Over 100 workers are expected to be sent home as the Telecommunications Services of Trinidad and Tobago (TSTT) begins the implementation of its “new structure.”
Confirmation of the move came via a letter from the company to the Communications Workers’ Union (CWU) on Monday.
In the letter addressed to CWU secretary general Clyde Elder, dated November 12, a senior TSTT industrial relations manager outlined the changes to the CWU, which were reportedly discussed at a meeting on October 26.
The Trinidad and Tobago Chamber of Industry and Commerce is warning that delay-tactics regarding the passage of the Income Tax Amendment Bill will negatively impact an already fragile economy and the stability in this country's financial system.
In a statement it issued today, the Chamber says cross-border tax regulations are fast becoming the norm in global business.
Communications Minister, Stuart Young says that no imported fuel has been sold at gas station pumps as yet, as he sought today to debunk rumours that imported fuel is burning faster than the local fuel from Petrotrin.
Speaking at today's post-Cabinet news conference, Minister Young said that Petrotrin only got its first batch of imported fuel last night.
Petrotrin chairman Wilfred Espinet says while he told Government officials that the refinery would likely not be profitable in a meeting in January, he never advised Government to close down Petrotrin.
Espinet made the comment yesterday during cross-examination by Oilfields’ Workers’ Trade Union attorney Douglas Mendes SC, as the union’s industrial relations offence complaint against Petrotrin continued.
Opposition Leader Kamla Persad-Bissessar will speak to the Guyanese private sector on lessons Trinidad and Tobago has learned on managing oil and gas revenues when she attends a function in Guyana tomorrow.
Persad-Bissessar will give the presentation as the featured speaker at the 23rd Awards Presentation and Dinner hosted by the Guyana Manufacturing & Services Association’s (GMSA) at the Pegasus Hotel, Georgetown.