Turtle Beach

Turtle Beach is one of the widest beaches in Tobago, Plymouth villagers say.

SUNWING Travel Group, the Toronto, Canada-headquartered tour operator, is proposing to invest at least US$100 million ($680 million) in Tobago to create a 325-room, all-inclusive resort in the location on Courland Bay on Tobago’s east coast, which was once occupied by Turtle Beach Resort.

In a transaction called a “strategic alliance,” Sunwing acquired the Tobago property as part of its acquisition of five Rex Resort properties in the Caribbean, comprising Barbados, Antigua, St Lucia, Grenada and Tobago.

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FINANCE Minister Colm Imbert is assuring that the Office of Procurement Regulation would still have the power to investigate government-to-government arrangements after Government makes “slight” amendments to Section 7 of the Public Procurement and Disposal of Public Property Act next month.

A CALL has been made for Government to take immediate action on campaign finance reform and implementing the public procurement legislation.

Without these two pieces of legislation, says the Trinidad and Tobago Transparency Institute (TTTI), this country’s scoring on the Corruption Perception Index (CPI) will remain stagnant.

Publicly listed TTNGL’s profits declined last year because the international prices of its three products—natural gas liquids propane, butane and natural gasoline—have tumbled, said Dominic Rampersad, president of Phoenix Park Gas Processors Ltd (PPGPL) yesterday.

EXPORTT, this country’s official export facilitation organisation, has started to think of Cuba as a critical “gateway market” to the rest of Latin America.