Trinidad News, Tobago News

Welcome to Breaking News Trinidad and Tobago
Wednesday, May 24 2017 @ 11:09 PM AST

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S&P holds negative outlook on MHTL

S&P holds negative outlook on MHTL

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Despite getting less money for it, T&T natural gas exports to US increasing

...while locals lose jobs due to 'shortage'-driven plant shutdowns

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Caribbean Development Bank: Trinidad & Tobago economy contracted -5% in 2016, 1% forecast for 2017

Excerpts from the Caribbean Development Bank's (CDB's) Economic Review 2017 released April 25, 2017:

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Unit Trust actually made 30% more money last year than it did the year before

In 2016 vs 2015...

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Busy trying to tax people with houses, Govt neglects people without

Trinidad and Tobago has the Caribbean's second worst housing deficit, a new IDB study shows.

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KFC franchise holder: Higher costs eating away profits

Higher costs are eating away profits of the country's most ubiquitous fast food chain, KFC, local franchise holder Prestige Holdings Limited Chairman Christian Mouttet said last week (April 26) in his annual report to shareholders. Although the company increased sales (revenue), it saw a 21 per cent decline in profits thanks to the macroeconomic environment.

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Methanex not lifting gas supply expectations from Trinidad on Juniper

"In Trinidad, our share of production was 396,000 tonnes in the first quarter of 2017 compared with 455,000 tonnes in Q4 2016.
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Ultimate owners of reg'd companies in Bermuda spared public disclosure

UK legislation in the House of Lords that would have forced Bermuda to make public a long standing register of corporate beneficial owners, has been withdrawn, the Government of Bermuda said in an April 28 statement.

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Fitch affirms Aruba's investment grade

Aruba had its investment grade rating re-affirmed as sovereigns came up for review at the world's leading credit rating agencies Standard & Poor's and Moody's Investors Service and Fitch Ratings.

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Solar company reg'd in Cayman Islands increases borrowing from 7.2m to 10.3m

Director Jamie Storrow resigns leaving solely Matthew Austin Woodeson as sole director.