Category Archives: Finance

corruption, Elections, Finance, General T&T, Media, People's Partnership, PNM, Politics, UNC

Behind the promise of a causeway

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By Michael Harris
April 27, 2015 – trinidadexpress.com

CausewayEXTRACT:

But there are more serious issues behind the promise of a causeway.

First of all while there is no question that the UNC did “tief” the PNM promise, we do have to ask ourselves why this particular promise. One answer has to do with what the Government is doing to the Chaguaramas peninsula. According to Planning Minister Bhoe Tewarie, the Government’s plan is to “monetise” the peninsula.
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Finance, General T&T, Law, Media

Al-Rawi: Bounce dog, take it to hospital

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Newsday : April 22 2015

PNM Senator Faris Al-RawiIF YOU KNOCK down a person or an animal, you will have to stop and take them to a hospital or doctor, even if they are unconscious, PNM Senator Faris Al-Rawi said yesterday as he balked at the provisions of new motor vehicle and road traffic legislation.

Speaking during debate of a bill to introduce a new suite of road offences and to implement a Motor Vehicle Authority to replace Licensing Office, Al-Rawi said the legislation was far too voluminous to be considered on the Senate floor.
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Finance, General T&T, People's Partnership, Politics

PM’s Address to the Nation on the Economy

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Prime Minister Kamla Persad-BissessarMy fellow citizens, ladies and gentlemen, good evening.

When we last spoke on the eve of the New Year, 2015, I made a commitment to have this conversation with you.

My commitment came about because of growing turbulence in the global energy sector, and the impact of lower oil prices on economies such as ours.
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Finance, General T&T, Politics

Patriots built bank

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By Raffique Shah
April 06, 2014

Raffique ShahThe cavalier manner in which certain senior officials at First Citizens responded to the legitimate concerns of citizens over aspects of the bank’s Initial Public Offering (IPO) exposed them as not knowing their own history, or caring about public trust that is critical to the success and survival of such institutions.
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Finance, General T&T, Law, Parliament, People's Partnership, Politics

There’s is No Solace in the Land and Building Taxes Regime

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By Stephen Kangal
September 11, 2013

Stephen KangalThe heart and soul, indeed the single most important determining factor in the calculation of the quantum of property taxation for each property is the year in which the requisite rental value -driven valuation was completed and applied. Finance Minister Larry Howai alluded to the fact that by the time residential properties are brought to book again by 2017 the relevant requisite up-to-date valuations will have been completed.
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corruption, Finance, General T&T, Media, Opposition Party, People's Partnership, PNM, Politics

Yes, Prime Minister, a fiasco

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By Winford James
June 12, 2013 – trinidadexpress.com

Dr. Winford jamesNEVER mind Jack Warner’s denial, Prime Minister, it is a fiasco. Warner is focused on the rest of the Cabinet blaming him for it, despite acknowledging, in his usual convenient way, the doctrine of cabinet responsibility, but that is a red herring: it is still a fiasco. You could have said “bacchanal’’, “disaster’’, “catastrophe’’, “debacle’’, “shambles’’, “farce’’, “mess’’, “foul-up’’, or “screw-up’’. Yes, “screw-up’’. Everybody knows your government has been screwing up—monthly, weekly—but I’ll take the Italian word and its conservative figurative meaning: “failure in a performance’’.
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Business, Caribbean, Finance, General T&T, Media, People's Partnership, Politics

Cut CAL to the bone

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By Raffique Shah
May 18, 2013

Raffique ShahIF ANYONE can produce proof that there was a time when this country’s state-owned national airline, in whatever incarnation, made a real profit over a sustained period, meaning at least one year, I would surrender my sanity and vote in the next election. I feel safely insulated from having to do something so unpalatable because I know that in the post-Independence history of BWIA, now CAL, taxpayers who may have never travelled on an aircraft have paid dearly to keep the airline afloat. In the process, they have funded generations of joy riders who are stricken with a stratospheric strain of “gas brains”, and affliction I call “plane brains”.
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Complaints, corruption, Court, Crime in T&T, Finance, General T&T, Law, People's Partnership, Politics

Sir Anthony knocks DPP

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By Andre Bagoo
December 06, 2012 – newsday.co.tt

Director of Public Prosecutions Roger GaspardSIR ANTHONY Colman, chairman of the Commission of Inquiry into the collapse of Clico has described Director of Public Prosecutions (DPP) Roger Gaspard’s application to halt the inquiry or make it private as being “misconceived”, but said it is ultimately up to the Government to decide whether the inquiry should continue in light of a purported start of a police probe.
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Business, Crime in T&T, Finance, General T&T, Labour, Law, Media, Parliament, People's Partnership, Politics, Security

$58B Budget, TT’s Largest Ever

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Finance and Economy Minister Larry Howai
Finance and Economy Minister Larry Howai

By Clint Chan Tack
October 02, 2012 – newsday.co.tt

Finance Minister Larry Howai on the front page of NewsdayPEOPLE who drive vehicles fueled by premium gasolene will pay higher prices at the pump from today. A wide range of hefty tax increases was imposed on the local gaming industry as of yesterday and land and building taxes will return.

However orphans, retirees, special reserve police officers and persons involved in home construction are just some groups in society who will benefit from the country’s largest ever budget which Finance and Economy Minister Larry Howai presented in the House of Representatives yesterday.
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Caribbean, Finance, General T&T, Media, Opposition Party, People's Partnership, Politics

Tell me something good

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By Raffique Shah
September 29, 2012

Raffique ShahI WAS privileged to have known and spent some invaluable time with one of this country’s great thinkers, CLR James. He was in his winter years, mostly lying in bed, but his mind remained razor-sharp. A conversation with “Nello”, as he was fondly called, was worth several high-level lectures at any university, so I extracted the most I could from him during what would be his final sojourn in the land of his birth. Today, I remember him more for his wit than his wisdom.
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