Geological Map of Tobago

The Southern Tobago Fault System running through what used to be the Sandals development site.

CONTRARY to what Prime Minister Dr Keith Rowley had promised, it is the hairy-leg crab of the Buccoo Reef Marine Park (BRMP) and Bon Accord Lagoon that has emerged as victorious in the battle with Sandals for Buccoo.

Sandals and the T&T Government—which, it seems, was willing to do or give whatever was requested of it in order to keep the purveyor of all-inclusive holi­days onboard—made the wrong decisions from the start and has only itself to blame for what turned into a failure.

In 2016, Sandals’ Butch and Adam Stewart were flown around Tobago in a helicopter and given the opportunity to pick the best site for the resorts. They were shown Englishman’s Bay, but decided it was too far from the airport. They were not offered the loss-making, Government-owned Magdalena Grand.

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THE SIGHT of gloved young men in masks delivering groceries to people at their front door may become more frequent in your neighbourhood.

MASTERCARD, the American network payment processing giant, has signed a multimillion dollar, multi-year and multi-country non-equity investment in T&T’s WiPay, which will lead to the roll-out of a new virtual card by the end of April.

WITH even further restrictions placed on the movement of citizens from Monday, due to the COVID-19 pandemic, people who are searching for new food options can do so through an app and have the items dropped straight to their doorstep.

Trinidad and Tobago Securities and Exchange Commission (TTSEC) is charged with reviewing and investigating all complaints and ‘tips’ received in relation to the securities industry, including, but not limited to, those made against broker-dealers, investment advisers, underwriters, reporting issuers and self-regulatory organisations.

“LAST week’s economic forecast is out of date, and no one can be sure what the future holds”, said Bill Conerly, business-focused economist at the Forbes Magazine. These sentiments encapsulate the situation in which most nations’ economies currently find themselves, primarily due to the emergence of the highly contagious novel coronavirus (COVID-19) around the fourth quarter of 2019. As of now, by the first quarter of 2020, it has spread to virtually every country across the globe.

WHEN all is said and done, the global pandemic we are currently experiencing will have taught us many vital lessons for conducting and sustaining business in the 21st century.