Claire Fitzpatrick

HERITAGE CEO: BPTT regional president Claire Fitzpatrick, left, greets newly-appointed Heritage Petroleum Company Ltd CEO Arlene Chow at Wednesday’s presentation of the BP Statistical Review of World Energy 2019 at Hyatt Regency, Port of Spain.

OPPOSITION MP Dr Roodal Moonilal says the way in which Arlene Chow, interim chief executive officer at Heritage Petroleum Company Ltd, was hired is suspicious and could be illegal.

“We have nothing against Arlene Chow, we don’t know this goodly lady, we cannot say anything bad about her, some of us don’t even know what she look like, in fact she could be sitting down here now, we don’t know her,” said Moonilal as he made it clear that at issue is the process used to hire Chow.

RECOMMENDED FOR YOU

TRINIDAD’S restaurant industry has taken a severe hit due to the Covid-19 pandemic, and will not be able to survive another lockdown.

That is the view of several restaurant owners, who have noted that in-house dining has slowed down significantly, and they are only managing to survive through delivery orders.

Trinidad and Tobago is in a depression.

That’s the conclusion of economist Dr Roger Hosein.

He observed that 2016-2020 were contraction years in the economy, which foreshadows that by the end of 2020, the country’s Gross Domestic Product (GDP) will be 15 per cent smaller than it was in 2015.

BASKET in hand, 62-year-old Laventille resident Frederick “Hunter” Cummings has been selling crochet masks outside Central Market, Beetham Highway, and on the Brian Lara Promenade, Port of Spain as part of his contribution to the national fight against the Covid-19 pandemic.

AS Financial Technology (Fintech) alters the attributes of financial services and market structures, financial regulation is also adapting. Among other things, Fintech products and service providers are streamlining business processes, which allow customers the opportunity to fulfil their financial service requirements through non-traditional online channels which are generally considered to be more user-friendly.

Members of the business community are bracing for more economic fallout caused by the Covid-19 pandemic and are calling for meaningful discussions with Government on the way forward.

Prime Minister Dr Keith Rowley on Monday night declared victory in the general election, with his ruling People’s National Movement capturing 22 seats compared to the Opposition United National Congress’ 19.

The Trinidad and Tobago Chamber of Industry and Commerce launched its annual Champions of Business Awards last week, opening the period of nominations for 2020. The awards programme is a celebration of business excellence in Trinidad and Tobago and is designed to recognise and acclaim the outstanding and exemplary contributions of Trinidad and Tobago’s top business leaders and companies, and inspire others to strive towards the highest standards in corporate life.