NEWS
TT Children getting diabetes before parents
President of the Diabetes Association of TT Andrew Dhanoo says younger people were developing diabetes, some before their parents. He was speaking on Wednesday as a Joint Select Committee (JSC) on childhood obesity met with officials of the Diabetes Association as well as officials from the Sport and Agriculture ministries and the National Parent Teacher Association. He said excess body fat is one of the primary determinants of diabetes development, and obesity reduction tactics have been at the centre of the association's initiatives. Read more here
Criminals switching to military weapons —senior cop
Criminals are shifting from the use of handguns to commit crimes to more sophisticated military-type rifles. This from Assistant Commissioner of Police (Anti-Crime) Jayson Forde on Wednesday as he told a Parliament Joint Select Committee on National Security that police were seizing an average of 1,000 illegal firearms annually. Forde admitted that the rate at which illegal firearms “appear on the streets is something to be concerned about.” Vice chairman of the Committee Paul Richards told Forde the SSA’s 2016 data showed there were 8,154 illegal firearms in T&T and this figure may be a drop in the bucket. Many of those weapons came in through legal ports of entry, the SSA found. Read more here
POLITICS
Trade minister advises local companies to embrace technology
Trade and Industry Minister Paula Gopee-Scoon has advised local manufacturers to embrace cutting-edge technology, or get left behind, as technological advances transform the world of manufacturing. Gopee-Scoon applauded Domus Windows and Doors Ltd’s use of technology to produce hurricane resistant windows and doors, during the opening of its $55 million factory and showroom, Factory Road, Chaguanas on Tuesday. She said local manufacturers had to embrace similar technology as the world seemed to be moving ahead in the fields of automation and robotics. “If TT is to remain competitive, investment in cutting edge technology like what we see here today, high-value production and export practices are indeed a must. Read more here
PM: Corrupt engineers inflating State contracts
Prime Minister Dr Keith Rowley has said over-inflated engineer estimates at government ministries have cost this country millions of dollars over the years. During his address at the sod-turning ceremony in Valsayn on Wednesday for the Curepe Interchange Project, the Prime Minister slammed the initial inflated cost attached to the project under the previous government. In 2013, the project was estimated to cost $513 m. Read more here
BUSINESS
Central Bank reaches out to families in new museum
From the moment you enter the capital city, the Twin Towers are the most notable part of the waterfront. They may not be the sky scrapers that most foreign visitors are used to but for us, the towers of the Eric Williams Financial Complex are the centerpiece of the city. As iconic as the towers may be to the architectural landscape of the city, what goes on inside is even more significant. The east building houses, among others, the Ministry of Finance, while the west tower is home to the Central Bank, including the newly re-commissioned Central Bank Museum. Established in 2004 in celebration of the 40th anniversary of the bank, the Central Bank Museum, formerly known as the Money Museum, has recently undergone an extensive and modern rebranding into a state-of-the-art facility. Read more here
An industrial policy that works
Recently in the House of Representatives, Finance Minister Colm Imbert stated that more Trinbagonians are making purchases online. Imbert also added that local financial institutions used a total of US$1.205 billion to meet credit-card foreign obligations in 2018. US dollar outflows due to online shopping have steadily increased in recent times; in 2010 it was US $343 million, in 2011 $376 million, in 2012 $539 million, in 2013 $531 million, in 2014 $641 million and in 2015 $776 million. Even the implementation of a seven per cent online sales tax in 2016 could not stem the deluge. This is a growing trend globally and highlights the fact that local businesses will face increasing pressure from online competitors across various industries, and especially in the retail sector. Read more here
REGIONAL
It’s JDF! - Army Wins RG Award
The Jamaica Defence Force (JDF) last night received the RG Platinum Award for its sterling service to nation building through the Jamaica National Service Corps, a state-led initiative aimed at transforming at-risk youth into model citizens and producing an army of competent workers to drive industry and commerce. Even amid the roars of approval that swept the ballroom of The Jamaica Pegasus, Lieutenant General Rocky Meade’s sure-footed march before accepting the RJRGLEANER Group’s award oozed humility. The Man of the Year Award was this year renamed the Platinum Award. Read more here
INTERNATIONAL
Desperate and alone, Saudi sisters risk everything to flee oppression
The night they fled, Reem and Rawan didn't dare sleep. It was September 6, 2018. The two Saudi sisters were on a family vacation in Colombo, Sri Lanka. For weeks, they had helped their mother organize the trip, feigning excitement at the possibility of two weeks away from Riyadh, but knowing that if all went to plan, they'd never go back. Failure was not an option. Every step of their escape from Saudi Arabia carried the threat of severe punishment or death. "We knew the first time, if it's not perfect, it will be the last time," Reem says. Read more here
Bangladesh fire: Blaze kills dozens in Dhaka historic district
21st February 2019