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T&TEC weighing down NGC
Posted: Thursday, March 4, 2021
T&TEC weighing down NGC
The state-owned company lost $316.2 million for the first six months of the 2020 financial year, however during a Public Accounts (Enterprises) Committee (PAEC) meeting yesterday, NGC Chairman, Conrad Enill, defended the company's performance. He indicated that there were factors outside management's control that contributed to its inability to make a profit last year. These factors, Enill said included the issue of subsidized gas and a $5.6 billion dollar debt by the Trinidad and Tobago Electricity Company (T&TEC).
PM still non-committal on when T&T borders will reopen
However, it seems this could well come after the majority of Trinidad and Tobago's population and those of some of the major countries have vaccinated the majority of their populations against the COVID-19 virus.
Scotiabank sells Guyana assets to First Citizens
In a release Wednesday, the Canadian multinational said the agreement is subject to regulatory approval and customary closing conditions. The value of the transaction was not stated.
Prestige's $18M loss explained
The chairman's report revealed that in 2020, the company's group revenue decreased by 19 per cent to $897 million from $1.11 billion which resulted in a loss before tax of $15.7 million.
99 active, 6 new covid19 cases
There are 14 people in hospital, five patients in step-down facilities, 365 in state quarantine and 74 in home isolation.
Workplaces, gatherings responsible for COVID-19 clusters
Plant Trinbagrow - Pan Trinbago aims for financial sustainability
THERE was no allocation to special interests groups in 2021 because there was no Carnival. The governing bodies of mas, pan and calypso had to find alternative ways of raising funds to carry on its business for the year.
National Seed Bank reaps what it sows
The seed bank is approximately 100 acres with 50 acres designated to farming land. At any given time, there are several crops planted. At the time of interview, there were cassava, ochro, sweet potato, bodi, corn, pigeon peas and sorrel.
Pollard smashes six sixes in an over
Kieron Pollard smashed six sixes in an over of Akila Dananjaya to lead the West Indies to a four-wicket win over Sri Lanka in the 1st T20I at Coolidge on Wednesday.
Griffith scores highly in performance survey
The online survey was conducted by international market research and analytics consultant Akilah Procope on behalf of the PSC. It polled some 1,341 people over 18, omitting persons who were members of the Police Service, and was conducted between January 23 and 30th.
Judge orders late doctor's lover out of home they shared
In an oral ruling following a virtual trial on Thursday, Justice Frank Seepersad found there was a relationship between Springer and Singh, but that he made no provisions for her, nor did he leave her in his will the house they shared or the car she said he bought for her. The judge also had some harsh words for the dead doctor, saying Singh "used her and had a good time with her," while he described her as being naïve and besotted by the wealthy older doctor. Singh died of a heart attack.
Woman killed 24 hours after complaining of physical abuse
Less than 24 hours after 53-year-old Karen Rauseo complained that she was being physically abused, her battered and bruised body was found yesterday in her apartment.
Man charged for raping neighbour
According to the police on Monday, July 1 2019, the victim saw his neighbour standing in his yard. The neighbour offered the man $100 and asked him to perform a sex act on him.
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