This week, the most important business news story was not the $2 that KFC wants to levy for their condiments, nor the shenanigans surrounding the Cabinet reshuffle. The week’s critical story was the release of the IMF 2021 Article IV Consultation Report. To reduce the Report to a sound bite, ‘our …
Read More »Demming: Thanks for transparency, Imbert; now we need repercussions for Scoon party boat
‘When the lights go on, the cockroaches scatter’, is what popped into my mind when I read about the Ministers of Finance, Health and Trade and Industry, the Attorney General and the Adrian Scoon party boat issue. A special restaurant licence was issued to businessman Scoon without the approval of …
Read More »Imbert tried to stop Scoon’s ‘special restaurant licence’, Govt opens investigation as Finance Ministry breaks ranks
How did party promoter Adrian Scoon get a special licence to hold a boat party on MV Ocean Pelican on Boxing Day? Minister of Finance Colm Imbert today appeared to break ranks with Cabinet colleagues over the controversial boat party as he revealed that he instructed the Ministry of Finance …
Read More »Dear Editor: Unfair treatment between residents of Trinidad and Tobago cuts both ways
“[…] Tobagonians are free to apply for HDC housing in Trinidad. However, no Trinidadian can ever apply for housing in Tobago under the THA as constituted, not even if you are of Tobagonian parentage. As a consequence, several Tobagonians are the proud owners of houses in Tobago as well as …
Read More »Demming: Why SMEs like Splice Studios are the real test of our ‘Roadmap to Recovery’
So the dream of Splice Studios is no more. If Abigail Hadeed—with her brand recognition, contacts, creativity, and privilege, could not navigate to save her business during this pandemic—then tell me who can. Just reading her post was painful: ‘Thank you all who have shared, supported or created at Splice …
Read More »Dr Farrell: No Sacred Cows revisited; understanding the PNM’s assault on Central Bank
“[…] The PNM administration seems allergic to institutions which are independent within the executive and run by unelected persons. “It is clearly one of the reasons for the pre-emptive assault on the Office of the Procurement Regulator rendering it a eunuch, so that the hands of elected ministers will not …
Read More »Noble: Quo Vadis, Trinidad? A wide view of exchange between Faria, Hinds and Dr Rowley
As adopters of social media and smart phones, we reveal a lot about ourselves each day. We tell the world about our likes and dislikes, habits and families via Facebook and Twitter. We even disclose our travel plans to persons we do not know via Waze and Google. We expose …
Read More »An ‘exceptionally difficult’ year! Imbert on salary grants, public aid and ‘recalibrated’ budget
“[…] Trinidad and Tobago is not only impacted by the economic consequences of Covid-19; but as an oil-and-gas exporting country, the economic, financial and social consequences have been further compounded by the dramatic drop in oil and gas prices. The worldwide demand for crude oil has crashed in the context …
Read More »Dear Editor: State’s belligerence to FOIA requests drove up my legal costs, not greed
“Had the information been disclosed upon my request the State would not have incurred any legal costs… It was the Minister’s and Cabinet’s refusal in the first place and belligerence in the second place that cost the State over $400,000 in legal fees and not my attorneys trying to milk …
Read More »‘Inexcusable delay;’ Judge says no to FoIA information for fired Rambarran
“Mr Rambarran was found by the Court to be guilty of NON-DISCLOSURE in filing his claim. In his media release of December 26th, 2015, he failed to disclose that he had been invited to meetings with the Minister of Finance prior to the revocation of his appointment. Additionally, in his …
Read More »Shhhhhh! The stony shell of silence that surrounds Sandals’ entry into the sister isle
With the support of my colleagues from Disclosure Today, I have been conducting research into the underlying commercial arrangements for the State-owned hotels in T&T. Those are the decisive details which drive projects of this nature and from which the substantial public benefits ought to flow. The unhelpful responses from …
Read More »AV Room: e-CON-omics 101: Budgeting should be from bottom up, not top down
So the Finance Minister’s budget presentation is over; we all now know the major highlights. I make no apologies for not offering any red or yellow-tinted responses or comments or analyses. I want to break with the sterile ‘This was good’ and ‘That was bad’ tradition and discuss instead what …
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