News
CBTT should look into bank fee hike, says economist
11+ hour, 15+ min ago (347+ words) Economist Dr Ronald Ramkissoon Ear'li'er this week, T&T's largest bank, Re'pub'lic Bank Ltd, an'nounced it would be in'creas'ing fees for sev'er'al bank ser'vices. Ac'cord'ing to the bank's web'site, the ad'just'ments will take ef'fect on Fri'day, May 1, 2026. While sev'er'al busi'ness…...
Decisive economic reforms needed
6+ day, 20+ hour ago (690+ words) As the oil boom waned, for'mer prime min'is'ter George Cham'bers ad'mon'ished cit'i'zens, "Fete over, back to work" at the end of the 1982 car'ni'val sea'son. It was an ur'gent call to boost pro'duc'tiv'i'ty and eco'nom'ic out'put to counter the loom'ing down'turn....
Central Bank reports rising food prices but improved fiscal performance
1+ week, 3+ day ago (530+ words) Central Bank Governor Larry Howai Trinidad and To'ba'go record'ed a mod'est rise in in'fla'tion in 2025, dri'ven large'ly by high'er in'ter'na'tion'al food prices, even as im'proved en'er'gy rev'enues helped nar'row the coun'try's fis'cal deficit, the Cen'tral Bank has re'port'ed. In its…...
Central Bank Unveils Vision for 2031 with New Strategic Roadmap
3+ week, 3+ day ago (545+ words) The Central Bank tower in the background, at the Eric Wiliams Financial Complex on Independence Square in Port of Spain. The Ministry of Finance tower is in the foreground. The Cen'tral Bank of T&T (CBTT) has of'fi'cial'ly en'tered a…...
Unions happy after NUGFW gets 10% increase
1+ mon, 23+ hour ago (462+ words) Some trade unions have en'dorsed the Na'tion'al Union of Gov'ern'ment and Fed'er'at'ed Work'ers" (NUGFW) agree'ment with the State for a 10 per cent wage in'crease, 60 per cent of which will be paid in non-cash ben'e'fits. The agree'ment, which cov'ers the 2014-2019 bar'gain'ing…...
Analysts: Prolonged war could devastate living standards in T&T
1+ mon, 2+ week ago (667+ words) The war waged by the Unit'ed States and Is'rael against Iran could neg'a'tive'ly im'pact liv'ing stan'dards in T&T, as it could re'sult in high'er food prices, in'creas'es in the price os gaso'line and pos'si'bly an ero'sion of the coun'try's…...
First Citizens customers: Lower card limits equal higher prices
2+ week, 6+ day ago (529+ words) First Cit'i'zens" de'ci'sion to cut US-dol'lar cred'it card lim'its will hurt SMEs im'me'di'ate'ly and hard, an'a'lysts and SME busi'ness'es said Fri'day, as they com'ment'ed on the most re'cent low'er'ing of US-dol'lar spend'ing lim'its by a lo'cal com'mer'cial bank. From March…...
Roberts pushes back against PM's "ghost project' claim
3+ mon, 16+ hour ago (323+ words) Ari'ma Bor'ough Cor'po'ra'tion Deputy May'or Jo'van Roberts says no Peo'ple's Na'tion'al Move'ment (PNM)-led re'gion'al cor'po'ra'tion is un'der probe for al'leged cor'rup'tion - but there have been is'sues in two Unit'ed Na'tion'al Con'gress (UNC) cor'po'ra'tions. Roberts al'so says sev'er'al PNM cor'po'ra'tions…...
Central Bank changes leaders without missing a beat
3+ mon, 4+ week ago (961+ words) In 2025, the Cen'tral Bank of T&T (CBTT) ex'pe'ri'enced a ma'jor shift in its ad'min'is'tra'tive and fis'cal di'rec'tion, large'ly dri'ven by a change in lead'er'ship dur'ing a pe'ri'od of com'plex eco'nom'ic re'cov'ery. This tran'si'tion reached a turn'ing point on June…...