Colm Imbert

‘We seek clarification’: Finance Minister Colm Imbert, left, is congratulated by his Cabinet colleagues, Planning Minister Camille Robinson-Regis and Minister in the Office of the Attorney General Fitzgerald Hinds, after the presentation of the 2020 budget in Parliament on Monday.

—Photo: Jermaine Cruickshank 

AMCHAM, the American Chamber of Commerce Trinidad and Tobago, has expressed unease over Finance Minister Colm Imbert’s announcement on Monday that Government is increasing expenditure and again planning a fiscal deficit in 2020.

In a release following Imbert’s 2020 national budget presentation, AMCHAM also noted new tax incentives for agriculture but was uncertain as to whether measures in this budget were enough to stimulate the industry.


OILFIELDS Workers’ Trade Union (OWTU) officials said yesterday that the trade union would not stand by and allow about 170 Unilever employees to “lose their jobs, and, worse yet, lose their benefits”.

The Central Bank reported yesterday that T&T’s energy sector experienced further setbacks in the second quarter, with natural gas production falling “primarily due to production curtailments at Atlantic LNG which is a major user of natural gas”.

MAJORITY State-owned telecommunications provider TSTT yesterday became the first company in …

Local astronomer and microbiologist Dr Shirin Haque is among the 2020 lau­re­ates in the An­tho­ny N Sab­ga Caribbean Awards for Ex­cel­lence. Haque was selected for the award in the field of Science and Technology.

HIGH COURT Justice Kevin Ramcharan, in September 2019, aborted an attempt by CL Financial subsidiary, Home Construction Ltd (HCL), to sell two highly coveted pieces of prime commercial real estate, following an objection to the lack of transparency and the failure to properly advertise the properties in the initial sales process by one of CL Financial’s joint liquidators, David Holukoff of the accounting firm, Grant Thornton.