Trinidad and Tobago-born Canadian filmmaker, singer-songwriter, and producer Gino McKoy recently engaged with students from the University of Trinidad and Tobago’s (UTT) digital media arts program during a presentation and Q&A session on October 15. Known for his sci-fi film *Lumina*, McKoy shared his extensive 17-year experience in the international film and music industries, offering insights on overcoming barriers and leveraging creativity. His film *Lumina* is currently streaming on platforms like Amazon Prime, Tubi, YouTube TV, and Google TV, while its title track *Everything to Me* has made waves as the only indie song on the Billboard AC charts. McKoy emphasized the untapped potential of Caribbean creatives, particularly from Trinidad and Tobago, whose unique culture, folklore, and music could enrich his ambitious ‘Tropical Hollywood’ initiative. He highlighted the need for legislative reforms and incentives, such as revamping film cash rebates and establishing a state-of-the-art film studio ecosystem, to position Trinidad as a top global filming destination. McKoy’s vision aims to diversify Trinidad’s economy by investing in creative industries, potentially generating over 100,000 jobs, $1 billion in revenue, and attracting millions of tourists. Currently in Trinidad for pre-production on his next film, McKoy has met with government officials to discuss strategies to enhance the country’s appeal to international film and music industries. Over the next five years, he plans to complete ten movie projects in Trinidad, leveraging his global network to bring feature films, music, and more to the region.
标签: Trinidad and Tobago
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Howai: Central Bank not main supplier of forex to commercial banks
Central Bank Governor Larry Howai has addressed widespread misconceptions about the institution’s role in Trinidad and Tobago’s foreign exchange (forex) market. Speaking at the TT Stock Exchange’s Capital Markets and Investor Conference in Port of Spain on October 24, Howai emphasized that the Central Bank accounts for just over 20% of forex entering the financial system, with the remaining 80% sourced from private entities and individuals. He clarified that while the bank intervenes to stabilize supply, the majority of forex distributed through commercial banks originates from private channels. Howai stressed the need for long-term solutions to broaden the country’s capacity to earn forex, rather than relying on central bank interventions. He highlighted the importance of boosting exports, both traditional and non-traditional, such as those from the creative sector. Howai, a former finance minister, also discussed the challenges of managing interest rates, inflation, and forex outflows, noting that policy tools like the repo rate and reserve requirements often yield mixed results. He pointed out the narrowing interest rate differential between US and TT Treasury bills, which could influence local investment behavior. Howai underscored the critical relationship between the Central Bank and the Ministry of Finance in managing liquidity and inflationary pressures, advocating for continued public engagement to refine forex distribution mechanisms.
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![[UPDATED] Barrackpore coconut vendor gunned down](https://wp.caribscopeonline.com/wp-content/uploads/2025/10/9f0f863a0b3f582c9305397ae42f0477.jpg)
[UPDATED] Barrackpore coconut vendor gunned down
The Barrackpore community is reeling from the tragic shooting of 34-year-old coconut vendor Michael Seeraj, who was gunned down on October 23 while disposing of coconut shells with a worker. The incident occurred around 7:35 pm on Project Road, Ramsabad Trace, Rochard Road, Barrackpore, a location Seeraj frequented for this purpose. According to the worker, he fled the scene upon hearing multiple gunshots. Police arrived to find Seeraj unresponsive with a gunshot wound to his shoulder. He was pronounced dead at the scene by a district medical officer, and an autopsy has been ordered. Investigators discovered $2,300 in Seeraj’s pocket, but the motive behind the killing remains unclear. Homicide Region Three is actively investigating the case. Seeraj’s wife, Resha Ramdeo, 36, expressed her shock and grief, stating that she could not fathom why anyone would target her husband. Described as a hardworking and quiet man, Seeraj had turned to selling coconuts after losing his job in the scrap-iron industry in August 2022. He was in the process of building a home for his family in Pancham Trace. The community remembers him as a devoted father who frequently visited his six-year-old daughter, the ‘light of his life.’ The family is awaiting the autopsy results, expected early next week, before proceeding with funeral arrangements.
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Government, opposition argue over hospitals
A heated debate unfolded in Trinidad and Tobago’s House of Representatives as Health Minister Dr. Lackram Bodoe and Diego Martin North/East MP Colm Imbert clashed over a $100 million budget allocation for the Couva Hospital and Multi-Training Facility (CHMTF). The dispute occurred during the Standing Finance Committee’s deliberations on October 23, which aimed to approve a $7.04 billion budgetary allocation for the Health Ministry. Imbert questioned the significant funding for the CHMTF, which the opposition UNC plans to rename the Couva Children’s Hospital, while noting the absence of allocations for hospitals in Arima, Point Fortin, and Sangre Grande. He criticized the government for what he termed political discrimination, arguing that hospitals built under the former PNM administration were being neglected. Bodoe defended the allocation, stating that the Couva hospital had been neglected under the PNM and required substantial investment. He highlighted issues discovered during a post-election visit, including underutilization and non-functional medical equipment. The debate also touched on 515 vacancies in the Health Ministry, with Finance Minister Davendranath Tancoo attributing the issue to the previous PNM government. Imbert further questioned the allocation of $16 million to pay lower-level employees at the North West Regional Health Authority, suggesting potential inefficiencies. The session grew contentious, prompting Speaker Jagdeo Singh to call for order. The exchange underscores the ongoing political tensions and challenges in Trinidad and Tobago’s healthcare sector.
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Passing the baton in budget debate?
The 2025-2026 Budget, unveiled on October 13 by Trinidad and Tobago’s new administration, has been hailed by some as a blueprint for hope and transformation. Under the theme “T&T First: Building Economic Fairness through Accountable Fiscal Policies,” Finance Minister Davendranath Tancoo presented a polished and thematic budget that signaled strategic realignments across ministries. However, for advocates of mental health and inclusion, the budget fell short of delivering the urgent and transformative changes needed for vulnerable groups. While the government pledged to decentralize mental health services and promote community-based care, the plan lacked critical details such as timelines, infrastructure, and workforce development. The Social Sector Investment Programme highlighted Trinidad and Tobago’s third-place ranking in the Caribbean for mental illness prevalence, yet the budget’s response to this crisis was deemed tepid. Dr. Margaret Nakhid-Chatoor, a psychologist and educator, criticized the absence of targeted measures for people with disabilities, neurodivergent individuals, and the LGBTQ+ community. Despite growing advocacy for mental health reform and inclusion, the budget failed to address systemic barriers or integrate mental health literacy into the education system. Dr. Nakhid-Chatoor emphasized that true economic fairness requires more than rebranding; it demands a reimagining of progress, urgent investment in community-based care, and the embedding of inclusion into every ministry. She called for a redrawing of the track—one that is urgent, accountable, and inclusive of every citizen—to break the cycle of marginalization and ensure measurable outcomes.
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Piarco man charged under SoE challenges police powers
A significant legal battle has emerged in Trinidad and Tobago as Denesh Maharaj, a Piarco resident, challenges the legality of his detention under the 2025 state of emergency regulations. Maharaj, who faces charges of firearm and ammunition possession, as well as marijuana trafficking, was detained by police and later subjected to a preventative detention order. His legal team, comprising Keron Ramkhalawan, Anwar Hosein, and Shalini Sankar, contends that his detention was unlawful and violated his constitutional rights to liberty and due process under Sections 4(a), 4(b), and 5(2)(h) of the Constitution. Maharaj seeks declarations that the order authorizing his extended detention was illegal, along with damages and costs. The case raises critical questions about the police’s authority to extend detention periods under emergency regulations, particularly beyond the 48-hour limit without proper oversight. Maharaj’s attorneys argue that his initial arrest was conducted under common law, not emergency powers, and that the subsequent use of emergency regulations to prolong his detention was unjustified. At a recent hearing, Justice Seepersad expressed concern over the absence of state representation and emphasized the need for proper attendance at future proceedings. The case has been adjourned to January 14, 2026, while a related constitutional challenge regarding the police’s power to extend detention periods remains pending a ruling from the Privy Council on the legality of the 2011 state of emergency regulations.
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Chief Justice Boodoosingh praised by colleagues, legal fraternity
The legal community of Trinidad and Tobago came together on October 24 to honor newly appointed Chief Justice Ronnie Boodoosingh during an impromptu special sitting of the Court of Appeal. Held at the Hall of Justice in Port of Spain, the event was attended by prominent members of the bar and senior legal professionals who lauded Boodoosingh’s humility, intellect, and unwavering commitment to justice and education. Speakers highlighted his integrity, leadership, and vision, expressing confidence that his tenure would strengthen the judiciary’s independence and efficiency. Justice of Appeal Geoffrey Henderson, a former director of public prosecutions, praised Boodoosingh’s scholarship and mentorship, calling his appointment “a circle in life.” Patricia Dindyal of the Assembly of Southern Lawyers described his elevation as “a monumental achievement,” while Anil Maraj of the Law Association emphasized his role as both a judge and a teacher. Acting DPP Sabrina Dougdeen-Jaglal and Deputy Registrar Kimberly Prescott echoed these sentiments, underscoring his dedication to justice and leadership. In his response, Chief Justice Boodoosingh acknowledged the weight of his new role, vowing to build on the foundation laid by his predecessor, retired Chief Justice Ivor Archie. He reflected on his journey from humble beginnings to the nation’s highest judicial office, crediting his family, teachers, and mentors for shaping his path. Boodoosingh also outlined his plans to collaborate with stakeholders to advance the legal system, emphasizing the importance of a strong bar to support the bench. A formal special sitting of the judiciary is scheduled for January 2026, as Archie is expected to be abroad later this year.
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Verrse retains Soca Titans crown
In a vibrant celebration of Tobago’s cultural heritage, Jahiem Thomas, popularly known as Verrse, clinched the Soca Titans title for the second consecutive year. The event, held on October 22 at the historic Market Square in Scarborough, Tobago, saw Thomas deliver a mesmerizing performance that captivated the audience and judges alike. Dressed in a striking yellow suit and adorned with a replica crown, Thomas performed ‘Paradise,’ a song that pays homage to Tobago’s rich traditions. His performance earned him 415 points and the grand prize of $75,000. The competition, which featured ten talented artists, was a testament to the island’s thriving soca music scene. Among the notable participants were Kedane O’Connor, who secured second place with ‘Shake It,’ and Tam Tam (Bernardo Thompson), who took third with ‘Lean.’ The event also highlighted the contributions of female artists, with Nikia Scott’s ‘Carnival Is A Woman’ earning her the fourth spot. The night was filled with lively performances, cultural tributes, and a strong sense of community, underscoring the importance of soca music in showcasing Tobago’s artistic talent to the world.
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Young questions Maharaj on hotels, scrap metal
During a meeting of the Standing Finance Committee of the House of Representatives on October 23, Port of Spain North/St Ann’s West MP Stuart Young raised critical questions regarding the allocation of funds for small guest houses and the regulation of the scrap metal industry. Young directed his inquiries to Trade, Investment, and Tourism Minister Satyakama Maharaj, emphasizing the potential of small guest houses to generate foreign exchange revenues for Trinidad and Tobago (TT). He questioned whether the $1.5 million allocated to the ministry was adequate to support these establishments, particularly given the rising costs of imported materials due to recent tariffs. Maharaj responded by outlining the ministry’s targeted approach to hotel development, citing ongoing projects such as Tradewinds in San Fernando and Crews Inn in Chaguaramas. He also mentioned efforts to attract private sector investment, including potential collaborations with foreign hotel chains like Best Western. However, Young expressed concerns that the current funding might not suffice for smaller guest houses seeking assistance throughout the year. On the topic of the scrap metal industry, Young inquired about the adequacy of the $400,000 budget for regulatory measures, recalling past efforts to curb criminal activities in the sector. Maharaj assured that the allocated funds would be sufficient, with additional support available if needed. The minister also highlighted the ministry’s broader mission to diversify the economy and strengthen the non-energy sector through strategic planning and robust management.
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TTSE announces shift to T+1 trade settlement by 2026
The Trinidad and Tobago Stock Exchange (TTSE) is set to transition to a one-day trade settlement cycle (T+1) by 2026, as part of its broader efforts to modernize operations and align with global standards. CEO Eva Mitchell made the announcement during her opening remarks at the TTSE’s 2025 Capital Markets and Investor Conference held at the Hyatt Regency in Port of Spain on October 24. Mitchell highlighted that the exchange had already reduced its settlement cycle from T+3 to T+2 in 2024, and the move to T+1 will further enhance market efficiency. The T+1 system, already adopted by major exchanges like the New York Stock Exchange, will reduce settlement time to a single day, improving liquidity and minimizing counterparty risk. Mitchell emphasized that this transition aligns the TTSE with global best practices for advanced exchanges. Alongside the settlement cycle change, the TTSE is rolling out a series of technology upgrades, including an updated depository portal set to launch in November. The new portal promises faster processing, smarter systems, and enhanced scalability, while also enabling the collection of valuable data to better understand market trends and opportunities. Additionally, the exchange introduced TOBI, a user-friendly digital assistant designed to help investors access information and ask questions about the market and its services. Mitchell also revealed that the TTSE has completed infrastructure for a new Spot Market to support derivatives trading, marking a first for the Caribbean. The exchange is also exploring the introduction of a ‘market maker’ framework to improve liquidity and price stability. In line with its commitment to sustainability, the TTSE has partnered with IDB Invest to develop a Green Bond Guide and joined the United Nations Sustainable Stock Exchanges (UNSSE) Initiative. Mitchell acknowledged the subdued local market but urged stakeholders to focus on long-term growth, emphasizing the importance of modernizing the market, embracing innovation, and fostering transparency and trust.
