The Chamber of Industry and Commerce has welcomed the measures announced the 2019 Budget by Finance Minister Colm Imbert.
The Chamber says it is satisfied that the minister adopted some of its recommendations.
The following is the Chamber's response to the Budget.
"Following the delivery of the National Budget 2018/2019 this afternoon the Trinidad and Tobago Chamber of Industry and Commerce wishes to note the Minister of Finance’s positive and ambitious plans for the next fiscal year and beyond.
A Hindu pundit who bought a brand new Audi Q-7 SUV for over $670,000 from a car company two years ago, is seeking to get his money back.
In a pre-action protocol letter sent by his attorney Prem Persad Maharaj, Ramakrishna Persad of Waterloo Road, Perseverance Village Couva challenged Southern Sales and Service Company to refund him in full saying the vehicle sold to him was defective.
The purchase was made in July 2016, but it was on September 15 that same year he got finally possession of the SUV.
Persad said the vehicle is now parked up because of the defects.
At a time when the country is engrossed in the possible fallout of the Petrotrin refinery closure, comes word that monthly salaries at the state-run Water and Sewage Authority (WASA) run at more than $91 million. This pays some 5,150 permanent employees and means in one year the authority spends over $1.1 billion in salaries alone.
WASA chairman Romney Thomas gave those figures in response to questions from the Sunday Guardian about the authority’s wage bill.
“Average monthly salary and wages $91.475m,” Thomas wrote via Whatsapp.
Petrotrin chairman Wilfred Espinet is assuring there are adequate fuel supplies to meet the needs of the population and there is no need to panic. The Petrotrin refinery, he said, will continue to produce for some time yet and in addition, he said short-term arrangements will be entered into to ensure continuity in supplies.
Speaking to the T&T Guardian on the issue yesterday, Espinet assured there is no mad scramble to find a supplier for fuel when the Petrotrin refinery is shut down.
Petrotrin says that its board of directors met on Thursday with the Oilfields Workers’ Trade Union (OWTU) in a follow-up to a meeting last week when the union presented, for the board’s review, the OWTU’s plan to restructure Petrotrin.
A statement by the company says that in addition to the restructuring plan, the union had also tabled a proposal for leasing the Pointe-a-Pierre refinery.
Petrotrin says yesterday’s meeting took place at the Petrotrin’s Pointe-a-Pierre Staff Club and lasted approximately two hours.