Vendors at Library Corner

VESTED INTEREST: Vendors at Library Corner, San Fernando, listening attentively to the 2020 budget presentation by Finance Minister Colm Imbert via a portable radio yesterday. 

South and Central Chambers of Commerce commented on the 2020 budget presentation made by Finance Minister Colm Imbert yesterday.

President of the Greater San Fernando Chamber of Commerce Kiran Singh said, on preliminary review of the presentation, the chamber noted the minister’s intention to bring forth a bill on the gaming and gambling.

He welcomed this initiative and said this is a much-needed regulatory tool to deal with white-collar crime.

Singh said the parking meter system announced by the minister has been advocated by the Chamber for a long time. He said this will ease the burden of the parking woes for patrons, shoppers and business owners in the downtown area of San Fernando.

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“What we had hoped for in the address was a plan for a parkade which was recently announced by the Attorney General (Faris Al-Rawi). San Fernando is in desperate need of parking to facilitate the inflow of citizens in our City. We noticed that the minister gave honourable mention to the San Fernando Waterfront Development project. We are aware that plans are at an advanced stage in the commencement of this mega-project, however, we were not given a start date. This development is desperately needed for commercial and economic activity in the southern region,” he said.


US-based travel and hospitality conglomerate, Apple Leisure Group, has been chosen to run Tobago’s 198-room Magdalena Grand Beach and Golf Resort. Finance Minister Colm Imbert revealed yesterday that Apple Leisure was chosen from among a few foreign hotel operators.

IN PRESENTING the 2020 budget on Monday, Finance Minister Colm Imbert indicated that T&T was reaching the end of the ten-year road called CLICO, the insurance company that collapsed at the end of January 2009.

FOUR YEARS after Compass Café opened its flagship store at 142-82 Rockaway Blvd, New York, USA, Compass Café TT opened its doors promptly at 10 a.m. on Saturday at 1047 SS Erin Road, Debe.

Head of The University of the West Indies Cocoa Research Centre, Prof Pathmanathan Umaharan envisions that one day Trinidad and Tobago would be well-known not only for its fine cocoa, but for its chocolates.

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.

RANGE Resources, an international company with oil and gas projects and oilfield service businesses in Trinidad and Tobago, says in its annual report for the 12 months ending June 30, that its focus continues to be on low-cost production activities, as well as completion of infrastructure modernisation.