Category Archives: Business

Business, Crime in T&T, Finance, General T&T, Labour, Law, Media, Parliament, People's Partnership, Politics, Security

$58B Budget, TT’s Largest Ever

5 Comments

Finance and Economy Minister Larry Howai
Finance and Economy Minister Larry Howai

By Clint Chan Tack
October 02, 2012 – newsday.co.tt

Finance Minister Larry Howai on the front page of NewsdayPEOPLE who drive vehicles fueled by premium gasolene will pay higher prices at the pump from today. A wide range of hefty tax increases was imposed on the local gaming industry as of yesterday and land and building taxes will return.

However orphans, retirees, special reserve police officers and persons involved in home construction are just some groups in society who will benefit from the country’s largest ever budget which Finance and Economy Minister Larry Howai presented in the House of Representatives yesterday.
Continue reading $58B Budget, TT’s Largest Ever →

Business, corruption, Court, Crime in T&T, Finance, General T&T, International, Law, Media, Money Laundering, Opposition Party, Parliament, People's Partnership, PNM, Politics, UNC, USA

ISH, STEVE ‘CUT DOWN’

10 Comments

By Andre Bagoo
September 13, 2012 – newsday.co.tt

Ishwar Galbaransingh and Steve FergusonPRIME Minister Kamla Persad-Bissessar issued directions to Attorney General Anand Ramlogan to table last-minute amendments to bolster legislation designed to shield the State from the legal fallout of its decision to abruptly repeal Section 34 of the Administration of Justice Act, it was revealed yesterday.
Continue reading ISH, STEVE ‘CUT DOWN’ →

Business, corruption, Court, Crime in T&T, Editorial, Finance, General T&T, International, Law, Media, Opposition Party, People's Partnership, PNM, Politics, USA

SCANDALOUS

8 Comments

By Andre Bagoo
September 12, 2012 – newsday.co.tt

Ishwar Galbaransingh and Steve FergusonTHE PARLIAMENT sits today to urgently pass legislation to repeal a section of a new law, after the Government’s decision to proclaim the law opened the door to a wave of applications to the Supreme Court which could see businessmen Ishwar Galbaransingh and Steve Ferguson, as well as several others accused in the Piarco corruption inquiries, walk free without trial.
Continue reading SCANDALOUS →

Business, General T&T, Labour

God will not help the stupid

1 Comment

By Raffique Shah
September 09, 2012

Raffique ShahAS ironical and comical as it may seem, the one word that drives the fear of God into the average Trini, is “gas”.

Yes, you read right—gas! I know the more enlightened in the country might think that Shah finally flipped his lid…he gone off. After all, if anything, for the sake of country, we need more gas.
Continue reading God will not help the stupid →

Africa, Business, Education, General T&T, India, Labour, Race and Identity, Racism Watch

No compensation for slaves

37 Comments

By George Alleyne
August 29, 2012 – newsday.co.tt

EmancipationThe argument has often been put forward by politicians and would be politicians that persons of Indian descent own a far greater degree of property in Trinidad than people of African descent, because they had saved and used their money wisely.

It is an attempt to create misunderstanding between the two major ethnic groups. What led to today’s disparity in land ownership is well documented and rooted in Trinidad’s colonial past. The end of slavery in 1838 and the movement by freed slaves to urban and suburban areas and away from the sugar estates, with which they had for so long identified with their suffering, meant that the sugar planters had to source new labour.
Continue reading No compensation for slaves →

Business, General T&T, India, Politics, Racism Watch

Against All Odds

4 Comments

By Dr. Selwyn R. Cudjoe
August 14, 2012

Dr. Selwyn R. CudjoeJust about when Kamal Persad Bissessar was celebrating the achievement of Trinidad and Tobago athletes who performed at the Olympics 2012 in Great Britain, I received an email from an African sister from Brothers Road. About ten years ago she had created a small company in that remote part of the country and was trying hard to make the best of herself. She wrote:
Continue reading Against All Odds →

Business, General T&T, India, Media, People's Partnership, Politics

Investment or assets sale?

4 Comments

By George Alleyne
January 25 2012 – newsday.co.tt

Prime Minister Kamla Persad-BissessarGovernment should state clearly the nature and extent of the planned Indian investment in Trinidad and Tobago, which it is trumpeting, and whether this relates to the setting up of entirely new businesses or whether it will be the acquisition, wholly or largely, of State-owned and other existing companies.
Continue reading Investment or assets sale? →

Business, Finance, General T&T, International, USA

Inequality Breeds Unrest

8 Comments

By Raffique Shah
November 13, 2011

Raffique ShahAS I watch the “Occupy Wall Street” phenomenon spread its wings of protest across much of the developed world, I cannot help but feel nostalgic.

Those of us who experienced the global rebellion of the 1960s and 1970s must also feel a sense of déjà vu, of having been there, done that. I ask myself: is this a generational upheaval that has erupted to complete unfinished business of that golden era of humanism?
Continue reading Inequality Breeds Unrest →

Business, Finance, General T&T, Politics

Budget must reverse economic decline

6 Comments

By Raffique Shah
October 09, 2011

Raffique ShahFOR the first time in many years, I am worried about the state of this country’s economy. I am not among alarmists who see doomsday whenever the price of oil dips by a dollar. To the contrary, in the wake of global financial crises of 200-08, when commodity prices tumbled, I didn’t even blink. Now, however, I’m wincing.
Continue reading Budget must reverse economic decline →

Business, England, Finance, General T&T, International, Politics, USA

Slash subsidies, prioritise spending

2 Comments

By Raffique Shah
August 14, 2011

Raffique ShahA WEEK sometimes feels like eternity in today’s fast-paced world. When I wrote last week’s column—”Jam Them!”—for which I received lots of jamming, Standard and Poor’s downgrading of America’s credit rating, and the almost instant global fallout, had not yet happened.

How was I to know that parts of London and other cities in England would erupt into mayhem?
Continue reading Slash subsidies, prioritise spending →