标签: Trinidad and Tobago

特立尼达和多巴哥

  • Digicel, Shell invest $1m in community projects

    Digicel, Shell invest $1m in community projects

    Ten Trinidad and Tobago non-governmental organizations have secured substantial funding through the Digicel Foundation’s Extraordinary Projects Impacting Communities (EPIC) grant program, receiving $100,000 each to implement transformative initiatives over the next 12-16 months. The funding, generously sponsored by Shell, marks the ninth edition of this community empowerment program focused on driving progress in digitalization, environmental sustainability, and community development.

    At a partnership unveiling event held at Hyatt Regency in Port of Spain on December 3, Shell’s Managing LNG Counsel Shaista Ali emphasized the profound impact of community-led sustainability initiatives. “When communities lead sustainability initiatives, the impact excels far beyond any project—it becomes a legacy,” Ali stated. “Together, these areas reflect the kind of future we want to help shape: healthy, innovative, resilient, and environmentally conscious, where people feel empowered to create lasting change.”

    The selected projects demonstrate remarkable diversity and innovation. The Holistic Autism Intervention program by the Southern Muslim Institute for Learning and Enrichment will provide specialized speech, behavior, and art therapy for autistic children experiencing developmental delays. Meanwhile, the Fyzabad United Football Club is developing a mobile, solar-powered homework and life skills center housed within a refurbished 20-foot shipping container, complete with computer facilities, internet access, and dedicated tutoring spaces.

    Childline received funding to modernize its data management platform, enhancing its capacity to document and support children in distress. Sewa International TT will implement a solar-powered, multi-purpose energy system in Piarco to power health fairs and blood drives. Other beneficiaries include the Mayaro-based community agri-business hub developed by Sisters Uplifting Sisters, the TT Scouts Association’s school bench initiative, and the Bovell Cancer Diabetes Association’s digital hub for medical education.

    The Trinidad and Tobago Chest and Heart Association’s virtual reality youth health hub promises to create an engaging, technology-driven educational space where young people can learn about the impacts of smoking and vaping through immersive VR experiences. Additional recipients include Sapphire Miriam’s community after-school center in Chaguanas and Barataria Anglican Primary School’s digital lab and child safety project.

    Digicel Foundation Board Chair Desha Clifford revealed the impressive scale of the foundation’s three-year partnership with Shell, noting that over $3 billion has been invested to date. “We have supported 160 projects across Trinidad and Tobago, touching the lives of over 88,000 people,” Clifford announced. “This represents more than $56 million in sustainable community development. These numbers tell a powerful story of change and perseverance.”

    Martel Waldron, Acting Deputy Permanent Secretary at the Ministry of Sport and Community Development, expressed government endorsement for the program, noting that these initiatives align perfectly with the national mandate to build stronger communities, empower NGOs, and support sustainable development across the nation.

  • Contractors’ union demands $$ for back pay by December 22

    Contractors’ union demands $$ for back pay by December 22

    The Contractors and General Workers Trade Union (CGWTU) has issued an urgent demand for immediate cash payments of outstanding wages to its members employed at the San Fernando City Corporation. Union president Ermine De Bique-Meade delivered a forceful address during a December 4th press conference at the union’s Rushworth Street headquarters, setting a definitive deadline of December 22nd for settlement of all arrears.

    De Bique-Meade directly appealed to Prime Minister Kamla Persad-Bissessar for intervention, emphasizing the critical timing ahead of the holiday season. The demanded payments stem from collective bargaining agreements covering periods 2014-2017 and 2017-2019, which were formally signed on April 24th under the previous administration, just days before the United National Congress (UNC) assumed power following the April 28th general elections.

    The union leader referenced Finance Minister Davendranath Tancoo’s October 13th budget presentation commitment to ratify several public sector agreements, including those affecting municipal workers. Drawing parallels to the Public Services Association’s recent successful negotiation for $3.8 billion in back pay, De Bique-Meade insisted on similar cash disbursements rather than deferred payment arrangements, declaring, ‘Cash! Cash! Cash! Nothing else than cash because you can’t take anything else to the grocery!’

    In a notable strategic move, De Bique-Meade highlighted the union’s yellow branding—matching the UNC’s party colors—and reminded officials of their pre-election collaboration. ‘This colour sat around the table and had discussions with him,’ she stated, adding, ‘When you all needed us, we were there! We need you all now!’

    The union president confirmed that approximately 800 municipal workers are affected by the delayed payments. While expressing confidence in the Prime Minister’s willingness to ‘do the right thing,’ De Bique-Meade acknowledged that only the current state of emergency provisions prevented immediate street protests, suggesting the union would otherwise have been ‘outside Parliament’ demonstrating.

  • Trinidad’s opportunity with Exxon to get local content right

    Trinidad’s opportunity with Exxon to get local content right

    In a landmark development for Caribbean energy markets, ExxonMobil has finalized a comprehensive production sharing contract for Trinidad and Tobago’s Ultra Deep 1 block (UD1), marking the largest multinational oil company’s strategic expansion beyond its Guyana successes. The agreement, signed just three months after Prime Minister Kamla Persad-Bissessar’s administration took office, covers 7,765 square kilometers of unexplored maritime territory—an area larger than Trinidad itself—positioned at the nation’s eastern maritime boundary near Barbados and Guyana.

    The contractual framework mandates accelerated exploration timelines, with 3D seismic acquisition scheduled for 2026 and initial drilling by 2028—exceptionally rapid deployment for deepwater operations. This urgency reflects Exxon’s regional operational advantages and the block’s strategic significance amid ongoing Venezuela-Guyana territorial disputes that create complex geopolitical dimensions for the project.

    Critical to the agreement’s implementation are robust local content provisions detailed in Article 39 of the production sharing contract, requiring preferential treatment for Trinidadian companies across supply chains, workforce development, and technology transfer. The contract stipulates that all tenders must be advertised, evaluated, and awarded within Trinidad, with mandatory high weighting for local value addition in evaluation criteria. Exxon must further ensure technology transfer in seven strategic areas including fabrication, seismic processing, maritime services, and business support functions.

    However, enforcement mechanisms remain problematic through the under-resourced Permanent Local Content Committee (PLCC), which lacks sufficient staffing, authority, and governmental support despite its mandate to monitor compliance. Industry analysts emphasize that strengthening the PLCC represents the most urgent reform priority, requiring no new legislation but rather political will and administrative reinforcement.

    The discovery of commercially viable reserves could prove transformational for Trinidad’s declining hydrocarbon sector, where oil production has dwindled below 50,000 barrels daily. Successful development might mirror Guyana’s spectacular output growth from zero to 900,000 barrels daily since 2019, potentially establishing a new Caribbean energy corridor alongside Suriname’s emerging developments.

  • Pan will always have a home at President’s House, says Kangaloo

    Pan will always have a home at President’s House, says Kangaloo

    In a powerful demonstration of cultural solidarity, Trinidad and Tobago’s President Christine Kangaloo has declared the President’s House a permanent home for the national steelpan instrument. The announcement came during the inaugural Steelpan Royale: An Evening of Elegance event held December 3 at the official presidential residence in St. Ann’s, addressing growing concerns over diminished state support for the traditional art form.

    The event, which assembled diplomats, regional leaders, industry captains, and cultural icons, served as both an artistic showcase and political statement. President Kangaloo emphasized the steelpan’s global stature and versatility, noting its capacity to ‘command any stage, anywhere in the world.’ Her remarks carried particular significance as five steelbands recently lost sponsorship from state energy companies, creating financial uncertainty within the community preparing for Carnival 2026’s costly Panorama competitions.

    The musical program featured extraordinary performances by pan legends Ray Holman, Len ‘Boogsie’ Sharpe, and Natasha Joseph, who demonstrated the instrument’s remarkable expressive range through solo selections. Their repertoire spanned Christmas classics including ‘Deck the Halls,’ ‘I’ll Be Home for Christmas,’ and ‘Little Drummer Boy,’ before transitioning into spirited collaborations featuring soca parang favorites like Baron’s ‘Come Go’ and Scrunter’s ‘Ma Jeffrey.’

    The evening culminated with The Lydians choir, under Dr. Edward Cumberbatch’s direction, delivering a show-stopping finale that merged a tassa-infused arrangement of the ‘Hallelujah Chorus’ with a stirring rendition of ‘Nessun Dorma,’ earning multiple standing ovations. With musical direction by maestro Pelham Goddard, the event reaffirmed the steelpan’s dual identity as both national treasure and global artistic force.

    As guests departed, President Kangaloo and her husband Kerwyn Garcia personally thanked attendees, extending seasonal greetings while reinforcing the message that despite funding challenges, the steelpan—born from struggle and creativity—remains firmly positioned at the nation’s highest seat of office.

  • Crisis of wind-resistant roof construction in Trinidad and Tobago

    Crisis of wind-resistant roof construction in Trinidad and Tobago

    Trinidad and Tobago confronts a recurring pattern of structural vulnerability as moderate wind events continue to cause catastrophic roof failures across the nation. Over the past decade, increasingly severe weather phenomena—including torrential rains, flash flooding, and powerful windstorms—have exposed critical deficiencies in residential construction practices, particularly within the informal housing sector.

    The core issue lies in inadequate anchorage systems connecting roof structures to supporting walls. Investigations reveal that entire roof assemblies—including framing, rafters, purlins, and sheeting—are frequently detached during wind events far below hurricane intensity. This systematic failure points to fundamental engineering flaws rather than exceptional weather conditions.

    Financial implications for affected families are devastating. While replacing individual roofing sheets might cost a few thousand dollars, complete roof reconstruction ranges from $40,000 to $90,000—economically crippling sums for working-class households. The cyclical nature of damage and reconstruction without improved standards creates a perpetual burden on communities.

    Despite existing technical solutions outlined in the TT Bureau of Standards’ TTS 599:2006 guidelines, implementation remains critically limited. The informal construction sector—comprising small-scale contractors and self-built homes—often operates without formal engineering supervision, relying on experiential knowledge rather than scientific principles.

    A multi-faceted solution framework proposes: 1) Comprehensive public education on wind-resistant design principles, 2) Institutional collaboration between disaster management agencies and engineering associations, 3) Community-level outreach through hardware stores and municipal offices, 4) Enhanced enforcement of building standards, and 5) Professional certification programs for contractors.

    As climate change intensifies wind patterns, the urgency for structural resilience becomes increasingly pressing. Proper roof anchorage represents not merely technical compliance but fundamental disaster preparedness—protecting families, preserving economic stability, and strengthening national resilience against future climate challenges.

  • TT Stock Exchange introduces AI chatbot

    TT Stock Exchange introduces AI chatbot

    The Trinidad and Tobago Stock Exchange (TTSE) has unveiled a groundbreaking artificial intelligence-powered chatbot designed to transform how investors and market participants access financial information. Named TOBI (TTSE Online Bot Interface), the innovative tool now operates on the exchange’s official website, providing continuous automated assistance for various market-related inquiries.

    This advanced digital assistant represents a significant leap in the exchange’s technological capabilities, offering instant responses to frequently asked questions regarding trading activities, corporate listings, dividend distributions, and settlement procedures. The system serves both TTSE operations and services managed by the Trinidad and Tobago Central Depository (TTCD), creating a unified information gateway for all market participants.

    TOBI’s implementation caters to a diverse user base, from novice investors taking their first steps in capital markets to experienced brokers and corporate representatives. The AI-driven interface provides automated guidance on initiating trading activities, navigating online platforms, and accessing critical documents including account statements and corporate announcements.

    Exchange officials emphasized that TOBI’s deployment aligns with broader strategic initiatives to modernize the nation’s capital market infrastructure. “We remain focused on enhancing transparency, accessibility, and investor engagement,” stated TTSE representatives. “This launch demonstrates our ongoing commitment to market modernization and ensuring stakeholders can access necessary information promptly.”

    The chatbot introduction follows years of progressive digital transformation at TTSE, which has included substantial upgrades to its trading portal and electronic document management systems. TOBI’s adaptive functionality includes personalized responses to market queries, step-by-step guidance for trading processes, and seamless navigation support for TTSE and TTCD digital platforms.

    This technological advancement forms part of a comprehensive long-term digitalization strategy aimed at strengthening market infrastructure through technology-driven solutions. Exchange leadership confirmed that additional technological enhancements are planned to further improve user experience across the capital market ecosystem.

    Currently accessible through the TTSE website, TOBI provides 24/7 information access as Trinidad and Tobago’s capital markets continue their evolution toward increasingly automated, technology-enhanced services.

  • Brazilian dwarf: the seed to reviving Trinidad and Tobago’s coconut industry

    Brazilian dwarf: the seed to reviving Trinidad and Tobago’s coconut industry

    The Trinidad and Tobago Ministry of Agriculture and Fisheries has initiated a comprehensive strategy to resurrect the nation’s declining coconut sector, targeting US$1 billion in agricultural exports. Minister Ravi Ratiram unveiled the ambitious plan during a ceremonial distribution of Brazilian dwarf coconut seedlings at the Central Experiment Station in Centeno on December 1.

    Minister Ratiram revealed alarming statistics showing agriculture’s contribution to GDP has plummeted by $1.4 billion to just $650 million over the past decade, representing a more than 50% deterioration. The ministry’s intervention focuses on developing a complete coconut value chain rather than simply increasing raw nut production. This integrated approach encompasses farming, processing, manufacturing, distribution, and export operations.

    The Brazilian green dwarf coconut variety was specifically selected for its superior genetics, pest resistance, and exceptional water-producing capacity of over 600ml per nut. Each participating farmer received ten seedlings as part of the initial phase, with over 150 growers already expressing interest in the revitalization program.

    The Caribbean Agricultural Research and Development Institute (CARDI) plays a crucial role in this initiative, providing expertise in genetic improvement, pest management, and technical training. Executive Director Ansari Hosein outlined parallel efforts including establishing seed gardens across nine EU countries, with projected annual production of 45,000 nuts within two years.

    Global market projections indicate substantial opportunity, with the coconut water market expected to surpass US$11 billion by 2060 and the overall coconut market anticipated to exceed US$58 billion by 2030. The ministry recognizes challenges including aging tree populations, lethal yellowing disease, South American palm weevils, and decades of underinvestment.

    Chief Technical Officer Ian Mohammed emphasized that the seedling distribution symbolizes both literal and figurative investment in transforming agriculture into a driver of food security, rural development, and economic diversification. The program represents a strategic partnership between government, research institutions, and farmers to restore Trinidad and Tobago’s position in the global coconut market.

  • Teaching Service Commission restrained from appointing principal to Sixth Form Polytechnic

    Teaching Service Commission restrained from appointing principal to Sixth Form Polytechnic

    In a significant judicial development, the High Court has authorized acting principal Nisha Thomas to legally contest her exclusion from a promotion process, despite her unequivocal possession of the required academic credentials. Justice Frank Seepersad presided over the case on December 4, delivering a ruling that not only grants leave for judicial review but also extends the application deadline while casting serious doubt on the rationality of the Teaching Service Commission’s (TSC) position.

    The court’s intervention includes an interim injunction that prohibits the TSC from making any permanent appointment to the principal position at the Sixth Form Government Polytechnic Institute in St James until at least December 15, when the matter will receive further judicial consideration.

    According to court documents, Thomas applied for the principal (secondary) position in April 2024 following the Ministry of Education’s public invitation for candidates. The established criteria mandated at least eight years of post-diploma teaching experience, two years of service as vice principal, a bachelor’s degree in a specialty subject, and a valid teaching certificate.

    Thomas, an educator since 1990 who has held the substantive post of head of department since 2013 (a position requiring a bachelor’s degree), presented compelling credentials. She earned her BA in History from the University of the West Indies in 1994 and has been serving as acting principal of the same institution since August 2021 through TSC appointment.

    The controversy emerged when the TSC notified Thomas in August that she was deemed ineligible for consideration, claiming she did not possess “a Bachelor’s Degree from a recognised university.” This determination persisted despite her documented academic history and professional trajectory. Thomas explained that she had misplaced her original degree certificate during a previous master’s program application and consequently did not upload it, assuming the TSC already maintained evidence of her qualifications from her head of department appointment.

    When Thomas sought clarification in late August, commission officials reportedly stated that even a replacement certificate would not alter her eligibility status due to the closed application window. This position was maintained despite her submission of a replacement certificate from UWI and her disclosure of both bachelor’s and master’s degrees.

    The Trinidad and Tobago Unified Teachers Association (TTUTA) intervened twice on her behalf, noting that other applicants had experienced similar documentation transmission issues. Court documents revealed that one acting vice principal in south Trinidad who initially faced comparable obstacles was eventually interviewed.

    Thomas’s legal team, comprising attorneys Ian Roach, Anthony Bullock, and Alatashe Girvan, argues that the TSC’s decision appears irrational, relies on unsupported assumptions, fails to consider relevant information, and denies their client a fair hearing. They emphasize that “there could be no reasonable dispute that she had the qualification” and note the limited number of vacant principal positions available.

    The applicant seeks formal declarations that her legitimate expectation to be considered was breached, orders to quash both TSC decisions, and mandates requiring the commission to reassess her eligibility and schedule an interview.

  • Agostini posts $312m profit amid complaints of pharmaceutical monopoly

    Agostini posts $312m profit amid complaints of pharmaceutical monopoly

    Celebrating its centennial anniversary, Caribbean conglomerate Agostini Ltd. has announced robust financial results for fiscal year 2025, demonstrating significant growth amid strategic expansion. The Trinidad-based group reported a 6.9% increase in revenue, reaching $5.44 billion compared to $5.09 billion in the previous year.

    Chairman Christian Mouttet characterized the period as one of ‘strategic transformation,’ noting the company achieved ‘another year of record revenue and earnings.’ The performance was primarily driven by two major acquisitions—Pharmacy Holdings Ltd (PHL) and Massy Distribution (Trinidad) Ltd—which substantially expanded Agostini’s presence in pharmaceutical and consumer distribution markets.

    Financial metrics showed substantial improvement across key indicators: Profit attributable to shareholders climbed to $230.3 million from $209.7 million, while earnings per share increased from $3.03 to $3.33. Operating profit rose 5.4% to $511.2 million, and pretax profit reached $435.6 million. After accounting for $123.3 million in taxes, net profit settled at $312.3 million, marking a 7.6% year-over-year improvement.

    The group’s comprehensive income, incorporating foreign exchange gains and pension adjustments, totaled $328.2 million, with $247.8 million attributable to shareholders and $80.4 million to non-controlling interests. Total assets grew to $4.89 billion, while shareholder equity increased to $2.48 billion.

    Despite these gains, the company acknowledged challenges including persistent inflation, supply chain disruptions, and foreign exchange constraints that continue to pressure margins. Finance costs increased to $75.6 million, though these were partially offset by foreign exchange gains of $15.57 million.

    Agostini’s expansion strategy has attracted regulatory attention. Recent parliamentary hearings examined market concentration in pharmaceutical distribution, with industry representatives noting that Agostini’s Aventa division reportedly imports approximately 74% of privately supplied medicines. While no formal investigation has been announced, the Prime Minister has signaled intentions to address drug pricing and market dominance concerns.

    The conglomerate continues to pursue growth through acquisition, currently proposing a share-swap merger with Prestige Holdings Ltd. that would exchange one AGL share for every 4.8 PHL shares. This transaction remains subject to regulatory approval from the Trinidad and Tobago Fair Trade Commission.

  • Roadmap for building Trinidad and Tobago’s innovation ecosystem

    Roadmap for building Trinidad and Tobago’s innovation ecosystem

    A recent study tour to Manizales, Colombia has provided Trinidad and Tobago with a strategic blueprint for developing a robust national innovation ecosystem. Led by Vashti Guyadeen of the Trinidad and Tobago Chamber of Industry and Commerce, the delegation examined Colombia’s successful Triple Helix model that integrates academia, industry, and government collaboration to accelerate entrepreneurship and economic growth.

    The research identified five foundational pillars essential for innovation ecosystem development: coordinated national governance to align ministerial initiatives, integrated programming across accelerator programs and university initiatives, accessible infrastructure including prototyping labs and research facilities, capacity development through entrepreneurship training, and data-driven decision making using systematic innovation metrics.

    Educational alignment emerged as a critical success factor, with recommendations for cross-disciplinary entrepreneurship education, enhanced research commercialization pathways through innovation vouchers and matching grants, strengthened internship programs, and shared infrastructure agreements among tertiary institutions modeled after Colombia’s SUMA alliance.

    The proposed institutional architecture calls for a National Innovation Partnership comprising senior leaders from public, private, academic, financial, and civil society sectors to set strategic priorities and oversee funding allocations. This co-ownership model reduces government dependency while increasing sustainability.

    Priority sectors identified for diversification include technology (fintech, cybersecurity, energy tech), advanced manufacturing utilizing Industry 4.0 technologies, agriculture technology with climate-smart farming approaches, and creative industries leveraging global demand for music and digital content.

    Strategic infrastructure requirements encompass enhanced accessibility to Cariri’s existing facilities, purpose-built innovation hubs, structured national mentorship networks, and continuously coordinated accelerator programs. Financing mechanisms should include a National Innovation Fund, private sector venture arms, diaspora engagement for investment and technical capacity, and risk mitigation instruments like credit guarantee schemes.

    Accountability measures propose transparent tracking through key indicators: new firm creation, SME scale-up performance, research commercialization outputs, non-energy job creation, venture capital investment levels, and Global Innovation Index performance, with annual Innovation Report Cards to monitor national progress.

    The Manizales case study demonstrates that formalized governance, integrated programming, and shared accountability create successful innovation ecosystems, offering Trinidad and Tobago a proven framework for economic diversification and resilience building.