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« 2017-04-20 Thu
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The man leans against his car. He is wearing a TOFCO working polo over his safety gear. This is on La Brea junction, where the road splits, right to go deeper into the community, left to go to the famed Pitch Lake where legend has Raleigh caulking his ships all those centuries ago.

Property tax, in its simplest terms, can be defined as a levy on the value of a property and is usually calculated after an appraisal of the monetary value of each property is done, with the tax assessed in proportion to that value.

While there has been concern for several years about our increasing “consumer lifestyle” and a food import bill that reportedly runs close to TT$4 billion, there was recently a degree of outrage expressed regarding a potential increase in the grocery bill of the average householder.

I won’t be going for the easy layup, “taxing times for Trinidad and Tobago.” The decline in oil prices and a contracting economy made that true before the announcement of the new property tax came to dominate discussion in the past week.

I recently returned from a rather remarkable sojourn into the Middle East, where both the journey and destination proved both rewarding and awe inspiring.

It has been reported that, at the International Monetary Fund (IMF) Spring meetings, Director of the Western Hemisphere department, Alejandro Werner, argued that exchange rate flexibility has served the region well and should remain the first line of defense against shocks. He further stated that well-established monetary policy frameworks in the r(...)

There has been significant growth in the number of companies using closed-circuit television (CCTV), also known as video surveillance, in areas that have higher risks of property loss, damage or human injury which drive up business costs. Bars, banks, casinos, schools, hotels, airports, hospitals, parking lots and public transportation areas, rest(...)

The 2008 financial crisis not only wiped out billions in wealth and millions of jobs, but also negatively impacted birth rates around the world as many couples found themselves either unemployed or too unsure about their financial health to have children. The birth rate in Trinidad and Tobago has also suffered a drastic fall, from over 39 per thous(...)

Anyone familiar with this country’s energy sector knows about TOFCO, Trinidad Offshore Fabricators Unlimited, and the range of services it provides in fabrication, construction and offshore services.

Plans to partially divest Trinidad Lake Asphalt (TLA), announced in the 2016 - 2017 budget, may no longer be necessary, following management’s “proactive” efforts to increase production capacity and efficiency, launch new products and enter new markets.

Caribbean Gas Chemical Limited (CGCL), the company responsible for constructing the US$990 million Methanol and Dimethyl Ether (TMD) plants in La Brea, is looking to hire staff at a time when most others in the energy sector are not.

Shimone Anthony studied Information Systems and Management, completed the program in 2011 and began looking for a job.

Gavin Charles has been a tour guide at the Pitch Lake for the past 15 years and has showcased the area to visitors from places as varied as Somalia, South Africa, Nigeria, Russia, Holland, Caribbean countries and the US and Canada. “The majority of visitors from the US and Canada have heard of the Pitch Lake from friends and family,” he notes, “but(...)

This unique firm, based in La Brea, specializes in the business of detection dogs – whether the dogs need to be trained for explosives, illegal narcotics or even to detect other human beings in areas where they should not be. Marlon Scott points out that they have the best resources to be of service to the Government and though they have mounted se(...)



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