Over the past few days a number of questions have been raised in the public domain regarding the allocation of shares in the 2013 First Citizens Bank’s Initial Public Offer (“IPO”). I can disclose that the Ministry of Finance and the Economy had commenced a full review of the IPO process once we noted information…
In a move designed to strengthen the Customs and Excise Division, the Ministry of Finance and the Economy today issued appointment letters to seventy-six (76) new customs and excise officers to help bolster the protection of the country’s borders. View Release
Speaking at the Opening Ceremony of the Double Taxation Negotiations between Trinidad and Tobago and the Federal Republic of Germany on Wednesday 15th January 2014 at the Ministry‘s Head Office, Finance Minister, Larry Howai said that the successful re-negotiation of the Double Tax Treaty Agreement between both countries is expected to deliver two core benefits:…
The Financial Intelligent Unit’s (FIU) 2013 Annual Report was laid in Parliament on Friday January 10, 2014 by the Honourable Minister of Finance and the Economy, Larry Howai. Documents FIU’s 2013 Annual Report (PDF)
The FIUTT’s Fourth Annual Report is skilfully presented in an environment of challenges and successes. This Annual Report provides a detailed review of the FIUTT’s operations over the reporting period October 1, 2012 to September 30, 2013. Documents 2013 Financial Intelligence Unit of Trinidad and Tobago Annual Report (PDF)
On Dec. 24, 2013, Standard & Poor’s Ratings Services affirmed its ‘A/A-1’ long- and short-term foreign and local currency sovereign credit ratings on Trinidad and Tobago. The outlook remains stable. Documents Standard and Poor’s Ratings Services gives Trinidad and Tobago A/A-1 Rating (PDF)
Finance Minister Larry Howai and senior officials of the Ministry of Finance and the Economy and the Central Bank left the country on Thursday 5th December, 2013 to conduct roadshows targeted toward potential institutional investors in major financial centers in the United States and London. The objective of the roadshows would be to broaden the…
FINANCE and the Economy Minister, Larry Howai, yesterday (Friday) moved to adjust borrowing limits to empower the Central Bank’s efforts in mopping up approximately TT$6 Billion in excess liquidity in the nation’s financial system. Documents Howai moves to empower Central Bank’s excess liquidity control (PDF)
The Ministry of Finance and the Economy wishes to advise that the Chairman of Atrius Life Insurance Company Limited, Mr. Shubhash Gosine, carries the professional title of Company Director and not that of Actuary, as was formerly reported on the Ministry’s website, www.finance.gov.tt. Documents Amendment to the Professional Title of Mr. Shubhash Gosine -Chairman of…
Chairman of Caribbean Airlines Limited (CAL), Philip Marshall earlier today made a presentation to the local organization, “Muslims of Trinidad & Tobago”. The company sponsored five (5) airlines tickets to the group to London enroute to the Philippines where they will offer support to Typhoon victims. Documents CAL gives support to local group to assist…