In a significant move to enhance economic fairness and regional representation, Finance Minister Davendranath Tancoo announced that the government will soon appoint a majority of directors at Republic Bank Ltd. This announcement was made during the presentation of the 2025/2026 national budget at the Red House on October 13. Minister Tancoo emphasized the government’s commitment to ensuring that Tobago’s interests are represented on the boards of major financial institutions, including Republic Bank Ltd, First Citizens Bank, and Eximbank. He proudly stated that each of these boards will include a Tobago union-based presence, reflecting the government’s dedication to regional inclusivity. Currently, Republic Bank Ltd’s board includes chairman Vincent Pereira, president and managing director Nigel Baptiste, and directors Trevor Gomez, Edward Ince, Jacqueline HC Quamina, Caroline Toni Sirju-Ramnarine, Kristine Thompson, and Gregory Thomson. Republic Bank Ltd is a subsidiary of Republic Financial Holdings Ltd (RFHL), which recently saw the resignation of two directors: Shameer Ronnie Mohammed on October 3 and Waltnel Sosa on October 7. This strategic move by the government aims to strengthen governance and ensure equitable representation across the nation’s financial sector.
标签： Trinidad and Tobago
特立尼达和多巴哥
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Cool It, Xclusive win in Big Ballers Football League
The Big Ballers Football League witnessed another thrilling round of matches on October 11, with Cool It FC and Xclusive FC delivering standout performances. Cool It FC continued their unbeaten streak with a hard-fought 1-0 victory over 1st Engineer Battalion at the Northeastern Regional Multipurpose Sporting Facility in Sangre Grande. The decisive moment came in the second half when Ryan ‘Frye’ Stewart showcased his brilliance with a perfectly executed free kick, securing the win and maintaining their reputation as the league’s most formidable defense.
Meanwhile, Xclusive FC bounced back from their previous defeat with an emphatic 5-1 triumph over Boys Town Strikers. Despite a competitive first half, Xclusive capitalized on a turnover to score the opening goal. Boys Town briefly equalized after the break, but Xclusive quickly regained control, netting three more goals in rapid succession to seal their dominance.
In other league action, Manzanilla Challengers Rebirth defeated Dream Team 3-1, with Jerry Williams, Josimar Belgrave, and Darkeil Ferreira finding the net. Seed of Greatness Biche also impressed, overpowering Eastern County 4-2 with an early goal surge led by Shirvin Charles, Derrick Ali, and Nicholas Lanes.
The league continues on October 17 and 18, with key matchups including Cool It FC vs Dream Team and Seed of Greatness vs Xclusive FC, promising more excitement for football enthusiasts.
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A lesson in consequences, or Bravo, Jim Gavin
The southern Caribbean finds itself in a precarious position, caught between two volatile forces: the United States under its controversial former President Donald Trump and Venezuela led by its embattled leader Nicolás Maduro. Trinidad and Tobago (TT), seemingly powerless to influence the situation, faces a diplomatic dilemma. The Prime Minister’s strategy of picking a side and hoping for the best lacks inspiration, while neutrality risks alienating both parties. The region’s fate appears to hinge on developments beyond its control, leaving little room for meaningful intervention. Amid this uncertainty, attention shifts to Ireland, where a presidential election offers a glimmer of hope for political accountability. The race, now a two-person contest between Catherine Connolly and Heather Humphreys, was briefly disrupted by the withdrawal of Jim Gavin, a former Gaelic football star. Gavin’s exit followed revelations of an unpaid debt dating back to 2009, when a tenant accidentally overpaid rent. Despite repeated requests for repayment, Gavin failed to return the money, a decision that resurfaced during his presidential campaign. His abrupt withdrawal, though causing a minor political stir, stands in stark contrast to the global trend of shameless political behavior. From Argentina’s President Javier Milei, accused of nepotism and corruption, to Donald Trump’s continued political success despite multiple legal and ethical controversies, the bar for public office seems alarmingly low. Gavin’s decision to step down, albeit under pressure, offers a rare example of accountability in public life. While some argue his actions reflect his lack of political experience, others see it as a hopeful sign that integrity still matters. Ireland’s election process itself is noteworthy, as the presidency, though largely ceremonial, is determined by direct public vote rather than parliamentary appointment. This democratic exercise underscores the importance of accountability and responsibility in governance, lessons that resonate far beyond Ireland’s borders.
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EOC supports Jaipur Foot Centre in Trinidad and Tobago: Walking toward equality
In a landmark move toward social justice and inclusion, Prime Minister Kamla Persad-Bissessar has announced the establishment of a Jaipur Foot Artificial Limb Fitment Centre in Trinidad and Tobago (TT). This initiative, unveiled during a ceremony at the Diplomatic Centre in St. Ann’s on October 3, underscores the government’s commitment to restoring independence and dignity to individuals with disabilities. The Jaipur Foot Organisation, renowned globally for its cost-effective and innovative prosthetic solutions, has already transformed millions of lives worldwide. By bringing this model to TT, the nation takes a significant step toward ensuring free, world-class prosthetic services for its citizens. This project transcends healthcare, embodying a broader vision of equity and social participation. It aligns with the Equal Opportunity Commission’s (EOC) mandate to combat discrimination and promote equal opportunities for all, particularly for those with disabilities, who are protected under the Equal Opportunity Act. The centre will not only provide medical support but also empower individuals to rejoin the workforce, pursue education, and engage fully in their communities. The initiative’s far-reaching benefits include economic empowerment, emotional well-being, and national development, as restored mobility enables individuals to contribute meaningfully to society. The project is a testament to international collaboration, with the TT government partnering with India’s government and the Jaipur Foot Organisation. This partnership emphasizes sustainability through knowledge transfer and local capacity building. The EOC lauds this effort as part of a broader national strategy to foster inclusion, urging employers and educational institutions to embrace accessibility and diversity. The establishment of the Jaipur Foot Centre is a moral and national achievement, reflecting TT’s commitment to treating its most vulnerable members with dignity and respect. It serves as a reminder that investing in people’s potential strengthens the nation’s future. The EOC encourages citizens to celebrate this progress while continuing to address challenges to ensure every individual in TT has the opportunity to thrive.
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Tancoo’s budget theme: Promises made, promises delivered
The Trinidad and Tobago government has unveiled its 2025/2026 national budget under the theme “Promises made, promises delivered,” emphasizing its commitment to fulfilling election pledges. Finance Minister Davendranath Tancoo, delivering his maiden budget speech, highlighted the government’s focus on national development and improving citizens’ lives. The budget, described as a realignment of objectives towards a TT-first policy, is structured around five strategic pillars: restoring fiscal stability, unlocking productive investments, commercializing public assets, modernizing infrastructure and digital services, and enhancing social investment and safety nets. Tancoo reiterated the government’s mandate, granted by the people on April 28, to drive sustainable outcomes across the nation. The presentation was met with enthusiastic approval from government officials, signaling confidence in the budget’s potential impact.
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The No Man’s Land challenge
The Buccoo Marine Park and No Man’s Land in Tobago face mounting environmental challenges, with a recent incident on October 5 underscoring the urgent need for stricter enforcement of ecological preservation measures. A party boat sank in the shallow waters off No Man’s Land, highlighting the fragility of this treasured ecosystem. This secluded area, accessible primarily by boat, is a Ramsar-listed Wetland of International Importance, renowned for its unique blend of freshwater and saltwater habitats. Since the 1990s, it has become a popular destination for glass-bottom boat tours, barbeques, and festivities. However, the delicate ecology of No Man’s Land is gradually degrading due to unchecked tourism and a lack of formal regulations. Currently, beach use is governed by an informal gentleman’s agreement among visitors, but recent violent incidents, including a stabbing in August 2024 and a bloody brawl in July, have shaken this sense of shared responsibility. Concerned for client safety, reef tour operators are increasingly omitting No Man’s Land from their itineraries. Unlike natural threats such as coral bleaching or lionfish invasions, the enforcement of a code of practice among tour operators falls within the Tobago House of Assembly’s (THA) jurisdiction. To preserve the sanctity of this peaceful location amidst Tobago’s growing tourism industry, collaboration among marine experts, tour operators, and visitors is essential. A sustainable approach, focused on conservation and mindful use of this fragile ecosystem, must be prioritized.
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ASYCUDA system to undergo full upgrade
The Ministry of Finance in Trinidad and Tobago has announced a comprehensive upgrade to the Automated System for Customs Data (ASYCUDA), set to be operational within the next 18 months. The enhanced system will introduce digital payment capabilities, aiming to modernize and streamline international trade processes. Finance Minister Davendranath Tancoo unveiled the plans during the budget presentation at the Red House on September 13. The upgrade is expected to minimize manual intervention, improve risk assessment, and expedite customs clearance, with a target of transferring goods between private bonded warehouses within 24 hours. Additionally, the system will support full valuation capabilities, electronic declarations, and integration with the court system. The project is a collaborative effort between the Trinidad and Tobago government and the United Nations Conference on Trade and Development (UNCTAD), supported by a steering committee comprising public and private stakeholders. This initiative follows a major system disruption in July, which caused significant financial losses for businesses due to prolonged downtime.
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CAL appoints acting CEO, to audit all departments
Following weeks of speculation, Caribbean Airlines (CAL) announced on October 13 the immediate resignation of its CEO, Garvin Medera. The airline’s board of directors confirmed the departure and appointed Chief Operating Officer Nirmala Ramai as the acting CEO to ensure operational continuity and stability. In a formal statement, the board expressed gratitude for Medera’s years of dedicated service and leadership, extending their best wishes for his future endeavors. Medera, in his farewell message, thanked CAL employees for their resilience and commitment during challenging times, as well as partners and customers for their unwavering support and loyalty. He emphasized the collective efforts that have driven the airline’s success. Under Ramai’s interim leadership, CAL’s senior management team will collaborate closely to navigate this transitional phase. The airline assured customers and partners that its full flight schedule will remain unaffected. The board highlighted that this leadership change aligns with CAL’s broader focus on stability, safety, and accountability. As part of the transition, CAL outlined five key initiatives: fostering open communication and care for employees and stakeholders; optimizing operations for efficiency and modernization; enhancing customer experiences through improved services; crafting a sustainable, long-term growth strategy; and conducting comprehensive audits to reinforce governance and safety. Additionally, CAL reaffirmed its commitment to internal talent development, prioritizing career advancement opportunities for existing employees before considering external candidates.
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Tancoo: Stiffer penalties for illegal gambling
In a bold move to curb the significant financial losses caused by illegal gambling, the government has announced stricter penalties for operators of illicit betting schemes, including the popular ‘whe whe’ game. Finance Minister Davendranath Tancoo, during his budget presentation on October 13, highlighted the severe impact of underground betting on the National Lotteries Control Board (NLCB) and the broader economy.
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Pedestrian killed in accident while heading to church
A tragic accident on October 12 claimed the life of Alan Ramirez, a 77-year-old man known for his deep faith and community service. Ramirez was waiting for a taxi along the Toco Main Road to attend mass at St Vincent Ferrer RC Church in Matura when he was struck by a van driven by a policeman. The incident has left the community in mourning, as Ramirez was a cherished figure whose kindness and dedication touched many lives. In a heartfelt social media post, St Francis of Assisi RC Church described Ramirez as a “radiant soul” whose love for God and people was evident in all his actions. He was a dedicated parishioner and a faithful servant, always greeting others with a warm smile and offering unwavering care. Beyond his spiritual devotion, Ramirez was also celebrated for his kung-fu skills, which he taught to students at St Francis of Assisi RC Church in Sangre Grande during the mid-1990s. His teachings instilled discipline, confidence, and respect in his students. The church expressed profound sorrow over his sudden passing, stating, “His spirit of kindness, faith, and service will continue to inspire us all.” Investigations into the accident are ongoing.