Infrastructure $$ used to fund Petrotrin lay-offs

The National Gas Company (NGC) and Proman Trinidad have announced the resumption of an interim gas supply arrangement to facilitate the restart of Methanol Holdings (Trinidad) Ltd’s M4 and M5000 methanol plants at Point Lisas.

COVID-19 has been perceived as a global negative shock hurting all sectors and markets. However, many companies are adjusting and developing innovative strategies to survive and grow their businesses. Some of the changes in the international environment have opened the way to new opportunities and improved access in Trinidad and Tobago’s (T&T) traditional export markets for both our goods manufacturers and service providers.

DIVERSIFYING the local economy and attracting investors to set up shop in this country is one of the key drivers of economic recovery. One company that is playing its part in diversification is the Trinidad and Tobago International Financial Centre (TTIFC).

Ulric Weekes always had an entrepreneurial streak.

Many people in his life had written him off as a failure before the age of 18.

With no money and limited options, Weekes was determined to make his dream of having his own business a reality. All he had was his faith and his desire to do better with his life.

IN AUGUST 2018, a company called Cornerstone Investment, founded by a Jamaican named Paul Simpson, then 34 years old, offered to buy 75 per cent of Jamaica’s oldest brokerage firm, Barita Investments, for the princely sum of J$3 billion at J$9.20 a share.