­lic de­bate over the state of the phar­ma­ceu­ti­cal in­dus­try in T&T, Agos­ti­ni Group CEO Bar­ry Davis has pub­licly dis­missed al­le­ga­tions that the com­pa­ny holds a mo­nop­oly or con­trols an over­whelm­ing share of the lo­cal phar­ma­ceu­ti­cal dis­tri­b­u­tion mar­ket.

Movi­eTowne own­er Derek Chin said yes­ter­day he sub­mit­ted an up­grad­ed ver­sion of his Streets of the World con­cept to the Ur­ban De­vel­op­ment Cor­po­ra­tion of Trinidad and To­ba­go Ltd (UDe­COTT) be­fore the in­vi­ta­tions for Ex­pres­sions of In­ter­est for the Re­vi­tal­i­sa­tion Blue­print closed yes­ter­day.

Shell Glob­al CEO Wael Sawan has placed Venezuela and the pend­ing US sanc­tions ap­provals at the top of the com­pa­ny’s re­gion­al pri­or­i­ties, sig­nalling that off­shore gas de­vel­op­ments could soon be tied di­rect­ly in­to T&T’s en­er­gy sys­tem.

Trinidad Ce­ment Ltd (TCL) has amend­ed two of its ma­jor loan agree­ments in a move that comes just days af­ter the com­pa­ny con­firmed a 15 per cent in­crease in ce­ment prices.

ANSA McAL, one of T&T’s largest pri­vate-sec­tor com­pa­nies, said yes­ter­day that the group was placed “un­der com­mer­cial duress” by State-owned Na­tion­al Gas Com­pa­ny (NGC), which im­posed a 77 per cent in­crease in the price of nat­ur­al gas to ANSA’s Carib Glass sub­sidiary in Jan­u­ary.

While the Em­ploy­ers Con­sul­ta­tive As­so­ci­a­tion (ECA) is sat­is­fied that out­dat­ed labour leg­is­la­tion is be­ing up­dat­ed, the coun­try’s largest em­ploy­er body be­lieves that this process must take in­to ac­count what is hap­pen­ing in the wider econ­o­my.

The last 12 months have been an ed­u­ca­tion. Not in what we hoped, but in what we should have known. We watched the Trump ad­min­is­tra­tion as­sert “Amer­i­ca First” with a blunt­ness that left no room for am­bi­gu­i­ty. We watched Cana­da and Eu­rope ac­com­mo­date, re­cal­i­brate, de­fer un­til Green­land was threat­ened, un­til a NA­TO al­ly was in the crosshairs. Then, sud­den­ly, sov­er­eign­ty mat­tered, strate­gic au­ton­o­my be­came ur­gent. Decades of com­fort­able as­sump­tions dis­solved in weeks and I have had to re­vis­it my world view.

Car­ni­val’s con­tri­bu­tion ex­tends well be­yond cul­tur­al pride. It is a com­plex eco­nom­ic sys­tem that gen­er­ates jobs, dri­ves for­eign ex­change and sus­tains en­tire cre­ative in­dus­tries when prop­er­ly sup­port­ed, pan­el­lists agreed dur­ing Term Fi­nance’s Well­ness Wednes­day we­bi­nar, Car­ni­val & Cul­ture – Fu­elling Eco­nom­ic Growth in T&T.

Over the last two decades, T&T com­pa­nies from sec­tors in­clud­ing man­u­fac­tur­ing, en­er­gy ser­vices, the cre­ative sec­tor, tech­nol­o­gy, and fi­nance have so­lid­i­fied their po­si­tions as lo­cal and re­gion­al play­ers. This suc­cess of­ten de­fined by rev­enues, al­so in­clude in­creased cus­tomers, new mar­kets or new and en­hanced prod­ucts or ser­vices.

Car­ni­val, long hailed as the soul of T&T’s cul­ture, is in­creas­ing­ly recog­nised as one of the na­tion’s most pow­er­ful eco­nom­ic en­gines—an in­tri­cate ser­vices ecosys­tem that dri­ves tourism, cre­ativ­i­ty, en­tre­pre­neur­ship and glob­al de­mand for the coun­try’s cul­tur­al ex­per­tise.