Trade Min­is­ter Paula Gopee-Scoon says she has been get­ting re­ports of price goug­ing in the af­ter­math of re­cent floods in parts of the coun­try.

More and more, dig­i­tal cur­ren­cies will per­me­ate every as­pect of com­merce and oth­er as­pects of life. Where it gets tricky is when peo­ple who un­der­stand more about tech­nol­o­gy and less about eco­nom­ics start of­fer­ing fi­nan­cial ad­vice to peo­ple who un­der­stand lit­tle of ei­ther.

New­ly-ap­point­ed Unit­ed States Am­bas­sador to T&T Joseph Mon­del­lo agrees that this coun­try needs in­vest­ment. How­ev­er, he point­ed out that what in­vestors want more than any­thing else—es­pe­cial­ly when look­ing for new mar­kets—are trans­paren­cy, sta­bil­i­ty, and pre­dictabil­i­ty.

Gov­ern­ment can­not re­veal de­tails of the deal with the Ja­maican-owned San­dals ho­tel chain be­cause that is not how in­ter­na­tion­al busi­ness deals are done, ac­cord­ing to Stu­art Young, Min­is­ter in the Of­fice of the Prime Min­is­ter.

Khan cre­at­ed one of the most pop­u­lar trav­el agen­cies in the coun­try, mak­ing his mark as an ex­em­plary busi­ness­man. He lat­er sold the busi­ness but em­ploy­ees through­out the agency yes­ter­day re­mem­bered him as a kind man with a keen busi­ness sense.

In many coun­tries, dur­ing an eco­nom­ic down­turn a com­bi­na­tion of fis­cal and mon­e­tary pol­i­cy is em­ployed to stim­u­late that econ­o­my in­to a state of re­cov­ery and/or sta­bil­i­ty.

The no­tion that T&T can’t catch up with the rest of the world in terms of tech­nol­o­gy was yes­ter­day re­fut­ed by Am­Cham TT CEO Ni­rad Tewarie who said this na­tion has the po­ten­tial to leapfrog oth­er coun­tries.

The chal­lenges at state-owned Petrotrin are a re­flec­tion of what is hap­pen­ing in the wider econ­o­my, econ­o­mist Dr. Ronald Ramkissoon said yes­ter­day.

RBC Fu­ture Launch, an ini­tia­tive fo­cused on equip­ping young peo­ple with op­por­tu­ni­ties and skills to suc­ceed in the ever-chang­ing work­force, was launched by RBC Roy­al Bank at the Arthur Lok Jack Glob­al School of Busi­ness (ALJGSB) on Tues­day.

NGC CNG’s plan to dis­trib­ute 1,000 free con­ver­sion kits to mo­torists is be­ing crit­i­cised by the head of the T&T Au­to­mo­tive Deal­ers As­so­ci­a­tion (TTA­DA). Visham Bab­wah said the kits val­ued at $12,000 each would cost tax pay­ers $12 mil­lion which he felt could be bet­ter spent to con­vert the fast fer­ries to CNG.

Petrotrin Chair­man Wil­fred Es­pinet says se­lec­tion of staff for the two suc­ces­sor com­pa­nies to Petrotrin, Paria Fu­el Trad­ing and Her­itage Pe­tro­le­um Com­pa­ny Lim­it­ed, will be done by a team of ex­perts with the knowl­edge and ex­per­tise re­quired to en­sure the best peo­ple are hired.

New­ly es­tab­lished state en­er­gy com­pa­ny Paria Fu­el might op­er­ate as a hold­ing com­pa­ny pend­ing the farm­ing out of Petrotrin’s re­fin­ery op­er­a­tions. That is the view of en­er­gy ex­pert An­tho­ny Paul who ex­pects that Paria, one of the two new com­pa­nies an­nounced as the suc­ces­sor to Petrotrin, will im­port fu­el for lo­cal and re­gion­al use as “a tran­si­to­ry com­pa­ny un­til re­fin­ing re­sumes.”