CAL not in crisis, says chairman

PORT OF SPAIN, Trinidad - The Caribbean Airlines (CAL) board has directed that its acting chief executive Robert Corbie provide a report on why the company has to potentially write off $200 million in cargo revenue and credit card fraud. Chairman Rabindra Moonan, in a telephone interview yesterday,...
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2030: Shared prosperity is possible in our region

PORT OF SPAIN, Trinidad - The World Bank, under the leadership of President Jim Yong Kim, has focused attention on the ambitious and demanding work to eliminate extreme poverty in the world's population by 2030 and to increase the income of the poorest 40 per cent in order to promote shared prosperi...
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EU supporting regional food security project

PORT OF SPAIN, Trinidad, CMC - The European Union is providing an Euro 8.6 million (One Euro = US$1.29) grant to support a project to improve Caribbean food security in the context of climate change. The project is being conducted in Belize, Barbados, St. Kitts and Nevis and Trinidad and Tobago and ...
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CAL’s current situation clearly unsustainable

PORT OF SPAIN, Trinidad - Is it unrealistic for T&T to continue to have a national airline? Or is the issue one of incompetent and corrupt management at the national airline? Can Caricom, as a group of struggling economies, continue to have half a dozen national airlines, all of them losing hundreds...
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Watch those State funds

PORT OF SPAIN, Trinidad - Proper governance structures need to be in place at all enterprises funded by taxpayers, including one like Caribbean Airlines (CAL), to avoid situations where these companies have to write off major debts, business leaders have said. “In the private sector, you can&r...
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Dookeran: Biden to spend 1 night, two days in T&T

PORT OF SPAIN, Trinidad - US Vice President Joe Biden is to spend one night and two days in Trinidad and Tobago during his visit later this month. Foreign Affairs Minister Winston Dookeran told reporters after the opening ceremony of CARICOM’s Council for Foreign and Community Relations (COFCO...
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The CARICOM trade imbalance — Jamaica/T&T

KINGSTON, Jamaica - Recently, there have been a number of rash and, in some instances, derogatory letters, describing Jamaica's perceived relationship with Trinidad & Tobago (T&T). Some were whimsical and others simply vacuous. Generally, they demonstrate a lack of understanding regardin...
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Renewing confidence in CARICOM

PORT OF SPAIN, Trinidad - I F ALL goes well with the work programmes for two ministerial council meetings this week in Port of Spain, the people of the Caribbean Community should have a good idea of what to expect with top priority issues when the region’s Heads of Government gather in Trinida...
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CARICOM defends position on taking rum issue before WTO

PORT OF SPAIN, Trinidad, CMC – Caribbean Community (CARICOM) countries say they will continue to oppose subsidies being granted to the UK-based Diageo, one of the world’s biggest producers of rum, because of the impact the subsidy is having on rum producers in the Caribbean. Caribbean C...
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