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Saturday, July 5, 2025

Business

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NCBFG chairman, Michael Lee-Chin

NCBFG chairman, Michael Lee-Chin

NCBFG could slip out of Lee-Chin’s control

Ja­maica-born Michael Lee-Chin’s per­son­al in­vest­ment com­pa­nies are still deep in dis­cus­sions with bond­hold­ers, even as new dis­clo­sures re­veal that the icon­ic chair­man of the NCB Fi­nan­cial Group (NCBFG), the north Caribbean is­land’s largest fi­nan­cial in­sti­tu­tion, could lose con­trol of the com­pa­ny, that he ac­quired a ma­jor­i­ty stake of in 2002.

by

Sun Jun 08 2025
Senior manager of service at ANSA McAL, Peter Maraj, left, and sector general manager for core and luxury new vehicle sales, Daryl Young, stand next to the newly launched Proton e.MAS7 at Grand Bazaar on Thursday night.

Senior manager of service at ANSA McAL, Peter Maraj, left, and sector general manager for core and luxury new vehicle sales, Daryl Young, stand next to the newly launched Proton e.MAS7 at Grand Bazaar on Thursday night.

VASHTI SINGH

Tax exemption driving

electric vehicle demand

The adop­tion of elec­tric ve­hi­cles in this coun­try has sig­nif­i­cant­ly grown and one rea­son is that elec­tri­cal charg­ers and parts are now ex­empt­ed from pay­ing cus­toms du­ty, val­ue-added tax and on­line pur­chase tax. Those mea­sures came in­to ef­fect in Jan­u­ary.

by

Andrea Perez-Sobers
Sun Jun 08 2025
Republic Bank’s head office on Park Street in Port-of-Spain

Republic Bank’s head office on Park Street in Port-of-Spain

Republic Bank closer to Cayman buyout

Re­pub­lic Fi­nan­cial Hold­ings Ltd (RFHL) says it is one step clos­er to com­plet­ing the buy­out of the re­main­ing shares of Cay­man Na­tion­al Cor­po­ra­tion (CNC) af­ter se­cur­ing the min­i­mum thresh­old of ac­cep­tance to ad­vance the trans­ac­tion.

by

Peter Christopher
Sat Jun 07 2025
Central Bank Governor  Dr Alvin Hilaire

Central Bank Governor Dr Alvin Hilaire

NICOLE DRAYTON

Central Bank: We are clear on limits of public disclosure

The Cen­tral Bank says it is lim­it­ed when it comes to the dis­clo­sure of cer­tain in­for­ma­tion re­gard­ing top users of forex.

by

GEISHA KOWLESSAR ALONZO
Sat Jun 07 2025
Republic Wealth Management executives with members of the Medcorp board and management at the official launch of the initial public offering of shares in the company on Sunday at the Chaconia Inn.

Republic Wealth Management executives with members of the Medcorp board and management at the official launch of the initial public offering of shares in the company on Sunday at the Chaconia Inn.

Republic officially launches Medcorp IPO

Re­pub­lic Group has part­nered with Med­corp Ltd as the lead stock­bro­ker for its ini­tial pub­lic of­fer­ing (IPO).

by

Fri Jun 06 2025
SWWTU president general Michael Annisette

SWWTU president general Michael Annisette

Annisette hopes good sense prevails at Angostura

The trade union rep­re­sent­ing An­gos­tu­ra work­ers hopes good sense will pre­vail fol­low­ing the res­ig­na­tion of the com­pa­ny's board ear­li­er this week.

by

PETER CHRISTOPHER
Fri Jun 06 2025
Central Bank Governor, Dr Alvin Hilaire

Central Bank Governor, Dr Alvin Hilaire

PM: Central Bank refusing to divulge forex info

Prime Min­is­ter Kam­la Per­sad-Bisses­sar said yes­ter­day that Cen­tral Bank Gov­er­nor, Dr Alvin Hi­laire, is re­fus­ing to di­vulge in­for­ma­tion on the top users of for­eign ex­change in this coun­try.

by

Fri Jun 06 2025
Francis Bain -Cumberbath

Francis Bain -Cumberbath

ANSA McAL looks at hydrogen capture

ANSA McAL Lim­it­ed is look­ing in­to in­creas­ing the re­cov­ery of green­house gas­es, in­clud­ing hy­dro­gen, from its Caribbean plants.

by

PETER CHRISTOPHER
Thu Jun 05 2025
TTEITI 1

TTEITI 1

Energy transparency remains crucial to T&T’s fortunes

Even as a new Gov­ern­ment has en­tered of­fice, Trinidad and To­ba­go’s en­er­gy sec­tor will con­tin­ue to be at the fore­front of na­tion­al at­ten­tion. This is un­der­scored by on­go­ing for­eign ex­change (forex) con­straints, the na­tion’s heavy re­liance on en­er­gy rev­enues to sup­port the na­tion­al bud­get, and the crit­i­cal role of the Her­itage and Sta­bil­i­sa­tion Fund (HSF) in main­tain­ing eco­nom­ic sta­bil­i­ty.

by

TTEITI
Tue Jun 03 2025
File: Trinidad Generation Unlimited (TGU) electricity generation plant in La Brea

File: Trinidad Generation Unlimited (TGU) electricity generation plant in La Brea

TGU, NCBFG refinancing debt on Wall St

Trinidad Gen­er­a­tion Un­lim­it­ed (TGU) and NCB Fi­nan­cial Group Lim­it­ed (NCBFG) are plan­ning to raise US$500 mil­lion and US$300 mil­lion, re­spec­tive­ly, in the in­ter­na­tion­al cap­i­tal mar­kets to re­fi­nance ex­ist­ing debt.

by

Thu Jun 05 2025
Angostura’s distillery

Angostura’s distillery

All Angostura's directors resign

Dr Maryam Ab­dool-Richards, Ger­ard Coop­er, and Tri­cia Coos­al re­signed on Tues­day and yes­ter­day, Dr Ster­ling Frost, Fran­ka Costel­loe and chair­man Ter­rence Bharath re­signed, com­pa­ny sources told Guardian Me­dia.

by

Andrea Perez-Sobers
Thu Jun 05 2025
Global energy investments 2015 to 2025

Global energy investments 2015 to 2025

Fossil fuel vs clean energy investments

Ac­cord­ing to In­ter­na­tion­al En­er­gy Agency (IEA) da­ta, the world in­vest­ed more than US$2 tril­lion in clean en­er­gy last year, al­most twice as much as it did in fos­sil fu­els. This pushed to­tal en­er­gy in­vest­ment above US$3 tril­lion.

by

Thu Jun 05 2025
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Economists Dr Vaalmikki Arjoon

Economists Dr Vaalmikki Arjoon

NICOLE DRAYTON

‘New COVID variant requires caution’

by

GEISHA KOWLESSAR ALONZO
Sat Jun 07 2025

Legal fallout of trade wars

by

Sun Jun 08 2025
A section of patrons at the  One Caribbean Music Festival, Queen’s Park Savannah last week Saturday.

A section of patrons at the One Caribbean Music Festival, Queen’s Park Savannah last week Saturday.

Kartel concert could have been a financial hit

by

PETER CHRISTOPHER
Wed Jun 04 2025
NCBFG chairman, Michael Lee-Chin

NCBFG chairman, Michael Lee-Chin

NCBFG could slip out of Lee-Chin’s control

by

Sun Jun 08 2025
Senior manager of service at ANSA McAL, Peter Maraj, left, and sector general manager for core and luxury new vehicle sales, Daryl Young, stand next to the newly launched Proton e.MAS7 at Grand Bazaar on Thursday night.

Senior manager of service at ANSA McAL, Peter Maraj, left, and sector general manager for core and luxury new vehicle sales, Daryl Young, stand next to the newly launched Proton e.MAS7 at Grand Bazaar on Thursday night.

VASHTI SINGH

Tax exemption driving

electric vehicle demand

by

Andrea Perez-Sobers
Sun Jun 08 2025
Republic Bank’s head office on Park Street in Port-of-Spain

Republic Bank’s head office on Park Street in Port-of-Spain

Republic Bank closer to Cayman buyout

by

Peter Christopher
Sat Jun 07 2025
Central Bank Governor  Dr Alvin Hilaire

Central Bank Governor Dr Alvin Hilaire

NICOLE DRAYTON

Central Bank: We are clear on limits of public disclosure

by

GEISHA KOWLESSAR ALONZO
Sat Jun 07 2025
Republic Wealth Management executives with members of the Medcorp board and management at the official launch of the initial public offering of shares in the company on Sunday at the Chaconia Inn.

Republic Wealth Management executives with members of the Medcorp board and management at the official launch of the initial public offering of shares in the company on Sunday at the Chaconia Inn.

Republic officially launches Medcorp IPO

by

Fri Jun 06 2025
SWWTU president general Michael Annisette

SWWTU president general Michael Annisette

Annisette hopes good sense prevails at Angostura

by

PETER CHRISTOPHER
Fri Jun 06 2025
Central Bank Governor, Dr Alvin Hilaire

Central Bank Governor, Dr Alvin Hilaire

PM: Central Bank refusing to divulge forex info

by

Fri Jun 06 2025
Francis Bain -Cumberbath

Francis Bain -Cumberbath

ANSA McAL looks at hydrogen capture

by

PETER CHRISTOPHER
Thu Jun 05 2025
TTEITI 1

TTEITI 1

Energy transparency remains crucial to T&T’s fortunes

by

TTEITI
Tue Jun 03 2025
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