|
NIS to collapse within eight years
Posted: Thursday, September 25, 2025
Actuarial report: NIS to collapse within eight years
THE fund held by the National Insurance Board (NIB) will be completely done within eight years, by the fiscal year 2033-2034, unless significant interventions are made, warned the 11th Actuarial Review of the National Insurance System (NIS) as of June 30, 2020.
PM has two meetings with US on sidelines at UNGA
Prime Minister Kamla Persad-Bissessar is expected to arrive in the United States this evening on her first international trip since taking office, ahead of her participation in the 80th United Nations General Assembly (UNGA) and related events.
US legislators question ExxonMobil tax agreement with Guyana
"Guyana now has the world's highest expected oil production growth through 2035, despite elevated sea levels and other harms to forest ecosystems and local communities," they wrote, saying that the PA, which was only made public after significant public pressure on the Guyana government, "stipulates that ExxonMobil can pocket 75% of the value of oil produced and sold until it has recouped its recoverable contract costs.
"The remaining 25% of production is split between ExxonMobil and its partners and the Government of Guyana. Under Article 15.4 of the PA, the Government of Guyana pays ExxonMobil's Guyana income taxes out of the Government's share of the oil profits."
Hochoy's son: Reward at the end of his journey
Sammy elated, humbled at Medal of Merit
Land for the landless his 'biggest accomplishment'
Hummingbird Gold Medals celebrate legends of Chutney and East Indian music
'I would do it all over again'
Last September, David and fellow Sea Lots resident Dashawn Hamilton, 29, risked their lives to rescue a police officer from a burning vehicle on the Beetham Highway just after 6 a.m.
Sea Lots national awardees urge T&T: Help where you can
Thousands to benefit from TSTT, CWU pension agreement
THE Telecommunications Services of TT (TSTT) and the Communications Workers' Union (CWU) have signed a memorandum of agreement (MOA) designed to resolve decades-long pension issues affecting some 2,500 employees and retirees.
T&T signs on for 50 in 5
"The 50-in-5 initiative is a global collaboration that promotes international cooperation and the exchange of best practices and technologies. Its goal is for 50 countries to design, implement and scale at least one component of their DPI within five years."
As part of the initiative T&T will join a growing coalition of forward-thinking nations, including Bangladesh, Estonia, Jamaica, Malawi, Norway, Singapore, and Zambia.
'Crypto ban will stifle innovation, undermine FDI'
The Government's proposed Virtual Assets and Virtual Asset Service Providers Bill 2025, which seeks to ban the purchase, sale, exchange, or transfer of cryptocurrencies, including Bitcoin, until December 31, 2027, has drawn sharp criticism from the local fintech sector.
Central Bank supports ban on virtual assets
DESCRIBING the Virtual Assets and Virtual Asset Service Providers Bill, 2025 as a "measured" approach, the Central Bank expressed its support for the proposed bill, which seeks to ban all virtual asset activity – trading in bitcoin, NFTs and other digital assets – until 2027.
Truck/Backhoe owner shot dead in Valencia amid extortion attempt
Body found hours after woman leaves workplace – Mystery death of cop's mom
MYSTERY surrounds the death of a policeman's mother, whose body was found at the Clifton Hill beach in Pt Fortin on Wednesday morning, several hours after she went missing.
 Send page by E-Mail
|
|
