There are critical areas that need to be examined when it comes to fostering the holistic growth of micro, small and medium-sized enterprises
T&T may be at the stage where it is behind the eight ball in terms of artificial intelligence (AI) trends…
Members of the business community are frustrated and fed up with the recent spate of killings in the country. Business owners told Guardian Media yesterday that not only are they unhappy with the constant loss of lives, but they have been left daunted as the country’s economic future is under threat by gun-toting criminals.
The Trinidad and Tobago Coalition of Services Industries (TTCSI) is also raising concern regarding last week’s revelation that the Government withdrew US$160.38 million ($1.09 billion) from the Heritage and Stabilisation Fund (HSF) on December 18, 2023.
The Trinidad & Tobago private sector has always responded to disasters, both here in T&T and throughout the Caribbean. We have provided relief items, equipment, supplies and expertise in post-disaster situations, working with national authorities, our private sector partners in other countries and respected NGOs.
The Trinidad and Tobago Chamber of Industry and Commerce (T&T Chamber) commends the Minister of Finance for his comprehensive address during the 23rd Sitting of the House of Representatives. The Mid-Year Budget Review – Finance (Supplementary Appropriation) (Financial Year 2024) Bill, delivered today, outlines key economic initiatives for the fiscal year 2024, which the T&T Chamber views as crucial for stimulating economic growth and development in our country.
As we approach the mid-year budget review, we anticipate that the Finance Minister will focus on providing a comprehensive update on the state of the economy. Given the nature of this review, significant changes to fiscal measures are unlikely.
The Trinidad and Tobago Chamber of Industry and Commerce (T&T Chamber) supports effective tax compliance mechanisms for businesses. Various methods are available for settling taxes with the Board of Inland Revenue (BIR), including electronic transfers via TransACH and SafeTT, and physical payments using debit cards, cheques, or cash. Non-residents can utilize the BIR’s wire transfer facility.
In response to the renewal of Ms. Erla Harewood-Christopher’s contract as Commissioner of Police (CoP) for another one-year term, Ms. Kiran Maharaj, President of the Trinidad and Tobago Chamber of Industry and Commerce (T&T Chamber), highlighted the importance of providing the necessary resources, support and processes for effective solutions in addressing the escalating crime challenges in Trinidad and Tobago.
The Honourable Dr. Keith Rowley’s visit to the Republic of Ghana marks a significant milestone in the relationship between the two nations, promising mutual benefits to strengthen bilateral ties and explore avenues for economic collaboration.