* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Tuesday, October 21, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Country music legend rushed to hospital year after heart surgery. Here’s what we know – PennLive.com

    Country Music Legend Rushed to Hospital One Year After Heart Surgery – What’s Happening Now?

    Strictly Come Dancing results: Chris Robshaw is eliminated while drag queen La Voix escapes dance-off – Yahoo

    Strictly Come Dancing results: Chris Robshaw is eliminated while drag queen La Voix escapes dance-off – Yahoo

    Placer County town of Loomis considers entertainment zone for downtown – CBS News

    Loomis Unveils Thrilling New Entertainment Zone to Revitalize Downtown

    CT Culture Corner: Robert Redford films to watch – CT Insider

    CT Culture Corner: Robert Redford films to watch – CT Insider

    Elmira’s New Entertainment Venue ‘Centertown Social’ Adding its Final Touches – WENY News

    Elmira’s New Entertainment Venue ‘Centertown Social’ Adding its Final Touches – WENY News

    Bella Thorne Shows Off Her Toned Abs in Crop Top – Yahoo

    Bella Thorne Shows Off Her Toned Abs in a Chic Crop Top

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    3 E Network Technology Group Limited Closes $1.5 Million Convertible Promissory Note Offering – Quiver Quantitative

    3 E Network Technology Group Limited Closes $1.5 Million Convertible Promissory Note Offering – Quiver Quantitative

    3 Technology Stocks to Buy Now – Yahoo Finance

    3 Must-Buy Tech Stocks You Can’t Afford to Miss Right Now

    ‘New frontier’: Austin leaders start discussions on air taxi technology – KXAN Austin

    Austin Leaders Ignite Exciting Conversations on the Future of Air Taxi Technology

    How a Gemma model helped discover a new potential cancer therapy pathway – blog.google

    How a Gemma Model Revealed a Breakthrough Pathway for Cancer Treatment

    Italian Technology in Manufacturing: Supporting North American Industries and Keeping Production Local – Thomasnet

    How Italian Technology is Revolutionizing North American Manufacturing and Boosting Local Production

    Guide to Proteomics Project Planning: Sample Preparation Strategies – Technology Networks

    Guide to Proteomics Project Planning: Sample Preparation Strategies – Technology Networks

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Country music legend rushed to hospital year after heart surgery. Here’s what we know – PennLive.com

    Country Music Legend Rushed to Hospital One Year After Heart Surgery – What’s Happening Now?

    Strictly Come Dancing results: Chris Robshaw is eliminated while drag queen La Voix escapes dance-off – Yahoo

    Strictly Come Dancing results: Chris Robshaw is eliminated while drag queen La Voix escapes dance-off – Yahoo

    Placer County town of Loomis considers entertainment zone for downtown – CBS News

    Loomis Unveils Thrilling New Entertainment Zone to Revitalize Downtown

    CT Culture Corner: Robert Redford films to watch – CT Insider

    CT Culture Corner: Robert Redford films to watch – CT Insider

    Elmira’s New Entertainment Venue ‘Centertown Social’ Adding its Final Touches – WENY News

    Elmira’s New Entertainment Venue ‘Centertown Social’ Adding its Final Touches – WENY News

    Bella Thorne Shows Off Her Toned Abs in Crop Top – Yahoo

    Bella Thorne Shows Off Her Toned Abs in a Chic Crop Top

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    3 E Network Technology Group Limited Closes $1.5 Million Convertible Promissory Note Offering – Quiver Quantitative

    3 E Network Technology Group Limited Closes $1.5 Million Convertible Promissory Note Offering – Quiver Quantitative

    3 Technology Stocks to Buy Now – Yahoo Finance

    3 Must-Buy Tech Stocks You Can’t Afford to Miss Right Now

    ‘New frontier’: Austin leaders start discussions on air taxi technology – KXAN Austin

    Austin Leaders Ignite Exciting Conversations on the Future of Air Taxi Technology

    How a Gemma model helped discover a new potential cancer therapy pathway – blog.google

    How a Gemma Model Revealed a Breakthrough Pathway for Cancer Treatment

    Italian Technology in Manufacturing: Supporting North American Industries and Keeping Production Local – Thomasnet

    How Italian Technology is Revolutionizing North American Manufacturing and Boosting Local Production

    Guide to Proteomics Project Planning: Sample Preparation Strategies – Technology Networks

    Guide to Proteomics Project Planning: Sample Preparation Strategies – Technology Networks

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home News

PM slams investment naysayers | Local News | trinidadexpress.com

June 28, 2024
in News
PM slams investment naysayers | Local News | trinidadexpress.com
Share on FacebookShare on Twitter

The same people who criticise the Government for not attracting foreign investment are the very people who are seeking to dissuade foreigners from investing in Trinidad and Tobago, Prime Minister Dr Keith Rowley said yesterday.

The Prime Minister said he would press ahead with the Government’s programme to woo investors from countries where this country has not traditionally had strong business ties, such as India.

“We of the PNM are accustomed to that (kind of opposition) and we will not be dissuaded. There has not been a single initiative in this country of any consequence which has been advanced by the PNM which has not been resisted by a fraction of the population, whether it was PAYE, free education, UTC, NIB.”

Addressing a party fund-raiser at the Hyatt Regency (Trinidad) hotel in Port of Spain titled Breakfast with the Prime Minister, Rowley defended his decision to seek business from Indian investors.

The PM’s statements come in the wake of calls from the Opposition asking him to explain why he met with Indian billionaire Naveen Jindal, who is facing corruption charges in India.

The Prime Minister met with Jindal, chairman of Jindal Steel and Power, last Monday in relation to his (Jindal’s) interest in the former Petrotrin refinery.

The Prime Minister—who acknowledged the presence of two groups of people from India—one group of businessmen who were part of an investment mission and another group from Haryana, stated: “There seems to be an attempt to dissuade foreigners from investing in Trinidad and Tobago. Interestingly, it is coming from the same people who would say from time to time, there is not enough direct foreign investment, (and that) one of the failures of the Government is that it needs more direct foreign investment and we not getting it. And, lo and behold, we now have the potential for foreign investment from a place where there are people who want to invest abroad and we are investing abroad. And we (the Government) are saying if you are investing in Oman and Qatar and Dubai and Spain and wherever you are, consider Trinidad and Tobago. And that seems to be upsetting some people,” he said.

The Prime Minister said the Government had to close down the country’s refinery because it threatened to bankrupt the country.

“We have a refinery which has not been operating since 2018 and we said from day one, it’s available to the world if there is anybody or any agency who would like to use it, if you have oil and you want to operate a refinery, there is one in Trinidad and Tobago that the Government is not operating. I can tell you at this point in time, after how many years of trying and trying and trying we do have some possible expression of interest. I don’t know what the expression is because we have not yet looked at the expression. But what we have are people saying to us, we think we are interested. So for the first time, we have some people of worth who are saying that. When we open their proposals we will know what their proposals are,” the Prime Minister stated.

He recalled the Oilfields Workers Trade Union’s (OWTU) proposal which called for the Government to provide US$500 million in bonds, saying, “That is the kind of foolishness that some people advance to the Government.”

He said when the Government looked at India’s progress, it found that although diplomatically, culturally and historically Trinidad and Tobago and India were close, they did not have strong commercial connections.

The Prime Minister, who visited India in April, said the Government decided to expose Trinidad and Tobago’s potential to the Indian business community.

“That is why we extend a very special welcome to his business group from India. And it is for the local business community to take advantage of what the Government has initiated because the Government would hardly be the investor to invest with them. It is you, the business community. We have opened these doors for you. You need to take advantage of that,” he said.

People praying for the Dragon deal to fail

Referring to the Opposition, the Prime Minister said there were people who wanted to see Trinidad and Tobago fail.

He referred to the Dragon gas arrangement, which saw this Government successfully getting Venezuela to do what it had never done before, which was to agree to export its gas to Trinidad and Tobago from a proven field.

“You would see some local people who I swear to God don’t belong to this country, who are praying night and day that we fail in that endeavour. I don’t know what they drink, where they sleep, who gave birth to them but those people don’t understand the significance of Trinidad and Tobago having a future beyond our own reserves in our own fields,” he said.

The Prime Minister said: “If the Dragon gas does not come next year or the year after, at least our children have a 30-year contract sometime in the future to access the gas from Venezuela across the border.”

On Government being able to get Venezuela’s agreement to develop the gas from the Manatee field, the Prime Minister said: “We had not been able in 15 years to move that conversation largely because the Venezuelans always feel that the Loran gas could go to Guiria to create some kind of Point Lisas…But we eventually encouraged the Venezuelans to allow us, who have seen our production of gas per day fall from 4.2 billion cubic feet to 2.6 billion and need gas to maintain that kind of production, the Venezuelans have agreed, and we have signed off, to allow us to extract our gas from Manatee on our side. That is not normally done…If for 15 years we didn’t make any movement and in this year we are able to say it has been sanctioned, the money is flowing, the Manatee gas would be on its way, isn’t that progress?” the Prime Minister asked.

$1,200 a table

The Prime Minister thanked his audience for supporting the call to “make a contribution to the PNM’s effort to manage the country’s affairs by managing the party’s affairs because without a good party I don’t know what the country is gonna be. It may not be a good country.”

The breakfast started at 7 a.m. and ended sometime after 10 a.m.

The cost per ticket was $1,200 and all tables were filled.

To members of the local business community which were represented in the audience, the Prime Minister said it was for the local business community to take advantage of what the Government has initiated in terms of strengthening business ties with India “because the Government would hardly be the investor to invest with them. It is you, the business community. We have opened these doors for you. You need to take advantage of that.”

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Trinidadexpress.com – https://trinidadexpress.com/news/local/pm-slams-investment-naysayers/article_60046f42-3429-11ef-97ce-174dced63787.html

Tags: InvestmentnewsSlams
Previous Post

Nurse stalked, gunned down

Next Post

Significance of Char Dham Yatra

We live in a sailboat and travel the world full-time… but our lifestyle isn’t as glamorous as you’d think – Daily Mail

Living Full-Time on a Sailboat and Traveling the World: The Reality Behind the Glamour

October 21, 2025
3 E Network Technology Group Limited Closes $1.5 Million Convertible Promissory Note Offering – Quiver Quantitative

3 E Network Technology Group Limited Closes $1.5 Million Convertible Promissory Note Offering – Quiver Quantitative

October 21, 2025
This Week in Navy Sports Presented by Navy Federal Credit Union – Naval Academy Athletics

Thrilling Moments from This Week in Navy Sports

October 21, 2025
New Land Cruiser “FJ” Makes World Premiere – トヨタ自動車株式会社 公式企業サイト

Unveiling the All-New Land Cruiser “FJ”: A Bold and Exciting World Premiere

October 20, 2025
World economy resilient but underwhelming, says IMF chief – African Business

Global Economy Proves Resilient Yet Growth Falls Short, Warns IMF Chief

October 20, 2025
Country music legend rushed to hospital year after heart surgery. Here’s what we know – PennLive.com

Country Music Legend Rushed to Hospital One Year After Heart Surgery – What’s Happening Now?

October 20, 2025
Proteases in intestinal health and disease – Nature

The Vital Role of Proteases in Intestinal Health and Disease

October 20, 2025
Chloe Thurston and Mary McGrath join the Perspectives on Politics editorial team as Associate Editors – Political Science Now

Chloe Thurston and Mary McGrath Join Perspectives on Politics as New Associate Editors

October 20, 2025
African Journal of Ecology paper wins Ig Nobel Prize 2025! – Wiley Online Library

Groundbreaking African Ecology Study Wins 2025 Ig Nobel Prize!

October 20, 2025
Celebrating the Science of Quilts – Hyperallergic

Unraveling the Art and Science Behind Quilts

October 20, 2025

Categories

Archives

October 2025
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728293031  
« Sep    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (877)
  • Economy (899)
  • Entertainment (21,770)
  • General (17,710)
  • Health (9,940)
  • Lifestyle (912)
  • News (22,149)
  • People (899)
  • Politics (909)
  • Science (16,109)
  • Sports (21,399)
  • Technology (15,879)
  • World (882)

Recent News

We live in a sailboat and travel the world full-time… but our lifestyle isn’t as glamorous as you’d think – Daily Mail

Living Full-Time on a Sailboat and Traveling the World: The Reality Behind the Glamour

October 21, 2025
3 E Network Technology Group Limited Closes $1.5 Million Convertible Promissory Note Offering – Quiver Quantitative

3 E Network Technology Group Limited Closes $1.5 Million Convertible Promissory Note Offering – Quiver Quantitative

October 21, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version