Business

Caribbean Airlines lost $260M on London route

Caribbean Airlines lost more than a quarter of a billion dollars flying the London route between June 2012 and January 2016, according to Prime Minister Dr. Keith Rowley.

Dr. Rowley was speaking in the Parliament on Wednesday evening on a motion to vest the assets of Petrotrin into three companies which will comprise the restructured entity.

In responding to the opposition’s position that it would not have shut down the state-owned refinery, Dr. Rowley referenced Caribbean Airlines’ London route.

CWU leader retrenched, told today is his last working day

Secretary-General of the Communication Workers' Union (CWU), Clyde Elder is among 503 workers who are to be sent home from TSTT and he is being sent home immediately, with the company offering to pay him off for the 45 days' notice that it has given him.

Elder was served a retrenchment letter today along with the other workers, giving 45 days notice, which takes them to the end of December.

It's official! TSTT serves retrenchment notices to over 500 workers

State-owned TSTT has confirmed that over 500 workers have been given retrenchment notices today.

The company says this will involve both junior and senior staff.

The following is a statement by TSTT today.

"Today, Thursday 15 November, 2018, TSTT executed on a critical phase in its organizational transformation. 

This phase involves 503 Junior and Senior staff employees receiving retrenchment notices along with payment in lieu of the 45 days’ notice. 

Petrotrin refinery spruced up to attract buyer

As Petrotrin’s re­fin­ery be­comes moth­balled and Re­quests for Pro­pos­als (RF­Ps) are sent to the ‘world at large’, work­ers say an ex­ten­sive facelift of the up­grad­ed re­fin­ery is un­der­way.

A source who re­quest­ed anonymi­ty said the 22 plants have been pres­sure washed and are look­ing bet­ter than they have ever looked in years.

Supermarket Association, Commissioner discuss security strategies

The Executive of the Trinidad and Tobago Police Service (TTPS), led by Commissioner of Police Gary Griffith, have met with the board of the Supermarket Association of Trinidad and Tobago (SATT), a statement by the Police Service said.

The meeting took place at the WITCO Boardroom today.

Commissioner Griffith, DCP ‘Operations’ Deodath Dulalchan, Snr. Supt. (Ag.) Lindon Greenidge of Fraud Squad, and Supt. Erica Prieto of the Municipal Police, held discussions with the board of SATT, regarding several matters of mutual interest.

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