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NGC profits fall 69 per cent
Posted: Thursday, September 3, 2020
NGC profits fall 69 per cent, cites global challenges
The National Gas Company (NGC) has recorded a $396 million profit after tax for 2019, just under $2 billion lower – or 69 per cent – than what the state gas enterprise recorded in 2018.
Economists: Devaluing TT dollar not the best option
They have argued that a devaluing of the TT dollar would decrease import reliance thereby reducing the amount of forex demanded and increase exports as it becomes cheaper for T&T's external trading partners to purchase. However, economist Dr Vaalmikki Arjoon, has argued that a devaluation of the TT dollar will not yield the expected results of a more competitive economy or a reduced demand for forex and could possibly exacerbate the current situation in the country.
AG clarifies mask law for children over 8, chastises 'smart-man-ism'
'I want to remind, however that the Children Act works in conjunction with this law…Sections 56 and 57 provide that where a child (under 18 years of age) is charged with any offence, treatable by a fine, damages or cost, that the parent, guardian or person with responsibility is the person to who the court will look to for the payment of the fine.'
Ministry reports one more death
The patient was an elderly male with co-morbidities, the ministry said.
Concerns over new swab testing policy
Concerns are again being raised about insufficient testing after the Ministry of Health cut down on the swabbing of asymptomatic primary contacts of COVID-19 positive patients.
Update: Jack Warner is COVID-19 positive
The team was forced to address rumours swirling on social media and via messenger apps that Warner had passed away. Members of his team assured that the former FIFA Vice President was 'resting comfortably' and that the public would be kept abreast of his progress.
Warner hospitalised for COVID-19 treatment
"He is coping. He had a few issues of concern prior to the COVID diagnosis but he is a fighter," the relative said, after social media reports first circulated yesterday that Warner had died before suggesting he was hospitalised on Tuesday for COVID-19.
Covid surge leading to test result backup
Speaking at a virtual media conference on Wednesday, Chief Medical Office, Roshan Parasram stated that there is a surplus of incoming tests to available laboratories in the country. As a result, he said that the Ministry of Health would be attempting to purchase three additional testing machines and kits in the next week
Mixed views on schools' virtual reopening
Makay's makes the mark
Gregory McGuire is one of the country's leading economists and a passionate advocate for local content and diversification. He's also one of the members of the Prime Minister's Roadmap to Recovery committee created to look at strategies for economic resilience. And as the founder of home-grown rum cream brand Makay's, he's practising what he preaches.
Very good Gary: CoP reveals glowing appraisal
Police Commissioner Gary Griffith showed a stellar performance review and approval rating by the Police Service Commission (PSC), according to the results of a recent appraisal.
Top marks for Griffith as crime dips 25%
The CoP said while some people may link the reduction in serious crime to the restrictions imposed since mid-March to prevent the spread of covid19, that was not the case. He referred to a surge in crime in major US cities such as New York, Chicago and Boston to support his claim.
Damages reported in Mausica/Maloney area after thunderstorm
Stormy weather on Tuesday in parts of northeast Trinidad resulted in damages to some homes, a fallen tree and affected electricity lines.
Rain, wind wreak havoc in Morvant
Boy, 10, 'tried to save mother from cutlass-wielding relative'
Relatives added that his father was killed by police several years ago.
Fyzabad teen goes missing
The Trinidad and Tobago Police Service (TTPS) said it is seeking the urgent assistance of the public in locating 13-year-old Cecelia Mathison.
TTPS: Missing man was in Mayaro with friends
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