NEWS
Digicel Foundation invests US$3.4 million
The Digicel Foundation invested US$3.4 million over the last five years to help people and communities throughout TT. Foundation CEO Penny Gomez made the disclosure at the foundation's annual general meeting. The meeting was held at Digicel's hospitality suite at the Queens Park Oval in Port of Spain on Thursday. Gomez told her audience that this investment is in keeping with one of Digicel's core beliefs that "wherever the company grows, the community around it grows." She said this investment was in 372 projects in partnership with other groups. Read more here
Five escape from YTC
The escape of five young offenders from the Youth Training Centre (YTC), Golden Grove in Arouca on Thursday was believed to be well planned and orchestrated as Intelligence received suggests that there may have been a getaway car involved. A hacksaw blade was also used to cut through the bars of the dormitory in which they were in. They have been identified as Dillano Marcano, 16, of Pearl Drive, La Paille Village, Caroni and LP 34 Agostini Street, St Joseph; Jaden Fletcher of LP#73 Parrylands Village, Guapo, Sixth Company Circular Road, New Grant, Princes Town; Anthony Ramsumair, 19, of No. 12 New Village Extension, La Fortune, Woodland; Brian Seepersad, 17, of No. 24 Sea Trace, Bagatelle Road, Diego Martin and Darren Scott, 17, of O’Meara Road, Carapo Village, Arima. Read more here
POLITICS
Private sector pumped $100m into agriculture
Agriculture Minister Clarence Rambharat said there has been about $100 million of private-sector investment in agriculture. He was speaking with the media on Wednesday after the opening of Parliament. Rambharat said at present there is about $100 million in private-sector investment being made in agriculture, namely: the Nutrimix hatchery on Rivulet Road, Couva; another smaller hatchery; Central Farms (duck farms), which is expanding and is about a $20 million investment; the public-private partnership has been completed for the Aripo Livestock Station with Marilissa Farms, which is a $30-$40 million investment; and a project with an organic beef and lamb producer in Couva ($2-$3 million). Read more here
Law Association files lawsuit against PM
The Law Association has filed its lawsuit against Prime Minister Dr Keith Rowley over his decision to reject its investigation into misconduct allegations levelled against embattled Chief Justice Ivor Archie. The association’s legal team filed its judicial review application in the High Court Registry at the Hall of Justice in Port-of-Spain, yesterday afternoon. Guardian Media understands that the case was randomly assigned to Justice Vasheist Kokaram but a date for the hearing of the application for leave to pursue the case was not immediately set. Based on the usual timeline for processing such cases, it is likely to come up for hearing, next week. Read more here
BUSINESS
Faria urges Govt to pay VAT refunds
CEO of the T&T Chamber of Industry and Commerce, Gabriel Faria has called on the Government to pay billions of dollars it owes to the business community in the upcoming budget. Speaking yesterday on CNC3’s the Morning Brew, Faria said: “One of the things we’ve been going to bed and praying for every night, is that the finance minister takes action on overdue VAT refunds.” He continued: “When I listen to the business community, the one thing we are hoping for, is that he will put that into place in this budget.” Faria said that he is confident that Finance Minister Colm Imbert will do something because the unpaid VAT refunds are having “a debilitating impact on businesses.” Faria noted that it is hindering businesses as it related to investment decisions, exports and it is also “tying up a lot of cash.” Read more here
Sagicor registers largest gain
Overall market activity resulted from trading in 14 securities of which three advanced, two declined and nine traded firm. Trading activity on the first tier market registered a volume of 239,931 shares crossing the floor of the Exchange valued at $2,537,479.85. Read more here
REGIONAL
Thomas-Dodd Delivers On Promise Made To Teenage Self; Jackson Lands 400m Bronze
In winning Jamaica’s first ever medal in the women’s shot put event at the Olympic or World Championships level, 26-year-old Danniel Thomas-Dodd delivered on a promise that she made over a decade ago to a teenage girl in Westmoreland. Still a student at Frome Technical High at the time, Thomas-Dodd and her teammate, Tanice, had a conversation that would stick with her for the rest of her life and would fuel the determination she wore like an armour in last night’s World Championships final at the Khalifa International Stadium. Tanice’s observation back then – that no Jamaican woman had ever had success on the international stage in a throwing event – led the teenage Thomas-Dodd to commit to providing a reference point for young Jamaican girls and proving that medalling in the throws at the highest level was, in fact, possible. Read more here
INTERNATIONAL
Hong Kong: Anger as face masks banned after months of protests
Why China is the worst country Trump could ask for a favor
"We do not want to get in the middle of the US politics." That was the reaction of a Chinese diplomat to the revelation that United States President Donald Trump had urged Beijing to investigate Democratic presidential candidate Joe Biden and his son Hunter for their business dealings in China. But the diplomat wasn't simply expressing a desire to avoid what is turning into an increasingly messy scandal that could dominate the run-up to the 2020 election -- but a foundational tenet of Chinese foreign policy. Since the 1950s, China has operated on the principle of non-interference in other country's internal affairs. Indeed, many of Beijing's grievances with other countries arise from the perception that they are doing just that, stirring up dissent and encouraging protests or separatism. Read more here
4th October 2019