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Govt withdraws US$510.8M
Posted: Sunday, July 12, 2026
Govt withdraws US$510.8M from Heritage Fund in six months
The report said: "During the quarter, US$260.78 million was withdrawn from the Fund under Section 15 of the HSF Act (2007) for the financial year 2023/2024."
It said the Fund sold assets from the US Core Domestic Equity mandate to meet the withdrawal.
The same report showed the Fund remained outside its approved investment range.
PriceSmart borrows US$20.8M to address T&T forex crunch
PriceSmart Inc's Trinidad subsidiary increased its borrowings by a further US$20.84 million during the third quarter ended May 31, taking another step to secure US dollar liquidity for its local operations as foreign exchange (FX) constraints remain a feature of doing business in T&T
AG's son named deputy chair of PowerGen
He joins chairman Jasodra Rampersad and directors Omesh Ramberran and Hardeo Bahall on the new board, which the Ministry of Public Utilities described as "another significant step in the Government's commitment to strengthening governance, enhancing accountability and securing a resilient and sustainable energy sector".
Reimagining the Republic: Measuring Tobago's true worth
Before we can re-imagine the Republic, perhaps we should first revalue it. For generations, one of the most persistent questions directed at Tobagonians who speak of autonomy has been brutally simple: What does / did Tobago bring to the Union?
Dr Teelucksingh: It only takes a minute—how to help your children survive school holidays
Balisier House case could test unexplained wealth laws
Lakhan said the matter could provide the courts with an opportunity to further define the scope and operation of legislation that remains relatively new within Trinidad and Tobago's legal landscape.
"What distinguishes the Balisier House matter is that, to my knowledge, this is the first reported use of Trinidad and Tobago's unexplained wealth legislation in proceedings concerning a political party," she said.
'The lies ruined my life'
One of the men detained in 2011 for allegedly plotting to assassinate Prime Minister Kamla Persad-Bissessar and other members of the government says he still expects compensation for the wrong that was done to him.
Vandals strike again in Fairfield
Hundreds of residents from Fairfield, Princes Town are at risk of being affected by Saturday's shut down of the wastewater treatment plant in the area, following the theft of electrical cables.
Days after turning 52, hiker dies on Blanchisseuse trail
Renold Ramdial, 52, of St Croix Road, Princes Town, was pronounced dead when taken to a medical facility for treatment.
'I never beat my daughter': Autopsy on girl finds wounds, strangulation
The father of a 14-year-old girl found dead in her bed, in what was first suspected to be a suicide, has reacted with 'horror' to the autopsy results, which found she was beaten and strangled.
Shopping trip turns violent for 69-year-old woman
Police said the incident occurred around 1.35 p.m. at the south-eastern end of the shopping centre's car park. The woman told officers she had just exited her vehicle when a man approached and grabbed her handbag from her shoulder.
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