News
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OAS urging helps focus on T&T party funding
PORT OF SPAIN, Trinidad – Trinidad and Tobago should not need the Secretary General of the Organisation of American States (OAS) to admonish this country about the dangers to good government and to democracy posed by political funding. Miguel Insulza has been the latest high official to mount a bully pulpit on the subject, addressed to political parties and ruling…
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Attorney General urges support for anti-money laundering legislation
GEORGETOWN, Guyana, CMC – The Guyana government is seeking support for the passage of amendments to the Anti-Money Laundering and Financing of Terrorism Act, warning it is in the country’s interest and should supersede political interest. Attorney General and Legal Affairs Minister, Anil Nandlall, in an interview broadcast on the state-owned National Communication Network (NCN), said it is important for…
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Government pumping millions into ICT sector
MONTEGO BAY, Jamaica, CMC – The Jamaica government is pumping an estimated US$20 million in the development of the information communication technology (ICT) sector, Science, Technology, Energy and Mining Minister Phillip Paulwell has said. “Jamaica is on a growth trajectory once more. We are seeing expansion taking place, especially in Montego Bay, and we want to facilitate and encourage that.…
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Prime Minister to outline budget measures on Tuesday
CASTRIES, St. Lucia, CMC – Prime Minister Dr. Kenny Anthony will Tuesday provide details of his administration’s fiscal policy for the next 12 months when he presents the national budget to Parliament. The government is expected to table an EC$1.3 billion (One EC dollar = US$0.37 cents) fiscal package and has already indicated that the recently introduced value added tax…
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Caribbean Challenge Initiative to address environmental threats to the region
The Caribbean Summit of Political and Business Leaders, May 17-18, will bring together heads of state and corporate executives to launch Phase II of the Caribbean Challenge Initiative (CCI) to address environmental threats to the Caribbean region. With the goal of protecting 20 percent of the Caribbean’s marine and coastal resources by 2020, the CCI is among the most ambitious…
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DON’T BLAME ME
PORT OF SPAIN, Trinidad – Former controversial Caribbean Airlines (CAL) chairman George Nicholas says he’s not to blame for the company’s present financial state. The six-year-old airline, of which Nicholas was the chairman for 16 months, has been in the red for the past three years and has suffered millions in losses and write-offs during the same period. Nicholas’s response…
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Rowley: Air Jamaica bleeding T&T ‘like a chop neck’
PORT OF SPAIN, Trinidad – Opposition Leader Dr Keith Rowley said yesterday Air Jamaica was bleeding Trinidad and Tobago “like a chop neck”. “Right now nobody knows what the Minister of Finance is doing by bankrolling CAL. All he is doing is giving them permission to go and borrow money short term. As of now we don’t know how much…
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