Dr Keith Rowley

‘In difficult times’: Prime Minister Dr Keith Rowley speaking to his party’s supporters on Tuesday night at the Pleasantville Community Centre, San Fernando. 

Our ratings have dropped a notch, but we more or less have held our own.

This was the response of Prime Minister Dr Keith Rowley to Tuesday’s downgrade of Trinidad and Tobago by the rating agency, Standard and Poor’s (S&P).

Speaking on Tuesday night at a political meeting in Pleasantville, Rowley said: “Trinidad and Tobago is in difficult times. Remember we were on the brink of collapse, today they reported our rating has dropped one level from BBB+ to BBB. We are still at investment grade...But they have upgraded our outlook from negative to stable,” he said, to applause.

He said the reason for this was because of this country’s stable external profile and stable democracy. “They (the rating agency) also say it reflects on the country’s solid level of Government financial assets and good fiscal and external performance,” he added.


Government has announced a boost for fuel wholesalers and retailers with an increase in their margins for gasoline.

This announcement was made yesterday by the Minister of Energy Franklin Khan during the opening of NP’s newest service station in Arima.

LAVENTILLE-BASED run and bitters producer, Angostura Holdings Ltd’s official commissioning of its new state-of-the-art wastewater treatment facility is likely to result in both the company and its Beetham fenceline community breathing easier.

Last week, we covered how more and more small-scale chocolate producers are coming online. Now we turn to the bright future that cocoa has in Trinidad and Tobago.

A NEW study by the Inter-American Development Bank (IDB) charts a course for a massive infrastructure transformation in Latin America and the Caribbean through gains in efficiency, use of digital technologies, and a focus on quality and affordability of consumer services rather than structures.

AS WE come to the end of our AML (Anti-Money Laundering) series, we would like to discuss two final areas: Wire Transfers and Non-Profit Organisations.