Tag Archives: economy

Good day, former Petrotrin worker. Today marks the end of life as you knew it for the past whatever number of years you worked proudly for Petrotrin. Today, you awake with an emptiness deep in your soul and a lack of clarity about your future. You are not even assured that …

Recent events in Trinidad and Tobago like the closing of Petrotrin and many other examples have signalled that we are in crisis. For some, we are seeing a crisis of leadership, for others, we are seeing a crisis of governance. It is hard to deny that our future is uncertain. …

“So the logical question is: why don’t our governments fix the state enterprise governance system? The answer is partly because it sustains political patronage and corruption, partly because it buys off the trade unions, and partly because of inertia—fixing things that don’t appear to be broken simply isn’t worth the …

“The workers must not however be the only or even the first victims of the collapse and closure of the refinery. “We, the taxpayers need reassurance that the architects of this financial disaster are made to pay a price commensurate with the scale of their failures—be they directors or Cabinet …

“I ask you to recall that in January 2017, in an address to the nation, I invited you to turn your attention to the troubling state of affairs at Petrotrin… “It is with mixed feelings, one of sadness and of resolve that I return to this issue today… Inevitably we …

At least 1,700 workers are reportedly about to lose their jobs at Petrotrin without reprieve because the money-losing oil refinery at Pointe a Pierre is being shutdown. These workers recently had the benefit of an interim five per cent pay rise conceded in response to strike notice given in January …

Uber T&T: “We believe that there is a lack of a proper environment for innovation and technology to thrive in Trinidad and Tobago…” T&T Government: “[…] The protection of our locals and of our economy should never be subjected to arbitrariness and lack of transparency.” The following are releases from …

“Thanks to State intervention in almost every sector of the economy over the years, we have developed and enjoyed a comfortable standard of living subsidised by the State… That has provided real opportunities for many as well as lifted large segments of the population out of poverty. “However, it has …

The lighting issues at the Hasely Crawford Stadium (HCS) country’s major stadium are expected to be resolved in time for the Carifta Games trials, scheduled to commence on 3 March. In fact, the country’s major stadium should be back to full functionality by the end of February. This is the …

“Police burned millions of dollars worth of marijuana plants,” announced a newspaper headline last week, not for the first time. Not for the first time, we dismissed the story simply as the drug rings at it again and went on with our business and our lives. But what if we …

“There remains a large volume of work which is incomplete for lack of resources and I am acutely aware that several persons remain disappointed with the lack of progress on their ideas and proposals. “[…] My own expectations of high-level engagement followed by swift implementation on these and other policy …

Just three weeks before Christmas, employees at the Sports Company of Trinidad and Tobago (SPORTT) have been advised by acting CEO Jason Williams to “actively explore alternative employment.” The advice, sent to staff via email, follows weeks of speculation about the financial health of the State body. Williams confirmed that …